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 - Jul 2025
Total Oil Production182,164 BBLs
Total Gas Production1,736,957 MCF
Recent Oil Production490 BBLs in Jul 2025
Recent Gas Production3,954 MCF in Jul 2025
Wells on Property2

Our Valuation Estimates for Johnston 1

ShaleAssessment™

$33,558 *

MarketMultiple™

$72,947 **

* 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 Jul 2025

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, ND974 BBLs5,146 MCFJul 2025
Busch TrustBurke County, ND522 BBLs2,258 MCFJul 2025
Kestrel State 36-25 1HBurke County, ND731 BBLs7,979 MCFJul 2025
PTL2Burke County, ND1,275 BBLs18,418 MCFJul 2025
SwensonBurke County, ND0 BBLs0 MCFMay 2025
Undhjem 1Burke County, ND198 BBLs1,464 MCFJul 2025

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