Oil & Gas Property in Burke County, ND
Key data points for PTL1
County | Burke County, ND |
---|---|
Operator | FORMENTERA OPERATIONS LLC |
Production Dates | Mar 2017 - Feb 2024 |
Total Oil Production | 178,763 BBLs |
Total Gas Production | 1,247,794 MCF |
Recent Oil Production | 883 BBLs in Feb 2024 |
Recent Gas Production | 9,470 MCF in Feb 2024 |
Wells on Property | 3 |
Our Valuation Estimates for PTL1
ShaleAssessment™
$81,782 *
MarketMultiple™
$124,781 **
* 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 20 properties to the PTL1 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Abel USA | Burke County, ND | 0 BBLs | 0 MCF | Apr 2012 |
Bly 3 | Burke County, ND | 227 BBLs | 608 MCF | Feb 2024 |
Bratland 3-1H | Burke County, ND | 291 BBLs | 8,812 MCF | Feb 2024 |
Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
Carpentier 3-34-27H | Burke County, ND | 470 BBLs | 502 MCF | Feb 2024 |
Carrie Bratsberg | Burke County, ND | 367 BBLs | 507 MCF | Feb 2024 |
Cuplin 6-3-10H | Burke County, ND | 314 BBLs | 373 MCF | Feb 2024 |
Delores USA | Burke County, ND | 0 BBLs | 0 MCF | Dec 2019 |
FLX1 22-15 163-91 | Burke County, ND | 337 BBLs | 6,418 MCF | Feb 2024 |
FLX3 | Burke County, ND | 1,028 BBLs | 25,455 MCF | Feb 2024 |
Goodman | Burke County, ND | 298 BBLs | 174 MCF | Feb 2024 |
Gudmunn Sjue | Burke County, ND | 0 BBLs | 0 MCF | Apr 1993 |
M. Sorum | Burke County, ND | 0 BBLs | 0 MCF | Jan 1970 |
Marvin Sorum | Burke County, ND | 0 BBLs | 0 MCF | Sep 1988 |
McCarthy 34 | Burke County, ND | 393 BBLs | 563 MCF | Feb 2024 |
Olney 2-25H | Burke County, ND | 294 BBLs | 1,384 MCF | Feb 2024 |
Probst | Burke County, ND | 0 BBLs | 0 MCF | May 2017 |
PTL4 | Burke County, ND | 1,175 BBLs | 27,620 MCF | Feb 2024 |
Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
Rmu 1 | Burke County, ND | 0 BBLs | 0 MCF | Jan 2024 |
These are the closest 13 companies operating near the PTL1 property.