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 - Jun 2026
Total Oil Production307,926 BBLs
Total Gas Production153,766 MCF
Recent Oil Production411 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property6

Our Valuation Estimates for Russell L. B

ShaleAssessment™

$13,871 *

MarketMultiple™

$44,949 **

* 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 Jun 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, TX399 BBLs427 MCFJun 2026
BromiosGaines County, TX338 BBLs711 MCFJun 2026
Carm-Ann San Andres UnitGaines County, TX5,822 BBLs0 MCFJun 2026
Colgan St. AGaines County, TX277 BBLs0 MCFJun 2026
ConeGaines County, TX2 BBLs0 MCFJun 2026
CupidGaines County, TX555 BBLs247 MCFJun 2026
E. C. M. LeaseGaines County, TX0 BBLs0 MCFJan 2025
Good BullGaines County, TX381 BBLs0 MCFJun 2026
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Lucky TexanAndrews County, TX798 BBLs0 MCFJun 2026
MayoGaines County, TX29 BBLs0 MCFJun 2026
McConal-ClarkGaines County, TX512 BBLs0 MCFJun 2026
PerseusAndrews County, TX337 BBLs630 MCFJun 2026
ProserpinaAndrews County, TX772 BBLs929 MCFJun 2026
ScipioGaines County, TX392 BBLs396 MCFJun 2026
SimpsonGaines County, TX0 BBLs0 MCFDec 2025
Thompson BGaines County, TX1,669 BBLs0 MCFJun 2026
TiberiusGaines County, TX340 BBLs413 MCFJun 2026
WinklesGaines County, TX360 BBLs0 MCFJun 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
Ctoc Energy, LLC
Dallas Production, Inc.
Eagle Capital Partners, LLC
Extex Operating Company
Jetta Operating Company, Inc.
Lynx Operating Co., Inc.
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
2026EXTEX OPERATING COMPANYRUSSELL L BEXTEX OPERATIN
2026BURLINGTON RESOURCES OIL & GASRUSSELL L BEXTEX OPERATIN
2026MMT K TRUSTRUSSELL L BEXTEX OPERATIN
2026MORLEY JOHN ARDENRUSSELL L BEXTEX OPERATIN
2026RUSSELL TR FBO VK LOWENSTEINRUSSELL L BEXTEX OPERATIN
2026COWEN MALINDA LYLESRUSSELL L BEXTEX OPERATIN
2026SCALES ANNERUSSELL L BEXTEX OPERATIN
2026MURPH 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.Mar 2026ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Feb 2026ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
8A-64291RUSSELL, L. B.Jan 2026ENERGY TRANSFER CRUDE MARKETING LLCEXTEX OPERATING COMPANY
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