Oil & Gas Property in Burke County, ND
Key data points for Lar1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Dec 2024 - Nov 2025 |
| Total Oil Production | 285,500 BBLs |
| Total Gas Production | 368,500 MCF |
| Recent Oil Production | 13,677 BBLs in Nov 2025 |
| Recent Gas Production | 23,998 MCF in Nov 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Lar1
ShaleAssessment™
Not Available
MarketMultiple™
$3,678,428 **
* 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 16 properties to the Lar1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Av-Hansen-163-94- 1918H-1 | Burke County, ND | 426 BBLs | 89 MCF | Nov 2025 |
| Av-Iverson-162-94- 2314H-1 | Burke County, ND | 298 BBLs | 1,918 MCF | Nov 2025 |
| Bildt 1-25H1 | Burke County, ND | 464 BBLs | 824 MCF | Nov 2025 |
| Burau 4-22 H | Burke County, ND | 307 BBLs | 641 MCF | Nov 2025 |
| Cecelia 1-27H1 | Burke County, ND | 437 BBLs | 929 MCF | Nov 2025 |
| Ellison 1-21 | Burke County, ND | 600 BBLs | 1,101 MCF | Nov 2025 |
| Knutson 1-15H | Burke County, ND | 299 BBLs | 720 MCF | Nov 2025 |
| Lannister 1-23H1 | Burke County, ND | 508 BBLs | 808 MCF | Nov 2025 |
| LFM2 1 | Burke County, ND | 29,936 BBLs | 24,697 MCF | Nov 2025 |
| Oneil 1-28H1 | Burke County, ND | 397 BBLs | 859 MCF | Nov 2025 |
| Priebe | Burke County, ND | 539 BBLs | 787 MCF | Nov 2025 |
| Running 1-4H | Burke County, ND | 366 BBLs | 982 MCF | Nov 2025 |
| Running 24X-20 | Burke County, ND | 317 BBLs | 32 MCF | Nov 2025 |
| Steve 1-34H | Burke County, ND | 778 BBLs | 2,005 MCF | Nov 2025 |
| Vibe 1-26H1 | Burke County, ND | 284 BBLs | 721 MCF | Nov 2025 |
| Winkler 1-3H | Burke County, ND | 245 BBLs | 796 MCF | Nov 2025 |
These are the closest 4 companies operating near the Lar1 property.
| Company Name |
|---|
| Continental Resources, Inc. |
| Formentera Operations LLC |
| Oasis Petroleum North America LLC |
| Silver Hill Energy Operating, LLC |