Oil & Gas Property in Burke County, ND
Key data points for Busch Trust
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Nov 2015 - Dec 2024 |
| Total Oil Production | 324,998 BBLs |
| Total Gas Production | 1,489,829 MCF |
| Recent Oil Production | 574 BBLs in Dec 2024 |
| Recent Gas Production | 3,029 MCF in Dec 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Busch Trust
ShaleAssessment™
$21,346 *
MarketMultiple™
$76,183 **
* 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 10 properties to the Busch Trust property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bratland 3-1H | Burke County, ND | 228 BBLs | 8,490 MCF | Dec 2024 |
| Busch | Burke County, ND | 976 BBLs | 5,270 MCF | Dec 2024 |
| Johnston 1 | Burke County, ND | 536 BBLs | 1,796 MCF | Dec 2024 |
| Kestrel State 36-25 1H | Burke County, ND | 1,183 BBLs | 6,915 MCF | Dec 2024 |
| PTL2 | Burke County, ND | 1,440 BBLs | 25,211 MCF | Dec 2024 |
| PTL4 | Burke County, ND | 1,494 BBLs | 27,241 MCF | Dec 2024 |
| Rival Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
| Sandpiper State 35-26 | Burke County, ND | 248 BBLs | 1,719 MCF | Dec 2024 |
| Swenson | Burke County, ND | 0 BBLs | 0 MCF | Oct 2024 |
| Undhjem 1 | Burke County, ND | 222 BBLs | 1,452 MCF | Dec 2024 |
These are the closest 8 companies operating near the Busch Trust property.
| Company Name |
|---|
| Ballantyne Oil |
| D90 Energy, LLC |
| Earl Schwartz Co. |
| Formentera Operations LLC |
| McOr Oil & Gas Corp |
| Petro Harvester Operating Company, LLC |
| Taqa USA, Inc. |
| Windridge Operating LLC |