FundedIQ
Energy

Northern Oil and Gas: Funding, Investors & Team (Oct 2026)

Northern Oil and Gas, Inc. is a prominent player in the Bakken and Three Forks plays in the Williston Basin of North Dakota and Montana, operating as a non-operator within the region. The company's success is largely attributed to its strong partnerships with top operators and landowners in the area. Northern focuses on high-activity regions within the Williston Basin that provide the best returns on oil drilling investments.

www.northernoil.com LinkedIn Minnetonka, United States 51-100 employees
Energy Industrial Oil and Gas
Total raised
$600M
Rounds
3
Latest
Undisclosed round
Mar 2026

Northern Oil and Gas has raised $600M across 3 funding rounds on record, the most recent an undisclosed round of $200M announced in Mar 2026.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Northern Oil and Gas Company Profile and Key Stats

Total funding raised
$600M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$200M in Mar 2026
Employees
51-100
reported band
Headquarters
Minnetonka, United States

Latest funding round on record: Mar 2026.

Northern Oil and Gas Funding Rounds

Date
Round
Amount
Undisclosed round
$200M
Undisclosed round
$200M
Undisclosed round
$200M

Northern Oil and Gas raised $200M in an undisclosed round announced in May 2023.

2.1 years later, an undisclosed round of $200M was announced in Jun 2025.

9 months later, an undisclosed round of $200M was announced in Mar 2026.

Northern Oil and Gas Founders and Leadership Team

Name
Role
Contact
Katie Jackson
Founder
Locked
Michael Reger
Founder
Locked

Contact details for the Northern Oil and Gas team: 2 of 2 have an email address on file, 1 has a LinkedIn profile.

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Northern Oil and Gas Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M

Northern Oil and Gas' latest round of $200M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Northern Oil and Gas Funding FAQs

What does Northern Oil and Gas do?

Northern Oil and Gas, Inc. is a prominent player in the Bakken and Three Forks plays in the Williston Basin of North Dakota and Montana, operating as a non-operator within the region. The company's success is largely attributed to its strong partnerships with top operators and landowners in the area. Northern focuses on high-activity regions within the Williston Basin that provide the best returns on oil drilling investments.

How much funding has Northern Oil and Gas raised?

Northern Oil and Gas has raised $600M across 3 rounds on record. The most recent is an undisclosed round of $200M announced in Mar 2026.

When did Northern Oil and Gas last raise funding?

Northern Oil and Gas' most recent funding round on record is an undisclosed round of $200M, announced in Mar 2026.

Who founded Northern Oil and Gas?

FundedIQ lists Katie Jackson (Founder), Michael Reger (Founder) at Northern Oil and Gas.

Where is Northern Oil and Gas headquartered?

Northern Oil and Gas is based in Minnetonka, Minnesota, United States.

How many employees does Northern Oil and Gas have?

Northern Oil and Gas is in the 51-100 employee band.

How does Northern Oil and Gas' funding compare to other Energy startups?

Northern Oil and Gas' latest round of $200M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Northern Oil and Gas Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Northern Oil and Gas is left off this page rather than filled in.

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