Oil & Gas Property in Garfield County, OK
Key data points for Velma
| County | Garfield County, OK |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Aug 2013 - Nov 2025 |
| Total Oil Production | 41,363 BBLs |
| Total Gas Production | 820,638 MCF |
| Recent Oil Production | 169 BBLs in Nov 2025 |
| Recent Gas Production | 2,096 MCF in Nov 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Velma
ShaleAssessment™
$7,686 *
MarketMultiple™
$17,720 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Velma property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Allen | Garfield County, OK | 359 BBLs | 5,691 MCF | Nov 2025 |
| Anton | Garfield County, OK | 0 BBLs | 184 MCF | Dec 2025 |
| Bradley 1-25H | Garfield County, OK | 0 BBLs | 4,189 MCF | Nov 2025 |
| Buss | Garfield County, OK | 168 BBLs | 4,104 MCF | Nov 2025 |
| Campbell | Garfield County, OK | 175 BBLs | 1,563 MCF | Nov 2025 |
| Eddie | Garfield County, OK | 0 BBLs | 2,250 MCF | Nov 2025 |
| Helberg #1-22 | Garfield County, OK | 170 BBLs | 3,945 MCF | Nov 2025 |
| Helena | Garfield County, OK | 176 BBLs | 2,342 MCF | Nov 2025 |
| Herbert | Garfield County, OK | 165 BBLs | 10,268 MCF | Nov 2025 |
| Johndrow | Garfield County, OK | 0 BBLs | 636 MCF | Nov 2025 |
| Juanita | Garfield County, OK | 532 BBLs | 6,559 MCF | Nov 2025 |
| Lorene | Garfield County, OK | 175 BBLs | 6,134 MCF | Nov 2025 |
| Miner | Garfield County, OK | 0 BBLs | 2,383 MCF | Nov 2025 |
| Oquin | Garfield County, OK | 173 BBLs | 5,691 MCF | Nov 2025 |
| Rowley | Garfield County, OK | 161 BBLs | 8,462 MCF | Nov 2025 |
| Smitty | Garfield County, OK | 346 BBLs | 4,440 MCF | Nov 2025 |
| Thomason | Garfield County, OK | 162 BBLs | 2,726 MCF | Nov 2025 |
| TLZ Ranch | Garfield County, OK | 45 BBLs | 1,626 MCF | Nov 2025 |
| Vencl | Garfield County, OK | 0 BBLs | 0 MCF | Aug 2025 |
| Younger | Garfield County, OK | 0 BBLs | 5,773 MCF | Nov 2025 |
These are the closest 20 companies operating near the Velma property.