Johnston 1

Oil & Gas Property in Burke County, ND

  2. North Dakota
  3. Burke County, ND
  4. Oil & Gas Properties in Burke County, ND
  5. Johnston 1 Oil & Gas Property

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Property Summary

Key data points for Johnston 1

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesJul 2010 - Feb 2026
Total Oil Production185,145 BBLs
Total Gas Production1,770,727 MCF
Recent Oil Production442 BBLs in Feb 2026
Recent Gas Production5,819 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Johnston 1

ShaleAssessment™

$30,687 *

MarketMultiple™

$68,371 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Johnston 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Johnston 1
from Jul 2010 to Feb 2026

Wells on Johnston 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-013-01499JOHNSTON 1-22FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.935916-102.723284
33-013-01632JOHNSTON 14-1FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.938537-102.719908

Nearby Properties

These are the closest 6 properties to the Johnston 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BuschBurke County, ND839 BBLs4,698 MCFFeb 2026
Busch TrustBurke County, ND553 BBLs2,343 MCFFeb 2026
Kestrel State 36-25 1HBurke County, ND526 BBLs4,301 MCFFeb 2026
PTL2Burke County, ND1,041 BBLs12,817 MCFFeb 2026
SwensonBurke County, ND10 BBLs0 MCFFeb 2026
Undhjem 1Burke County, ND162 BBLs1,241 MCFFeb 2026

Companies in the Area

These are the closest 5 companies operating near the Johnston 1 property.

Company Name
Ballantyne Oil
Earl Schwartz Co.
Formentera Operations LLC
Petro Harvester Operating Company, LLC
Windridge Operating LLC