Gross Daily Oil Production

January-December 2024

Striving to be the Best in the Bakken

0

Wells Drilled

as of 12/31/24

0

Wells Planned

over next 12 months

2 M+

Barrels of Oil Sold

as of 12/31/24

At Phoenix Capital Group, our operating arm plays a critical role in driving our business forward. We are proud to have achieved significant milestones, particularly in the Williston Basin in North Dakota. Throughout 2024, our team has become one of the most efficient operators in the basin, positioning us to expand even further with our ambitious drilling plans.

Our focus on efficiency and collaboration across all of our operations drives us to accomplish feats never been done before. We set a record in the Bakken for drilling a three-mile horizontal well in just six and a half days, underscoring our commitment to excellence.

We are continually leveraging technology and innovation to improve our well output and reduce costs, with the aim of delivering returns to our bondholders while maintaining a sustainable and scalable operation.

Follow along on our journey with us! As part of our commitment to transparency with our investors, check back in frequently, as we’ll be updating our production on this page twice a month! An investment in Phoenix leads directly to American independence in oil and gas production. 

Drilling Performance in North Dakota & Montana

Rockin’ in the Bakken

Producing

Completed

Drilled/Drilling

News From the Field

Phoenix Energy rig in the Williston Basin
When my family started Phoenix Capital Group in 2019, we had two missions. First, we...

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DALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) — Adam Ferrari, CEO of Phoenix Capital Group, announced...

Denver, CO – October 9, 2024 – Phoenix Capital Group Holdings, LLC (“Phoenix”), an emerging...