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 - Aug 2025 |
| Total Oil Production | 386,512 BBLs |
| Total Gas Production | 1,497,468 MCF |
| Recent Oil Production | 57 BBLs in Aug 2025 |
| Recent Gas Production | 332 MCF in Aug 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Bly 3
ShaleAssessment™
$8,367 *
MarketMultiple™
$10,698 **
* 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 | 216 BBLs | 8,282 MCF | Aug 2025 |
| Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
| Carpentier 3-34-27H | Burke County, ND | 423 BBLs | 213 MCF | Aug 2025 |
| Carrie Bratsberg | Burke County, ND | 512 BBLs | 784 MCF | Aug 2025 |
| Delores USA | Burke County, ND | 0 BBLs | 0 MCF | Dec 2019 |
| Erickson | Burke County, ND | 327 BBLs | 310 MCF | Aug 2025 |
| FLX3 | Burke County, ND | 0 BBLs | 0 MCF | Mar 2025 |
| Goodman | Burke County, ND | 208 BBLs | 260 MCF | Aug 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 | 323 BBLs | 3,809 MCF | Aug 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 | 543 BBLs | 8,346 MCF | Aug 2025 |
| PTL4 | Burke County, ND | 1,619 BBLs | 32,416 MCF | Aug 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.