PTL2

Oil & Gas Property in Burke County, ND

  2. North Dakota
  3. Burke County, ND
  4. Oil & Gas Properties in Burke County, ND
  5. PTL2 Oil & Gas Property

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Property Summary

Key data points for PTL2

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesMar 2019 - Sep 2024
Total Oil Production415,757 BBLs
Total Gas Production3,117,585 MCF
Recent Oil Production1,440 BBLs in Aug 2024
Recent Gas Production13,353 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for PTL2

ShaleAssessment™

Not Available

MarketMultiple™

$310,101 **

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

Based on a decimal interest

PTL2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for PTL2
from Mar 2019 to Sep 2024

Wells on PTL2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-013-01840PTL2 4-16 163-92 DFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.974116-102.624144
33-013-01841PTL2 4-28 164-92 CFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.973995-102.624248
33-013-01842PTL2 4-28 164-92 BFORMENTERA OPERATIONS, LLCInactiveBurke County, ND48.973927-102.624352
33-013-01870PTL2 04-28 164-92 AFORMENTERA OPERATIONS, LLCInactiveBurke County, ND48.973861-102.624452
33-013-90386PTL2 SWD 1FORMENTERA OPERATIONS, LLCActiveBurke County, ND48.974304-102.623852

Nearby Properties

These are the closest 14 properties to the PTL2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bly 3Burke County, ND79 BBLs500 MCFSep 2024
Bratland 3-1HBurke County, ND278 BBLs10,097 MCFSep 2024
BuntingBurke County, ND0 BBLs0 MCFNov 2020
BuschBurke County, ND917 BBLs4,641 MCFSep 2024
Busch TrustBurke County, ND509 BBLs2,553 MCFSep 2024
Carrie BratsbergBurke County, ND0 BBLs46 MCFAug 2024
Kestrel State 36-25 1HBurke County, ND238 BBLs2,015 MCFSep 2024
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND1,278 BBLs24,902 MCFSep 2024
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024
Sandpiper State 35-26Burke County, ND254 BBLs1,917 MCFSep 2024
SwensonBurke County, ND0 BBLs0 MCFNov 2023
Undhjem 1Burke County, ND229 BBLs1,773 MCFSep 2024

Companies in the Area

These are the closest 10 companies operating near the PTL2 property.

Company Name
Ballantyne Oil
D90 Energy, LLC
Eagle Operating Inc
Earl Schwartz Co.
Formentera Operations LLC
McOr Oil & Gas Corp
Petro Harvester Operating Company, LLC
Phoenix Petroleum, LLC
Taqa USA, Inc.
Windridge Operating LLC