PTL4

Oil & Gas Property in Burke County, ND

Property Summary

Key data points for PTL4

CountyBurke County, ND
OperatorFORMENTERA OPERATIONS LLC
Production DatesNov 2019 - Sep 2024
Total Oil Production285,708 BBLs
Total Gas Production3,564,627 MCF
Recent Oil Production1,278 BBLs in Aug 2024
Recent Gas Production24,902 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for PTL4

ShaleAssessment

Not Available

MarketMultiple

$231,792 **

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

Based on a decimal interest

PTL4 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for PTL4
from Nov 2019 to Sep 2024

Wells on PTL4

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-013-01866PTL4 10-15 163-92 DFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.967952-102.601990
33-013-01867PTL4 03-27 164-92 BFORMENTERA OPERATIONS, LLCUnknownBurke County, ND48.967664-102.601996
33-013-01868PTL4 10-15 163-92 BFORMENTERA OPERATIONS, LLCActiveBurke County, ND48.967760-102.601995
33-013-01869PTL4 10-15 163-92 CFORMENTERA OPERATIONS, LLCInactiveBurke County, ND48.967856-102.601991

Nearby Properties

These are the closest 13 properties to the PTL4 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
Lignite-Madison UnitBurke County, ND0 BBLs0 MCFOct 2013
ProbstBurke County, ND0 BBLs0 MCFJun 2017
PTL1Burke County, ND695 BBLs9,172 MCFSep 2024
PTL2Burke County, ND1,440 BBLs13,353 MCFSep 2024
Rival-Madison UnitBurke County, ND0 BBLs0 MCFMay 2018
Rmu 1Burke County, ND0 BBLs0 MCFMar 2024

Companies in the Area

These are the closest 8 companies operating near the PTL4 property.

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