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.

January 1, 2024 - July 31, 2026

Daily Oil Production

Gross average barrels of oil per day as of 07/31/26 (by week). 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.

173 WELLS DRILLED

As of 8/15/26

96 WELLS PLANNED

Over the next 12 months

20.8M+

BARRELS OF OIL PRODUCED

As of 8/15/26

Drilling Performance in North Dakota & Montana

Rockin’ in the Bakken

PRODUCING

147

UNDER DEVELOPMENT

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 8/15/2026.

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 (Alamo)
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.

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