Gustafson

Oil & Gas Property in McKenzie County, ND

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

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Property Summary

Key data points for Gustafson

CountyMcKenzie County, ND
OperatorNEPTUNE OPERATING LLC
Production DatesNov 2012 - Feb 2026
Total Oil Production1,101,662 BBLs
Total Gas Production2,410,161 MCF
Recent Oil Production7,240 BBLs in Feb 2026
Recent Gas Production24,434 MCF in Feb 2026
Wells on Property8

Our Valuation Estimates for Gustafson

ShaleAssessment™

Not Available

MarketMultiple™

$1,871,548 **

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

Based on a decimal interest

Gustafson Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gustafson
from Nov 2012 to Feb 2026

Wells on Gustafson

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-053-04187GUSTAFSON 148-100-5-8-1HNEPTUNE OPERATING LLCActiveMcKenzie County, ND47.674008-103.444761
33-053-05367GUSTAFSON 148-100-5-8-2HNEPTUNE OPERATING LLCInactiveMcKenzie County, ND47.673871-103.444355
33-053-05368GUSTAFSON 148-100-5-8-3HNEPTUNE OPERATING LLCActiveMcKenzie County, ND47.673871-103.444152
33-053-09910Gustafson 148-100-5-8-5HNEPTUNE OPERATING LLCPermit Now CancelledMcKenzie County, ND47.673873-103.443624
33-053-09911Gustafson 148-100-5-8-6HNEPTUNE OPERATING LLCPermit Now CancelledMcKenzie County, ND47.673873-103.443522
33-053-09912Gustafson 148-100-5-8-7HNEPTUNE OPERATING LLCPermit Now CancelledMcKenzie County, ND47.673873-103.443421
33-053-10144Gustafson 5-8 #4HNEPTUNE OPERATING LLCActiveMcKenzie County, ND47.673642-103.450030
33-053-10188Gustafson 5-8 #5HNEPTUNE OPERATING LLCActiveMcKenzie County, ND47.673642-103.450164

Nearby Properties

These are the closest 20 properties to the Gustafson property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonMcKenzie County, ND2,705 BBLs10,223 MCFFeb 2026
AtlasMcKenzie County, ND35,900 BBLs49,380 MCFFeb 2026
BarnstormerMcKenzie County, ND17,413 BBLs29,030 MCFFeb 2026
Bear ButteMcKenzie County, ND10,848 BBLs26,523 MCFFeb 2026
Bratcher 14-36McKenzie County, ND1,479 BBLs3,506 MCFFeb 2026
BuffaloMcKenzie County, ND21,207 BBLs91,131 MCFFeb 2026
BW-Hagen-149-100- 1522HMcKenzie County, ND23,931 BBLs50,738 MCFFeb 2026
BW-Norgard- 149-100-1102HMcKenzie County, ND5,247 BBLs9,332 MCFFeb 2026
ChitwoodMcKenzie County, ND857 BBLs987 MCFFeb 2026
Curl 2McKenzie County, ND1,070 BBLs1,793 MCFFeb 2026
Daredevil FederalMcKenzie County, ND9,755 BBLs18,006 MCFFeb 2026
Gudmunsen 27-1HMcKenzie County, ND388 BBLs374 MCFFeb 2026
KummerMcKenzie County, ND2,985 BBLs5,907 MCFFeb 2026
McGregorMcKenzie County, ND607 BBLs310 MCFFeb 2026
NelsonMcKenzie County, ND0 BBLs0 MCFDec 2002
Nelson 41-24 24-23H MB1McKenzie County, ND308 BBLs581 MCFFeb 2026
NorgardMcKenzie County, ND3,439 BBLs7,010 MCFFeb 2026
SchilkeMcKenzie County, ND1,519 BBLs3,696 MCFFeb 2026
StockeMcKenzie County, ND17,971 BBLs87,839 MCFFeb 2026
True Federal 21-16 16-21HMcKenzie County, ND656 BBLs882 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Gustafson property.

Company Name
Amoco Production Company
Apache Corporation
Champlin Petroleum Co.
Conoco Inc
Denbury Onshore, LLC
Gulf Oil Corp.
Hess Bakken Investments II, LLC
Hunt Oil Company
Kerr-McGee Oil & Gas Onshore LP
Kraken Operating, LLC
Neptune Operating LLC
Nine Point Energy, LLC
Phillips Petroleum Company
Slawson Exploration Company Inc
Tiger Oil Company
Triangle USA Petroleum Corporation
True Oil Company
True Oil LLC
Vanguard Operating, LLC
Whiting Oil And Gas Corporation

Frac'ing activity on Gustafson

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-053-04187Gustafson 148-100-5-8-1H
33-053-05367Gustafson 148-100-5-8-2H
33-053-05368Gustafson 148-100-5-8-3H
33-053-10144Gustafson 5-8 #4H
33-053-10188Gustafson 5-8 #5H