Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - May 2026 |
| Total Oil Production | 81,750 BBLs |
| Total Gas Production | 209,182 MCF |
| Recent Oil Production | 576 BBLs in May 2026 |
| Recent Gas Production | 1,069 MCF in May 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$21,698 *
MarketMultiple™
$63,541 **
* 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 | 37 BBLs | 32 MCF | May 2026 |
| East Flaxton-Madison Unit | Burke County, ND | 461 BBLs | 0 MCF | May 2026 |
| FLX4 | Burke County, ND | 1,727 BBLs | 4,809 MCF | May 2026 |
| Fortification | Burke County, ND | 197 BBLs | 123 MCF | May 2026 |
| Freed | Burke County, ND | 82 BBLs | 0 MCF | May 2026 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Jensen | Burke County, ND | 152 BBLs | 93 MCF | May 2026 |
| Leon Unit 1 | Burke County, ND | 402 BBLs | 168 MCF | May 2026 |
| Ormiston | Burke County, ND | 472 BBLs | 2,455 MCF | May 2026 |
| Paradox | Burke County, ND | 637 BBLs | 3,157 MCF | May 2026 |
| Poudre 44-18H | Burke County, ND | 316 BBLs | 1,488 MCF | May 2026 |
| Tafelmeyer | Burke County, ND | 0 BBLs | 50 MCF | May 2026 |
| Wob1 | Burke County, ND | 399 BBLs | 5,170 MCF | May 2026 |
These are the closest 11 companies operating near the STR1 property.