Phoenix Operating

Join Our Journey
to Operational
Excellence

Phoenix Operating, launched in 2023 as a wholly owned subsidiary of Phoenix Energy, is driving record-breaking results as the company’s dedicated operating arm for domestic oil and gas development in the Williston, Powder River, and DJ Basins.

U.S. map highlighting the Williston Basin across North Dakota and Montana
North Dakota & Montana

Williston Basin

Phoenix Operating’s drilling activity covers the Williston Basin in North Dakota and Montana. In North Dakota that means Williams, Divide, Mountrail, McKenzie and Dunn Counties, and in Montana it means Roosevelt County. We use 3- and 4-mile Bakken laterals to make operations more efficient and reduce surface disturbance.

Our Drilling Program launched in September 2023 in Williams and Divide Counties, North Dakota, and has since expanded into Montana.

DJ Basin &
Powder River

Looking ahead, Phoenix Operating is preparing to develop acreage in Laramie County and Converse County, Wyoming. Drilling operations in these areas are anticipated to commence in the near future, with regular updates on progress provided as they become available.

Map of the DJ and Powder River Basins
Production

Track Our Bakken Production

Our Production page brings together our production goals, our Bakken well map and the drilling records our teams have set in the Williston Basin.

194
Wells Drilled

As of 10/31/26

96
Wells Planned

Over the next 12 months

24.6M+
Barrels of Oil Produced

As of 10/31/26

Your Investments: at Work

See how Phoenix Energy puts your investment capital directly to work.

Best-In-Class Operating Team

Being average was never acceptable - and our team is no exception.

Responsible Capital Stewards

We strive to make fiscally responsible decisions that benefit both investors and employees.

Track Record of Success

Demonstrating, with concrete evidence, how well we can perform in the field.

Drill Deeper Into
Phoenix Energy

Learn about our business, the oil and gas industry, and our offerings through an engaging 1-hour presentation.

Preview mockup of the Phoenix Energy investor webinar video

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