Johnston 1

Oil & Gas Property in Burke County, ND

Property Summary

Key data points for Johnston 1

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesJul 2010 - Apr 2026
Total Oil Production185,927 BBLs
Total Gas Production1,781,344 MCF
Recent Oil Production364 BBLs in Apr 2026
Recent Gas Production4,786 MCF in Apr 2026
Wells on Property2

Our Valuation Estimates for Johnston 1

ShaleAssessment

$29,990 *

MarketMultiple

$74,364 **

* 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 Apr 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, ND693 BBLs3,594 MCFApr 2026
Busch TrustBurke County, ND1,026 BBLs5,650 MCFApr 2026
Kestrel State 36-25 1HBurke County, ND546 BBLs4,339 MCFApr 2026
PTL2Burke County, ND779 BBLs8,182 MCFApr 2026
SwensonBurke County, ND2 BBLs0 MCFApr 2026
Undhjem 1Burke County, ND175 BBLs1,271 MCFApr 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