Galveston 215 1

Oil & Gas Property in Galveston Large Block Offshore, TX

Property Summary

Key data points for Galveston 215 1

CountyGalveston Large Block Offshore, TX
Production DatesOct 2004 - Jan 2024
Total Oil Production2,332,575 BBLs
Total Gas Production3,222,072 MCF
Recent Oil Production1,636 BBLs in Dec 2023
Recent Gas Production1,947 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Galveston 215 1

ShaleAssessment

$227,425 *

MarketMultiple

$240,814 **

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

Based on a decimal interest

Galveston 215 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Galveston 215 1
from Oct 2004 to Jan 2024

Wells on Galveston 215 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-706-30236GALVESTON 215 1EMERALD GATHER AND TRANS, LLCProducingGalveston Large Block Offshore, TX29.126466-94.821870

Leases included in Galveston 215 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-196708GALVESTON 215 1NORTHSTAR GULFSANDS, LLCGalveston Large Block Offshore, TX
03-208232GALVESTON 215 1EMERALD GATHER AND TRANS, LLCGalveston Large Block Offshore, TX

Operators Associated With Galveston 215 1

Nearby Properties

These are the closest 2 properties to the Galveston 215 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S. T. 186-L S/2 Se/4Galveston Large Block Offshore, TX2,055 BBLs1,615 MCFJan 2024
S.T. 21Galveston Large Block Offshore, TX3,166 BBLs3,020 MCFJan 2024

Companies in the Area

These are the closest 1 companies operating near the Galveston 215 1 property.

Company Name
Emerald Gather And Trans, LLC

Owners of Galveston 215 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023EXEMPT-STATE OF TEXASGALVESTON 215 #1EMERALD GATHER
2023EMERALD GATHERING & TRANSMISSION LLGALVESTON 215 #1EMERALD GATHER