Oil & Gas Property in Burke County, ND
Key data points for Busch Trust
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Nov 2015 - May 2025 |
| Total Oil Production | 327,357 BBLs |
| Total Gas Production | 1,500,070 MCF |
| Recent Oil Production | 539 BBLs in May 2025 |
| Recent Gas Production | 2,781 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Busch Trust
ShaleAssessment™
$20,359 *
MarketMultiple™
$72,054 **
* 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 9 properties to the Busch Trust property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bratland 3-1H | Burke County, ND | 289 BBLs | 9,818 MCF | May 2025 |
| Busch | Burke County, ND | 507 BBLs | 2,771 MCF | May 2025 |
| Johnston 1 | Burke County, ND | 470 BBLs | 5,501 MCF | May 2025 |
| Kestrel State 36-25 1H | Burke County, ND | 841 BBLs | 5,671 MCF | May 2025 |
| PTL2 | Burke County, ND | 1,314 BBLs | 19,414 MCF | May 2025 |
| PTL4 | Burke County, ND | 916 BBLs | 17,721 MCF | May 2025 |
| Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
| Swenson | Burke County, ND | 8 BBLs | 0 MCF | May 2025 |
| Undhjem 1 | Burke County, ND | 187 BBLs | 920 MCF | May 2025 |
These are the closest 8 companies operating near the Busch Trust property.
| Company Name |
|---|
| Ballantyne Oil |
| D90 Energy, LLC |
| Earl Schwartz Co. |
| Formentera Operations LLC |
| McOr Oil & Gas Corp |
| Petro Harvester Operating Company, LLC |
| Taqa USA, Inc. |
| Windridge Operating LLC |