Karlgaard 2

Oil & Gas Property in Divide County, ND

  2. North Dakota
  3. Divide County, ND
  4. Oil & Gas Properties in Divide County, ND
  5. Karlgaard 2 Oil & Gas Property

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Property Summary

Key data points for Karlgaard 2

CountyDivide County, ND
OperatorPHOENIX OPERATING LLC
Production DatesSep 2012 - Jul 2025
Total Oil Production181,980 BBLs
Total Gas Production279,240 MCF
Recent Oil Production446 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property2

Our Valuation Estimates for Karlgaard 2

ShaleAssessment™

$22,768 *

MarketMultiple™

$58,459 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Karlgaard 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Karlgaard 2
from Sep 2012 to Jul 2025

Wells on Karlgaard 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-023-00822KARLGAARD 22-15-160-98H 1PBPhoenix Operating LLCActiveDivide County, ND48.663129-103.325463
33-023-00823KARLGAARD 27-34-160-98H 1XPPhoenix Operating LLCActiveDivide County, ND48.663129-103.325273

Nearby Properties

These are the closest 20 properties to the Karlgaard 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Axel FerrariDivide County, ND52,127 BBLs94,277 MCFJul 2025
Bentson 2Divide County, ND468 BBLs0 MCFJul 2025
Bissonnette 14B-31HDivide County, ND326 BBLs0 MCFJul 2025
Bronkar 2Divide County, ND1,032 BBLs0 MCFJul 2025
Frazier 1-20-17HDivide County, ND482 BBLs1,194 MCFJul 2025
GN-Earecen- 159-98-2734H-1Williams County, ND466 BBLs1,071 MCFJul 2025
GN-Njos- 159-98-2635H-1Williams County, ND374 BBLs957 MCFJul 2025
Hay Farms 14B-20HNDivide County, ND342 BBLs0 MCFJul 2025
Herland 14-12HDivide County, ND835 BBLs0 MCFJul 2025
Ingebret 1-8HDivide County, ND351 BBLs869 MCFJul 2025
Jacobson 1Divide County, ND95,468 BBLs154,857 MCFJul 2025
Michelsen 1-34HDivide County, ND732 BBLs1,591 MCFJul 2025
Nystuen 14Divide County, ND532 BBLs0 MCFJul 2025
Rogers 1Divide County, ND453 BBLs195 MCFJul 2025
SchilkeWilliams County, ND1,558 BBLs3,770 MCFJul 2025
TurbodieselWilliams County, ND79,867 BBLs0 MCFJul 2025
W Nystuen 159-98-15-9-4-2H3Williams County, ND408 BBLs303 MCFJul 2025
WildroseDivide County, ND0 BBLs0 MCFMay 2025
Wildrose 159-9Williams County, ND800 BBLs589 MCFJul 2025
Wildrose 159-98-15-10-3-3H3Williams County, ND380 BBLs327 MCFJul 2025

Companies in the Area

These are the closest 11 companies operating near the Karlgaard 2 property.

Company Name
Armstrong Operating, Inc.
Cobra Oil & Gas Corporation
Continental Resources, Inc.
Getty Oil Company
Hess Bakken Investments II, LLC
Hunt Oil Company
Kraken Operating, LLC
Petro-Hunt, L.L.C.
Phoenix Operating LLC
SM Energy Company
Whiting Oil And Gas Corporation

Frac'ing activity on Karlgaard 2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-023-00822Karlgaard Trust 22-15-160-98H 1PB
33-023-00823Karlgaard Trust 27-34-160-98H 1XP