Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Oct 2024 |
| Total Oil Production | 72,742 BBLs |
| Total Gas Production | 185,754 MCF |
| Recent Oil Production | 524 BBLs in Oct 2024 |
| Recent Gas Production | 1,279 MCF in Oct 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$28,418 *
MarketMultiple™
$54,661 **
* 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 17 properties to the STR1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aage Christiansen | Burke County, ND | 46 BBLs | 28 MCF | Oct 2024 |
| East Flaxton-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | Sep 2024 |
| FLX4 | Burke County, ND | 747 BBLs | 3,102 MCF | Oct 2024 |
| Fortification | Burke County, ND | 143 BBLs | 123 MCF | Oct 2024 |
| Freed | Burke County, ND | 0 BBLs | 257 MCF | Oct 2024 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Ingerson | Burke County, ND | 356 BBLs | 824 MCF | Oct 2024 |
| Jensen | Burke County, ND | 201 BBLs | 87 MCF | Oct 2024 |
| Leon Unit 1 | Burke County, ND | 439 BBLs | 3,367 MCF | Oct 2024 |
| Olney 2-25H | Burke County, ND | 291 BBLs | 1,444 MCF | Oct 2024 |
| Ormiston | Burke County, ND | 617 BBLs | 3,219 MCF | Oct 2024 |
| Paradox | Burke County, ND | 468 BBLs | 2,460 MCF | Oct 2024 |
| Paradox 11-30H | Burke County, ND | 312 BBLs | 2,980 MCF | Oct 2024 |
| Poudre 44-18H | Burke County, ND | 324 BBLs | 1,879 MCF | Oct 2024 |
| Schwartz 4-11H | Burke County, ND | 271 BBLs | 2,302 MCF | Oct 2024 |
| Tafelmeyer | Burke County, ND | 262 BBLs | 1,893 MCF | Oct 2024 |
| Wob1 | Burke County, ND | 772 BBLs | 8,249 MCF | Oct 2024 |
These are the closest 10 companies operating near the STR1 property.