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 - Aug 2025
Total Oil Production1,033,787 BBLs
Total Gas Production2,153,344 MCF
Recent Oil Production14,771 BBLs in Aug 2025
Recent Gas Production54,653 MCF in Aug 2025
Wells on Property8

Our Valuation Estimates for Gustafson

ShaleAssessment™

Not Available

MarketMultiple™

$3,152,259 **

* 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 Aug 2025

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 LLCActiveMcKenzie 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, ND3,552 BBLs9,783 MCFAug 2025
BarnstormerMcKenzie County, ND1,211 BBLs2,169 MCFAug 2025
Bear ButteMcKenzie County, ND16,263 BBLs25,865 MCFAug 2025
Bratcher 14-36McKenzie County, ND1,440 BBLs3,769 MCFAug 2025
BuffaloMcKenzie County, ND40,131 BBLs144,982 MCFAug 2025
BW-Edwin Stenseth-149-100- 2833H-1McKenzie County, ND610 BBLs5,031 MCFAug 2025
BW-Hagen- 149-100-1522HMcKenzie County, ND355 BBLs223 MCFAug 2025
BW-Norgard- 149-100-1102HMcKenzie County, ND1,991 BBLs4,538 MCFAug 2025
BW-StovelandMcKenzie County, ND1,836 BBLs1,467 MCFAug 2025
ChitwoodMcKenzie County, ND875 BBLs1,828 MCFAug 2025
Curl 2McKenzie County, ND1,183 BBLs2,331 MCFAug 2025
Gravos 4McKenzie County, ND4,106 BBLs6,679 MCFAug 2025
Gudmunsen 27-1HMcKenzie County, ND616 BBLs811 MCFAug 2025
KummerMcKenzie County, ND0 BBLs0 MCFJul 2025
McGregorMcKenzie County, ND853 BBLs2,793 MCFAug 2025
NelsonMcKenzie County, ND0 BBLs0 MCFDec 2002
NorgardMcKenzie County, ND4,796 BBLs8,021 MCFAug 2025
SchilkeMcKenzie County, ND304 BBLs459 MCFAug 2025
StockeMcKenzie County, ND31,171 BBLs118,568 MCFAug 2025
True Federal 21-16 16-21HMcKenzie County, ND905 BBLs1,892 MCFAug 2025

Companies in the Area

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

Company Name
Amoco Production Co.
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