Oil & Gas Property in Burke County, ND
Key data points for Lar1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Dec 2024 - May 2026 |
| Total Oil Production | 352,337 BBLs |
| Total Gas Production | 512,892 MCF |
| Recent Oil Production | 10,866 BBLs in May 2026 |
| Recent Gas Production | 21,525 MCF in May 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for Lar1
ShaleAssessment™
Not Available
MarketMultiple™
$1,779,308 **
* 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 12 properties to the Lar1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Av-Hansen-163-94- 1918H-1 | Burke County, ND | 505 BBLs | 31 MCF | May 2026 |
| Av-Iverson-162-94- 2314H-1 | Burke County, ND | 278 BBLs | 2,676 MCF | May 2026 |
| Bildt 1-25H1 | Burke County, ND | 469 BBLs | 808 MCF | May 2026 |
| Cecelia 1-27H1 | Burke County, ND | 401 BBLs | 907 MCF | May 2026 |
| Ellison 1-21 | Burke County, ND | 377 BBLs | 345 MCF | May 2026 |
| Knutson 1-15H | Burke County, ND | 304 BBLs | 691 MCF | May 2026 |
| Lannister 1-23H1 | Burke County, ND | 486 BBLs | 858 MCF | May 2026 |
| LFM2 1 | Burke County, ND | 20,212 BBLs | 25,051 MCF | May 2026 |
| Oneil 1-28H1 | Burke County, ND | 280 BBLs | 662 MCF | May 2026 |
| Priebe | Burke County, ND | 349 BBLs | 932 MCF | May 2026 |
| Steve 1-34H | Burke County, ND | 749 BBLs | 1,906 MCF | May 2026 |
| Winkler 1-3H | Burke County, ND | 361 BBLs | 753 MCF | May 2026 |
These are the closest 3 companies operating near the Lar1 property.
| Company Name |
|---|
| Continental Resources, Inc. |
| Formentera Operations LLC |
| Silver Hill Energy Operating, LLC |