Oil rig drilling operations in the Bakken formation

Finex Operating

Join Our Journey to Operational Excellence

The newest wing of the business is delivering record-breaking performance in the oil and gas industry. Launched in 2023 as a wholly-owned subsidiary of Finex Energy, Finex Operating serves as the company's dedicated operating arm, focusing on domestic oil and gas development in the Williston, Powder River, and DJ Basins.

Delivering Value Through the Drill Bit

Our mission is clear: to maximize efficiency, minimize environmental impact, and deliver lasting value for landowners, investors, and stakeholders.

Oil extraction operations showing hands holding crude oil

Williston Basin Map

Williams County and Divide County, North Dakota

Williston Basin

Finex Operating's initial drilling efforts are centered in Williams County and Divide County, North Dakota. Utilizing 3-mile Bakken laterals, we aim to optimize operational efficiency while reducing surface disturbance.

Our Drilling Program officially launched in September 2023, a significant step in advancing energy production through innovative drilling practices in the region.

D-J Basin and Powder River

Looking ahead, Finex Operating is preparing to develop acreage in Laramie County and Converse County, Wyoming. Drilling operations in these areas are anticipated to commence in the near future, with regular updates on progress provided as they become available.

DJ Basin & Powder River Map

Laramie County and Converse County, Wyoming

Wells Drilled

120

As of 1/31/26

Wells Planned

0

Over the next 12 months

Barrels of Oil Produced

9M+

As of 1/31/26

Rockin' in the Bakken

Interactive Drilling Map
North Dakota & Montana Bakken Wells

Producing

108

  • ALAMO/TIOGA: 77 wells
  • KNIFE RIVER: 12 wells
  • SHOGUN: 9 wells
  • STANLEY: 5 wells
  • NOONAN: 5 wells

Under Development

31

  • BIG STONE (Alamo): 5 wells
  • CHARLENE FERRARI (Tioga): 6 wells
  • M JOHNSON (Alamo): 6 wells
  • LOSTWOOD (Stanley): 1 four-mile well
  • HAEFELE (Alamo/Tioga): 5 wells
  • AFSETH (Stanley): 4 wells
  • PLADSON (Stanley): 4 wells

Bakken Drilling Records

Longest 4-Mile Lateral

NYSTUEN 20-17-8-5-1H

(Alamo)

20,797.5

ft.

Fastest-Drilled 4-Mile Lateral

WILLOW GRAY 2-11-14-23-4H

(Alamo)

9.29

Days

Fastest-Drilled 3-Mile Lateral

AXEL FERRARI 25-36-1-4H

(Alamo)

6.46

Days

Chasing Records in the Bakken

3-MILE LATERAL

1 Grid Block

4-MILE LATERAL

2 Grid Blocks

4 of the Fastest 3-Milers

Days to Total Depth¹

6.46

AXEL FERRARI 25-36-1 4H

(Alamo)

6/29/2024

6.52

JACOBSON 19-30-31 3H

(Alamo)

8/22/2024

6.52

DANIELE 26-35-2 2H

(Alamo)

5/9/2024

6.60

AXEL FERRARI 25-36-1 5H

(Alamo)

7/8/2024

On a One-Run 4-Miler

20.8K

lateral length (FT)²

NYSTUEN 20-17-8-5-1H (Alamo)

6/17/2025

4 of the Fastest 4-Milers

Days to Total Depth¹

9.29

WILLOW GRAY 2-11-14-23-4H

(Alamo)

9/24/2025

9.71

WILLOW GRAY 2-11-14-23-2H

(Alamo)

9/14/2025

9.77

WILLOW GRAY 2-11-14-23-5H

(Alamo)

10/06/2025

10.38

NYSTUEN 20-17-8-5-4H

(Alamo)

7/16/2025