State

Oil & Gas Property in Mountrail County, ND

  2. North Dakota
  3. Mountrail County, ND
  4. Oil & Gas Properties in Mountrail County, ND
  5. State Oil & Gas Property

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Property Summary

Key data points for State

CountyMountrail County, ND
OperatorFOUNDATION ENERGY MANAGEMENT, LLC
Production DatesJun 1989 - Feb 2025
Total Oil Production955,521 BBLs
Total Gas Production488,774 MCF
Recent Oil Production261 BBLs in Feb 2025
Recent Gas Production0 MCF in Feb 2025
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

$23,899 *

MarketMultiple™

$54,318 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Jun 1989 to Feb 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
33-061-00293STATE-POLAN 2-23BELNORTH PETROLEUM CORP.Permit Now CancelledMountrail County, ND47.975484-101.897644
33-061-00384STATE 32-16FOUNDATION ENERGY MANAGEMENT, LLCInactiveMountrail County, ND47.986888-101.944862
33-061-00385STATE 43-16FOUNDATION ENERGY MANAGEMENT, LLCActiveMountrail County, ND47.983785-101.939601
33-061-00388STATE 34-16FOUNDATION ENERGY MANAGEMENT, LLCPlugged And AbandonedMountrail County, ND47.979685-101.945016
33-061-00474STATE 33-16FOUNDATION ENERGY MANAGEMENT, LLCPlugged And AbandonedMountrail County, ND47.983302-101.945108

Nearby Properties

These are the closest 9 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
EricksonMountrail County, ND0 BBLs0 MCFMay 2008
JohnsonMountrail County, ND0 BBLs0 MCFOct 2024
LesterMountrail County, ND0 BBLs0 MCFNov 2024
LienMountrail County, ND0 BBLs0 MCFApr 2010
LynneMountrail County, ND0 BBLs0 MCFJan 2025
SpletstoserMountrail County, ND0 BBLs0 MCFMay 2004
TvedtMountrail County, ND55 BBLs0 MCFFeb 2025
Van EeckhoutMountrail County, ND0 BBLs0 MCFDec 2015
WurtzMountrail County, ND0 BBLs0 MCFSep 2000

Companies in the Area

These are the closest 6 companies operating near the State property.

Company Name
Bow Petroleum, Inc. Of Colorado
Foundation Energy Management, LLC
Home Petroleum Corp
Presidio Exploration, Inc.
Turtle Mountain Gas & Oil, Inc.
Whiting Oil And Gas Corporation