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 - Jun 2026
Total Oil Production84,832 BBLs
Total Gas Production2,388,564 MCF
Recent Oil Production120 BBLs in May 2026
Recent Gas Production2,585 MCF in May 2026
Wells on Property3

Our Valuation Estimates for Babe 940

ShaleAssessment™

$8,085 *

MarketMultiple™

$28,218 **

* 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 Jun 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, TX81 BBLs1,865 MCFMay 2026
BaileyLipscomb County, TX332 BBLs8,469 MCFMay 2026
BlauLipscomb County, TX0 BBLs284 MCFJun 2026
BrillhartLipscomb County, TX226 BBLs8,411 MCFJun 2026
Buddy 998Lipscomb County, TX375 BBLs3,799 MCFMay 2026
Chance 1086Lipscomb County, TX137 BBLs415 MCFMay 2026
Collette 1029Lipscomb County, TX141 BBLs1,150 MCFMay 2026
DooneyLipscomb County, TX290 BBLs2,348 MCFMay 2026
DukeOchiltree County, TX16 BBLs890 MCFJun 2026
GinterLipscomb County, TX7 BBLs0 MCFJun 2026
GrayLipscomb County, TX0 BBLs341 MCFJun 2026
HerbertLipscomb County, TX0 BBLs741 MCFJun 2026
KatherineLipscomb County, TX40 BBLs1,664 MCFJun 2026
Lesa Lynette 1027Lipscomb County, TX359 BBLs1,577 MCFMay 2026
Paine BroLipscomb County, TX54 BBLs426 MCFJun 2026
Pedro 850Ochiltree County, TX0 BBLs0 MCFFeb 2024
Reckless 1028Lipscomb County, TX398 BBLs2,229 MCFMay 2026
ReynoldsLipscomb County, TX105 BBLs326 MCFMay 2026
SpencerOchiltree County, TX256 BBLs1,368 MCFJun 2026
Stormy 1084Lipscomb County, TX206 BBLs1,880 MCFMay 2026

Companies in the Area

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

Company Name
Apache Corporation
Avalanche Oil & Gas LLC
Berexco Inc.
Courson Oil & Gas, Inc.
Enron Oil & Gas Company
General Atlantic 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
2026COURSON OIL & GAS INCBABE 940 2HMCOURSON OIL & GAS IN
2026ROBBINS JOHNBABE 940 2HMCOURSON OIL & GAS IN
2026CONCORD ROYALTIES LLCBABE 940 2HMCOURSON OIL & GAS IN
2026LOESCH DELMAR & KARENBABE 940 2HMCOURSON OIL & GAS IN
2026PRESIDIO PETROLEUM LLCBABE 940 #3HPRESIDIO PETROLEUM L
2026LOESCH CLIFFTON RAYBABE 940 2HMCOURSON OIL & GAS IN
2026WINTERS CARLTON REV LIVING TRBABE 940 2HMCOURSON OIL & GAS IN
2026WINTERS TRUSTBABE 940 2HMCOURSON OIL & GAS IN
Displaying 8 of 53 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 940Jun 2026VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940May 2026ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940May 2026DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940May 2026COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Apr 2026VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2026ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2026DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2026COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Mar 2026COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Mar 2026DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Mar 2026ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
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 2026COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Jan 2026VALERO MARKETING AND SUPPLY COMPANYCOURSON 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.