Oil & Gas Property in Burke County, ND
Key data points for PTL2
County | Burke County, ND |
---|---|
Operator | FORMENTERA OPERATIONS LLC |
Production Dates | Mar 2019 - Jan 2025 |
Total Oil Production | 421,646 BBLs |
Total Gas Production | 3,208,655 MCF |
Recent Oil Production | 1,384 BBLs in Jan 2025 |
Recent Gas Production | 21,664 MCF in Jan 2025 |
Wells on Property | 5 |
Our Valuation Estimates for PTL2
ShaleAssessment™
Not Available
MarketMultiple™
$242,955 **
* 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 15 properties to the PTL2 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Bly 3 | Burke County, ND | 0 BBLs | 421 MCF | Jan 2025 |
Bratland 3-1H | Burke County, ND | 125 BBLs | 5,953 MCF | Jan 2025 |
Bunting | Burke County, ND | 0 BBLs | 0 MCF | Nov 2020 |
Busch | Burke County, ND | 458 BBLs | 2,227 MCF | Jan 2025 |
Busch Trust | Burke County, ND | 437 BBLs | 1,366 MCF | Jan 2025 |
Carrie Bratsberg | Burke County, ND | 292 BBLs | 339 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 |
Probst | Burke County, ND | 0 BBLs | 0 MCF | Jun 2017 |
PTL4 | Burke County, ND | 1,405 BBLs | 32,994 MCF | Jan 2025 |
Rival-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | May 2018 |
Rmu 1 | Burke County, ND | 0 BBLs | 0 MCF | Mar 2024 |
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 10 companies operating near the PTL2 property.