Oil & Gas Property in Garfield County, OK
Key data points for Velma
| County | Garfield County, OK |
|---|---|
| Operator | FORMENTERA OPERATIONS LLC |
| Production Dates | Aug 2013 - Sep 2025 |
| Total Oil Production | 41,194 BBLs |
| Total Gas Production | 816,895 MCF |
| Recent Oil Production | 174 BBLs in Sep 2025 |
| Recent Gas Production | 1,903 MCF in Sep 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Velma
ShaleAssessment™
$7,917 *
MarketMultiple™
$17,828 **
* 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 | 0 BBLs | 5,465 MCF | Sep 2025 |
| Anton | Garfield County, OK | 0 BBLs | 143 MCF | Oct 2025 |
| Bradley 1-25H | Garfield County, OK | 171 BBLs | 4,400 MCF | Sep 2025 |
| Buss | Garfield County, OK | 343 BBLs | 4,902 MCF | Sep 2025 |
| Campbell | Garfield County, OK | 0 BBLs | 1,964 MCF | Oct 2025 |
| Eddie | Garfield County, OK | 0 BBLs | 2,453 MCF | Sep 2025 |
| Helberg #1-22 | Garfield County, OK | 173 BBLs | 4,662 MCF | Sep 2025 |
| Helena | Garfield County, OK | 175 BBLs | 2,793 MCF | Sep 2025 |
| Herbert | Garfield County, OK | 517 BBLs | 11,637 MCF | Sep 2025 |
| Johndrow | Garfield County, OK | 177 BBLs | 639 MCF | Oct 2025 |
| Juanita | Garfield County, OK | 352 BBLs | 7,181 MCF | Sep 2025 |
| Lorene | Garfield County, OK | 347 BBLs | 7,024 MCF | Sep 2025 |
| Oquin | Garfield County, OK | 343 BBLs | 7,221 MCF | Sep 2025 |
| Rowley | Garfield County, OK | 172 BBLs | 13,391 MCF | Sep 2025 |
| Smitty | Garfield County, OK | 524 BBLs | 5,094 MCF | Sep 2025 |
| Tefft #1 | Garfield County, OK | 0 BBLs | 0 MCF | Aug 1991 |
| Thomason | Garfield County, OK | 159 BBLs | 2,760 MCF | Sep 2025 |
| TLZ Ranch | Garfield County, OK | 0 BBLs | 1,288 MCF | Sep 2025 |
| Vencl | Garfield County, OK | 0 BBLs | 0 MCF | Aug 2025 |
| Younger | Garfield County, OK | 171 BBLs | 6,146 MCF | Sep 2025 |
These are the closest 20 companies operating near the Velma property.