True Federal

Oil & Gas Property in McKenzie County, ND

Property Summary

Key data points for True Federal

CountyMcKenzie County, ND
OperatorTRUE OIL LLC
Production DatesJul 2013 - Oct 2024
Total Oil Production283,875 BBLs
Total Gas Production538,894 MCF
Recent Oil Production1,070 BBLs in Oct 2024
Recent Gas Production1,971 MCF in Oct 2024
Wells on Property9

Our Valuation Estimates for True Federal

ShaleAssessment

$55,102 *

MarketMultiple

$122,357 **

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

Based on a decimal interest

True Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for True Federal
from Jul 2013 to Oct 2024

Wells on True Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-053-04718TRUE FEDERAL 21-3 3-10HTRUE OIL LLCActiveMcKenzie County, ND47.587942-103.537388
33-053-05201TRUE FEDERAL 33-35 2-11 TF1TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.594858-103.508415
33-053-05202TRUE FEDERAL 33-35 2H MB1TRUE OIL LLCActiveMcKenzie County, ND47.594857-103.508285
33-053-05203TRUE FEDERAL 33-35 2-11 TF2TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.594857-103.508155
33-053-05204TRUE FEDERAL 33-35 2-11 MB2TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.594857-103.508025
33-053-05319TRUE FEDERAL 11-1 1-6MB1TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.584834-103.501324
33-053-05320TRUE FEDERAL 11-1 1-6TF1TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.584922-103.501325
33-053-05321TRUE FEDERAL 11-1 1-6TF2TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.585009-103.501326
33-053-05322TRUE FEDERAL 11-1 1-6MB2TRUE OIL LLCPermit Now CancelledMcKenzie County, ND47.585097-103.501327

Nearby Properties

These are the closest 20 properties to the True Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonMcKenzie County, ND1,983 BBLs6,148 MCFOct 2024
Anderson 41-26 26-35HMcKenzie County, ND948 BBLs3,265 MCFOct 2024
Bear ButteMcKenzie County, ND799 BBLs2,190 MCFOct 2024
BuffaloMcKenzie County, ND38,294 BBLs103,545 MCFOct 2024
Bull MooseMcKenzie County, ND1,538 BBLs1,107 MCFOct 2024
Burlington NorthernMcKenzie County, ND0 BBLs0 MCFMay 2020
EllsworthMcKenzie County, ND5,166 BBLs14,188 MCFOct 2024
Hagen Federal 41-25 25-30HMcKenzie County, ND2,150 BBLs2,303 MCFOct 2024
Liberty Federal 13-36 36-31H TF1McKenzie County, ND375 BBLs938 MCFOct 2024
NelsonMcKenzie County, ND0 BBLs0 MCFDec 2002
Ness 41-25 24 M1HMcKenzie County, ND1,549 BBLs1,548 MCFOct 2024
Red Wing CreekMcKenzie County, ND9,713 BBLs24,429 MCFOct 2024
Red Wing Unit 13-26McKenzie County, ND536 BBLs761 MCFOct 2024
Redwing 1-3-10H 1McKenzie County, ND310 BBLs843 MCFOct 2024
SchultzMcKenzie County, ND598 BBLs6 MCFOct 2024
Slash FederalMcKenzie County, ND16,264 BBLs19,698 MCFOct 2024
SnowcoverMcKenzie County, ND0 BBLs0 MCFOct 2017
True FederalMcKenzie County, ND581 BBLs489 MCFOct 2024
True Federal 21-16 16-21HMcKenzie County, ND1,361 BBLs2,613 MCFOct 2024
Williston BasinMcKenzie County, ND323 BBLs342 MCFOct 2024