Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Aug 2025 |
| Total Oil Production | 77,144 BBLs |
| Total Gas Production | 197,537 MCF |
| Recent Oil Production | 279 BBLs in Aug 2025 |
| Recent Gas Production | 784 MCF in Aug 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$24,710 *
MarketMultiple™
$62,675 **
* 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 15 properties to the STR1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aage Christiansen | Burke County, ND | 52 BBLs | 31 MCF | Aug 2025 |
| East Flaxton-Madison Unit | Burke County, ND | 426 BBLs | 0 MCF | Aug 2025 |
| FLX4 | Burke County, ND | 1,086 BBLs | 3,350 MCF | Aug 2025 |
| Fortification | Burke County, ND | 152 BBLs | 107 MCF | Aug 2025 |
| Freed | Burke County, ND | 78 BBLs | 0 MCF | Aug 2025 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Ingerson | Burke County, ND | 319 BBLs | 571 MCF | Aug 2025 |
| Jensen | Burke County, ND | 253 BBLs | 84 MCF | Aug 2025 |
| Leon Unit 1 | Burke County, ND | 473 BBLs | 3,883 MCF | Aug 2025 |
| Ormiston | Burke County, ND | 518 BBLs | 2,224 MCF | Aug 2025 |
| Paradox | Burke County, ND | 516 BBLs | 3,984 MCF | Aug 2025 |
| Poudre 44-18H | Burke County, ND | 316 BBLs | 2,106 MCF | Aug 2025 |
| Schwartz 4-11H | Burke County, ND | 207 BBLs | 3,194 MCF | Aug 2025 |
| Tafelmeyer | Burke County, ND | 383 BBLs | 1,074 MCF | Aug 2025 |
| Wob1 | Burke County, ND | 659 BBLs | 4,153 MCF | Aug 2025 |
These are the closest 10 companies operating near the STR1 property.