Strip 3

Oil & Gas Property in Andrews County, TX

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

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Property Summary

Key data points for Strip 3

CountyAndrews County, TX
OperatorSABALO II OPERATING, LLC
Production DatesAug 2011 - Apr 2025
Total Oil Production63,166 BBLs
Total Gas Production218,927 MCF
Recent Oil Production50 BBLs in Mar 2025
Recent Gas Production15 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment™

$1,351 *

MarketMultiple™

$7,309 **

* 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 Apr 2025

Wells on Strip 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-42410STRIP 3 1SABALO II OPERATING, LLCShut InAndrews County, TX32.381230-102.493465
42-003-42967STRIP 3 2SABALO II OPERATING, LLCShut InAndrews County, TX32.392742-102.497101
42-003-43511STRIP 3 3SABALO II OPERATING, LLCShut InAndrews County, TX32.387540-102.495332
42-003-43964STRIP 3 4SABALO II OPERATING, LLCProducingAndrews County, TX32.375267-102.491634

Leases included in Strip 3

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-298259STRIP 3 4SABALO II OPERATING, LLCAndrews County, TX
08-41757STRIP 3SABALO II 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, TX1,076 BBLs1,984 MCFApr 2025
Armstrong ElizabethAndrews County, TX143 BBLs148 MCFApr 2025
BarbaraAndrews County, TX563 BBLs669 MCFApr 2025
BillieAndrews County, TX1,310 BBLs1,404 MCFApr 2025
Fisher Nola UnitAndrews County, TX399 BBLs0 MCFApr 2025
GlennaAndrews County, TX537 BBLs114 MCFApr 2025
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX157 BBLs107 MCFApr 2025
MeansAndrews County, TX572 BBLs124 MCFApr 2025
MirandaAndrews County, TX504 BBLs479 MCFApr 2025
Saint Andrews UnitAndrews County, TX51,062 BBLs10,081 MCFApr 2025
Samson UniversityAndrews County, TX5,464 BBLs24,979 MCFApr 2025
Sarah SAndrews County, TX526 BBLs303 MCFApr 2025
State UnivAndrews County, TX1,596 BBLs1,411 MCFApr 2025
SutphenAndrews County, TX222 BBLs0 MCFApr 2025
Ul Elk Valley 3-39Andrews County, TX6,761 BBLs629 MCFApr 2025
Uls 4Andrews County, TX869 BBLs602 MCFApr 2025
UniversityAndrews County, TX2,633 BBLs1,988 MCFApr 2025
VestaAndrews County, TX742 BBLs211 MCFApr 2025
VolturnusAndrews County, TX568 BBLs199 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Strip 3 property.

Company Name
Amoco Production Co.
COG Operating LLC
ConocoPhillips Company
Exxon Corporation
Exxon Mobil Corporation
Fasken Oil And Ranch, LTD.
Hilcorp Energy Company
M & M Production LTD.
Oso Exploration & Production, LLC
Ovintiv USA Inc.
Parish, John R.
Parker & Parsley Development Co.
PDC Energy
Preston Exploration LLC
Rust Oil Corp.
Sabalo II Operating, LLC
Saga Pet. LTD Liability Co Of Co
Smith Pipe Of Abilene
Summit Petroleum LLC
Williams, Clayton Energy, Inc.

Frac'ing activity on Strip 3

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-43964STRIP 3 #4

Owners of Strip 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MONTROSE OPERATING LLCSTRIP 3MONTROSE OPERA
2024XTO ENERGY INCSTRIP 3MONTROSE OPERA
2024KRP LEGACY NBR LLCSTRIP 3MONTROSE OPERA
2024DURHAM FREDDA TURNER LIFETIME TRSTRIP 3MONTROSE OPERA
2024SCHARBAUER OIL & GAS LTDSTRIP 3MONTROSE OPERA
2024ZPZ DELAWARE I LLCSTRIP 3MONTROSE OPERA
2024CRADDICK PARTNERS LTDSTRIP 3MONTROSE OPERA
2024AJA/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 3Apr 2025SABALO II OPERATING, LLCSABALO II OPERATING, LLC
08-298259STRIP 3 4Mar 2025SABALO II OPERATING, LLC
08-298259STRIP 3 4Feb 2025SABALO II OPERATING, LLC
08-298259STRIP 3 4Jan 2025SABALO II OPERATING, LLC
08-298259STRIP 3 4Dec 2024SABALO II OPERATING, LLC
08-298259STRIP 3 4Nov 2024SABALO II OPERATING, LLC
08-41757STRIP 3Oct 2024SABALO II OPERATING, LLC
08-41757STRIP 3Sep 2024SABALO II OPERATING, LLC
08-41757STRIP 3Aug 2024SABALO II OPERATING, LLC
08-41757STRIP 3Jul 2024SABALO II OPERATING, LLC
08-41757STRIP 3Jun 2024MONTROSE OPERATING LLC
08-41757STRIP 3May 2024MONTROSE OPERATING LLC
08-41757STRIP 3Apr 2024MONTROSE OPERATING LLC
08-41757STRIP 3Mar 2024MONTROSE OPERATING LLC
08-41757STRIP 3Feb 2024MONTROSE OPERATING LLC
08-41757STRIP 3Jan 2024MONTROSE OPERATING LLC
08-41757STRIP 3Dec 2023MONTROSE OPERATING LLC
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