Production Status
Striving to be
the Best in the Bakken
At Phoenix Energy, we’re redefining operational excellence in the Williston Basin. With record-breaking milestones and cutting-edge innovations, we’re proud to lead the charge in American energy independence.
Daily Oil Production
January 1, 2024 - July 31, 2026
Gross average barrels of oil per day as of 07/31/26. Oil production is only from wells owned and operated by Phoenix Operating, a wholly-owned subsidiary of Phoenix Energy. Phoenix’s portfolio of royalty assets and non-operated working interests are not included in this chart.
As of 7/31/26
Over the next 12 months
As of 7/31/26
Drilling Performance in North Dakota & Montana
Rockin’ in the Bakken
PRODUCING
147
- ALAMO/TIOGA: 99 wells
- STANLEY: 22 wells
- KNIFE RIVER: 12 wells
- SHOGUN: 9 wells
- NOONAN: 5 wells
UNDER DEVELOPMENT
34
- RIDE THE LIGHTNING (Grasslands): 5 four-mile wells
- KIMONO (Shogun): 4 four-mile wells
- KATANA (Shogun): 4 wells
- BONSAI (Shogun): 2 four-mile "u-turn" wells
- ORIGAMI (Shogun): 4 four-mile wells
- CADDYSHACK (Noonan): 5 three-mile wells
- SPACKLER (Noonan): 5 three-mile wells
- DANNY NOONAN (Noonan): 5 three-mile wells
Well counts for producing and under development are as of 7/31/2026.
Bakken Drilling Records
- LONGEST 4-MILE LATERAL
- NYSTUEN 20-17-8-5-1H (Alamo)
- 20,797.5 ft.
- FASTEST-DRILLED 4-MILE LATERAL
- WILLOW GRAY 2-11-14-23-4H (Alamo)
- WILLOW GRAY 2-11-14-23-2H (Alamo)
- 9.29 Days
- FASTEST-DRILLED 3-MILE LATERAL
- AXEL FERRARI 25-36-1-4H (Alamo)
- 6.46 Days
Longer Laterals = Enhanced Project Economics
Chasing Records IN THE BAKKEN
4 of the fastest 3-milers
DAYS TO TOTAL DEPTH¹
6.46
6/29/2024
6.52
JACOBSON 19-30-31 3H (Alamo)
8/22/2024
6.52
DANIELE 26-35-2 2H (Alamo)
5/9/2024
6.60
AXEL FERRARI 25-36-1 5H (Alamo)
7/8/2024
one of the
longest Laterals
ON A ONE-RUN 4-MILER
20.8K
lateral length (FT)²
NYSTUEN 20-17-8-5-1H (Alamo)
6/17/2025
4 of the fastest 4-milers
DAYS TO TOTAL DEPTH¹
9.29
WILLOW GRAY 2-11-14-23-4H (Alamo)
9/24/2025
9.71
WILLOW GRAY 2-11-14-23-2H (Alamo)
9/14/2025
9.77
WILLOW GRAY 2-11-14-23-5H (Alamo)
10/06/2025
10.38
NYSTUEN 20-17-8-5-4H (Alamo)
7/16/2025
- Days to total depth” (DTD or Days to TD) refers to the number of calendar days it takes to drill a well from the start of operations (spud date) to the point at which the well reaches its planned final depth
- Lateral length refers to the horizontal distance a wellbore extends within an oil or gas formation after drilling vertically to a targeted depth. Typical lateral lengths in modern unconventional drilling range from approximately 5,000 to 15,000 feet, enhancing reservoir contact and production efficiency.
Longer Laterals = Enhanced Project Economics
Chasing Records IN THE BAKKEN
4 of the fastest 3-milers
DAYS TO TOTAL DEPTH¹
6.46
AXEL FERRARI 25-36-1 4H 6/29/2024
6.52
DANIELE 26-35-2 2H / JACOBSON 19-30-31 3H 5/9/2024 / 8/22/2024
6.60
AXEL FERRARI 25-36-1 5H 7/8/2024
one of the
longest Laterals
ON A ONE-RUN 4-MILER
20.8K
lateral length (FT)²
NYSTUEN 20-17-8-5 1H 6/17/2025
one of the Fastest Rates of Penetration
ON A ONE-RUN 4-MILER
267.4
ROP FEET PER HOUR³
NYSTUEN 20-17-8-5 1H 6/17/2025
- Days to total depth” (DTD or Days to TD) refers to the number of calendar days it takes to drill a well from the start of operations (spud date) to the point at which the well reaches its planned final depth
- Lateral length refers to the horizontal distance a wellbore extends within an oil or gas formation after drilling vertically to a targeted depth. Typical lateral lengths in modern unconventional drilling range from approximately 5,000 to 15,000 feet, enhancing reservoir contact and production efficiency.
- Rate of Penetration (ROP) is a standard drilling performance metric in the oil and gas industry. It quantifies the speed at which the drill bit advances through subsurface formations, typically expressed in feet per hour (ft/hr) or meters per hour (m/hr). Calculated as total depth drilled divided by drilling time, ROP is influenced by formation properties, bit type, drilling parameters, and fluid systems.
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*Certain of our non-executive personnel are licensed registered representatives of Crescent Securities Group, Inc, a member of the Financial Industry Regulatory Authority, Inc., and the managing broker dealer for our debt security offerings.