Oil & Gas Property in Mountrail County, ND
Key data points for State
| County | Mountrail County, ND |
|---|---|
| Operator | FOUNDATION ENERGY MANAGEMENT, LLC |
| Production Dates | Jun 1989 - Aug 2025 |
| Total Oil Production | 957,299 BBLs |
| Total Gas Production | 488,774 MCF |
| Recent Oil Production | 291 BBLs in Aug 2025 |
| Recent Gas Production | 0 MCF in Aug 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for State
ShaleAssessment™
$22,257 *
MarketMultiple™
$38,555 **
* 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 9 properties to the State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Erickson | Mountrail County, ND | 0 BBLs | 0 MCF | May 2008 |
| Johnson | Mountrail County, ND | 0 BBLs | 0 MCF | Jun 2025 |
| Lester | Mountrail County, ND | 284 BBLs | 0 MCF | Aug 2025 |
| Lien | Mountrail County, ND | 0 BBLs | 0 MCF | Apr 2010 |
| Lynne | Mountrail County, ND | 0 BBLs | 0 MCF | Jan 2025 |
| Spletstoser | Mountrail County, ND | 0 BBLs | 0 MCF | May 2004 |
| Tvedt | Mountrail County, ND | 93 BBLs | 0 MCF | Aug 2025 |
| Van Eeckhout | Mountrail County, ND | 0 BBLs | 0 MCF | Dec 2015 |
| Wurtz | Mountrail County, ND | 0 BBLs | 0 MCF | Sep 2000 |
These are the closest 6 companies operating near the State property.
| Company Name |
|---|
| Bow Petroleum, Inc. Of Colorado |
| Foundation Energy Management, LLC |
| Home Petroleum Corp |
| Presidio Exploration, Inc. |
| Turtle Mountain Gas & Oil, Inc. |
| Whiting Oil And Gas Corporation |