Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Nov 2025 |
| Total Oil Production | 78,856 BBLs |
| Total Gas Production | 201,928 MCF |
| Recent Oil Production | 653 BBLs in Nov 2025 |
| Recent Gas Production | 1,454 MCF in Nov 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$23,777 *
MarketMultiple™
$53,490 **
* 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 13 properties to the STR1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aage Christiansen | Burke County, ND | 22 BBLs | 16 MCF | Nov 2025 |
| East Flaxton-Madison Unit | Burke County, ND | 346 BBLs | 0 MCF | Nov 2025 |
| FLX4 | Burke County, ND | 1,023 BBLs | 3,605 MCF | Nov 2025 |
| Fortification | Burke County, ND | 246 BBLs | 119 MCF | Nov 2025 |
| Freed | Burke County, ND | 90 BBLs | 0 MCF | Nov 2025 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Iverson 44-5H | Burke County, ND | 444 BBLs | 0 MCF | Nov 2025 |
| Jensen | Burke County, ND | 169 BBLs | 90 MCF | Nov 2025 |
| Leon Unit 1 | Burke County, ND | 461 BBLs | 0 MCF | Nov 2025 |
| Ormiston | Burke County, ND | 629 BBLs | 2,477 MCF | Nov 2025 |
| Paradox | Burke County, ND | 494 BBLs | 0 MCF | Nov 2025 |
| Tafelmeyer | Burke County, ND | 121 BBLs | 367 MCF | Nov 2025 |
| Wob1 | Burke County, ND | 486 BBLs | 5,444 MCF | Nov 2025 |
These are the closest 10 companies operating near the STR1 property.