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 - Jul 2025
Total Oil Production1,019,016 BBLs
Total Gas Production2,040,841 MCF
Recent Oil Production17,330 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property8

Our Valuation Estimates for Gustafson

ShaleAssessment™

Not Available

MarketMultiple™

$3,586,085 **

* 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 Jul 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, ND2,618 BBLs0 MCFJul 2025
BarnstormerMcKenzie County, ND5,636 BBLs9,475 MCFJul 2025
Bear ButteMcKenzie County, ND18,318 BBLs0 MCFJul 2025
Bratcher 14-36McKenzie County, ND1,139 BBLs2,663 MCFJul 2025
BuffaloMcKenzie County, ND50,853 BBLs0 MCFJul 2025
BW-Edwin Stenseth-149-100- 2833H-1McKenzie County, ND659 BBLs3,037 MCFJul 2025
BW-Hagen- 149-100-1522HMcKenzie County, ND0 BBLs0 MCFMay 2025
BW-Norgard- 149-100-1102HMcKenzie County, ND1,573 BBLs3,299 MCFJul 2025
Ceynar 1McKenzie County, ND310 BBLs6 MCFJul 2025
ChitwoodMcKenzie County, ND1,496 BBLs1,970 MCFJul 2025
Gravos 4McKenzie County, ND9,585 BBLs12,704 MCFJul 2025
Helga Stenseth 29-1HMcKenzie County, ND1,057 BBLs1,230 MCFJul 2025
KummerMcKenzie County, ND1,808 BBLs2,824 MCFJul 2025
McGregorMcKenzie County, ND1,469 BBLs3,197 MCFJul 2025
NelsonMcKenzie County, ND0 BBLs0 MCFDec 2002
Nelson 41-24 24-23H MB1McKenzie County, ND283 BBLs665 MCFJul 2025
NorgardMcKenzie County, ND1,927 BBLs3,258 MCFJul 2025
SchilkeMcKenzie County, ND1,076 BBLs2,262 MCFJul 2025
StockeMcKenzie County, ND38,759 BBLs0 MCFJul 2025
True Federal 21-16 16-21HMcKenzie County, ND463 BBLs1,472 MCFJul 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
Triangle USA Petroleum Corporation
True Oil Company
True Oil LLC
Vanguard Operating, LLC
White Rock Oil & Gas, 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