Oil & Gas Property in McKenzie County, ND
Key data points for Martell 3
| County | McKenzie County, ND |
|---|---|
| Operator | WHITING OIL AND GAS CORPORATION |
| Production Dates | May 2011 - Feb 2024 |
| Total Oil Production | 885,793 BBLs |
| Total Gas Production | 1,226,196 MCF |
| Recent Oil Production | 1,643 BBLs in Feb 2024 |
| Recent Gas Production | 3,660 MCF in Feb 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for Martell 3
ShaleAssessment™
$46,495 *
MarketMultiple™
$705,259 **
* 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 Martell 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albert B. 27-34 | McKenzie County, ND | 761 BBLs | 1,313 MCF | Feb 2024 |
| Carter 1-9H | McKenzie County, ND | 1,093 BBLs | 414 MCF | Feb 2024 |
| CDK 1 | McKenzie County, ND | 1,326 BBLs | 1,718 MCF | Feb 2024 |
| Cheryl 14-23 1H | McKenzie County, ND | 960 BBLs | 1,452 MCF | Feb 2024 |
| Daron William 28-33H | McKenzie County, ND | 509 BBLs | 377 MCF | Feb 2024 |
| Evans 1-10H | McKenzie County, ND | 1,370 BBLs | 193 MCF | Feb 2024 |
| Hodges 1-1H | McKenzie County, ND | 420 BBLs | 11 MCF | Feb 2024 |
| Irwin | McKenzie County, ND | 2,572 BBLs | 7,646 MCF | Feb 2024 |
| Klose | McKenzie County, ND | 1,351 BBLs | 417 MCF | Feb 2024 |
| Klose Federal 2 | McKenzie County, ND | 1,571 BBLs | 900 MCF | Feb 2024 |
| Lyle 21-16 #1-H | McKenzie County, ND | 607 BBLs | 795 MCF | Feb 2024 |
| Nettles 1-4H | McKenzie County, ND | 432 BBLs | 45 MCF | Feb 2024 |
| Safely Federal 32-7 | McKenzie County, ND | 18,829 BBLs | 15,535 MCF | Feb 2024 |
| Safely Trust 28-33 #1-H | McKenzie County, ND | 619 BBLs | 976 MCF | Feb 2024 |
| Safely USA Federal 5-8H | McKenzie County, ND | 748 BBLs | 566 MCF | Feb 2024 |
| Snowshoe Federal 3 | McKenzie County, ND | 29,200 BBLs | 40,068 MCF | Feb 2024 |
| State Wolf Federal 16-21H | McKenzie County, ND | 1,100 BBLs | 1,734 MCF | Feb 2024 |
| Tattu 19-1H | McKenzie County, ND | 780 BBLs | 1,427 MCF | Feb 2024 |
| Tjelde | McKenzie County, ND | 693 BBLs | 877 MCF | Feb 2024 |
| Wolf Federal 9-4H | McKenzie County, ND | 836 BBLs | 609 MCF | Feb 2024 |
These are the closest 20 companies operating near the Martell 3 property.