PTL1

Oil & Gas Property in Burke County, ND

  2. North Dakota
  3. Burke County, ND
  4. Oil & Gas Properties in Burke County, ND
  5. PTL1 Oil & Gas Property

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Property Summary

Key data points for PTL1

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesMar 2017 - May 2025
Total Oil Production189,227 BBLs
Total Gas Production1,381,469 MCF
Recent Oil Production611 BBLs in May 2025
Recent Gas Production8,834 MCF in May 2025
Wells on Property3

Our Valuation Estimates for PTL1

ShaleAssessment™

$68,633 *

MarketMultiple™

$116,639 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

PTL1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for PTL1
from Mar 2017 to May 2025

Wells on PTL1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-013-01829PTL1 32-29 164-91 BFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.980208-102.517504
33-013-01830PTL1 05-08 163-91 BFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.980208-102.517421
33-013-90374PTL1 SWD 1FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.980619-102.517547

Nearby Properties

These are the closest 20 properties to the PTL1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A. Skalicky - B. WahlundBurke County, ND340 BBLs0 MCFMay 2025
Abel USABurke County, ND0 BBLs0 MCFApr 2012
Bly 3Burke County, ND106 BBLs537 MCFMay 2025
Bratland 3-1HBurke County, ND289 BBLs9,818 MCFMay 2025
BuntingBurke County, ND0 BBLs0 MCFNov 2020
Carpentier 3-34-27HBurke County, ND397 BBLs261 MCFMay 2025
Carrie BratsbergBurke County, ND236 BBLs570 MCFMay 2025
Cuplin 6-3-10HBurke County, ND308 BBLs435 MCFMay 2025
Delores USABurke County, ND0 BBLs0 MCFDec 2019
FLX3Burke County, ND0 BBLs0 MCFMar 2025
GoodmanBurke County, ND224 BBLs210 MCFMay 2025
Gudmunn SjueBurke County, ND0 BBLs0 MCFApr 1993
Lignite-Madison UnitBurke County, ND0 BBLs0 MCFOct 2013
M. SorumBurke County, ND0 BBLs0 MCFJan 1970
Marvin SorumBurke County, ND0 BBLs0 MCFSep 1988
Olney 2-25HBurke County, ND265 BBLs1,283 MCFMay 2025
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND916 BBLs17,721 MCFMay 2025
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024

Companies in the Area

These are the closest 14 companies operating near the PTL1 property.

Company Name
Challenger Point Energy, LLC
Chandler & Associates, Inc.
Cornerstone Natural Resources LLC
D90 Energy, LLC
Dakota Crude, Inc.
Eagle Operating Inc
Earl Schwartz Co.
Elk Oil Company
Formentera Operations LLC
Marshall & Winston, Inc.
McOr Oil & Gas Corp
Phoenix Petroleum, LLC
Taqa USA, Inc.
Windridge Operating LLC

Frac'ing activity on PTL1

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-013-01829PTL1 32-29-164-91B
33-013-01830PTL1 05-08 163-91B