Bessie Ola 16

Oil & Gas Property in Andrews County, TX

  2. Texas
  3. Andrews County, TX
  4. Oil & Gas Properties in Andrews County, TX
  5. Bessie Ola 16 Oil & Gas Property

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Property Summary

Key data points for Bessie Ola 16

CountyAndrews County, TX
OperatorCONTANGO RESOURCES LLC
Production DatesApr 2012 - Jul 2025
Total Oil Production77,709 BBLs
Total Gas Production475,890 MCF
Recent Oil Production295 BBLs in Jun 2025
Recent Gas Production1,422 MCF in Jun 2025
Wells on Property2

Our Valuation Estimates for Bessie Ola 16

ShaleAssessment™

$20,439 *

MarketMultiple™

$33,885 **

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

Based on a decimal interest

Bessie Ola 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bessie Ola 16
from Apr 2012 to Jul 2025

Wells on Bessie Ola 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-43680BESSIE OLA 16 1Contango Resources, LLCProducingAndrews County, TX32.205305-102.795026
42-003-44362BESSIE OLA 16 2Contango Resources, LLCProducingAndrews County, TX32.209203-102.796769

Leases included in Bessie Ola 16

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-43066BESSIE OLA 16Contango Resources, LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Bessie Ola 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrews 3Andrews County, TX215 BBLs348 MCFJul 2025
ArgoAndrews County, TX371 BBLs1,555 MCFJul 2025
BrownAndrews County, TX469 BBLs74 MCFJul 2025
C.C. Cities ServiceAndrews County, TX1,950 BBLs346 MCFJul 2025
CarmichaelAndrews County, TX1,048 BBLs7,355 MCFJul 2025
CascadeAndrews County, TX207 BBLs0 MCFJul 2025
Goldsmith N San Andres Cons UAndrews County, TX594 BBLs429 MCFJul 2025
HallidayAndrews County, TX0 BBLs0 MCFJun 2017
Humble-ParkerAndrews County, TX114 BBLs0 MCFJul 2025
LockhartAndrews County, TX3,715 BBLs2,608 MCFJul 2025
Martin Nellie CAndrews County, TX2,419 BBLs7,270 MCFJul 2025
ParkerAndrews County, TX2,159 BBLs22,163 MCFJul 2025
ParkerAndrews County, TX4,732 BBLs7,750 MCFJul 2025
Parker J. E. EstAndrews County, TX110 BBLs0 MCFJun 2025
Sam BAndrews County, TX54 BBLs16 MCFJul 2025
Texas UnivAndrews County, TX0 BBLs0 MCFNov 2024
Univ.-11-Sec.-1Andrews County, TX1,180 BBLs12,274 MCFJul 2025
UniversityAndrews County, TX25,514 BBLs222,305 MCFJul 2025
WheelerAndrews County, TX117 BBLs0 MCFJul 2025
WinterAndrews County, TX7 BBLs0 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Bessie Ola 16 property.

Company Name
1836 Energy LLC
Apache Corporation
Arco Oil & Gas Company
Burger, F.W. Inc.
Exxon Mobil Corporation
Grace Petroleum Operating, LLC
Graham, Bill J. Oil & Gas Corp.
Hilcorp Energy Company
Montare Operating, LTD.
Ok Arena Operating Company
Oryx Energy Company
Patterson Petroleum, Inc.
Rust Oil Corp.
Sandridge Exploration And Production LLC
Schlachter Operating Corporation
Sheridan Production Company, LLC
Triag Energy Operating, Inc.
Unitex Oil & Gas, L.L.C.
Winn Operating, LLC
XTO Energy Inc.

Frac'ing activity on Bessie Ola 16

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-44362Bessie Ola 16-2

Owners of Bessie Ola 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CONTANGO RESOURCESBESSIE OLA 16CONTANGO RESOU
2025RUTLEDGE NANCY OLDSBESSIE OLA 16CONTANGO RESOU
20252V FURNISH LIMITED PARTNERSHIPBESSIE OLA 16CONTANGO RESOU
2025CARMICHAEL W JAMESBESSIE OLA 16CONTANGO RESOU
2025CARMICHAEL CHRISTOPHER DEWITTBESSIE OLA 16CONTANGO RESOU
2025CARMICHAEL WILLIAM JAMES IIBESSIE OLA 16CONTANGO RESOU
2025OLDS JEAN SUZANNEBESSIE OLA 16CONTANGO RESOU
2025OLDS GERDA IBESSIE OLA 16CONTANGO RESOU
Displaying 8 of 11 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bessie Ola 16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-43066BESSIE OLA 16Apr 2025PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Mar 2025PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Mar 2025CONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Feb 2025PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Feb 2025CONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jan 2025PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jan 2025CONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Dec 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Dec 2024CONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Nov 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Nov 2024CONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Oct 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Oct 2024CONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Sep 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Sep 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Aug 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Aug 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jul 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jul 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jun 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jun 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16May 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16May 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Apr 2024HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Apr 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC