4,414 wells across 504 active operators, with 0 drilling permits filed in the last 24 months.
Refreshed monthly from BOGC well-header records. Data current as of 2026-08-23.
Quick answer: The Powder River Basin formation in Montana has 4,414 wells on record across 504 active operators, with 0 drilling permits filed in the last 24 months (as of 2026-08-23). Its most active operators by well count are Fidelity Exploration & Production Company, Denbury Onshore, Summit Gas Resources, Powder River Gas and Highline Exploration. Compiled from Montana Board of Oil and Gas Conservation (BOGC) well-header records, refreshed monthly.
The operators with the most well counts targeting the Powder River Basin formation in Montana:
| # | Operator | Wells in Powder River Basin |
|---|---|---|
| 1 | Fidelity Exploration & Production Company | 1,144 |
| 2 | Denbury Onshore | 472 |
| 3 | Summit Gas Resources | 237 |
| 4 | Powder River Gas | 165 |
| 5 | Highline Exploration | 116 |
| 6 | Redstone Gas Partners | 91 |
| 7 | Pinnacle Gas Resources | 78 |
| 8 | True Oil | 73 |
| 9 | Gary Energy | 65 |
| 10 | Placid Oil Company | 62 |
The Montana counties with the most Powder River Basin activity:
Big Horn, Powder River, Carter, Custer, Rosebud
The Powder River Basin is one of Montana's active oil and gas plays, with 4,414 wells on file across 504 distinct operators of record. Operators have filed 0 drilling permits targeting the Powder River Basin in the last 24 months — a measure of how active the play is right now versus its historical baseline.
For mineral owners with interests in Big Horn, Powder River, Carter, Custer, Rosebud, knowing whether your tract sits within an active Powder River Basin footprint is a foundational valuation question. Active formations with consistent permit flow command premium pricing; legacy formations with steady but declining production are valued differently.
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4,414 wells target the Powder River Basin in Montana, worked by 504 active operators, per BOGC well-header records (as of 2026-08-23).
By well count, the most active Powder River Basin operators in Montana are Fidelity Exploration & Production Company, Denbury Onshore, Summit Gas Resources, Powder River Gas and Highline Exploration. The full ranking is in the table on this page.
Operators filed 0 drilling permits targeting the Powder River Basin in the last 24 months — a live measure of current activity, per BOGC records.
Operators filed 0 new drilling permits targeting the Powder River Basin in Montana over the last 24 months. New permits and spuds are the clearest signal of active Powder River Basin drilling, per BOGC records (as of 2026-08-23).
Powder River Basin activity in Montana currently spans 4,414 wells on record and 504 active operators, led by Fidelity Exploration & Production Company, Denbury Onshore, Summit Gas Resources, Powder River Gas and Highline Exploration, with 0 drilling permits filed in the last 24 months — refreshed monthly from Montana Board of Oil and Gas Conservation (BOGC) well-header records (as of 2026-08-23).
The most active Powder River Basin counties in Montana are Big Horn, Powder River, Carter, Custer, Rosebud.
Value depends on your net mineral acres or royalty decimal, the operator, the remaining drilling locations, and current oil and gas prices. Buckhead Energy checks your tract against current Powder River Basin well and permit data and puts a free, no-obligation written offer in writing — this page is informational only, not a valuation.
Cite this dataset
Permanently archived and citable via a DOI on Zenodo (CERN), under a CC BY 4.0 license. DOI: 10.5281/zenodo.21442884 · View on Zenodo
License & attribution: This data is licensed CC BY 4.0. You are free to share and adapt it, including commercially, provided you credit “Buckhead Energy” and link back to this page or the DOI above.
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Formation: Powder River Basin
State: Montana
Total wells: 4,414
Active operators: 504
Permits 24mo: 0
Last refresh: 2026-08-23
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