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 2026 |
| Total Oil Production | 80,506 BBLs |
| Total Gas Production | 206,384 MCF |
| Recent Oil Production | 509 BBLs in Feb 2026 |
| Recent Gas Production | 1,441 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$22,779 *
MarketMultiple™
$60,979 **
* 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 | 17 BBLs | 11 MCF | Feb 2026 |
| East Flaxton-Madison Unit | Burke County, ND | 301 BBLs | 0 MCF | Feb 2026 |
| FLX4 | Burke County, ND | 1,137 BBLs | 3,911 MCF | Feb 2026 |
| Fortification | Burke County, ND | 202 BBLs | 111 MCF | Feb 2026 |
| Freed | Burke County, ND | 82 BBLs | 0 MCF | Feb 2026 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Jensen | Burke County, ND | 164 BBLs | 0 MCF | Feb 2026 |
| Leon Unit 1 | Burke County, ND | 396 BBLs | 0 MCF | Feb 2026 |
| Ormiston | Burke County, ND | 548 BBLs | 1,750 MCF | Feb 2026 |
| Paradox | Burke County, ND | 328 BBLs | 0 MCF | Feb 2026 |
| Poudre 44-18H | Burke County, ND | 321 BBLs | 0 MCF | Feb 2026 |
| Tafelmeyer | Burke County, ND | 42 BBLs | 85 MCF | Feb 2026 |
| Wob1 | Burke County, ND | 399 BBLs | 4,859 MCF | Feb 2026 |
These are the closest 11 companies operating near the STR1 property.