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 - Oct 2025
Total Oil Production1,059,775 BBLs
Total Gas Production2,258,219 MCF
Recent Oil Production12,551 BBLs in Oct 2025
Recent Gas Production52,358 MCF in Oct 2025
Wells on Property8

Our Valuation Estimates for Gustafson

ShaleAssessment™

Not Available

MarketMultiple™

$2,653,877 **

* 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 Oct 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, ND3,279 BBLs12,000 MCFOct 2025
BarnstormerMcKenzie County, ND16,621 BBLs29,079 MCFOct 2025
Bear ButteMcKenzie County, ND22,158 BBLs33,462 MCFOct 2025
Bratcher 14-36McKenzie County, ND862 BBLs1,205 MCFOct 2025
BuffaloMcKenzie County, ND33,630 BBLs142,375 MCFOct 2025
BW-Edwin Stenseth-149-100- 2833H-1McKenzie County, ND690 BBLs5,431 MCFOct 2025
ChitwoodMcKenzie County, ND537 BBLs590 MCFOct 2025
Curl 2McKenzie County, ND1,141 BBLs2,192 MCFOct 2025
Daredevil FederalMcKenzie County, ND0 BBLs0 MCFSep 2025
Gravos 4McKenzie County, ND2,797 BBLs8,186 MCFOct 2025
Gudmunsen 27-1HMcKenzie County, ND525 BBLs695 MCFOct 2025
KummerMcKenzie County, ND2,333 BBLs1,595 MCFOct 2025
McGregorMcKenzie County, ND819 BBLs691 MCFOct 2025
NelsonMcKenzie County, ND0 BBLs0 MCFDec 2002
Nelson 41-24 24-23H MB1McKenzie County, ND331 BBLs815 MCFOct 2025
NorgardMcKenzie County, ND3,739 BBLs8,089 MCFOct 2025
SchilkeMcKenzie County, ND2,477 BBLs2,914 MCFOct 2025
SchultzMcKenzie County, ND476 BBLs6 MCFOct 2025
StockeMcKenzie County, ND26,919 BBLs105,291 MCFOct 2025
True Federal 21-16 16-21HMcKenzie County, ND759 BBLs1,612 MCFOct 2025

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