Oil & Gas Property in Billings County, ND
Key data points for Demores Federal
| County | Billings County, ND |
|---|---|
| Operator | FOUNDATION ENERGY MANAGEMENT, LLC |
| Production Dates | Sep 2011 - Feb 2024 |
| Total Oil Production | 273,626 BBLs |
| Total Gas Production | 137,172 MCF |
| Recent Oil Production | 1,029 BBLs in Feb 2024 |
| Recent Gas Production | 682 MCF in Feb 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Demores Federal
ShaleAssessment™
$23,644 *
MarketMultiple™
$202,261 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 12 properties to the Demores Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amy Fee 23-5H | Billings County, ND | 642 BBLs | 603 MCF | Feb 2024 |
| Corey Federal | Billings County, ND | 0 BBLs | 0 MCF | Feb 2016 |
| Federal | Billings County, ND | 1,164 BBLs | 203 MCF | Feb 2024 |
| Kjelstrup | Golden Valley County, ND | 1,078 BBLs | 255 MCF | Feb 2024 |
| Little Mo Federal 142-102-1 | Billings County, ND | 479 BBLs | 639 MCF | Feb 2024 |
| Mohrle Federal | Golden Valley County, ND | 529 BBLs | 84 MCF | Feb 2024 |
| Moi Demores | Billings County, ND | 673 BBLs | 1,000 MCF | Feb 2024 |
| Ramona Fe | Billings County, ND | 667 BBLs | 77 MCF | Feb 2024 |
| Rauch Shapiro Fee | Billings County, ND | 483 BBLs | 297 MCF | Feb 2024 |
| Roosevelt | Billings County, ND | 120 BBLs | 67 MCF | Feb 2024 |
| Roosevelt 23-29 | Billings County, ND | 1,553 BBLs | 943 MCF | Feb 2024 |
| Schneider 1 | Billings County, ND | 609 BBLs | 572 MCF | Feb 2024 |
These are the closest 7 companies operating near the Demores Federal property.
| Company Name |
|---|
| Abraxas Petroleum Corporation |
| Bta Oil Producers, LLC |
| FH Petroleum Corp. |
| Foundation Energy Management, LLC |
| Legacy Reserves Operating LP |
| Summit Resources, Inc. |
| Whiting Oil And Gas Corporation |