Babe 940

Oil & Gas Property in Lipscomb County, TX

  2. Texas
  3. Lipscomb County, TX
  4. Oil & Gas Properties in Lipscomb County, TX
  5. Babe 940 Oil & Gas Property

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Property Summary

Key data points for Babe 940

CountyLipscomb County, TX
Production DatesMay 2007 - Mar 2026
Total Oil Production84,460 BBLs
Total Gas Production2,380,997 MCF
Recent Oil Production127 BBLs in Feb 2026
Recent Gas Production2,491 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Babe 940

ShaleAssessment™

$8,374 *

MarketMultiple™

$26,422 **

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

Based on a decimal interest

Babe 940 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Babe 940
from May 2007 to Mar 2026

Wells on Babe 940

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-295-33155BABE 940 3HPRESIDIO PETROLEUM LLCTemp AbandonedLipscomb County, TX36.353014-100.518602
42-295-33755BABE 940 2HMCOURSON OIL & GAS, INC.ProducingLipscomb County, TX36.346701-100.514671
42-295-33788BABE 940 4HMCOURSON OIL & GAS, INC.ProducingLipscomb County, TX36.362447-100.527447

Leases included in Babe 940

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-08718BABE 940COURSON OIL & GAS, INC.Lipscomb County, TX
10-228570BABE 940 3HPRESIDIO PETROLEUM LLCLipscomb County, TX

Operators Associated With Babe 940

Nearby Properties

These are the closest 20 properties to the Babe 940 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angel 909Lipscomb County, TX107 BBLs1,942 MCFMar 2026
BaileyLipscomb County, TX315 BBLs8,208 MCFMar 2026
BlauLipscomb County, TX0 BBLs212 MCFFeb 2026
BrillhartLipscomb County, TX358 BBLs10,711 MCFMar 2026
Buddy 998Lipscomb County, TX380 BBLs3,323 MCFMar 2026
Chance 1086Lipscomb County, TX166 BBLs410 MCFMar 2026
Collette 1029Lipscomb County, TX226 BBLs1,084 MCFMar 2026
DooneyLipscomb County, TX190 BBLs1,624 MCFMar 2026
DukeOchiltree County, TX13 BBLs948 MCFMar 2026
Frosty 912Ochiltree County, TX174 BBLs4,471 MCFMar 2026
GinterLipscomb County, TX10 BBLs0 MCFFeb 2026
GrayLipscomb County, TX0 BBLs0 MCFJan 2026
HalliburtonOchiltree County, TX514 BBLs9,879 MCFMar 2026
HerbertLipscomb County, TX0 BBLs787 MCFMar 2026
KatherineLipscomb County, TX70 BBLs1,692 MCFMar 2026
Paine BroLipscomb County, TX36 BBLs433 MCFMar 2026
Reckless 1028Lipscomb County, TX440 BBLs2,076 MCFMar 2026
ReynoldsLipscomb County, TX104 BBLs313 MCFMar 2026
SpencerOchiltree County, TX273 BBLs1,231 MCFMar 2026
Stormy 1084Lipscomb County, TX228 BBLs1,694 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Babe 940 property.

Company Name
Amarillo Exploration, Inc.
Apache Corporation
Berexco Inc.
ConocoPhillips Company
Courson Oil & Gas, Inc.
EOG Resources Inc
Holmes Exploration, LLC
Horizon Natural Gas Company
Kerr-McGee Corporation
King Operating Corporation
Mewbourne Oil Company
Midstates Petroleum Company LLC
Natural Gas Anadarko Company
Overflow Energy, LLC
Phillips Petroleum Company
Presidio Petroleum LLC
Sandlot Oil & Gas LLC
Unbridled Resources, LLC
Washita Oil And Gas, L.L.C.
Williford Energy Company

Owners of Babe 940

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025COURSON OIL & GAS INCBABE 940 2HMCOURSON OIL & GAS IN
2025ROBBINS JOHNBABE 940 2HMCOURSON OIL & GAS IN
2025CONCORD ROYALTIES LLCBABE 940 2HMCOURSON OIL & GAS IN
2025LOESCH DELMAR & KARENBABE 940 2HMCOURSON OIL & GAS IN
2025LOESCH CLIFFTON RAYBABE 940 2HMCOURSON OIL & GAS IN
2025REESE CAROL & JAMES JTWFROSBABE 940 2HMCOURSON OIL & GAS IN
2025COTTER FAMILY LPBABE 940 2HMCOURSON OIL & GAS IN
2025WINTERS CARLTON RBABE 940 2HMCOURSON OIL & GAS IN
Displaying 8 of 95 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Babe 940

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-08718BABE 940Feb 2026ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Feb 2026DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Feb 2026COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Dec 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Dec 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Dec 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Dec 2025VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Nov 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Nov 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Nov 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Oct 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Oct 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Oct 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Sep 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Sep 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Sep 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Sep 2025VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Aug 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Aug 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Aug 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Jul 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.