Forbes

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Forbes

CountyGaines County, TX
Production DatesAug 2000 - Jan 2024
Total Oil Production222,194 BBLs
Total Gas Production18,751 MCF
Recent Oil Production204 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Forbes

ShaleAssessment

$15,591 *

MarketMultiple

$22,985 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Forbes
from Aug 2000 to Jan 2024

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 15 properties to the Forbes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BirgeGaines County, TX54 BBLs0 MCFJan 2024
BirgeGaines County, TX696 BBLs0 MCFJan 2024
BridgesGaines County, TX1,072 BBLs0 MCFJan 2024
BrooksGaines County, TX326 BBLs0 MCFJan 2024
Brunson StantonGaines County, TX665 BBLs0 MCFJan 2024
Exxon-Atlantic H & JGaines County, TX618 BBLs159 MCFJan 2024
GieseckeGaines County, TX815 BBLs0 MCFDec 2023
HardbergerGaines County, TX694 BBLs0 MCFDec 2023
McGuireGaines County, TX368 BBLs0 MCFDec 2023
R. WhitakerGaines County, TX523 BBLs0 MCFJan 2024
Reagan CSL 297-20Gaines County, TX583 BBLs41 MCFDec 2023
Samedan-McGuireGaines County, TX0 BBLs0 MCFFeb 2002
TerrellGaines County, TX1,582 BBLs0 MCFJan 2024
Terry County School LandGaines County, TX1,496 BBLs0 MCFJan 2024
WarrenGaines County, TX205 BBLs0 MCFJan 2024

Owners of Forbes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023SLANT OPERATING LLCFORBES W#1SLANT OPERATIN
2023KIMBELL ROYALTY HOLDINGS LLC-FWFORBES W#1SLANT OPERATIN
2023BRACE THOMAS ALANFORBES W#1SLANT OPERATIN
2023SOFTSEARCH INVESTMENT LPFORBES W#1SLANT OPERATIN
2023SOFTVEST MANAGEMENT LPFORBES W#1SLANT OPERATIN
2023SOFTVEST LPFORBES W#1SLANT OPERATIN
2023SLANT OPERATING LLCFORBES -17SLANT OPERATIN
2023SLICK TOM MEM TR-SW FDN BIOMEDFORBES W#1SLANT OPERATIN
Displaying 8 of 54 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-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
8A-68221FORBES 17Nov 2022PHILLIPS 66 COMPANY
8A-68218FORBESNov 2022PHILLIPS 66 COMPANY
8A-68218FORBESOct 2022PHILLIPS 66 COMPANY
8A-68218FORBESSep 2022PHILLIPS 66 COMPANY
8A-68218FORBESAug 2022PHILLIPS 66 COMPANY
8A-68218FORBESJul 2022PHILLIPS 66 COMPANY
8A-68218FORBESJun 2022PHILLIPS 66 COMPANY
8A-68218FORBESMay 2022PHILLIPS 66 COMPANY
8A-68218FORBESMar 2022PHILLIPS 66 COMPANY
8A-68218FORBESFeb 2022PHILLIPS 66 COMPANY
8A-68218FORBESJan 2022PHILLIPS 66 COMPANY
8A-68218FORBESDec 2021PHILLIPS 66 COMPANY
8A-68218FORBESNov 2021PHILLIPS 66 COMPANY