Oil & Gas Property in Burke County, ND
Key data points for PTL4
County | Burke County, ND |
---|---|
Operator | FORMENTERA OPERATIONS LLC |
Production Dates | Nov 2019 - Jan 2025 |
Total Oil Production | 291,481 BBLs |
Total Gas Production | 3,687,225 MCF |
Recent Oil Production | 1,405 BBLs in Jan 2025 |
Recent Gas Production | 32,994 MCF in Jan 2025 |
Wells on Property | 4 |
Our Valuation Estimates for PTL4
ShaleAssessment™
Not Available
MarketMultiple™
$244,518 **
* 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 14 properties to the PTL4 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 |
Erickson | Burke County, ND | 318 BBLs | 148 MCF | Jan 2025 |
Kestrel State 36-25 1H | Burke County, ND | 1,117 BBLs | 6,508 MCF | Jan 2025 |
Lignite-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | Oct 2013 |
Probst | Burke County, ND | 0 BBLs | 0 MCF | Jun 2017 |
PTL1 | Burke County, ND | 748 BBLs | 8,950 MCF | Jan 2025 |
PTL2 | Burke County, ND | 1,384 BBLs | 21,664 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 |
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 |