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 - May 2025
Total Oil Production426,846 BBLs
Total Gas Production3,295,150 MCF
Recent Oil Production1,314 BBLs in May 2025
Recent Gas Production19,414 MCF in May 2025
Wells on Property5

Our Valuation Estimates for PTL2

ShaleAssessment™

Not Available

MarketMultiple™

$255,911 **

* 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 May 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 14 properties to the PTL2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bly 3Burke County, ND106 BBLs537 MCFMay 2025
Bratland 3-1HBurke County, ND289 BBLs9,818 MCFMay 2025
BuntingBurke County, ND0 BBLs0 MCFNov 2020
BuschBurke County, ND507 BBLs2,771 MCFMay 2025
Busch TrustBurke County, ND539 BBLs2,781 MCFMay 2025
Carrie BratsbergBurke County, ND236 BBLs570 MCFMay 2025
Johnston 1Burke County, ND470 BBLs5,501 MCFMay 2025
Kestrel State 36-25 1HBurke County, ND841 BBLs5,671 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
SwensonBurke County, ND8 BBLs0 MCFMay 2025
Undhjem 1Burke County, ND187 BBLs920 MCFMay 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