Velma

Oil & Gas Property in Dewey County, OK

Property Summary

Key data points for Velma

CountyDewey County, OK
Production DatesApr 2003 - Nov 2025
Total Oil Production68,589 BBLs
Total Gas Production2,318,665 MCF
Recent Oil Production0 BBLs in Nov 2025
Recent Gas Production1,704 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for Velma

ShaleAssessment

$5,087 *

MarketMultiple

$17,687 **

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

Based on a decimal interest

Velma Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Velma
from Apr 2003 to Nov 2025

Wells on Velma

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
35-043-22839VELMA #1-7SKYCAP ENERGY LLCActiveDewey County, OK35.873981-99.156961
35-043-22849VELMA #2-7SKYCAP ENERGY LLCActiveDewey County, OK35.873841-99.162618
35-043-23142VELMA #3-7HCONTANGO RESOURCES LLCActiveDewey County, OK35.870994-99.163038

Leases included in Velma

Lease #Lease NameOperatorCountyMonthly Gas Prod.
043-110541-0-0000VELMA 1, 2-7SKYCAP ENERGY LLCDewey County, OK
043-205201-0-0000VELMA 3-7HCONTANGO RESOURCES LLCDewey County, OK

Operators Associated With Velma

Nearby Properties

These are the closest 20 properties to the Velma property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AltonDewey County, OK0 BBLs86 MCFNov 2025
Basler #1-23HDewey County, OK420 BBLs756 MCFNov 2025
CourseyDewey County, OK0 BBLs0 MCFJul 2015
FarrisDewey County, OK176 BBLs8,187 MCFNov 2025
HicksDewey County, OK0 BBLs0 MCFJun 2005
HolcombDewey County, OK739 BBLs5,079 MCFNov 2025
IreneDewey County, OK0 BBLs2,528 MCFNov 2025
KaukDewey County, OK0 BBLs59 MCFNov 2025
MetzlerDewey County, OK0 BBLs121 MCFNov 2025
Mowles 30Dewey County, OK0 BBLs2,810 MCFNov 2025
PeckDewey County, OK731 BBLs28,031 MCFNov 2025
SalgeDewey County, OK360 BBLs790 MCFNov 2025
ScissortailDewey County, OK362 BBLs1,395 MCFNov 2025
Sea Horse 1-5Dewey County, OK0 BBLs2,718 MCFNov 2025
StateDewey County, OK0 BBLs9,932 MCFNov 2025
StriperDewey County, OK360 BBLs1,596 MCFNov 2025
VondellDewey County, OK355 BBLs1,126 MCFNov 2025
Walker-Griffitts 1-19Dewey County, OK0 BBLs20,778 MCFNov 2025
WalleyeDewey County, OK762 BBLs3,317 MCFNov 2025
WestenhaverDewey County, OK0 BBLs0 MCFJan 2015