Forbes

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Forbes

CountyGaines County, TX
Production DatesAug 2000 - Jun 2025
Total Oil Production224,931 BBLs
Total Gas Production18,751 MCF
Recent Oil Production92 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Forbes

ShaleAssessment

$10,987 *

MarketMultiple

$17,148 **

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

Based on a decimal interest

Forbes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Forbes
from Aug 2000 to Jun 2025

Wells on Forbes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-31682FORBES, THOMAS 1GALAXY OIL COMPANYDry HoleGaines County, TX32.656820-102.370690
42-165-35528FORBES 1MAVERICK OPERATING, LLCProducingGaines County, TX32.654312-102.354578
42-165-35534FORBES 17 1MAVERICK OPERATING, LLCProducingGaines County, TX32.654705-102.376271
42-165-35538FORBES 2YOUNG, MARSHALL R., OIL CO.Plugged Oil WellGaines County, TX32.654936-102.350697

Leases included in Forbes

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-68218FORBESMAVERICK OPERATING, LLCGaines County, TX
8A-68221FORBES 17MAVERICK OPERATING, LLCGaines County, TX

Operators Associated With Forbes

Nearby Properties

These are the closest 14 properties to the Forbes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BirgeGaines County, TX322 BBLs0 MCFJun 2025
BirgeGaines County, TX232 BBLs0 MCFJun 2025
BrooksGaines County, TX101 BBLs0 MCFJun 2025
Brunson StantonGaines County, TX727 BBLs0 MCFJun 2025
EdwardsGaines County, TX0 BBLs0 MCFJun 2025
Exxon-Atlantic H & JGaines County, TX480 BBLs131 MCFJun 2025
GieseckeGaines County, TX774 BBLs0 MCFMay 2025
HardbergerGaines County, TX26 BBLs0 MCFMay 2025
McGuireGaines County, TX344 BBLs0 MCFMay 2025
R. WhitakerGaines County, TX431 BBLs0 MCFMay 2025
Samedan-McGuireGaines County, TX0 BBLs0 MCFFeb 2002
TerrellGaines County, TX1,670 BBLs0 MCFJun 2025
Terry County School LandGaines County, TX1,252 BBLs0 MCFJun 2025
WarrenGaines County, TX148 BBLs0 MCFJun 2025

Owners of Forbes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAVERICK OPERATING LLCFORBES W#1MAVERICK OPERA
2025KIMBELL ROYALTY HOLDINGS LLC-FWFORBES W#1MAVERICK OPERA
2025BRACE THOMAS ALANFORBES W#1MAVERICK OPERA
2025SOFTSEARCH INVESTMENT LPFORBES W#1MAVERICK OPERA
2025SOFTVEST MANAGEMENT LPFORBES W#1MAVERICK OPERA
2025SOFTVEST LPFORBES W#1MAVERICK OPERA
2025MAVERICK OPERATING LLCFORBES -17MAVERICK OPERA
2025SLICK TOM MEM TR-SW FDN BIOMEDFORBES W#1MAVERICK OPERA
Displaying 8 of 144 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Forbes

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-68218FORBESFeb 2025PHILLIPS 66 COMPANY
8A-68218FORBESJan 2025PHILLIPS 66 COMPANY
8A-68218FORBESDec 2024PHILLIPS 66 COMPANY
8A-68218FORBESNov 2024PHILLIPS 66 COMPANY
8A-68218FORBESOct 2024PHILLIPS 66 COMPANY
8A-68218FORBESAug 2024PHILLIPS 66 COMPANY
8A-68218FORBESJul 2024PHILLIPS 66 COMPANY
8A-68218FORBESJun 2024PHILLIPS 66 COMPANY
8A-68218FORBESMay 2024PHILLIPS 66 COMPANY
8A-68218FORBESApr 2024PHILLIPS 66 COMPANY
8A-68218FORBESMar 2024PHILLIPS 66 COMPANY
8A-68218FORBESFeb 2024PHILLIPS 66 COMPANY
8A-68218FORBESJan 2024PHILLIPS 66 COMPANY
8A-68218FORBESDec 2023PHILLIPS 66 COMPANY
8A-68218FORBESNov 2023PHILLIPS 66 COMPANY
8A-68218FORBESOct 2023PHILLIPS 66 COMPANY
8A-68218FORBESSep 2023PHILLIPS 66 COMPANY
8A-68218FORBESAug 2023PHILLIPS 66 COMPANY
8A-68218FORBESJul 2023PHILLIPS 66 COMPANY
8A-68218FORBESJun 2023PHILLIPS 66 COMPANY
8A-68218FORBESMay 2023PHILLIPS 66 COMPANY
8A-68218FORBESApr 2023PHILLIPS 66 COMPANY
8A-68218FORBESMar 2023PHILLIPS 66 COMPANY
8A-68218FORBESJan 2023PHILLIPS 66 COMPANY
8A-68218FORBESDec 2022PHILLIPS 66 COMPANY