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 - Apr 2025
Total Oil Production77,120 BBLs
Total Gas Production471,859 MCF
Recent Oil Production244 BBLs in Mar 2025
Recent Gas Production1,566 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Bessie Ola 16

ShaleAssessment™

$21,209 *

MarketMultiple™

$36,895 **

* 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 Apr 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, TX107 BBLs198 MCFApr 2025
ArgoAndrews County, TX303 BBLs1,517 MCFApr 2025
BrownAndrews County, TX312 BBLs253 MCFApr 2025
C.C. Cities ServiceAndrews County, TX1,101 BBLs1,109 MCFApr 2025
CarmichaelAndrews County, TX619 BBLs3,469 MCFApr 2025
CascadeAndrews County, TX210 BBLs0 MCFApr 2025
Goldsmith N San Andres Cons UAndrews County, TX492 BBLs337 MCFApr 2025
HallidayAndrews County, TX0 BBLs0 MCFJun 2017
Humble-ParkerAndrews County, TX122 BBLs0 MCFApr 2025
LockhartAndrews County, TX3,394 BBLs5,428 MCFApr 2025
Martin Nellie CAndrews County, TX2,369 BBLs14,079 MCFApr 2025
ParkerAndrews County, TX293 BBLs7,085 MCFApr 2025
ParkerAndrews County, TX2,955 BBLs2,064 MCFApr 2025
Parker J. E. EstAndrews County, TX179 BBLs0 MCFApr 2025
Sam BAndrews County, TX92 BBLs54 MCFApr 2025
Texas UnivAndrews County, TX0 BBLs0 MCFNov 2024
Univ.-11-Sec.-1Andrews County, TX1,038 BBLs11,397 MCFApr 2025
UniversityAndrews County, TX27,786 BBLs239,995 MCFApr 2025
WheelerAndrews County, TX82 BBLs0 MCFApr 2025
WinterAndrews County, TX3 BBLs0 MCFApr 2025

Companies in the Area

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

Company Name
Apache Corporation
Arco Oil & Gas Company
Fueled Resources Inc
Grace Petroleum Operating, LLC
Graham, Bill J. Oil & Gas Corp.
Hilcorp Energy Company
Huntington Energy LLC
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
Simata Energy, 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
2024CONTANGO RESOURCESBESSIE OLA 16CONTANGO RESOU
2024RUTLEDGE NANCY OLDSBESSIE OLA 16CONTANGO RESOU
2024CARMICHAEL W JAMESBESSIE OLA 16CONTANGO RESOU
20242V FURNISH LIMITED PARTNERSHIPBESSIE OLA 16CONTANGO RESOU
2024CARMICHAEL CHRISTOPHER DEWITTBESSIE OLA 16CONTANGO RESOU
2024CARMICHAEL WILLIAM JAMES IIBESSIE OLA 16CONTANGO RESOU
2024OLDS JEAN SUZANNEBESSIE OLA 16CONTANGO RESOU
2024OLDS GERDA IBESSIE OLA 16CONTANGO RESOU
Displaying 8 of 9 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