Petty Unit 48

Oil & Gas Property in Howard County, TX

  2. Texas
  3. Howard County, TX
  4. Oil & Gas Properties in Howard County, TX
  5. Petty Unit 48 Oil & Gas Property

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Property Summary

Key data points for Petty Unit 48

CountiesHoward County, TX
Martin County, TX
Production DatesJul 1995 - Sep 2023
Total Oil Production113,693 BBLs
Total Gas Production433,263 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for Petty Unit 48

ShaleAssessment™

$14,889 *

MarketMultiple™

$0 **

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

Based on a decimal interest

Petty Unit 48 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Petty Unit 48
from Jul 1995 to Sep 2023

Wells on Petty Unit 48

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-227-34921PETTY UNIT 48 1COBRA OIL & GAS CORPORATIONPlugged Oil WellHoward County, TX32.370502-101.689768
42-227-36345PETTY UNIT 48 2New Height Energy, LLCShut InHoward County, TX32.371488-101.688288
42-317-36547PETTY UNIT 48A 3New Height Energy, LLCShut InMartin County, TX32.374485-101.692899

Leases included in Petty Unit 48

Lease #Lease NameOperatorCounty
08-34577PETTY UNIT 48COBRA OIL & GAS CORPORATIONHoward County, TX
08-40330PETTY UNIT 48New Height Energy, LLCHoward County, TX
08-45109PETTY UNIT 48ANew Height Energy, LLCMartin County, TX

Operators Associated With Petty Unit 48

Nearby Properties

These are the closest 20 properties to the Petty Unit 48 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A LloydMartin County, TX216 BBLs1,538 MCFJun 2026
Demon Deacon 22-25Howard County, TX18,457 BBLs331,532 MCFJun 2026
Elias 16-9Martin County, TX72,731 BBLs553,309 MCFJun 2026
GaskinsHoward County, TX240 BBLs1,659 MCFJun 2026
GranthamMartin County, TX34,635 BBLs298,721 MCFJun 2026
HughesMartin County, TX25,212 BBLs359,646 MCFJun 2026
Jackson 50Martin County, TX318 BBLs2,821 MCFJun 2026
JM Davis 42Howard County, TX443 BBLs7,476 MCFJun 2026
LillyHoward County, TX8,144 BBLs130,765 MCFJun 2026
LloydHoward County, TX277 BBLs4,650 MCFJun 2026
Newcomer 41Howard County, TX165 BBLs2,943 MCFJun 2026
NicholsHoward County, TX8,625 BBLs100,620 MCFJun 2026
Nichols East UnitHoward County, TX4,526 BBLs96,605 MCFJun 2026
Otb Johnson FMartin County, TX118 BBLs2,405 MCFJun 2026
Otb Obrien 43Martin County, TX132 BBLs4,165 MCFJun 2026
PPH 47Martin County, TX115 BBLs991 MCFJun 2026
S. O. Williams 21Howard County, TX0 BBLs0 MCFApr 2026
Todd 17Howard County, TX0 BBLs265 MCFJun 2026
WF Davis 41Howard County, TX111 BBLs1,843 MCFJun 2026
WilliamsHoward County, TX5,678 BBLs131,621 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Petty Unit 48 property.

Company Name
Baytech Inc
Birch Operations, Inc.
Blair, Jack N.
Breitburn Operating LP
Cobra Oil & Gas Corporation
Collins & Ware, Inc.
Crownquest Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Mak-J Energy Partners(TX),LTD.
New Height Energy, LLC
Oxyrock Operating, LLC
Petroplex Energy Inc.
QP, Inc.
R & R Oil & Gas LLC
R K Petroleum Corp.
Rafter T Resources LLC
Red Highland Resources LLC
Resolute Natural Res. Co., LLC

Owners of Petty Unit 48

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026NEW HEIGHT ENERGY LLCPETTY UNIT 48A #3NEW HEIGHT ENERGY, LLC
2026KING MICHAEL LEEPETTY UNIT 48A #3NEW HEIGHT ENERGY, LLC
2026VIPER ENERGY PARTNERS LLCPETTY UNIT 48 #2NEW HEIGHT ENERGY, LLC
2026WILLIAMS CATHY ANNPETTY UNIT 48 #2NEW HEIGHT ENERGY, LLC
2026MCNALLEN SANDRA KAYPETTY UNIT 48A #3NEW HEIGHT ENERGY, LLC
2026RIVERBEND OIL & GAS IX INVESTPETTY UNIT 48A #3NEW HEIGHT ENERGY, LLC
2026S FAMILY PARTNERS LTDPETTY UNIT 48A #3NEW HEIGHT ENERGY, LLC
2026ALEXANDER FLOSSY ANNPETTY UNIT 48 #2NEW HEIGHT ENERGY, LLC
Displaying 8 of 32 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Petty Unit 48

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-40330PETTY UNIT 48Dec 2024SCOUT ENERGY MANAGEMENT LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Jul 2022ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Jun 2022ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48May 2022ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Apr 2022ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Mar 2022ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48AFeb 2022WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Feb 2022ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Feb 2022WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48AFeb 2022SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48AJan 2022WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Jan 2022WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Dec 2021ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48ADec 2021SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48ADec 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Dec 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48ANov 2021SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Nov 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Nov 2021ENERGY TRANSFER CRUDE MARKETING LLCSCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48ANov 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48AOct 2021SHELL TRADING (US) COMPANYSCOUT ENERGY MANAGEMENT LLC
08-45109PETTY UNIT 48AOct 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Oct 2021GIBSON ENERGY MARKETING, LLCSCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Oct 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC
08-40330PETTY UNIT 48Sep 2021WTG GAS PROCESSING, L.P.SCOUT ENERGY MANAGEMENT LLC