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 - Apr 2026
Total Oil Production84,595 BBLs
Total Gas Production2,383,540 MCF
Recent Oil Production125 BBLs in Mar 2026
Recent Gas Production1,635 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Babe 940

ShaleAssessment™

$8,279 *

MarketMultiple™

$25,893 **

* 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 Apr 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, TX108 BBLs1,966 MCFApr 2026
BaileyLipscomb County, TX292 BBLs8,680 MCFApr 2026
BlauLipscomb County, TX0 BBLs324 MCFMar 2026
BrillhartLipscomb County, TX60 BBLs10,079 MCFApr 2026
Buddy 998Lipscomb County, TX420 BBLs3,732 MCFApr 2026
Chance 1086Lipscomb County, TX159 BBLs422 MCFApr 2026
Collette 1029Lipscomb County, TX210 BBLs1,197 MCFApr 2026
DooneyLipscomb County, TX202 BBLs1,668 MCFApr 2026
DukeOchiltree County, TX17 BBLs1,039 MCFApr 2026
Frosty 912Ochiltree County, TX212 BBLs4,671 MCFApr 2026
GinterLipscomb County, TX10 BBLs0 MCFMar 2026
GrayLipscomb County, TX0 BBLs229 MCFApr 2026
HalliburtonOchiltree County, TX499 BBLs10,462 MCFApr 2026
HerbertLipscomb County, TX0 BBLs34 MCFApr 2026
KatherineLipscomb County, TX139 BBLs120 MCFApr 2026
Paine BroLipscomb County, TX49 BBLs481 MCFApr 2026
Reckless 1028Lipscomb County, TX478 BBLs2,275 MCFApr 2026
ReynoldsLipscomb County, TX125 BBLs339 MCFApr 2026
SpencerOchiltree County, TX283 BBLs1,394 MCFApr 2026
Stormy 1084Lipscomb County, TX198 BBLs1,835 MCFApr 2026

Companies in the Area

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

Company Name
Amarillo Exploration, Inc.
Apache Corporation
Avalanche Oil & Gas LLC
Berexco Inc.
Courson Oil & Gas, Inc.
Highmark Energy 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
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.