Velma

Oil & Gas Property in Howard County, TX

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

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Property Summary

Key data points for Velma

CountyHoward County, TX
Production DatesJan 1993 - Dec 2023
Total Oil Production15,517 BBLs
Total Gas Production21 MCF
Recent Oil Production41 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Velma

ShaleAssessment™

$536 *

MarketMultiple™

$4,228 **

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

Based on a decimal interest

Velma Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Velma
from Jan 1993 to Dec 2023

Wells on Velma

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-227-01827VELMA 7JOHNSON OPERATING COMPANY, LLC.ProducingHoward County, TX32.174930-101.526951

Leases included in Velma

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-08457VELMAJOHNSON OPERATING COMPANY, LLC.Howard County, TX

Nearby Properties

These are the closest 20 properties to the Velma property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ballard 3Howard County, TX220 BBLs2,299 MCFJan 2024
BarnettHoward County, TX3,179 BBLs982 MCFJan 2024
Barnett-ConnallyHoward County, TX0 BBLs0 MCFJul 2023
Blagrave 1Howard County, TX90 BBLs202 MCFJan 2024
ConnallyHoward County, TX380 BBLs1,233 MCFJan 2024
Guitar South 17-8Howard County, TX5,833 BBLs9,475 MCFJan 2024
HewittHoward County, TX0 BBLs0 MCFApr 2023
May MarthaHoward County, TX0 BBLs0 MCFJan 2014
McKinnonHoward County, TX39 BBLs242 MCFJan 2024
OlufsenHoward County, TX0 BBLs0 MCFJul 2023
Palm Springs UnitHoward County, TX99,194 BBLs198,134 MCFJan 2024
PattersonHoward County, TX2,526 BBLs10,329 MCFJan 2024
RobbHoward County, TX108 BBLs179 MCFJan 2024
Robb WalterHoward County, TX2,770 BBLs4,383 MCFJan 2024
TurnerHoward County, TX342 BBLs1,126 MCFJan 2024
Turner A Gentry UnitHoward County, TX1,853 BBLs5,007 MCFJan 2024
Turner Connally 218Howard County, TX3,415 BBLs9,321 MCFJan 2024
W. M. IdenHoward County, TX5 BBLs0 MCFJan 2024
West Moore UnitHoward County, TX8 BBLs0 MCFJan 2024
YoungHoward County, TX2,075 BBLs6,608 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Velma property.

Company Name
Blair Exploration, Inc.
Breck Operating Corp.
Byrd Operating Company
Cobra Oil & Gas Corporation
Crownquest Operating, LLC
Hartoil Corporation
High Desert Resources, L.L.C.
McCann Corporation
Otb Operating, LLC
Ovintiv USA Inc.
Oxy USA Inc
Pioneer Natural Res. USA, Inc.
SM Energy Company
SMC Oil & Gas, Inc.
Sola Operating, LLC
Tanos Production, Inc.
Three Rivers Operating Co II LLC
TMBR/Sharp Drilling, Inc.
Trey Exploration, Inc.
Young Marshall R Oil Co

Owners of Velma

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023HIGH DESERT RESOURCES LLCVELMAHIGH DESERT RESOURCES,
2023MABEE J E & L E FDNVELMAHIGH DESERT RESOURCES,
2023HOGAN GRETTA C DESCENDANTS TRVELMAHIGH DESERT RESOURCES,
2023POWELL CONNALLYVELMAHIGH DESERT RESOURCES,
2023MABEE J E & L E FDNVELMAHIGH DESERT RESOURCES,
2023AGUA NEGRA PARTNERSHIP LTDVELMAHIGH DESERT RESOURCES,
2023HOGAN GRETTA C DESCENDANTS TRVELMAHIGH DESERT RESOURCES,
2023POWELL CONNALLYVELMAHIGH DESERT RESOURCES,
Displaying 8 of 13 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Velma

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-08457VELMANov 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMASep 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAMay 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAApr 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAMar 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAFeb 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAJan 2023BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMADec 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMANov 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAOct 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMASep 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAJul 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAMay 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAApr 2022BML INCHIGH DESERT RESOURCES, L.L.C.
08-08457VELMAMar 2022BML INC
08-08457VELMAFeb 2022BML INCWHETSTONE RESOURCES, LLC
08-08457VELMAJan 2022BML INCWHETSTONE RESOURCES, LLC
08-08457VELMADec 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMANov 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMAOct 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMASep 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMAAug 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMAJul 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMAMay 2021BML INCWHETSTONE RESOURCES, LLC
08-08457VELMAApr 2021BML INCWHETSTONE RESOURCES, LLC