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 - Feb 2025
Total Oil Production422,886 BBLs
Total Gas Production3,230,097 MCF
Recent Oil Production1,240 BBLs in Feb 2025
Recent Gas Production21,442 MCF in Feb 2025
Wells on Property5

Our Valuation Estimates for PTL2

ShaleAssessment™

Not Available

MarketMultiple™

$241,935 **

* 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 Feb 2025

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, LLCAbandonedBurke 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, ND0 BBLs213 MCFFeb 2025
Bratland 3-1HBurke County, ND314 BBLs8,747 MCFFeb 2025
BuntingBurke County, ND0 BBLs0 MCFNov 2020
BuschBurke County, ND414 BBLs2,016 MCFFeb 2025
Carrie BratsbergBurke County, ND209 BBLs251 MCFFeb 2025
Johnston 1Burke County, ND494 BBLs2,549 MCFFeb 2025
Kestrel State 36-25 1HBurke County, ND942 BBLs5,851 MCFFeb 2025
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL4Burke County, ND696 BBLs20,107 MCFFeb 2025
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024
Sandpiper State 35-26Burke County, ND280 BBLs1,464 MCFFeb 2025
SwensonBurke County, ND0 BBLs0 MCFOct 2024
Undhjem 1Burke County, ND199 BBLs770 MCFFeb 2025

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

Frac'ing activity on PTL2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
33-013-01840PTL2 4-16 163-92 D
33-013-01841PTL2 4-28 164-92 C
33-013-01842PTL2 4-28 164-92 B
33-013-01870PTL2 04-28 164-92 A