Lake

Oil & Gas Property in Jack County, TX

Property Summary

Key data points for Lake

CountyJack County, TX
OperatorBEST PETROLEUM EXPLORATIONS,INC.
Production DatesJan 2012 - Dec 2025
Total Oil Production121,896 BBLs
Total Gas Production538,749 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production335 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Lake

ShaleAssessment

$4,352 *

MarketMultiple

$2,469 **

* 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 Dec 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, TX53 BBLs976 MCFJan 2026
Allar Company AJack County, TX2 BBLs277 MCFJan 2026
Blair, MaryJack County, TX0 BBLs71 MCFJan 2026
CarterJack County, TX293 BBLs0 MCFJan 2026
ClaytonJack County, TX33 BBLs457 MCFJan 2026
CozartJack County, TX5 BBLs837 MCFDec 2025
EasterJack County, TX86 BBLs2,182 MCFJan 2026
Flo-CoopJack County, TX25 BBLs0 MCFJan 2026
GrahamJack County, TX109 BBLs772 MCFJan 2026
J. R. Clayton Ranch (Caddo) UnitJack County, TX101 BBLs0 MCFJan 2026
Jones LowellJack County, TX0 BBLs98 MCFJan 2026
KingJack County, TX4 BBLs161 MCFJan 2026
LovingJack County, TX5 BBLs826 MCFJan 2026
RoneyJack County, TX119 BBLs447 MCFJan 2026
Sanders B. GJack County, TX54 BBLs0 MCFJan 2026
South EasterJack County, TX205 BBLs832 MCFDec 2025
SublettJack County, TX114 BBLs247 MCFDec 2025
WareJack County, TX27 BBLs552 MCFJan 2026
WiltonJack County, TX87 BBLs585 MCFJan 2026
WolfeJack County, TX2 BBLs0 MCFJan 2026

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.