Oil & Gas Property in Divide County, ND
Key data points for Gjovig 0508-5MBH
| County | Divide County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Apr 2013 - Oct 2025 |
| Total Oil Production | 104,935 BBLs |
| Total Gas Production | 285,844 MCF |
| Recent Oil Production | 242 BBLs in Oct 2025 |
| Recent Gas Production | 1,304 MCF in Oct 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Gjovig 0508-5MBH
ShaleAssessment™
$12,623 *
MarketMultiple™
$43,611 **
* 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 20 properties to the Gjovig 0508-5MBH property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aldag | Divide County, ND | 2,151 BBLs | 6,546 MCF | Oct 2025 |
| Baja 1522 | Divide County, ND | 512 BBLs | 1,088 MCF | Oct 2025 |
| Bakke 3229 | Divide County, ND | 651 BBLs | 2,948 MCF | Oct 2025 |
| Bel Air 14-23-163-99H | Divide County, ND | 266 BBLs | 1,216 MCF | Oct 2025 |
| Border Farms 3130 | Divide County, ND | 800 BBLs | 3,134 MCF | Oct 2025 |
| Donna Buddy 15B-20HN | Divide County, ND | 515 BBLs | 0 MCF | Oct 2025 |
| Enerson 4-29H | Divide County, ND | 369 BBLs | 0 MCF | Oct 2025 |
| Gracious God 15B-20HS | Divide County, ND | 1,561 BBLs | 0 MCF | Oct 2025 |
| Gulbranson | Divide County, ND | 1,957 BBLs | 0 MCF | Oct 2025 |
| Hank Katie 15-20HN | Divide County, ND | 376 BBLs | 0 MCF | Oct 2025 |
| Hauge 13-21H | Divide County, ND | 359 BBLs | 0 MCF | Oct 2025 |
| Le Mans 11-2-163-99H | Divide County, ND | 411 BBLs | 1,045 MCF | Oct 2025 |
| Milt Sandra 15-20HS | Divide County, ND | 566 BBLs | 0 MCF | Oct 2025 |
| Nomad | Divide County, ND | 1,420 BBLs | 3,574 MCF | Oct 2025 |
| Pacer 3427 | Divide County, ND | 269 BBLs | 535 MCF | Oct 2025 |
| Prochnick 1 | Divide County, ND | 1,139 BBLs | 0 MCF | Oct 2025 |
| Radenic 14-20H | Divide County, ND | 523 BBLs | 0 MCF | Oct 2025 |
| Steen 16-20HN | Divide County, ND | 983 BBLs | 0 MCF | Oct 2025 |
| Thomte 0508 | Divide County, ND | 1,442 BBLs | 3,924 MCF | Oct 2025 |
| William 4B-28HN | Divide County, ND | 710 BBLs | 0 MCF | Oct 2025 |
These are the closest 11 companies operating near the Gjovig 0508-5MBH property.