Panama

Oil & Gas Property in Kern County, CA

  2. California
  3. Kern County, CA
  4. Oil & Gas Properties in Kern County, CA
  5. Panama Oil & Gas Property

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Property Summary

Key data points for Panama

CountyKern County, CA
OperatorCRIMSON RESOURCE MANAGEMENT CORP.
Production DatesMar 1984 - May 2026
Total Oil Production3,616,535 BBLs
Total Gas Production1,499,296 MCF
Recent Oil Production4,955 BBLs in May 2026
Recent Gas Production1,754 MCF in May 2026
Wells on Property11

Our Valuation Estimates for Panama

ShaleAssessment™

$184,909 *

MarketMultiple™

$576,585 **

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

Based on a decimal interest

Panama Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Panama
from Mar 1984 to May 2026

Wells on Panama

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
04-029-70086Panama 1-22Crimson Resource Management Corp.ActiveKern County, CA35.309181-119.067200
04-029-72368Panama 1-14Crimson Resource Management Corp.IdleKern County, CA35.311562-119.051170
04-029-73427Panama 2-14Crimson Resource Management Corp.ActiveKern County, CA35.311581-119.050774
04-029-73953Panama 11X-23Crimson Resource Management Corp.ActiveKern County, CA35.311581-119.050308
04-029-74652Panama 57X-14Crimson Resource Management Corp.ActiveKern County, CA35.311138-119.050117
04-029-76394Panama 2-22Crimson Resource Management Corp.ActiveKern County, CA35.309952-119.060394
04-029-76459Panama 2-23Crimson Resource Management Corp.ActiveKern County, CA35.311089-119.050499
04-029-77489Panama 3-14Crimson Resource Management Corp.ActiveKern County, CA35.311104-119.050903
04-030-37447Panama 3-22Crimson Resource Management Corp.CanceledKern County, CA35.308952-119.067207
04-030-45967Panama 3A-22Crimson Resource Management Corp.ActiveKern County, CA35.309406-119.066971
04-030-52556Panama 4-22Crimson Resource Management Corp.ActiveKern County, CA35.310055-119.059746

Nearby Properties

These are the closest 20 properties to the Panama property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrackenburyKern County, CA0 BBLs0 MCFApr 2026
CoulterKern County, CA0 BBLs0 MCFNov 1989
DillonKern County, CA0 BBLs0 MCFMar 2012
EdgarKern County, CA0 BBLs0 MCFApr 2024
FrazierKern County, CA0 BBLs0 MCFApr 2026
GosfordKern County, CA0 BBLs0 MCFDec 2024
Hall-EdgarKern County, CA0 BBLs0 MCFMay 2025
Hill Hill #1Kern County, CA973 BBLs631 MCFMay 2026
K.C.L. AKern County, CA0 BBLs0 MCFFeb 2024
K.C.L. BKern County, CA0 BBLs0 MCFFeb 2024
K.C.L. DKern County, CA0 BBLs0 MCFOct 2023
KCL Gosford AKern County, CA0 BBLs0 MCFDec 2025
KernlandKern County, CA0 BBLs0 MCFMay 2016
ParkerKern County, CA0 BBLs0 MCFApr 2026
Pon #4Kern County, CA553 BBLs353 MCFMay 2026
Red RibbonKern County, CA0 BBLs0 MCFApr 2026
RobertsKern County, CA0 BBLs0 MCFDec 2020
Sawyer & ReidKern County, CA0 BBLs0 MCFApr 2026
Statex-KCLKern County, CA0 BBLs0 MCFMay 2025
Tenneco-PanamaKern County, CA1,078 BBLs337 MCFMay 2026

Companies in the Area

These are the closest 20 companies operating near the Panama property.

Company Name
Arco Western Energy Co.
Ashe Road Properties L.P.
Big West Of California LLC
California Resources Production Corporation
Capital Production Company
Challenger Minerals Inc.
Channel Exploration Company
Chevron USA Inc
Crimson Resource Management Corp.
E & B Natural Resources Management Corporation
Foothill Energy, LLC
Griffin Resources LLC
L. W. Babcock
Mobil Oil Corporation
San Joaquin Facilities Management Inc.
Stream Energy, Inc.
Sunray Petroleum Inc.
The Termo Company
Trio Petroleum LLC
West Energy Operating LLC

Frac'ing activity on Panama

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
04-030-52556Crimson Panama 4-22