Strip 3

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Strip 3

County,
OperatorSABALO II OPERATING, LLC
Production DatesAug 2011 - Feb 2025
Total Oil Production62,439 BBLs
Total Gas Production218,737 MCF
Recent Oil Production4 BBLs in Jan 2025
Recent Gas Production18 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment

$1,391 *

MarketMultiple

$6,620 **

* 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 Feb 2025

Wells on Strip 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

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, TX1,026 BBLs1,807 MCFFeb 2025
Armstrong ElizabethAndrews County, TX216 BBLs183 MCFFeb 2025
BarbaraAndrews County, TX813 BBLs878 MCFFeb 2025
BillieAndrews County, TX1,517 BBLs3,065 MCFFeb 2025
Fisher Nola UnitAndrews County, TX314 BBLs0 MCFFeb 2025
GlennaAndrews County, TX590 BBLs47 MCFFeb 2025
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX212 BBLs348 MCFFeb 2025
MeansAndrews County, TX1,059 BBLs210 MCFFeb 2025
MirandaAndrews County, TX645 BBLs1,051 MCFFeb 2025
Saint Andrews UnitAndrews County, TX4,304 BBLs17,022 MCFFeb 2025
Samson UniversityAndrews County, TX6,035 BBLs24,832 MCFFeb 2025
Samson University "16"Andrews County, TX52 BBLs107 MCFFeb 2025
Sarah SAndrews County, TX477 BBLs738 MCFFeb 2025
State UnivAndrews County, TX616 BBLs484 MCFFeb 2025
SutphenAndrews County, TX215 BBLs0 MCFFeb 2025
Uls 4Andrews County, TX984 BBLs557 MCFFeb 2025
UniversityAndrews County, TX2,646 BBLs2,048 MCFFeb 2025
VestaAndrews County, TX996 BBLs266 MCFFeb 2025
VolturnusAndrews County, TX709 BBLs212 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Strip 3 property.

Company Name

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
2024SCHARBAUER OIL & GAS LTDSTRIP 3MONTROSE OPERA
2024DURHAM FREDDA TURNER LIFETIME TRSTRIP 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 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
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