Armstrong 48

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Armstrong 48

CountyMidland County, TX
Production DatesMar 1997 - Apr 2020
Total Oil Production467,212 BBLs
Total Gas Production818,473 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property10

Our Valuation Estimates for Armstrong 48

ShaleAssessment

$29,094 *

MarketMultiple

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Armstrong 48 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Armstrong 48
from Mar 1997 to Apr 2020

Wells on Armstrong 48

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-33622ARMSTRONG "48" 1TERRACE PETROLEUM CORPORATIONPlugged Oil WellMidland County, TX31.824871-102.097366
42-329-33716ARMSTRONG "48" 2TERRACE PETROLEUM CORPORATIONPlugged Oil WellMidland County, TX31.830284-102.090065
42-329-33743ARMSTRONG 48 3APACHE CORPORATIONShut InMidland County, TX31.817834-102.095069
42-329-33764ARMSTRONG 48 4APACHE CORPORATIONShut InMidland County, TX31.819604-102.087213
42-329-33946ARMSTRONG "48" 5TERRACE PETROLEUM CORPORATIONPlugged Oil WellMidland County, TX31.829284-102.094395
42-329-34063ARMSTRONG 48 6APACHE CORPORATIONProducingMidland County, TX31.826587-102.085484
42-329-34114ARMSTRONG 48 7APACHE CORPORATIONShut InMidland County, TX31.825684-102.091248
42-329-35873ARMSTRONG 48 8APACHE CORPORATIONShut InMidland County, TX31.828382-102.098495
42-329-35891ARMSTRONG 48 9APACHE CORPORATIONShut InMidland County, TX31.821356-102.096234
42-329-35892ARMSTRONG "48" 10PIONEER NATURAL RES. USA, INC.Plugged Oil WellMidland County, TX31.826763-102.089278

Leases included in Armstrong 48

Lease #Lease NameOperatorCounty
08-35272ARMSTRONG "48"APACHE CORPORATIONMidland County, TX

Nearby Properties

These are the closest 20 properties to the Armstrong 48 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arch BengeMidland County, TX3,679 BBLs27,554 MCFJan 2024
Barrow 28Midland County, TX0 BBLs0 MCFDec 2021
BengeMidland County, TX76 BBLs4,164 MCFJan 2024
Benge MarionMidland County, TX419 BBLs3,402 MCFJan 2024
DonnaMidland County, TX109 BBLs120 MCFJan 2024
JacwilMidland County, TX0 BBLs888 MCFJan 2024
JW (Sa)Midland County, TX69,620 BBLs129,604 MCFJan 2024
JW 16Midland County, TX244 BBLs217 MCFJan 2024
Marion V. Benge Estate AMidland County, TX23,946 BBLs216,279 MCFJan 2024
Mary ScharbauerMidland County, TX6,916 BBLs72,552 MCFJan 2024
Parks RoyMidland County, TX574 BBLs7,416 MCFJan 2024
Rio Guadalupe 22-23Midland County, TX96,937 BBLs511,475 MCFJan 2024
Rio LavacaMidland County, TX72,208 BBLs374,726 MCFJan 2024
Rio Llano 11-10Midland County, TX59,644 BBLs326,672 MCFJan 2024
Rio Pecos 27-18SL UnitMidland County, TX25,659 BBLs236,115 MCFJan 2024
Rio Rojo 27-30 Unit 1Midland County, TX7,378 BBLs52,792 MCFJan 2024
Rio San Gabriel 28-29 UnitMidland County, TX58,769 BBLs281,805 MCFJan 2024
Scharbauer-BraunMidland County, TX17 BBLs6 MCFJan 2024
SkywestMidland County, TX1,138 BBLs4,553 MCFJan 2024
TXL 1Midland County, TX1,510 BBLs2,995 MCFJan 2024

Oil & Gas Sales on Armstrong 48

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-35272ARMSTRONG "48"May 2020ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Apr 2020ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Mar 2020ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Feb 2020ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jan 2020ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Dec 2019ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Dec 2019APACHE CORPORATIONAPACHE CORPORATION
08-35272ARMSTRONG "48"Nov 2019ENTERPRISE CRUDE OIL LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Sep 2019APACHE CORPORATIONAPACHE CORPORATION
08-35272ARMSTRONG "48"Aug 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jul 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jun 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"May 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Apr 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Mar 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Feb 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jan 2019ENTERPRISE NAVITAS MIDSTREAM MIDLAND BASIN LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Nov 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"Oct 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"Sep 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"Aug 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"Jul 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"Jun 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"May 2018CHEVRON U.S.A. INC.APACHE CORPORATION
08-35272ARMSTRONG "48"Feb 2018CHEVRON U.S.A. INC.APACHE CORPORATION