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 - Oct 2024
Total Oil Production1,982,513 BBLs
Total Gas Production2,378,767 MCF
Recent Oil Production13,960 BBLs in Oct 2024
Recent Gas Production37,366 MCF in Oct 2024
Wells on Property6

Our Valuation Estimates for Altuve 2

ShaleAssessment™

Not Available

MarketMultiple™

$3,781,430 **

* 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 Oct 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
Burgess 2-22Richland County, MT310 BBLs403 MCFOct 2024
CaykoRichland County, MT736 BBLs16 MCFOct 2024
Cayko Federal 34-41Richland County, MT382 BBLs6 MCFOct 2024
Dagney 33-21Richland County, MT6,760 BBLs12,143 MCFOct 2024
Eagle 4-9Richland County, MT6,857 BBLs17,846 MCFOct 2024
Elroy 32-31 1HRichland County, MT1,702 BBLs2,448 MCFOct 2024
FillerRichland County, MT626 BBLs381 MCFOct 2024
HopperstadRichland County, MT0 BBLs0 MCFApr 1999
Judith 10-3Richland County, MT15,830 BBLs20,848 MCFOct 2024
KittlesonRichland County, MT0 BBLs0 MCFMar 2010
Lonestar 12-13Richland County, MT4,983 BBLs8,961 MCFOct 2024
Niles 1McKenzie County, ND90,051 BBLs92,188 MCFOct 2024
NohlyRichland County, MT422 BBLs11 MCFOct 2024
Pompey 17-18HWilliams County, ND346 BBLs462 MCFOct 2024
RasmussenRichland County, MT558 BBLs1,302 MCFOct 2024
ReidleMcKenzie County, ND37,130 BBLs78,161 MCFOct 2024
Shannon 2-35 1HRichland County, MT522 BBLs1,323 MCFOct 2024
SponheimMcKenzie County, ND76,761 BBLs107,128 MCFOct 2024
VossRichland County, MT662 BBLs680 MCFOct 2024
Warren 15-22Richland County, MT17,759 BBLs22,261 MCFOct 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.