PTL1

Oil & Gas Property in Burke County, ND

  2. North Dakota
  3. Burke County, ND
  4. Oil & Gas Properties in Burke County, ND
  5. PTL1 Oil & Gas Property

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Property Summary

Key data points for PTL1

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesMar 2017 - Dec 2024
Total Oil Production185,997 BBLs
Total Gas Production1,339,449 MCF
Recent Oil Production624 BBLs in Dec 2024
Recent Gas Production8,973 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for PTL1

ShaleAssessment™

$72,837 *

MarketMultiple™

$117,798 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

PTL1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for PTL1
from Mar 2017 to Dec 2024

Wells on PTL1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-013-01829PTL1 32-29 164-91 BFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.980208-102.517504
33-013-01830PTL1 05-08 163-91 BFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.980208-102.517421
33-013-90374PTL1 SWD 1FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.980619-102.517547

Nearby Properties

These are the closest 20 properties to the PTL1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abel USABurke County, ND0 BBLs0 MCFApr 2012
Bly 3Burke County, ND108 BBLs463 MCFDec 2024
Bratland 3-1HBurke County, ND228 BBLs8,490 MCFDec 2024
Carpentier 3-34-27HBurke County, ND466 BBLs338 MCFDec 2024
Carrie BratsbergBurke County, ND317 BBLs288 MCFDec 2024
Cuplin 6-3-10HBurke County, ND321 BBLs367 MCFDec 2024
Delores USABurke County, ND0 BBLs0 MCFDec 2019
EricksonBurke County, ND310 BBLs124 MCFDec 2024
FLX1 22-15 163-91Burke County, ND444 BBLs9,229 MCFDec 2024
FLX3Burke County, ND270 BBLs9,092 MCFDec 2024
GoodmanBurke County, ND262 BBLs217 MCFDec 2024
Gudmunn SjueBurke County, ND0 BBLs0 MCFApr 1993
M. R. Skalicky 1Burke County, ND265 BBLs1,738 MCFDec 2024
M. SorumBurke County, ND0 BBLs0 MCFJan 1970
Marvin SorumBurke County, ND0 BBLs0 MCFSep 1988
Olney 2-25HBurke County, ND307 BBLs1,444 MCFDec 2024
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND1,494 BBLs27,241 MCFDec 2024
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024

Companies in the Area

These are the closest 13 companies operating near the PTL1 property.

Company Name
Challenger Point Energy, LLC
Chandler & Associates, Inc.
Cornerstone Natural Resources LLC
D90 Energy, LLC
Eagle Operating Inc
Earl Schwartz Co.
Elk Oil Company
Formentera Operations LLC
Marshall & Winston, Inc.
McOr Oil & Gas Corp
Phoenix Petroleum, LLC
Taqa USA, Inc.
Windridge Operating LLC

Frac'ing activity on PTL1

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-013-01829PTL1 32-29-164-91B
33-013-01830PTL1 05-08 163-91B