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 - Jan 2025 |
| Total Oil Production | 325,435 BBLs |
| Total Gas Production | 1,491,195 MCF |
| Recent Oil Production | 437 BBLs in Jan 2025 |
| Recent Gas Production | 1,366 MCF in Jan 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Busch Trust
ShaleAssessment™
$21,173 *
MarketMultiple™
$75,966 **
* 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 | 125 BBLs | 5,953 MCF | Jan 2025 |
| Busch | Burke County, ND | 458 BBLs | 2,227 MCF | Jan 2025 |
| Johnston 1 | Burke County, ND | 559 BBLs | 3,755 MCF | Jan 2025 |
| Kestrel State 36-25 1H | Burke County, ND | 1,117 BBLs | 6,508 MCF | Jan 2025 |
| PTL2 | Burke County, ND | 1,384 BBLs | 21,664 MCF | Jan 2025 |
| PTL4 | Burke County, ND | 1,405 BBLs | 32,994 MCF | Jan 2025 |
| Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
| Sandpiper State 35-26 | Burke County, ND | 267 BBLs | 1,761 MCF | Jan 2025 |
| Swenson | Burke County, ND | 0 BBLs | 0 MCF | Oct 2024 |
| Undhjem 1 | Burke County, ND | 208 BBLs | 866 MCF | Jan 2025 |
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 |