Strip

Oil Property in Kern County, CA

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

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Property Summary

Key data points for Strip

CountyKern County, CA
OperatorTRC OPERATING COMPANY INC.
Production DatesMay 1989 - Dec 2023
Total Oil Production104,865 BBLs
Total Gas Production0 MCF
Recent Oil Production714 BBLs in Nov 2023
Recent Gas Production0 MCF in Nov 2023
Wells on Property6

Our Valuation Estimates for Strip

ShaleAssessment™

$2,923 *

MarketMultiple™

$46,275 **

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

Based on a decimal interest

Strip Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Strip
from May 1989 to Dec 2023

Wells on Strip

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
04-029-25180Strip 1TRC Operating Company Inc.PluggedKern County, CA35.127110-119.497650
04-029-25181Strip 2TRC Operating Company Inc.ActiveKern County, CA35.127102-119.498566
04-029-25182Strip 3TRC Operating Company Inc.PluggedKern County, CA35.127102-119.498573
04-029-25183Strip 4TRC Operating Company Inc.PluggedKern County, CA35.127060-119.498459
04-029-25184Strip 5TRC Operating Company Inc.PluggedKern County, CA35.127083-119.497650
04-030-28868Strip 35TRC Operating Company Inc.ActiveKern County, CA35.127132-119.497765

Nearby Properties

These are the closest 20 properties to the Strip property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
B-ZoneKern County, CA0 BBLs0 MCFFeb 2020
BirchKern County, CA5,765 BBLs0 MCFDec 2023
Buena FeKern County, CA5,030 BBLs2,413 MCFDec 2023
BullKern County, CA8,702 BBLs0 MCFDec 2023
Cheney-StimsonKern County, CA630 BBLs355 MCFDec 2023
CypressKern County, CA7,492 BBLs6 MCFDec 2023
General AmericanKern County, CA0 BBLs0 MCFNov 2003
Indian & ColonialKern County, CA313 BBLs0 MCFDec 2023
KeeneKern County, CA8,629 BBLs2,894 MCFDec 2023
KellyKern County, CA1,412 BBLs551 MCFDec 2023
Lease By TRC Cypress Group LLCKern County, CA0 BBLs0 MCFNov 2014
McKeon FeeKern County, CA2,037 BBLs0 MCFDec 2023
Palmer UnionKern County, CA215 BBLs0 MCFDec 2023
ShellKern County, CA2 BBLs0 MCFNov 2023
South CerritosKern County, CA2,979 BBLs1,030 MCFDec 2023
TradersKern County, CA140 BBLs0 MCFDec 2023
TurnerKern County, CA62 BBLs0 MCFDec 2023
WarsonKern County, CA0 BBLs0 MCFApr 1986
WilliamsKern County, CA3,170 BBLs991 MCFDec 2023
WoodwardKern County, CA0 BBLs0 MCFSep 1998

Companies in the Area

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

Company Name
25 Hill Properties Inc.
Aera Energy LLC
Arco Oil & Gas Company
Berry Petroleum Company LLC
Bruce A. Holmes
California Resources Production Corporation
Chaparral Petroleum Inc.
Chevron USA Inc
G. H. Preuitt
Harvest Petroleum Inc.
J & K Operating Company Inc.
Oakland Petroleum Oper Co., Inc.
Paul M. Woodward
Phillips Petroleum Company
Sentinel Peak Resources California LLC
Shell Western E&P Inc.
Tenneco Oil Company
TRC Cypress Group LLC
TRC Operating Company Inc.
Union Oil Co Of California