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" 6TERRACE PETROLEUM CORPORATIONPlugged Oil WellMidland County, TX31.826587-102.085484
42-329-34114ARMSTRONG "48" 7ARCO PERMIANPlugged Oil WellMidland County, TX31.822554-102.091580
42-329-35873ARMSTRONG "48" 8PIONEER NATURAL RES. USA, INC.Plugged Oil WellMidland 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, TX24,270 BBLs67,997 MCFJan 2026
Barrow 28Midland County, TX0 BBLs0 MCFDec 2021
BengeMidland County, TX237 BBLs4,169 MCFJan 2026
Benge MarionMidland County, TX404 BBLs3,091 MCFJan 2026
DonnaMidland County, TX117 BBLs144 MCFJan 2026
JacwilMidland County, TX387 BBLs731 MCFJan 2026
JW (Sa)Midland County, TX29,902 BBLs158,553 MCFJan 2026
JW 16Midland County, TX1,557 BBLs3,509 MCFJan 2026
Marion V. Benge Estate AMidland County, TX16,898 BBLs276,289 MCFJan 2026
Mary Scharbauer BMidland County, TX12,330 BBLs26,184 MCFJan 2026
Parks RoyMidland County, TX0 BBLs6,463 MCFJan 2026
Rio Guadalupe 22-23Midland County, TX43,928 BBLs410,321 MCFJan 2026
Rio LavacaMidland County, TX64,279 BBLs404,169 MCFJan 2026
Rio Llano 11-10Midland County, TX40,648 BBLs324,163 MCFJan 2026
Rio Pecos 27-18SL UnitMidland County, TX16,657 BBLs225,124 MCFJan 2026
Rio Rojo 27-30 Unit 1Midland County, TX4,853 BBLs72,349 MCFJan 2026
Rio San Gabriel 28-29 UnitMidland County, TX56,847 BBLs459,715 MCFJan 2026
Scharbauer-BraunMidland County, TX11 BBLs19 MCFJan 2026
SkywestMidland County, TX494 BBLs4,126 MCFJan 2026
TXL 1Midland County, TX918 BBLs3,427 MCFJan 2026

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 MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jul 2019ENTERPRISE MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jun 2019ENTERPRISE MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"May 2019ENTERPRISE MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Apr 2019ENTERPRISE MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Mar 2019ENTERPRISE MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Feb 2019ENTERPRISE MIDLAND BASIN MIDSTREAM LLCAPACHE CORPORATION
08-35272ARMSTRONG "48"Jan 2019ENTERPRISE MIDLAND BASIN MIDSTREAM 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