Oil & Gas Property in Burke County, ND
Key data points for PTL4
County | Burke County, ND |
---|---|
Operator | FORMENTERA OPERATIONS LLC |
Production Dates | Nov 2019 - May 2025 |
Total Oil Production | 294,271 BBLs |
Total Gas Production | 3,768,728 MCF |
Recent Oil Production | 916 BBLs in May 2025 |
Recent Gas Production | 17,721 MCF in May 2025 |
Wells on Property | 4 |
Our Valuation Estimates for PTL4
ShaleAssessment™
Not Available
MarketMultiple™
$258,353 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 14 properties to the PTL4 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
A. Skalicky - B. Wahlund | Burke County, ND | 340 BBLs | 0 MCF | May 2025 |
Bly 3 | Burke County, ND | 106 BBLs | 537 MCF | May 2025 |
Bratland 3-1H | Burke County, ND | 289 BBLs | 9,818 MCF | May 2025 |
Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
Busch | Burke County, ND | 507 BBLs | 2,771 MCF | May 2025 |
Busch Trust | Burke County, ND | 539 BBLs | 2,781 MCF | May 2025 |
Carrie Bratsberg | Burke County, ND | 236 BBLs | 570 MCF | May 2025 |
Kestrel State 36-25 1H | Burke County, ND | 841 BBLs | 5,671 MCF | May 2025 |
Lignite-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | Oct 2013 |
Probst | Burke County, ND | 0 BBLs | 0 MCF | Jun 2017 |
PTL1 | Burke County, ND | 611 BBLs | 8,834 MCF | May 2025 |
PTL2 | Burke County, ND | 1,314 BBLs | 19,414 MCF | May 2025 |
Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
Rmu 1 | Burke County, ND | 0 BBLs | 0 MCF | Mar 2024 |
These are the closest 9 companies operating near the PTL4 property.
Company Name |
---|
D90 Energy, LLC |
Dakota Crude, Inc. |
Eagle Operating Inc |
Earl Schwartz Co. |
Formentera Operations LLC |
McOr Oil & Gas Corp |
Phoenix Petroleum, LLC |
Taqa USA, Inc. |
Windridge Operating LLC |