Oil & Gas Property in Irion County, TX
Key data points for Lange
| County | Irion County, TX |
|---|---|
| Production Dates | Apr 2001 - Dec 2023 |
| Total Oil Production | 863,132 BBLs |
| Total Gas Production | 2,547,723 MCF |
| Recent Oil Production | 3,623 BBLs in Dec 2023 |
| Recent Gas Production | 30,153 MCF in Dec 2023 |
| Wells on Property | 9 |
Our Valuation Estimates for Lange
ShaleAssessment™
$93,482 *
MarketMultiple™
$538,802 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Lange property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Busby | Irion County, TX | 373 BBLs | 174 MCF | Jan 2024 |
| Carter | Irion County, TX | 460 BBLs | 127 MCF | Dec 2023 |
| Farmar Aa Pooled Unit | Irion County, TX | 865 BBLs | 5,875 MCF | Dec 2023 |
| Farmar Ab Pooled Unit | Irion County, TX | 457 BBLs | 8,724 MCF | Dec 2023 |
| Farmar Ac Pooled Unit | Irion County, TX | 1,030 BBLs | 4,137 MCF | Dec 2023 |
| Farmar Ad Pooled Unit | Irion County, TX | 1,674 BBLs | 13,762 MCF | Dec 2023 |
| Halcomb | Irion County, TX | 19,405 BBLs | 112,964 MCF | Dec 2023 |
| Lange Aa Pooled Unit | Irion County, TX | 543 BBLs | 5,422 MCF | Dec 2023 |
| Lange Ab Pooled Unit | Irion County, TX | 726 BBLs | 5,519 MCF | Dec 2023 |
| Lange Ac Pooled Unit | Irion County, TX | 840 BBLs | 7,527 MCF | Dec 2023 |
| Powers | Irion County, TX | 1,578 BBLs | 11,508 MCF | Dec 2023 |
| Powers A Pooled Unit | Irion County, TX | 953 BBLs | 4,853 MCF | Dec 2023 |
| Powers C Pooled Unit | Irion County, TX | 2,284 BBLs | 14,968 MCF | Dec 2023 |
| Powers D Unit | Irion County, TX | 11,415 BBLs | 34,380 MCF | Dec 2023 |
| Sugg-Farm | Irion County, TX | 86 BBLs | 0 MCF | Jan 2024 |
| Wanoreck | Irion County, TX | 8,252 BBLs | 25,196 MCF | Dec 2023 |
| Wanoreck A Pooled Unit | Irion County, TX | 1,516 BBLs | 17,760 MCF | Dec 2023 |
| Wanoreck B Pooled Unit | Irion County, TX | 2,805 BBLs | 26,395 MCF | Dec 2023 |
| Wanoreck C Pooled Unit | Irion County, TX | 722 BBLs | 3,386 MCF | Dec 2023 |
| Wanoreck D Pooled Unit | Irion County, TX | 982 BBLs | 1,803 MCF | Dec 2023 |
These are the closest 20 companies operating near the Lange property.