Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Feb 2024 |
| Total Oil Production | 69,337 BBLs |
| Total Gas Production | 178,588 MCF |
| Recent Oil Production | 539 BBLs in Feb 2024 |
| Recent Gas Production | 1,050 MCF in Feb 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$31,689 *
MarketMultiple™
$20,757 **
* 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 16 properties to the STR1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aage Christiansen | Burke County, ND | 31 BBLs | 28 MCF | Feb 2024 |
| East Flaxton-Madison Unit | Burke County, ND | 357 BBLs | 84 MCF | Feb 2024 |
| FLX4 | Burke County, ND | 1,641 BBLs | 4,614 MCF | Feb 2024 |
| Fortification | Burke County, ND | 203 BBLs | 115 MCF | Feb 2024 |
| Freed | Burke County, ND | 119 BBLs | 332 MCF | Feb 2024 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Ingerson | Burke County, ND | 346 BBLs | 822 MCF | Feb 2024 |
| Jensen | Burke County, ND | 189 BBLs | 84 MCF | Feb 2024 |
| Leon Unit 1 | Burke County, ND | 488 BBLs | 3,639 MCF | Feb 2024 |
| Olney 2-25H | Burke County, ND | 294 BBLs | 1,384 MCF | Feb 2024 |
| Ormiston | Burke County, ND | 758 BBLs | 1,796 MCF | Feb 2024 |
| Paradox | Burke County, ND | 357 BBLs | 1,780 MCF | Feb 2024 |
| Paradox 11-30H | Burke County, ND | 294 BBLs | 1,228 MCF | Feb 2024 |
| Poudre 44-18H | Burke County, ND | 342 BBLs | 2,463 MCF | Feb 2024 |
| Tafelmeyer | Burke County, ND | 330 BBLs | 1,324 MCF | Feb 2024 |
| Wob1 | Burke County, ND | 1,082 BBLs | 15,275 MCF | Feb 2024 |
These are the closest 10 companies operating near the STR1 property.