Investment Opportunity in T Johnson Fed Unit: A Promising Venture in North Dakota
StrongHeart Energy is excited to present an investment opportunity in the T Johnson Fed Unit, a DUC (Drilled Uncompleted) well located in Mountrail County, North Dakota. Situated in the world-class Williston Basin targeting the highly productive Middle Bakken formation, this well offers excellent upside potential in one of North America's premier oil-producing regions.
Wells Details:
T Johnson Fed Unit
- Basin: Williston
- Location: Mountrail County, ND
- Operator: PHX Operating
- Formation: Middle Bakken
- Status: DUC (Drilled Uncompleted)
Offset Wells Performance
- PLADSON 4-9 #3H - 156,022 bbl
- PLADSON 4-9 #2H - 137,271 bbl
- LOSTWOOD 13-25H - 60,948 bbl
Offering Details
State
County
Number of Wells
Production Status
Operator
Basin
Formation
Key Highlights:
- Experienced Operator: PHX Operating (Phoenix Operating Company) is an experienced operator with a strong track record in the Williston Basin and proven expertise in Bakken development.
- Premier Location: The Williston Basin is one of North America's most prolific oil-producing regions, with the Middle Bakken formation being a world-class unconventional reservoir.
- Strong Offset Performance: Nearby offset wells have demonstrated solid oil production, with cumulative production exceeding 354,000 barrels from the three closest producers.
Investment Benefits:
- Tax Advantages: Investing in oil and gas can provide significant tax benefits, including deductions for intangible drilling costs (IDCs) and potential depletion allowances.
- Diversification: Adding oil and gas investments to your portfolio can diversify risk and offer potential for steady income.
- Bakken Exposure: The Bakken formation has transformed American oil production and continues to offer attractive investment opportunities.
The Middle Bakken Formation
The Middle Bakken formation is one of the most significant unconventional oil plays in North America. Located within the Williston Basin spanning North Dakota, Montana, and Saskatchewan, the Bakken has been instrumental in the American energy renaissance over the past two decades.
The Middle Bakken, sandwiched between the Upper and Lower Bakken shales, is a tight oil reservoir that has responded exceptionally well to horizontal drilling and hydraulic fracturing techniques. This formation continues to deliver strong production results for operators throughout the basin.
The T Johnson Fed Unit DUC well targeting the Middle Bakken offers investors exposure to this proven formation with reduced drilling risk.
Oil and Gas Production in Mountrail County, North Dakota
Mountrail County is located in the heart of the Bakken play in northwestern North Dakota. The county has been one of the top oil-producing counties in the state and has seen significant development activity over the past decade.
The combination of favorable geology, established infrastructure, and experienced operators makes Mountrail County an attractive location for oil and gas investment.
Key Attributes of Mountrail County's Oil and Gas Sector
- Prolific Production: Mountrail County has been among the top producing counties in North Dakota, with thousands of producing wells and billions of barrels of recoverable reserves.
- Mature Infrastructure: Years of development have resulted in extensive pipeline networks, processing facilities, and transportation infrastructure.
- Proven Geology: The Middle Bakken and Three Forks formations have demonstrated consistent production results across the county.
Why Invest in This Project?
By partnering with PHX Operating, StrongHeart Energy is bringing you an opportunity backed by deep Bakken expertise and operational excellence. Investing in this well offers you the chance to participate in the ongoing development of one of America's most productive oil formations.
About Phoenix Operating Company (PHX Operating)
Phoenix Operating Company is an established oil and gas operator with significant experience in the Williston Basin. The company specializes in the acquisition, development, and operation of oil and natural gas properties, with a particular focus on unconventional resource plays.
PHX Operating brings a combination of technical expertise, operational efficiency, and financial discipline to its projects. The company's track record in the Bakken formation demonstrates its ability to successfully develop and produce from challenging unconventional reservoirs.
Key Highlights of Phoenix Operating Company:
- Bakken Expertise: Deep experience operating in the Williston Basin with a proven track record of successful well completions and production optimization.
- Operational Excellence: Focus on efficient operations and cost management to maximize returns for stakeholders.
- Technical Capability: Strong technical team with expertise in horizontal drilling, completion design, and production enhancement.
Contact
Contact Us
At StrongHeart Energy, we encourage investors to schedule in-person meetings and connect with our technical and engineering team for any inquiries.
Address
601 Brickell Key Dr, Miami, FL 33131, USA
Call Us
+1 (305) 202-0630
Email Us
invest@strongheartenergy.com