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 - Dec 2025
Total Oil Production84,653 BBLs
Total Gas Production2,374,423 MCF
Recent Oil Production175 BBLs in Nov 2025
Recent Gas Production3,163 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for Babe 940

ShaleAssessment™

$8,651 *

MarketMultiple™

$32,359 **

* 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 Dec 2025

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, TX170 BBLs2,844 MCFDec 2025
BaileyLipscomb County, TX327 BBLs10,326 MCFDec 2025
BlauLipscomb County, TX0 BBLs301 MCFDec 2025
BrillhartLipscomb County, TX77 BBLs9,720 MCFDec 2025
Buddy 998Lipscomb County, TX373 BBLs3,732 MCFDec 2025
Chance 1086Lipscomb County, TX186 BBLs550 MCFDec 2025
Collette 1029Lipscomb County, TX240 BBLs1,268 MCFDec 2025
DooneyLipscomb County, TX334 BBLs2,400 MCFDec 2025
DukeOchiltree County, TX64 BBLs1,447 MCFDec 2025
Frosty 912Ochiltree County, TX186 BBLs4,327 MCFDec 2025
GinterLipscomb County, TX50 BBLs0 MCFDec 2025
GrayLipscomb County, TX0 BBLs396 MCFNov 2025
HerbertLipscomb County, TX0 BBLs818 MCFDec 2025
KatherineLipscomb County, TX106 BBLs2,195 MCFDec 2025
Paine BroLipscomb County, TX55 BBLs462 MCFDec 2025
Reckless 1028Lipscomb County, TX513 BBLs2,480 MCFDec 2025
ReynoldsLipscomb County, TX99 BBLs341 MCFDec 2025
Sam 938Ochiltree County, TX167 BBLs2,931 MCFDec 2025
SpencerOchiltree County, TX317 BBLs1,478 MCFDec 2025
Stormy 1084Lipscomb County, TX209 BBLs1,890 MCFDec 2025

Companies in the Area

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

Company Name
Apache Corporation
Berexco Inc.
ConocoPhillips Company
Courson Oil & Gas, Inc.
EOG Resources, Inc.
Eqv Operating LLC
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
2025WINTERS TRUSTBABE 940 2HMCOURSON OIL & GAS IN
2025REESE CAROL GBABE 940 2HMCOURSON OIL & GAS IN
2025REESE CAROL & JAMES JTWFROSBABE 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 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 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Oct 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Oct 2025COURSON OIL & GAS, INC.COURSON 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.
10-08718BABE 940Jul 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Jul 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Jul 2025VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Jun 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Jun 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Jun 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Jun 2025VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940May 2025COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940May 2025DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940May 2025ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.