Oil & Gas Property in Burke County, ND
Key data points for Bly 3
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Feb 1984 - Nov 2025 |
| Total Oil Production | 386,512 BBLs |
| Total Gas Production | 1,497,573 MCF |
| Recent Oil Production | 0 BBLs in Nov 2025 |
| Recent Gas Production | 27 MCF in Nov 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Bly 3
ShaleAssessment™
$8,029 *
MarketMultiple™
$10,093 **
* 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 20 properties to the Bly 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abel USA | Burke County, ND | 0 BBLs | 0 MCF | Apr 2012 |
| Bratland 3-1H | Burke County, ND | 252 BBLs | 8,696 MCF | Nov 2025 |
| Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
| Carrie Bratsberg | Burke County, ND | 481 BBLs | 722 MCF | Nov 2025 |
| Delores USA | Burke County, ND | 0 BBLs | 0 MCF | Dec 2019 |
| Erickson | Burke County, ND | 298 BBLs | 245 MCF | Nov 2025 |
| FLX1 22-15 163-91 | Burke County, ND | 396 BBLs | 6,598 MCF | Nov 2025 |
| FLX3 | Burke County, ND | 0 BBLs | 0 MCF | Mar 2025 |
| Goodman | Burke County, ND | 258 BBLs | 300 MCF | Nov 2025 |
| Gudmunn Sjue | Burke County, ND | 0 BBLs | 0 MCF | Apr 1993 |
| Lignite-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | Oct 2013 |
| M. Sorum | Burke County, ND | 0 BBLs | 0 MCF | Jan 1970 |
| Marvin Sorum | Burke County, ND | 0 BBLs | 0 MCF | Sep 1988 |
| Nelson Unit 1 | Burke County, ND | 295 BBLs | 3,088 MCF | Nov 2025 |
| North Black Slough-Madison U | Burke County, ND | 0 BBLs | 0 MCF | Sep 1985 |
| Probst | Burke County, ND | 0 BBLs | 0 MCF | Jun 2017 |
| PTL1 | Burke County, ND | 577 BBLs | 8,605 MCF | Nov 2025 |
| PTL4 | Burke County, ND | 1,779 BBLs | 32,127 MCF | Nov 2025 |
| Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
| Rmu 1 | Burke County, ND | 0 BBLs | 0 MCF | Mar 2024 |
These are the closest 12 companies operating near the Bly 3 property.