Lake

Oil & Gas Property in Jack County, TX

  2. Texas
  3. Jack County, TX
  4. Oil & Gas Properties in Jack County, TX
  5. Lake Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Lake

CountyJack County, TX
OperatorBEST PETROLEUM EXPLORATIONS,INC.
Production DatesJan 2012 - Nov 2025
Total Oil Production121,896 BBLs
Total Gas Production538,414 MCF
Recent Oil Production0 BBLs in Oct 2025
Recent Gas Production280 MCF in Oct 2025
Wells on Property4

Our Valuation Estimates for Lake

ShaleAssessment™

$4,419 *

MarketMultiple™

$3,161 **

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

Based on a decimal interest

Lake Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lake
from Jan 2012 to Nov 2025

Wells on Lake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-237-39446LAKE 1BEST PETROLEUM EXPLORATIONS,INC.Shut InJack County, TX33.267938-98.359631
42-237-39529LAKE 2BEST PETROLEUM EXPLORATIONS,INC.Oil WellJack County, TX33.267927-98.356620
42-237-39610LAKE 3BEST PETROLEUM EXPLORATIONS,INC.Temp AbandonedJack County, TX33.265222-98.359702
42-237-40518LAKE 4BEST PETROLEUM EXPLORATIONS,INC.ProducingJack County, TX33.262476-98.356094

Leases included in Lake

Lease #Lease NameOperatorCountyMonthly Gas Prod.
09-283796LAKE 3BEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-32151LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-32190LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-33020LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-33876LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX

Nearby Properties

These are the closest 20 properties to the Lake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllarJack County, TX24 BBLs1,159 MCFNov 2025
Allar Company AJack County, TX16 BBLs510 MCFNov 2025
Blair, MaryJack County, TX0 BBLs68 MCFNov 2025
CarterJack County, TX262 BBLs0 MCFNov 2025
ClaytonJack County, TX12 BBLs415 MCFNov 2025
CozartJack County, TX9 BBLs923 MCFNov 2025
EasterJack County, TX24 BBLs2,321 MCFNov 2025
Flo-CoopJack County, TX81 BBLs0 MCFNov 2025
GrahamJack County, TX102 BBLs811 MCFNov 2025
J. R. Clayton Ranch (Caddo) UnitJack County, TX380 BBLs0 MCFNov 2025
Jones, LowellJack County, TX0 BBLs107 MCFNov 2025
KingJack County, TX85 BBLs187 MCFNov 2025
LovingJack County, TX66 BBLs890 MCFNov 2025
Loving J.W. EstateJack County, TX0 BBLs0 MCFAug 2025
RoneyJack County, TX85 BBLs358 MCFNov 2025
Sanders B. GJack County, TX62 BBLs0 MCFNov 2025
South EasterJack County, TX136 BBLs823 MCFNov 2025
SublettJack County, TX87 BBLs363 MCFNov 2025
WareJack County, TX20 BBLs496 MCFNov 2025
WiltonJack County, TX95 BBLs642 MCFNov 2025

Companies in the Area

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

Company Name
Best Petroleum Explorations,Inc.
Bridwell Oil Company
Brown, Frank
Corda Corporation
D L Operating
Farmer, Lewis & Hayden
Jay Management Company, LLC
M & A Oil Company, LTD.
Mayfield Engineering Service
Miles Production Co.
Mitchell Energy Corp
North Texas Plugging, LLC
P & M Construction
Petex
Rio Bravo Production, LLC
Rocking, R, Drilling & Prod Co.
Sage Oil And Gas, LLC
Shanks, Bob
Sierra Exploration Company
Xplore Operating, LLC

Owners of Lake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BEST PETROLEUM EXP INCLAKE #2BEST PETROLEUM EXPL
2025BEST PETROLEUM EXP INCLAKE #4BEST PETROLEUM EXPL

Oil & Gas Sales on Lake

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-33876LAKEOct 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKESep 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEAug 2025TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEAug 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJul 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJun 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMay 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMay 2025TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEApr 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMar 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEFeb 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJan 2025COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEDec 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEDec 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKENov 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEOct 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKESep 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEAug 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJul 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJul 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEJul 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJun 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEJun 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMay 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEMay 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.