Oil & Gas Property in Lubbock County, TX
Key data points for Idalou Unit
| County | Lubbock County, TX |
|---|---|
| Operator | TEXLAND PETROLEUM, L.P. |
| Production Dates | Jan 1993 - Jan 2024 |
| Total Oil Production | 2,244,179 BBLs |
| Total Gas Production | 8,664 MCF |
| Recent Oil Production | 4,044 BBLs in Dec 2023 |
| Recent Gas Production | 16 MCF in Dec 2023 |
| Wells on Property | 22 |
Our Valuation Estimates for Idalou Unit
ShaleAssessment™
$221,029 *
MarketMultiple™
$557,255 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 2 properties to the Idalou Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Cone | Lubbock County, TX | 0 BBLs | 0 MCF | Jun 2017 |
| Texas Tech | Lubbock County, TX | 1,005 BBLs | 2 MCF | Jan 2024 |
These are the closest 4 companies operating near the Idalou Unit property.
| Company Name |
|---|
| Headington Oil Company |
| Mewbourne Oil Company |
| Socorro Exploration, Inc. |
| Winn Operating, LLC |