Daily Oil Production

January 1, 2024 - September 15, 2025

No Data Found

Jan '24

Feb

Mar

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JuL

aug

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Jan '25

FEB

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SEP

Gross average barrels of oil per day as of 9/15/25 (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.

WELLS DRILLED
0

As of 9/15/25

WELLS PLANNED
0

Over the next 12 months

BARRELS OF OIL SOLD
4 M+

As of 9/15/25

Drilling Performance in North Dakota & Montana

Rockin’ in the Bakken

Producing
70
Drilling/Drilled/Completed
15

Bakken Drilling Records

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

  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. 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.
  3. 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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