Strip 3

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Strip 3

CountyAndrews County, TX
OperatorMONTROSE OPERATING LLC
Production DatesAug 2011 - Jan 2024
Total Oil Production62,033 BBLs
Total Gas Production217,397 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production269 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment

$2,114 *

MarketMultiple

$626 **

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

Based on a decimal interest

Strip 3 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Strip 3
from Aug 2011 to Jan 2024

Wells on Strip 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-42410STRIP 3 1MONTROSE OPERATING LLCShut InAndrews County, TX32.381230-102.493465
42-003-42967STRIP 3 2MONTROSE OPERATING LLCShut InAndrews County, TX32.392742-102.497101
42-003-43511STRIP 3 3MONTROSE OPERATING LLCShut InAndrews County, TX32.387540-102.495332
42-003-43964STRIP 3 4MONTROSE OPERATING LLCShut InAndrews County, TX32.375233-102.491624

Leases included in Strip 3

Lease #Lease NameOperatorCountyMonthly Gas Prod.
08-41757STRIP 3MONTROSE OPERATING LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Strip 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrews UniAndrews County, TX1,871 BBLs3,872 MCFJan 2024
Armstrong ElizabethAndrews County, TX594 BBLs69 MCFJan 2024
BarbaraAndrews County, TX881 BBLs1,064 MCFJan 2024
Baylor UniversityAndrews County, TX313 BBLs0 MCFJan 2024
BillieAndrews County, TX1,617 BBLs1,598 MCFJan 2024
Fisher Nola UnitAndrews County, TX485 BBLs0 MCFJan 2024
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX275 BBLs206 MCFJan 2024
MeansAndrews County, TX2,628 BBLs261 MCFJan 2024
MirandaAndrews County, TX849 BBLs812 MCFJan 2024
Saint Andrews UnitAndrews County, TX6,713 BBLs18,436 MCFJan 2024
Samson UniversityAndrews County, TX6,300 BBLs31,564 MCFJan 2024
Samson University 16 1Andrews County, TX14 BBLs137 MCFJan 2024
Sarah SAndrews County, TX551 BBLs463 MCFJan 2024
State UnivAndrews County, TX366 BBLs278 MCFJan 2024
SutphenAndrews County, TX236 BBLs0 MCFJan 2024
Uls 4Andrews County, TX793 BBLs515 MCFJan 2024
UniversityAndrews County, TX4,196 BBLs1,842 MCFJan 2024
VestaAndrews County, TX1,072 BBLs345 MCFDec 2023
VolturnusAndrews County, TX409 BBLs35 MCFDec 2023

Owners of Strip 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MONTROSE OPERATING LLCSTRIP 3MONTROSE OPERA
2023XTO ENERGY INCSTRIP 3MONTROSE OPERA
2023KRP LEGACY NBR LLCSTRIP 3MONTROSE OPERA
2023SCHARBAUER OIL & GAS LTDSTRIP 3MONTROSE OPERA
2023DURHAM FREDDA TURNER LIFETIME TRSTRIP 3MONTROSE OPERA
2023ZPZ DELAWARE I LLCSTRIP 3MONTROSE OPERA
2023CRADDICK PARTNERS LTDSTRIP 3MONTROSE OPERA
2023AJA/JCA LTDSTRIP 3MONTROSE OPERA
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Strip 3

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-41757STRIP 3Nov 2023MONTROSE OPERATING LLC
08-41757STRIP 3Oct 2023MONTROSE OPERATING LLC
08-41757STRIP 3Sep 2023MONTROSE OPERATING LLC
08-41757STRIP 3Aug 2023MONTROSE OPERATING LLC
08-41757STRIP 3Jul 2023MONTROSE OPERATING LLC
08-41757STRIP 3Jun 2023MONTROSE OPERATING LLC
08-41757STRIP 3May 2023MONTROSE OPERATING LLC
08-41757STRIP 3Apr 2023MONTROSE OPERATING LLC
08-41757STRIP 3Mar 2023MONTROSE OPERATING LLC
08-41757STRIP 3Feb 2023MONTROSE OPERATING LLC
08-41757STRIP 3Jan 2023MONTROSE OPERATING LLC
08-41757STRIP 3Dec 2022MONTROSE OPERATING LLC
08-41757STRIP 3Nov 2022MONTROSE OPERATING LLC
08-41757STRIP 3Oct 2022MONTROSE OPERATING LLC
08-41757STRIP 3Sep 2022MONTROSE OPERATING LLC
08-41757STRIP 3Aug 2022MONTROSE OPERATING LLC
08-41757STRIP 3Jul 2022MONTROSE OPERATING LLC
08-41757STRIP 3Jun 2022MONTROSE OPERATING LLC
08-41757STRIP 3May 2022MONTROSE OPERATING LLC
08-41757STRIP 3Apr 2022MONTROSE OPERATING LLC
08-41757STRIP 3Mar 2022MONTROSE OPERATING LLCMONTROSE OPERATING LLC
08-41757STRIP 3Mar 2022MONTROSE OPERATING LLC
08-41757STRIP 3Feb 2022MONTROSE OPERATING LLC
08-41757STRIP 3Jan 2022MONTROSE OPERATING LLC
08-41757STRIP 3Dec 2021MONTROSE OPERATING LLC