Oil & Gas Property in Burke County, ND
Key data points for PTL4
County | Burke County, ND |
---|---|
Operator | FORMENTERA OPERATIONS LLC |
Production Dates | Nov 2019 - Feb 2024 |
Total Oil Production | 276,599 BBLs |
Total Gas Production | 3,374,954 MCF |
Recent Oil Production | 1,175 BBLs in Feb 2024 |
Recent Gas Production | 27,620 MCF in Feb 2024 |
Wells on Property | 4 |
Our Valuation Estimates for PTL4
ShaleAssessment™
Not Available
MarketMultiple™
$332,999 **
* 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 |
---|---|---|---|---|
Bly 3 | Burke County, ND | 227 BBLs | 608 MCF | Feb 2024 |
Bratland 3-1H | Burke County, ND | 291 BBLs | 8,812 MCF | Feb 2024 |
Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
Busch | Burke County, ND | 990 BBLs | 4,436 MCF | Feb 2024 |
Busch Trust | Burke County, ND | 538 BBLs | 2,286 MCF | Feb 2024 |
Carrie Bratsberg | Burke County, ND | 367 BBLs | 507 MCF | Feb 2024 |
Jacob Dewing 1 | Burke County, ND | 354 BBLs | 0 MCF | Feb 2024 |
Kestrel State 36-25 1H | Burke County, ND | 460 BBLs | 2,926 MCF | Feb 2024 |
Lignite-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | Oct 2013 |
Probst | Burke County, ND | 0 BBLs | 0 MCF | May 2017 |
PTL1 | Burke County, ND | 883 BBLs | 9,470 MCF | Feb 2024 |
PTL2 | Burke County, ND | 2,035 BBLs | 25,738 MCF | Feb 2024 |
Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
Rmu 1 | Burke County, ND | 0 BBLs | 0 MCF | Jan 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 |