Oil & Gas Property in Burke County, ND
Key data points for STR1
| County | Burke County, ND |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Jun 2017 - Dec 2024 |
| Total Oil Production | 73,985 BBLs |
| Total Gas Production | 189,522 MCF |
| Recent Oil Production | 624 BBLs in Dec 2024 |
| Recent Gas Production | 1,930 MCF in Dec 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for STR1
ShaleAssessment™
$27,659 *
MarketMultiple™
$58,754 **
* 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 | 54 BBLs | 22 MCF | Dec 2024 |
| Crystal 44-18H | Burke County, ND | 339 BBLs | 3,419 MCF | Dec 2024 |
| East Flaxton-Madison Unit | Burke County, ND | 0 BBLs | 0 MCF | Sep 2024 |
| FLX4 | Burke County, ND | 470 BBLs | 3,816 MCF | Dec 2024 |
| Fortification | Burke County, ND | 153 BBLs | 123 MCF | Dec 2024 |
| Freed | Burke County, ND | 0 BBLs | 300 MCF | Dec 2024 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Ingerson | Burke County, ND | 315 BBLs | 716 MCF | Dec 2024 |
| Jensen | Burke County, ND | 182 BBLs | 90 MCF | Dec 2024 |
| Leon Unit 1 | Burke County, ND | 470 BBLs | 2,844 MCF | Dec 2024 |
| Olney 2-25H | Burke County, ND | 307 BBLs | 1,444 MCF | Dec 2024 |
| Ormiston | Burke County, ND | 417 BBLs | 929 MCF | Dec 2024 |
| Paradox | Burke County, ND | 684 BBLs | 4,284 MCF | Dec 2024 |
| Paradox 11-30H | Burke County, ND | 335 BBLs | 3,153 MCF | Dec 2024 |
| Poudre 44-18H | Burke County, ND | 334 BBLs | 2,249 MCF | Dec 2024 |
| Tafelmeyer | Burke County, ND | 417 BBLs | 159 MCF | Dec 2024 |
| Wob1 | Burke County, ND | 761 BBLs | 7,827 MCF | Dec 2024 |
These are the closest 10 companies operating near the STR1 property.