Smith Mustang LTD. 1

Gas Property in Johnson County, TX

Property Summary

Key data points for Smith Mustang LTD. 1

CountyJohnson County, TX
OperatorFORMENTERA OPERATIONS LLC
Production DatesNov 2006 - Oct 2025
Total Oil Production0 BBLs
Total Gas Production1,987,286 MCF
Recent Oil Production0 BBLs in Sep 2025
Recent Gas Production4,376 MCF in Sep 2025
Wells on Property1

Our Valuation Estimates for Smith Mustang LTD. 1

ShaleAssessment

$11,595 *

MarketMultiple

$19,292 **

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

Based on a decimal interest

Smith Mustang LTD. 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Smith Mustang LTD. 1
from Nov 2006 to Oct 2025

Wells on Smith Mustang LTD. 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-251-31096SMITH MUSTANG LTD. 1FORMENTERA OPERATIONS LLCProducingJohnson County, TX32.238182-97.387775

Leases included in Smith Mustang LTD. 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
09-227635SMITH MUSTANG LTD. 1FORMENTERA OPERATIONS LLCJohnson County, TX

Nearby Properties

These are the closest 20 properties to the Smith Mustang LTD. 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeckyJohnson County, TX0 BBLs8,955 MCFOct 2025
BourgJohnson County, TX0 BBLs4,391 MCFOct 2025
ChipshotJohnson County, TX0 BBLs8,933 MCFOct 2025
DeanJohnson County, TX0 BBLs35 MCFOct 2025
Doc OwenJohnson County, TX0 BBLs13,937 MCFOct 2025
Jenny 1HJohnson County, TX0 BBLs4,392 MCFOct 2025
Last Chance MidgeJohnson County, TX0 BBLs3,507 MCFOct 2025
MarshallJohnson County, TX0 BBLs3,284 MCFOct 2025
McClanahan 1Johnson County, TX0 BBLs5,486 MCFOct 2025
NeavesJohnson County, TX0 BBLs0 MCFMar 2022
OwenJohnson County, TX0 BBLs7,402 MCFOct 2025
Peugh UnitHill County, TX0 BBLs2,962 MCFOct 2025
PipesHill County, TX0 BBLs0 MCFDec 2022
PoindexterJohnson County, TX0 BBLs7,817 MCFOct 2025
Sideshow Bob UnitHill County, TX0 BBLs2,745 MCFOct 2025
SkaggsJohnson County, TX0 BBLs24,620 MCFOct 2025
Smith Lowell JrJohnson County, TX0 BBLs4,267 MCFOct 2025
StretchJohnson County, TX0 BBLs0 MCFNov 2023
Whitehorn JohnJohnson County, TX0 BBLs0 MCFJun 2023
WickerJohnson County, TX0 BBLs6,621 MCFOct 2025

Owners of Smith Mustang LTD. 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025JAVELIN ENERGY PARTNERS MGMT LLCSMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025SMITH RANCH INCSMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025SMITH MUSTANG LTDSMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025TEXAS LAND CONSERVANCYSMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025VENABLE ROYALTY LTDSMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025HARWELL EDNA MARIESMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025FLEISCHAKER MINERAL COMPANYSMITH MUSTANG LTD. W#1JAVELIN ENERGY
2025HIGHT JOHNNY WAYNESMITH MUSTANG LTD. W#1JAVELIN ENERGY
Displaying 8 of 33 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Smith Mustang LTD. 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-227635SMITH MUSTANG LTD. 1Mar 2025JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Feb 2025JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Jan 2025JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Dec 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Nov 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Oct 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Sep 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Aug 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Jul 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Jun 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1May 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Apr 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Mar 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Feb 2024JAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Jan 2024ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Dec 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Nov 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Oct 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Sep 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Aug 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Jul 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Jun 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1May 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Apr 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC
09-227635SMITH MUSTANG LTD. 1Mar 2023ENLINK GAS MARKETING, LPJAVELIN ENERGY PARTNERS MANAGEMENT LLC