Forbes

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Forbes Oil & Gas Property

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Property Summary

Key data points for Forbes

CountyGaines County, TX
Production DatesAug 2000 - Mar 2026
Total Oil Production226,122 BBLs
Total Gas Production18,751 MCF
Recent Oil Production126 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Forbes

ShaleAssessment™

$9,838 *

MarketMultiple™

$14,055 **

* 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 Mar 2026

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, TX0 BBLs0 MCFMar 2026
BirgeGaines County, TX17 BBLs0 MCFFeb 2026
BrooksGaines County, TX116 BBLs0 MCFMar 2026
Brunson StantonGaines County, TX557 BBLs0 MCFMar 2026
EdwardsGaines County, TX109 BBLs0 MCFMar 2026
Exxon-Atlantic H & JGaines County, TX488 BBLs132 MCFMar 2026
GieseckeGaines County, TX476 BBLs0 MCFFeb 2026
HardbergerGaines County, TX257 BBLs0 MCFFeb 2026
McGuireGaines County, TX210 BBLs0 MCFFeb 2026
R. WhitakerGaines County, TX327 BBLs0 MCFMar 2026
Reagan CSL 297-20Gaines County, TX904 BBLs220 MCFMar 2026
TerrellGaines County, TX1,397 BBLs0 MCFMar 2026
Terry County School LandGaines County, TX1,112 BBLs0 MCFMar 2026
WarrenGaines County, TX173 BBLs0 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Forbes property.

Company Name
Amerada Hess Corporation
Bristol Resources Corporation
Citation Oil & Gas Corp
Crescent Energy Operating, LLC
Eagle Capital Partners, LLC
Encore Operating LP
Enr Operating, LLC
Exxon Corporation
Flat Top Operating, LLC
Grace Petroleum Operating, LLC
Home-Stake Oil & Gas Company
Kerr-McGee Corporation
Maverick Operating, LLC
Noble Energy Inc
Platinum Exploration Inc.
Snow Oil & Gas Inc.
Tamarack Petroleum Company, Inc.
Tepee Petroleum Company, Inc.
Utoco, LTD.
Young Marshall R Oil Co

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-68218FORBESMar 2026PHILLIPS 66 COMPANY
8A-68218FORBESFeb 2026PHILLIPS 66 COMPANY
8A-68218FORBESJan 2026PHILLIPS 66 COMPANY
8A-68218FORBESNov 2025PHILLIPS 66 COMPANY
8A-68218FORBESOct 2025PHILLIPS 66 COMPANY
8A-68218FORBESSep 2025PHILLIPS 66 COMPANY
8A-68218FORBESAug 2025PHILLIPS 66 COMPANY
8A-68218FORBESJul 2025PHILLIPS 66 COMPANY
8A-68218FORBESJun 2025PHILLIPS 66 COMPANY
8A-68218FORBESMay 2025PHILLIPS 66 COMPANY
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