Oil & Gas Property in Lubbock County, TX
Key data points for Texas Tech
County | Lubbock County, TX |
---|---|
Operator | SOCORRO EXPLORATION, INC. |
Production Dates | Jan 1993 - Dec 2023 |
Total Oil Production | 526,392 BBLs |
Total Gas Production | 1,492 MCF |
Recent Oil Production | 825 BBLs in Nov 2023 |
Recent Gas Production | 2 MCF in Nov 2023 |
Wells on Property | 9 |
Our Valuation Estimates for Texas Tech
ShaleAssessment™
$59,412 *
MarketMultiple™
$125,715 **
* 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 3 properties to the Texas Tech property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Ashby | Lubbock County, TX | 0 BBLs | 0 MCF | Oct 2023 |
Cone | Lubbock County, TX | 0 BBLs | 0 MCF | Jun 2017 |
Idalou Unit | Lubbock County, TX | 3,851 BBLs | 16 MCF | Dec 2023 |
These are the closest 5 companies operating near the Texas Tech property.
Company Name |
---|
Headington Oil Company |
Mewbourne Oil Company |
SSC, Inc. |
Texland Petroleum, L.P. |
Winn Operating, LLC |