MT. Vernon (Pettit) Unit

Oil Property in Franklin County, TX

  2. Texas
  3. Franklin County, TX
  4. Oil & Gas Properties in Franklin County, TX
  5. MT. Vernon (Pettit) Unit Oil Property

Map of Wells Full Screen Map

Property Summary

Key data points for MT. Vernon (Pettit) Unit

CountyFranklin County, TX
OperatorFAIR OIL, LTD.
Production DatesJan 2026 - Jun 2026
Total Oil Production2,605 BBLs
Total Gas Production0 MCF
Recent Oil Production395 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property8

Our Valuation Estimates for MT. Vernon (Pettit) Unit

ShaleAssessment™

Not Available

MarketMultiple™

$56,000 **

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

Based on a decimal interest

MT. Vernon (Pettit) Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for MT. Vernon (Pettit) Unit
from Jan 2026 to Jun 2026

Wells on MT. Vernon (Pettit) Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-159-00469MT. VERNON (PETTIT) UNIT 1101FAIR OIL, LTD.ProducingFranklin County, TX33.179058-95.183697
42-159-30558MT. VERNON (PETTIT) UNIT 601FAIR OIL, LTD.ProducingFranklin County, TX33.177893-95.193490
42-159-30567MT. VERNON (PETTIT) UNIT 301FAIR OIL, LTD.ProducingFranklin County, TX33.177839-95.198575
42-159-30574MT. VERNON (PETTIT) UNIT 501FAIR OIL, LTD.ProducingFranklin County, TX33.181692-95.192440
42-159-30592MT. VERNON (PETTIT) UNIT 101FAIR OIL, LTD.Shut InFranklin County, TX33.178826-95.208289
42-159-30594MT. VERNON (PETTIT) UNIT 401FAIR OIL, LTD.Water SupplyFranklin County, TX33.181556-95.199639
42-159-30629MT. VERNON (PETTIT) UNIT 201FAIR OIL, LTD.Water SupplyFranklin County, TX33.181457-95.203358
42-159-30644MT. VERNON (PETTIT) UNIT 1501FAIR OIL, LTD.ProducingFranklin County, TX33.181518-95.181206

Leases included in MT. Vernon (Pettit) Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
06-16168MT. VERNON (PETTIT) UNITFAIR OIL, LTD.Franklin County, TX

Nearby Properties

These are the closest 0 properties to the MT. Vernon (Pettit) Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period

Companies in the Area

These are the closest 0 companies operating near the MT. Vernon (Pettit) Unit property.

Company Name

Frac'ing activity on MT. Vernon (Pettit) Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-159-30567Hernandez 2

Owners of MT. Vernon (Pettit) Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026FAIR OIL LTDMT VERNON (PETTIT) UNITFAIR OIL LTD
2026GALT-MOORE LEGACY II LLCMT VERNON (PETTIT) UNITFAIR OIL LTD
2026BAIRD KELLY DALE & LYNDA BONEMT VERNON (PETTIT) UNITFAIR OIL LTD
2026LEWIS SARAH TMT VERNON (PETTIT) UNITFAIR OIL LTD
2026WENEXCO INCMT VERNON (PETTIT) UNITFAIR OIL LTD
2026BOW OIL CO LTDMT VERNON (PETTIT) UNITFAIR OIL LTD
2026AYERS ANDREW CARTERMT VERNON (PETTIT) UNITFAIR OIL LTD
2026AYERS PATRICIA ANNMT VERNON (PETTIT) UNITFAIR OIL LTD
Displaying 8 of 91 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on MT. Vernon (Pettit) Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
06-16168MT. VERNON (PETTIT) UNITJun 2026PLAINS MARKETING, L.P.FAIR OIL LTD
06-16168MT. VERNON (PETTIT) UNITMay 2026PLAINS MARKETING, L.P.FAIR OIL LTD
06-16168MT. VERNON (PETTIT) UNITApr 2026PLAINS MARKETING, L.P.FAIR OIL LTD
06-16168MT. VERNON (PETTIT) UNITMar 2026PLAINS MARKETING, L.P.FAIR OIL LTD
06-16168MT. VERNON (PETTIT) UNITFeb 2026PLAINS MARKETING, L.P.FAIR OIL LTD
06-16168MT. VERNON (PETTIT) UNITJan 2026PLAINS MARKETING, L.P.FAIR OIL LTD