Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Sep 2024 |
| Total Oil Production | 72,218 BBLs |
| Total Gas Production | 184,475 MCF |
| Recent Oil Production | 634 BBLs in Sep 2024 |
| Recent Gas Production | 1,234 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$28,785 *
MarketMultiple™
$51,378 **
* 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 16 properties to the STR1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aage Christiansen | Burke County, ND | 54 BBLs | 9 MCF | Sep 2024 |
| East Flaxton-Madison Unit | Burke County, ND | 55 BBLs | 0 MCF | Sep 2024 |
| FLX4 | Burke County, ND | 863 BBLs | 3,213 MCF | Sep 2024 |
| Fortification | Burke County, ND | 139 BBLs | 119 MCF | Sep 2024 |
| Freed | Burke County, ND | 72 BBLs | 260 MCF | Sep 2024 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Ingerson | Burke County, ND | 345 BBLs | 845 MCF | Sep 2024 |
| Jensen | Burke County, ND | 165 BBLs | 78 MCF | Sep 2024 |
| Leon Unit 1 | Burke County, ND | 451 BBLs | 3,323 MCF | Sep 2024 |
| Olney 2-25H | Burke County, ND | 314 BBLs | 1,477 MCF | Sep 2024 |
| Ormiston | Burke County, ND | 570 BBLs | 3,159 MCF | Sep 2024 |
| Paradox | Burke County, ND | 304 BBLs | 1,665 MCF | Sep 2024 |
| Paradox 11-30H | Burke County, ND | 261 BBLs | 1,586 MCF | Sep 2024 |
| Schwartz 4-11H | Burke County, ND | 267 BBLs | 2,050 MCF | Sep 2024 |
| Tafelmeyer | Burke County, ND | 622 BBLs | 2,452 MCF | Sep 2024 |
| Wob1 | Burke County, ND | 766 BBLs | 8,152 MCF | Sep 2024 |
These are the closest 10 companies operating near the STR1 property.