Altuve 2

Oil & Gas Property in Richland County, MT

  2. Montana
  3. Richland County, MT
  4. Oil & Gas Properties in Richland County, MT
  5. Altuve 2 Oil & Gas Property

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Property Summary

Key data points for Altuve 2

CountyRichland County, MT
OperatorKRAKEN OPERATING, LLC
Production DatesJun 2022 - Dec 2024
Total Oil Production2,013,400 BBLs
Total Gas Production2,461,152 MCF
Recent Oil Production16,576 BBLs in Nov 2024
Recent Gas Production45,417 MCF in Nov 2024
Wells on Property6

Our Valuation Estimates for Altuve 2

ShaleAssessment™

Not Available

MarketMultiple™

$3,283,867 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Altuve 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Altuve 2
from Jun 2022 to Dec 2024

Wells on Altuve 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
25-083-23400Altuve 26-23 #1HKraken Operating, LLCProducingRichland County, MT47.968150-104.060420
25-083-23401Altuve 26-23 #2HKraken Operating, LLCProducingRichland County, MT47.968150-104.060290
25-083-23403Altuve 26-23 #4HKraken Operating, LLCProducingRichland County, MT47.968150-104.060020
25-083-23404Altuve 25-24 #5HKraken Operating, LLCProducingRichland County, MT47.968150-104.059890
25-083-23405Altuve 26-23 #3HKraken Operating, LLCProducingRichland County, MT47.968150-104.060160
25-083-23406Altuve 25-24 #6HKraken Operating, LLCProducingRichland County, MT47.968150-104.059750

Leases included in Altuve 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
8970Altuve 26-23Kraken Operating, LLCRichland County, MT

Nearby Properties

These are the closest 20 properties to the Altuve 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CaykoRichland County, MT508 BBLs15 MCFDec 2024
Cayko Federal 34-41Richland County, MT375 BBLs6 MCFDec 2024
Dagney 33-21Richland County, MT6,935 BBLs12,373 MCFDec 2024
Eagle 4-9Richland County, MT6,078 BBLs17,887 MCFDec 2024
Elroy 32-31 1HRichland County, MT1,366 BBLs1,900 MCFDec 2024
FillerRichland County, MT650 BBLs369 MCFDec 2024
FT. Buford 1-16HWilliams County, ND778 BBLs2,731 MCFDec 2024
Hopes 30-27FMcKenzie County, ND110,541 BBLs121,732 MCFDec 2024
HopperstadRichland County, MT0 BBLs0 MCFApr 1999
KittlesonRichland County, MT0 BBLs0 MCFMar 2010
Lonestar 12-13Richland County, MT4,434 BBLs9,739 MCFDec 2024
Niles 1McKenzie County, ND69,459 BBLs78,881 MCFDec 2024
NohlyRichland County, MT398 BBLs11 MCFDec 2024
Pompey 17-18HWilliams County, ND341 BBLs708 MCFDec 2024
RasmussenRichland County, MT553 BBLs1,245 MCFDec 2024
ReidleMcKenzie County, ND35,655 BBLs95,469 MCFDec 2024
Shannon 2-35 1HRichland County, MT757 BBLs1,891 MCFDec 2024
SponheimMcKenzie County, ND102,277 BBLs99,439 MCFDec 2024
VossRichland County, MT667 BBLs704 MCFDec 2024
Warren 15-22Richland County, MT16,298 BBLs22,522 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Altuve 2 property.

Company Name
Abraxas Petroleum Corporation
Chaco Energy Company
Chesapeake Operating LLC
Choctaw II Oil & Gas, LTD.
Citation Oil & Gas Corp.
Continental Resources, Inc.
Dominion Oklahoma Texas Exploration & Production
Grayson Mill Operating LLC
Kraken Operating, LLC
Mercury Resources LLC
Neptune Operating LLC
Oasis Petroleum North America LLC
Pennzoil Exploration & Production Co.
Ridge Energy
Rim Operating, Inc.
Slawson Exploration Company Inc
SM Energy Company
Sun Exploration-Production Co.
White Rock Oil & Gas, LLC
XTO Energy Inc.