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 - Sep 2025
Total Oil Production304,782 BBLs
Total Gas Production153,766 MCF
Recent Oil Production340 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property6

Our Valuation Estimates for Russell L. B

ShaleAssessment™

$15,414 *

MarketMultiple™

$37,959 **

* 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 Sep 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, TX521 BBLs841 MCFSep 2025
AureliusGaines County, TX314 BBLs463 MCFSep 2025
Carm-Ann San Andres UnitGaines County, TX5,209 BBLs0 MCFSep 2025
Colgan St. AGaines County, TX329 BBLs0 MCFSep 2025
ConeGaines County, TX3 BBLs0 MCFSep 2025
CupidGaines County, TX473 BBLs310 MCFSep 2025
E. C. M. LeaseGaines County, TX0 BBLs0 MCFJan 2025
Good BullGaines County, TX475 BBLs0 MCFSep 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
MayoGaines County, TX30 BBLs0 MCFSep 2025
McConal-ClarkGaines County, TX771 BBLs0 MCFSep 2025
PerseusAndrews County, TX413 BBLs652 MCFSep 2025
ProserpinaAndrews County, TX845 BBLs1,653 MCFSep 2025
ScipioGaines County, TX380 BBLs456 MCFSep 2025
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
TheaAndrews County, TX277 BBLs754 MCFSep 2025
Thompson BGaines County, TX1,425 BBLs0 MCFSep 2025
TiberiusGaines County, TX461 BBLs362 MCFSep 2025
WinklesGaines County, TX348 BBLs0 MCFSep 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
Cross Timbers Energy, LLC
Dallas Production, Inc.
E.G.L. Resources, Inc.
Extex Operating Company
Jetta Operating Company, Inc.
Lynx Operating Co., Inc.
Maverick Operating, LLC
Oxy USA Inc
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