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 - Feb 2026
Total Oil Production306,588 BBLs
Total Gas Production153,766 MCF
Recent Oil Production325 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property6

Our Valuation Estimates for Russell L. B

ShaleAssessment™

$14,511 *

MarketMultiple™

$41,058 **

* 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 Feb 2026

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 MCFDec 2025
ApolloGaines County, TX369 BBLs502 MCFFeb 2026
Carm-Ann San Andres UnitGaines County, TX5,669 BBLs0 MCFFeb 2026
ChaosAndrews County, TX433 BBLs382 MCFFeb 2026
Colgan St. AGaines County, TX418 BBLs0 MCFFeb 2026
ConeGaines County, TX5 BBLs0 MCFFeb 2026
E. C. M. LeaseGaines County, TX0 BBLs0 MCFJan 2025
HadrianAndrews County, TX634 BBLs1,577 MCFFeb 2026
HallAndrews County, TX168 BBLs0 MCFFeb 2026
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Lucky TexanAndrews County, TX916 BBLs0 MCFFeb 2026
MayoGaines County, TX32 BBLs0 MCFFeb 2026
McConal-ClarkGaines County, TX397 BBLs0 MCFFeb 2026
PerseusAndrews County, TX310 BBLs479 MCFFeb 2026
PolluxAndrews County, TX494 BBLs458 MCFFeb 2026
ProserpinaAndrews County, TX716 BBLs1,105 MCFFeb 2026
ScipioGaines County, TX300 BBLs178 MCFFeb 2026
SimpsonGaines County, TX0 BBLs0 MCFDec 2025
Thompson BGaines County, TX1,505 BBLs0 MCFFeb 2026
WinklesGaines County, TX399 BBLs0 MCFFeb 2026

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.
Eagle Capital Partners, LLC
Extex Operating Company
Jetta Operating Company, Inc.
Lynx Operating Co., Inc.
Maverick Operating, LLC
Oxy USA WTP LP
Parallel Petroleum LLC
Power Upp Midland 1 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.Dec 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Nov 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Oct 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Sep 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Aug 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jul 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jun 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.May 2025ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
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 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Dec 2024DCP OPERATING COMPANY, LPEXTEX 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 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Mar 2024DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Feb 2024ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Feb 2024DCP OPERATING COMPANY, LPEXTEX OPERATING COMPANY