Phillips

Oil & Gas Property in Texas County, OK

Property Summary

Key data points for Phillips

CountyTexas County, OK
OperatorMERIT ENERGY COMPANY
Production DatesJul 1990 - Oct 2025
Total Oil Production636 BBLs
Total Gas Production1,011,008 MCF
Recent Oil Production0 BBLs in Oct 2025
Recent Gas Production683 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Phillips

ShaleAssessment

$1,394 *

MarketMultiple

$3,743 **

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

Based on a decimal interest

Phillips Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips
from Jul 1990 to Oct 2025

Wells on Phillips

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
35-139-21573PHILLIPS #1MERIT ENERGY COMPANYActiveTexas County, OK36.779889-100.967611
35-139-21673PHILLIPS #1-35MERIT ENERGY COMPANYActiveTexas County, OK36.772611-100.978806
35-139-22437PHILLIPS #2-25Plugged & AbandonedTexas County, OK36.779312-100.958229

Leases included in Phillips

Lease #Lease NameOperatorCountyMonthly Gas Prod.
139-076854-0-0000PHILLIPSMERIT ENERGY COMPANYTexas County, OK
139-080020-0-0000PHILLIPS 1-35MERIT ENERGY COMPANYTexas County, OK

Nearby Properties

These are the closest 20 properties to the Phillips property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
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Mary KightBeaver County, OK0 BBLs472 MCFOct 2025
MendenhallBeaver County, OK0 BBLs747 MCFOct 2025
MendenhallTexas County, OK0 BBLs1,472 MCFNov 2025
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