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 - Dec 2025
Total Oil Production1,083,232 BBLs
Total Gas Production2,344,993 MCF
Recent Oil Production12,748 BBLs in Dec 2025
Recent Gas Production47,706 MCF in Dec 2025
Wells on Property8

Our Valuation Estimates for Gustafson

ShaleAssessment™

Not Available

MarketMultiple™

$1,947,248 **

* 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 Dec 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 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, ND3,077 BBLs10,699 MCFDec 2025
BarnstormerMcKenzie County, ND7,582 BBLs12,535 MCFDec 2025
Bear ButteMcKenzie County, ND9,425 BBLs20,799 MCFDec 2025
Bratcher 14-36McKenzie County, ND1,390 BBLs3,340 MCFDec 2025
BuffaloMcKenzie County, ND29,594 BBLs126,208 MCFDec 2025
BW-Edwin Stenseth-149-100- 2833H-1McKenzie County, ND417 BBLs5,008 MCFDec 2025
Ceynar 1McKenzie County, ND301 BBLs6 MCFDec 2025
ChitwoodMcKenzie County, ND718 BBLs407 MCFDec 2025
Curl 2McKenzie County, ND1,726 BBLs3,446 MCFDec 2025
Daredevil FederalMcKenzie County, ND14,805 BBLs22,872 MCFDec 2025
Gravos 4McKenzie County, ND748 BBLs429 MCFJan 2026
Gudmunsen 27-1HMcKenzie County, ND536 BBLs466 MCFDec 2025
KummerMcKenzie County, ND3,357 BBLs3,108 MCFDec 2025
McGregorMcKenzie County, ND722 BBLs385 MCFDec 2025
NelsonMcKenzie County, ND0 BBLs0 MCFDec 2002
NorgardMcKenzie County, ND3,343 BBLs5,993 MCFDec 2025
SchilkeMcKenzie County, ND2,077 BBLs3,024 MCFDec 2025
SchultzMcKenzie County, ND534 BBLs6 MCFDec 2025
StockeMcKenzie County, ND21,747 BBLs91,209 MCFDec 2025
True Federal 21-16 16-21HMcKenzie County, ND712 BBLs1,439 MCFJan 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 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