Circle Bar

Oil Property in Knox County, TX

Property Summary

Key data points for Circle Bar

CountyKnox County, TX
OperatorDOUBLE M PETROPROPERTIES, INC.
Production DatesAug 2022 - Jan 2024
Total Oil Production8,104 BBLs
Total Gas Production0 MCF
Recent Oil Production446 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Circle Bar

ShaleAssessment

Not Available

MarketMultiple

$51,945 **

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

Based on a decimal interest

Circle Bar Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Circle Bar
from Aug 2022 to Jan 2024

Wells on Circle Bar

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-275-32358CIRCLE BAR 1DOUBLE M PETROPROPERTIES, INC.ProducingKnox County, TX33.799744-99.802915

Leases included in Circle Bar

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-34135CIRCLE BARDOUBLE M PETROPROPERTIES, INC.Knox County, TX

Nearby Properties

These are the closest 1 properties to the Circle Bar property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Jones UnitKnox County, TX625 BBLs0 MCFJan 2024

Companies in the Area

These are the closest 1 companies operating near the Circle Bar property.

Company Name
Double M Petroproperties, Inc.

Owners of Circle Bar

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023DOUBLE M PETRO PROPERTIES INCCIRCLE BARDOUBLE M PETROPROP
2023DOUBLE M PETRO PROPERTIES INCCIRCLE BARDOUBLE M PETROPROP

Oil & Gas Sales on Circle Bar

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-34135CIRCLE BARNov 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BAROct 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARSep 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARAug 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARJul 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARJun 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARMay 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARApr 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARMar 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARFeb 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARJan 2023BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARDec 2022BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BARNov 2022BML INCDOUBLE M PETROPROPERTIES, INC.
09-34135CIRCLE BAROct 2022BML INCDOUBLE M PETROPROPERTIES, INC.