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 - Oct 2025 |
| Total Oil Production | 386,512 BBLs |
| Total Gas Production | 1,497,546 MCF |
| Recent Oil Production | 0 BBLs in Oct 2025 |
| Recent Gas Production | 25 MCF in Oct 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Bly 3
ShaleAssessment™
$8,143 *
MarketMultiple™
$10,371 **
* 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 | 164 BBLs | 8,216 MCF | Oct 2025 |
| Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
| Carrie Bratsberg | Burke County, ND | 483 BBLs | 765 MCF | Oct 2025 |
| Delores USA | Burke County, ND | 0 BBLs | 0 MCF | Dec 2019 |
| Erickson | Burke County, ND | 324 BBLs | 265 MCF | Oct 2025 |
| FLX1 22-15 163-91 | Burke County, ND | 440 BBLs | 7,056 MCF | Oct 2025 |
| FLX3 | Burke County, ND | 0 BBLs | 0 MCF | Mar 2025 |
| Goodman | Burke County, ND | 184 BBLs | 310 MCF | Oct 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 | 288 BBLs | 2,544 MCF | Oct 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 | 329 BBLs | 4,953 MCF | Oct 2025 |
| PTL4 | Burke County, ND | 1,732 BBLs | 33,478 MCF | Oct 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.