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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 - October 31, 2026

Daily Oil Production

Gross barrels of oil produced per day through 10/31/26. 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.

Drilling Performance in North Dakota & Montana

Rockin’ in the Bakken

Well counts for producing and under development are as of 10/31/2026.

Longer Laterals = Enhanced Project Economics

Chasing Records in the Bakken

Diagram of a 3-mile, 1-section drilling grid Diagram of a 4-mile, 2-section drilling grid block
Diagram of a 3-mile-wide drilling unit Diagram of a 3-mile, 1-section drilling grid

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

Diagram of a 4-mile, 2-section drilling grid block Diagram of a 4-mile, 1-block drilling unit

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

Phoenix Energy drilling unit diagram
Diagram of a 4-mile, 2-section drilling grid block Diagram of a 4-mile, 1-block drilling unit

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

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Drilling rig rising beyond a field of yellow canola flowers under a blue sky
Rig worker in a hard hat and gloves handling heavy drilling equipment on a rig floor
Field worker in a hard hat guiding a pipe across a muddy well site with red and yellow wellheads behind him
Illuminated drilling rig on the open prairie under a full moon at night
Lined water storage pond at a water depot under a colorful sunset sky
Christ Marshall in a Phoenix Hard Hat and Vest in front of a pad
David Scadden in a Phoenix Hard Hat and Vest in front of a pad
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Footnotes

  1. 1 “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.
  2. 2 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.