Bates Estate

Oil Property in Kern County, CA

Property Summary

Key data points for Bates Estate

CountyKern County, CA
OperatorLOBO OPERATIONS LLC
Production DatesJan 2018 - Dec 2023
Total Oil Production2,025 BBLs
Total Gas Production0 MCF
Recent Oil Production25 BBLs in Nov 2023
Recent Gas Production0 MCF in Nov 2023
Wells on Property13

Our Valuation Estimates for Bates Estate

ShaleAssessment

$10,826 *

MarketMultiple

$2,834 **

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

Based on a decimal interest

Bates Estate Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bates Estate
from Jan 2018 to Dec 2023

Wells on Bates Estate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
04-029-39748Bates Estate 1-1Lobo Operations LLCActiveKern County, CA35.734936-119.954079
04-029-39749Bates Estate 1-2Lobo Operations LLCActiveKern County, CA35.732811-119.953979
04-029-39750Bates Estate 1-3NECK Drilling Co.PluggedKern County, CA35.733021-119.951279
04-029-39751Bates Estate 1-4NECK Drilling Co.PluggedKern County, CA35.731705-119.950142
04-029-39752Bates Estate 1-5Lobo Operations LLCActiveKern County, CA35.734932-119.952774
04-029-39753Bates Estate 1-6Lobo Operations LLCActiveKern County, CA35.732452-119.952393
04-029-39754Bates Estate 1-7Lobo Operations LLCActiveKern County, CA35.733997-119.951202
04-029-39755Bates Estate 1-8Lobo Operations LLCIdleKern County, CA35.737576-119.956024
04-029-39756Bates Estate 1-9Lobo Operations LLCActiveKern County, CA35.731651-119.951469
04-029-39773Bates Estate 16-20McMullan & GrotherPluggedKern County, CA35.736031-119.955826
04-029-39774Bates Estate 26-20McMullan & GrotherPluggedKern County, CA35.736099-119.953491
04-029-66048Bates Estate 1-10Lobo Operations LLCActiveKern County, CA35.736675-119.954170
04-029-68944Bates Estate 1-11NECK Drilling Co.CanceledKern County, CA35.734276-119.952583

Nearby Properties

These are the closest 17 properties to the Bates Estate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlferitzKern County, CA181 BBLs0 MCFDec 2023
BalfourKings County, CA1,216 BBLs0 MCFDec 2023
Blackwells Corner UnitKern County, CA364 BBLs0 MCFDec 2023
C.C.M.OKings County, CA404 BBLs0 MCFNov 2023
DaganyKings County, CA192 BBLs0 MCFDec 2023
Dagany Gap UnitKern County, CA42 BBLs0 MCFNov 2023
EllisKern County, CA140 BBLs0 MCFDec 2023
Fee 1Kern County, CA108 BBLs0 MCFDec 2023
Fee 2Kern County, CA37 BBLs0 MCFDec 2023
Lease By Harvest Petroleum, IncKings County, CA51 BBLs0 MCFDec 2023
NorrisKings County, CA120 BBLs180 MCFDec 2023
Norris-DrilexcoKings County, CA269 BBLs843 MCFDec 2023
SmithKern County, CA0 BBLs0 MCFDec 2023
Texaco FeeKern County, CA55 BBLs0 MCFDec 2023
U. Of CKern County, CA97 BBLs0 MCFDec 2023
Union BankKern County, CA25 BBLs0 MCFDec 2023
West SlopeKings County, CA23 BBLs0 MCFNov 2023