PTL2

Oil & Gas Property in Burke County, ND

  2. North Dakota
  3. Burke County, ND
  4. Oil & Gas Properties in Burke County, ND
  5. PTL2 Oil & Gas Property

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Property Summary

Key data points for PTL2

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesMar 2019 - Jul 2025
Total Oil Production429,311 BBLs
Total Gas Production3,331,427 MCF
Recent Oil Production1,275 BBLs in Jul 2025
Recent Gas Production18,418 MCF in Jul 2025
Wells on Property5

Our Valuation Estimates for PTL2

ShaleAssessment™

Not Available

MarketMultiple™

$261,818 **

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

Based on a decimal interest

PTL2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for PTL2
from Mar 2019 to Jul 2025

Wells on PTL2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-013-01840PTL2 4-16 163-92 DFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.974116-102.624144
33-013-01841PTL2 4-28 164-92 CFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.973995-102.624248
33-013-01842PTL2 4-28 164-92 BFORMENTERA OPERATIONS, LLCAbandonedBurke County, ND48.973927-102.624352
33-013-01870PTL2 04-28 164-92 AFORMENTERA OPERATIONS, LLCAbandonedBurke County, ND48.973861-102.624452
33-013-90386PTL2 SWD 1FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.974304-102.623852

Nearby Properties

These are the closest 15 properties to the PTL2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ballantyne 6-8Burke County, ND476 BBLs110 MCFJul 2025
Bly 3Burke County, ND84 BBLs461 MCFJul 2025
Bratland 3-1HBurke County, ND193 BBLs8,058 MCFJul 2025
BuntingBurke County, ND0 BBLs0 MCFNov 2020
BuschBurke County, ND974 BBLs5,146 MCFJul 2025
Busch TrustBurke County, ND522 BBLs2,258 MCFJul 2025
Carrie BratsbergBurke County, ND588 BBLs765 MCFJul 2025
Johnston 1Burke County, ND490 BBLs3,954 MCFJul 2025
Kestrel State 36-25 1HBurke County, ND731 BBLs7,979 MCFJul 2025
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND1,045 BBLs21,844 MCFJul 2025
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024
SwensonBurke County, ND0 BBLs0 MCFMay 2025
Undhjem 1Burke County, ND198 BBLs1,464 MCFJul 2025

Companies in the Area

These are the closest 10 companies operating near the PTL2 property.

Company Name
Ballantyne Oil
D90 Energy, LLC
Eagle Operating Inc
Earl Schwartz Co.
Formentera Operations LLC
McOr Oil & Gas Corp
Petro Harvester Operating Company, LLC
Phoenix Petroleum, LLC
Taqa USA, Inc.
Windridge Operating LLC

Frac'ing activity on PTL2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-013-01840PTL2 4-16 163-92 D
33-013-01841PTL2 4-28 164-92 C
33-013-01842PTL2 4-28 164-92 B
33-013-01870PTL2 04-28 164-92 A