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 | 511 BBLs in Aug 2024 |
| Recent Gas Production | 856 MCF in Aug 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 | 64 BBLs | 0 MCF | Sep 2024 |
| East Flaxton-Madison Unit | Burke County, ND | 82 BBLs | 0 MCF | Sep 2024 |
| FLX4 | Burke County, ND | 936 BBLs | 3,609 MCF | Sep 2024 |
| Fortification | Burke County, ND | 147 BBLs | 123 MCF | Sep 2024 |
| Freed | Burke County, ND | 92 BBLs | 378 MCF | Sep 2024 |
| Huff | Burke County, ND | 0 BBLs | 0 MCF | Aug 2017 |
| Ingerson | Burke County, ND | 317 BBLs | 769 MCF | Sep 2024 |
| Jensen | Burke County, ND | 167 BBLs | 84 MCF | Sep 2024 |
| Leon Unit 1 | Burke County, ND | 472 BBLs | 3,677 MCF | Sep 2024 |
| Ormiston | Burke County, ND | 740 BBLs | 3,441 MCF | Sep 2024 |
| Paradox | Burke County, ND | 322 BBLs | 1,786 MCF | Sep 2024 |
| Paradox 11-30H | Burke County, ND | 284 BBLs | 1,627 MCF | Sep 2024 |
| Poudre 44-18H | Burke County, ND | 342 BBLs | 2,322 MCF | Sep 2024 |
| Schwartz 4-11H | Burke County, ND | 272 BBLs | 2,020 MCF | Sep 2024 |
| Tafelmeyer | Burke County, ND | 664 BBLs | 2,737 MCF | Sep 2024 |
| Wob1 | Burke County, ND | 1,070 BBLs | 8,201 MCF | Sep 2024 |
These are the closest 10 companies operating near the STR1 property.