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 - Dec 2025
Total Oil Production192,955 BBLs
Total Gas Production1,436,870 MCF
Recent Oil Production634 BBLs in Dec 2025
Recent Gas Production8,604 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for PTL1

ShaleAssessment™

$63,078 *

MarketMultiple™

$94,146 **

* 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 Dec 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
Abel USABurke County, ND0 BBLs0 MCFApr 2012
Bissel-Bank Of North DakotaBurke County, ND35 BBLs2,069 MCFDec 2025
Bly 3Burke County, ND0 BBLs0 MCFNov 2025
Bratland 3-1HBurke County, ND224 BBLs7,480 MCFDec 2025
Carpentier 3-34-27HBurke County, ND417 BBLs253 MCFJan 2026
Carrie BratsbergBurke County, ND513 BBLs675 MCFDec 2025
Cuplin 6-3-10HBurke County, ND270 BBLs242 MCFJan 2026
Delores USABurke County, ND0 BBLs0 MCFDec 2019
EricksonBurke County, ND326 BBLs175 MCFDec 2025
FLX1 22-15 163-91Burke County, ND407 BBLs6,434 MCFDec 2025
FLX3Burke County, ND0 BBLs0 MCFMar 2025
GoodmanBurke County, ND193 BBLs250 MCFDec 2025
Gudmunn SjueBurke County, ND0 BBLs0 MCFApr 1993
M. R. Skalicky 1Burke County, ND174 BBLs1,227 MCFDec 2025
M. SorumBurke County, ND0 BBLs0 MCFJan 1970
Marvin SorumBurke County, ND0 BBLs0 MCFSep 1988
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND1,214 BBLs21,901 MCFDec 2025
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024
Ruppert 1Burke County, ND144 BBLs1,550 MCFDec 2025

Companies in the Area

These are the closest 12 companies operating near the PTL1 property.

Company Name
Chandler & Associates, Inc.
Cornerstone Natural Resources LLC
D90 Energy, LLC
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