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 Production1,286 BBLs in Sep 2024
Recent Gas Production14,773 MCF in Sep 2024
Wells on Property5

Our Valuation Estimates for PTL2

ShaleAssessment™

Not Available

MarketMultiple™

$310,128 **

* 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 13 properties to the PTL2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bly 3Burke County, ND77 BBLs415 MCFSep 2024
Bratland 3-1HBurke County, ND261 BBLs8,604 MCFSep 2024
BuntingBurke County, ND0 BBLs0 MCFNov 2020
BuschBurke County, ND463 BBLs2,605 MCFSep 2024
Busch TrustBurke County, ND552 BBLs2,509 MCFSep 2024
Carrie BratsbergBurke County, ND0 BBLs0 MCFAug 2024
Kestrel State 36-25 1HBurke County, ND587 BBLs2,059 MCFSep 2024
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND1,600 BBLs29,349 MCFSep 2024
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024
SwensonBurke County, ND0 BBLs0 MCFNov 2023
Undhjem 1Burke County, ND218 BBLs1,693 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