Oil & Gas Property in Bowie County, TX
Key data points for Langley Unit
| County | Bowie County, TX |
|---|---|
| Operator | NECHES OIL & GAS COMPANY, INC. |
| Production Dates | Jan 1993 - Jun 2025 |
| Total Oil Production | 484,041 BBLs |
| Total Gas Production | 183,174 MCF |
| Recent Oil Production | 377 BBLs in Jun 2025 |
| Recent Gas Production | 0 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Langley Unit
ShaleAssessment™
$6,785 *
MarketMultiple™
$41,478 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 4 properties to the Langley Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bentley | Bowie County, TX | 450 BBLs | 0 MCF | Jun 2025 |
| Days Creek Smackover Unit | Miller County, AR | 0 BBLs | 0 MCF | Dec 2024 |
| Liberty-Eylau Isd | Bowie County, TX | 0 BBLs | 0 MCF | Jul 2022 |
| Sorsby | Bowie County, TX | 19 BBLs | 0 MCF | Jun 2025 |
These are the closest 7 companies operating near the Langley Unit property.
| Company Name |
|---|
| J-O'B Operating Company |
| Legacy Exploration, LLC I |
| Merit Energy Company |
| Murphy Oil USA Inc |
| Neches Oil & Gas Company, Inc. |
| Rogers, Mike Drilling Co., Inc. |
| Williamson, Richard |