Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Oct 2025 |
| Total Oil Production | 78,203 BBLs |
| Total Gas Production | 200,474 MCF |
| Recent Oil Production | 593 BBLs in Oct 2025 |
| Recent Gas Production | 1,505 MCF in Oct 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$24,095 *
MarketMultiple™
$50,197 **
* 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 | 9 BBLs | 27 MCF | Oct 2025 |
| East Flaxton-Madison Unit | Burke County, ND | 411 BBLs | 0 MCF | Oct 2025 |
| FLX4 | Burke County, ND | 1,015 BBLs | 3,556 MCF | Oct 2025 |
| Fortification | Burke County, ND | 265 BBLs | 123 MCF | Oct 2025 |
| Freed | Burke County, ND | 84 BBLs | 0 MCF | Oct 2025 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Iverson 44-5H | Burke County, ND | 472 BBLs | 0 MCF | Oct 2025 |
| Jensen | Burke County, ND | 172 BBLs | 87 MCF | Oct 2025 |
| Leon Unit 1 | Burke County, ND | 489 BBLs | 0 MCF | Oct 2025 |
| Ormiston | Burke County, ND | 616 BBLs | 2,639 MCF | Oct 2025 |
| Paradox | Burke County, ND | 498 BBLs | 0 MCF | Oct 2025 |
| Tafelmeyer | Burke County, ND | 289 BBLs | 775 MCF | Oct 2025 |
| Wob1 | Burke County, ND | 511 BBLs | 5,831 MCF | Oct 2025 |
These are the closest 10 companies operating near the STR1 property.