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 - Feb 2024
Total Oil Production404,419 BBLs
Total Gas Production2,991,528 MCF
Recent Oil Production2,035 BBLs in Feb 2024
Recent Gas Production25,738 MCF in Feb 2024
Wells on Property5

Our Valuation Estimates for PTL2

ShaleAssessment™

Not Available

MarketMultiple™

$483,287 **

* 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 Feb 2024

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, LLCInactiveBurke County, ND48.973927-102.624352
33-013-01870PTL2 04-28 164-92 AFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.973861-102.624452
33-013-90386PTL2 SWD 1FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.974304-102.623852

Nearby Properties

These are the closest 16 properties to the PTL2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bly 3Burke County, ND227 BBLs608 MCFFeb 2024
Bratland 3-1HBurke County, ND291 BBLs8,812 MCFFeb 2024
BuntingBurke County, ND0 BBLs0 MCFNov 2020
BuschBurke County, ND990 BBLs4,436 MCFFeb 2024
Busch TrustBurke County, ND538 BBLs2,286 MCFFeb 2024
Carrie BratsbergBurke County, ND367 BBLs507 MCFFeb 2024
Jacob Dewing 1Burke County, ND354 BBLs0 MCFFeb 2024
Johnston 1Burke County, ND554 BBLs2,046 MCFFeb 2024
Kestrel State 36-25 1HBurke County, ND460 BBLs2,926 MCFFeb 2024
ProbstBurke County, ND0 BBLs0 MCFMay 2017
PTL4Burke County, ND1,175 BBLs27,620 MCFFeb 2024
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFJan 2024
Sandpiper State 35-26Burke County, ND315 BBLs1,962 MCFFeb 2024
SwensonBurke County, ND0 BBLs0 MCFNov 2023
Undhjem 1Burke County, ND263 BBLs1,345 MCFFeb 2024

Companies in the Area

These are the closest 11 companies operating near the PTL2 property.

Company Name
Ballantyne Oil
D90 Energy, LLC
Dakota Crude, Inc.
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