Russell L. B

Oil & Gas Property in Gaines County, TX

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

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Property Summary

Key data points for Russell L. B

CountyGaines County, TX
OperatorEXTEX OPERATING COMPANY
Production DatesJan 1993 - Oct 2025
Total Oil Production305,127 BBLs
Total Gas Production153,766 MCF
Recent Oil Production355 BBLs in Sep 2025
Recent Gas Production0 MCF in Sep 2025
Wells on Property6

Our Valuation Estimates for Russell L. B

ShaleAssessment™

$15,220 *

MarketMultiple™

$38,071 **

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

Based on a decimal interest

Russell L. B Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Russell L. B
from Jan 1993 to Oct 2025

Wells on Russell L. B

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-01504RUSSELL L. B. 1WEXTEX OPERATING COMPANYInjectionGaines County, TX32.540969-102.626136
42-165-32738RUSSELL L. B. 2EXTEX OPERATING COMPANYProducingGaines County, TX32.544712-102.627217
42-165-32911RUSSELL L. B. 3EXTEX OPERATING COMPANYProducingGaines County, TX32.545551-102.623230
42-165-33361RUSSELL L. B. 4EXTEX OPERATING COMPANYShut InGaines County, TX32.542844-102.621751
42-165-34296RUSSELL L. B. 5EXTEX OPERATING COMPANYShut InGaines County, TX32.542999-102.624593
42-165-36538RUSSELL L. B. 6EXTEX OPERATING COMPANYShut InGaines County, TX32.540440-102.624394

Leases included in Russell L. B

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-64291RUSSELL, L. B.EXTEX OPERATING COMPANYGaines County, TX

Nearby Properties

These are the closest 20 properties to the Russell L. B property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFOct 2022
ApolloGaines County, TX470 BBLs1,306 MCFOct 2025
AureliusGaines County, TX279 BBLs783 MCFOct 2025
Carm-Ann San Andres UnitGaines County, TX5,901 BBLs0 MCFOct 2025
Colgan St. AGaines County, TX294 BBLs0 MCFOct 2025
ConeGaines County, TX4 BBLs0 MCFOct 2025
CupidGaines County, TX343 BBLs544 MCFOct 2025
E. C. M. LeaseGaines County, TX0 BBLs0 MCFJan 2025
Good BullGaines County, TX325 BBLs0 MCFOct 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Little DukeGaines County, TX408 BBLs0 MCFOct 2025
MayoGaines County, TX28 BBLs0 MCFOct 2025
McConal-ClarkGaines County, TX630 BBLs0 MCFOct 2025
PerseusAndrews County, TX372 BBLs1,117 MCFOct 2025
ProserpinaAndrews County, TX940 BBLs3,060 MCFOct 2025
ScipioGaines County, TX331 BBLs537 MCFOct 2025
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
Thompson BGaines County, TX1,406 BBLs0 MCFOct 2025
TiberiusGaines County, TX504 BBLs622 MCFOct 2025
WinklesGaines County, TX350 BBLs0 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Russell L. B property.

Company Name
Bald Eagle Operating Inc.
Bce-Mach III LLC
Caprock Operating, Inc.
Coastal Oil & Gas Corp
Dallas Production, Inc.
E.G.L. Resources, Inc.
Eagle Capital Partners, LLC
Extex Operating Company
Jetta Operating Company, Inc.
Lynx Operating Co., Inc.
Oxy USA Inc
Oxy USA WTP LP
Parallel Petroleum LLC
Raw Oil & Gas, Inc.
Ring Energy, Inc.
Texaco E & P Inc.
Thompson, J. Cleo
Vin Fisher Operating, Inc.
Wood, McShane & Thams
Zarvona Energy LLC

Owners of Russell L. B

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025EXTEX OPERATING COMPANYRUSSELL L BEXTEX OPERATIN
2025BURLINGTON RESOURCES OIL & GASRUSSELL L BEXTEX OPERATIN
2025MMT K TRUSTRUSSELL L BEXTEX OPERATIN
2025MORLEY JOHN ARDENRUSSELL L BEXTEX OPERATIN
2025RUSSELL TR FBO VK LOWENSTEINRUSSELL L BEXTEX OPERATIN
2025COWEN MALINDA LYLESRUSSELL L BEXTEX OPERATIN
2025SCALES ANNERUSSELL L BEXTEX OPERATIN
2025MURPH JOHN HAROLD JRRUSSELL L BEXTEX OPERATIN
Displaying 8 of 27 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Russell L. B

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-64291RUSSELL, L. B.Apr 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Mar 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Feb 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jan 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Dec 2024DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Dec 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Oct 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Sep 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Aug 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jul 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jun 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.May 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Apr 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Mar 2024DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Mar 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Feb 2024DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Feb 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jan 2024DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jan 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Dec 2023DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Dec 2023ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Nov 2023ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Oct 2023ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Sep 2023DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Sep 2023ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY