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 - Jan 2025
Total Oil Production186,745 BBLs
Total Gas Production1,348,399 MCF
Recent Oil Production748 BBLs in Jan 2025
Recent Gas Production8,950 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for PTL1

ShaleAssessment™

$71,841 *

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 Jan 2025

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, ND0 BBLs421 MCFJan 2025
Bratland 3-1HBurke County, ND125 BBLs5,953 MCFJan 2025
Carpentier 3-34-27HBurke County, ND426 BBLs354 MCFJan 2025
Carrie BratsbergBurke County, ND292 BBLs339 MCFJan 2025
Cuplin 6-3-10HBurke County, ND323 BBLs399 MCFJan 2025
Delores USABurke County, ND0 BBLs0 MCFDec 2019
EricksonBurke County, ND318 BBLs148 MCFJan 2025
FLX1 22-15 163-91Burke County, ND257 BBLs5,238 MCFJan 2025
FLX3Burke County, ND148 BBLs5,243 MCFJan 2025
GoodmanBurke County, ND178 BBLs134 MCFJan 2025
Gudmunn SjueBurke County, ND0 BBLs0 MCFApr 1993
M. SorumBurke County, ND0 BBLs0 MCFJan 1970
Marvin SorumBurke County, ND0 BBLs0 MCFSep 1988
McCarthy 34Burke County, ND295 BBLs367 MCFJan 2025
Olney 2-25HBurke County, ND259 BBLs1,255 MCFJan 2025
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND1,405 BBLs32,994 MCFJan 2025
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