J. Fite Usmc

Oil Property in Archer County, TX

Property Summary

Key data points for J. Fite Usmc

CountyArcher County, TX
OperatorVETERAN EXPLORATION & PROD, LLC
Production DatesAug 2021 - Jan 2024
Total Oil Production9,370 BBLs
Total Gas Production0 MCF
Recent Oil Production390 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for J. Fite Usmc

ShaleAssessment

Not Available

MarketMultiple

$35,458 **

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

Based on a decimal interest

J. Fite Usmc Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for J. Fite Usmc
from Aug 2021 to Jan 2024

Wells on J. Fite Usmc

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-009-43253J. FITE USMC 1VETERAN EXPLORATION & PROD, LLCProducingArcher County, TX33.631186-98.494971

Leases included in J. Fite Usmc

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-34015J. FITE USMCVETERAN EXPLORATION & PROD, LLCArcher County, TX
09-34048J. FITE USMCVETERAN EXPLORATION & PROD, LLCArcher County, TX

Nearby Properties

These are the closest 20 properties to the J. Fite Usmc property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbercrombieArcher County, TX0 BBLs0 MCFNov 2023
BloodworthArcher County, TX8 BBLs0 MCFDec 2023
Bonfire-FRGArcher County, TX205 BBLs0 MCFJan 2024
ColemanArcher County, TX78 BBLs0 MCFJan 2024
Hemmi TheresiaArcher County, TX24 BBLs0 MCFJan 2024
HilbersArcher County, TX86 BBLs0 MCFJan 2024
JDL RanchArcher County, TX122 BBLs0 MCFJan 2024
JDL River RanchArcher County, TX4 BBLs0 MCFJan 2024
Kinder-Onion CreekArcher County, TX28 BBLs0 MCFJan 2024
MeurerArcher County, TX49 BBLs0 MCFJan 2024
MorbitzerArcher County, TX130 BBLs0 MCFJan 2024
S. Scotland Caddo UnitArcher County, TX335 BBLs0 MCFJan 2024
SchenkArcher County, TX26 BBLs0 MCFJan 2024
Schenk LeonardArcher County, TX52 BBLs0 MCFJan 2024
Schenk-Schreiber UnitArcher County, TX303 BBLs0 MCFJan 2024
SchlumpfArcher County, TX11 BBLs0 MCFJan 2024
ScottArcher County, TX2 BBLs0 MCFJan 2024
SteinbergerArcher County, TX93 BBLs0 MCFJan 2024
SternadelArcher County, TX0 BBLs0 MCFOct 2023
ViethArcher County, TX58 BBLs0 MCFJan 2024

Owners of J. Fite Usmc

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023VETERAN EXPLORATION & PROD LLCJ FITE USMCVETERAN EXPLORATION
2023VETERAN EXPLORATION & PROD LLCJ FITE USMCVETERAN EXPLORATION