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, TX46,161 BBLs88,262 MCFApr 2025
Barrow 28Midland County, TX0 BBLs0 MCFDec 2021
BengeMidland County, TX15 BBLs256 MCFApr 2025
Benge MarionMidland County, TX217 BBLs1,177 MCFApr 2025
JacwilMidland County, TX66 BBLs409 MCFApr 2025
JW (Sa)Midland County, TX41,677 BBLs121,171 MCFApr 2025
JW 16Midland County, TX1,559 BBLs2,367 MCFApr 2025
Marion V. Benge Estate AMidland County, TX20,607 BBLs314,029 MCFApr 2025
Mary Scharbauer BMidland County, TX16,359 BBLs26,805 MCFApr 2025
Parks RoyMidland County, TX0 BBLs0 MCFApr 2025
Rio Guadalupe 22-23Midland County, TX53,901 BBLs410,526 MCFApr 2025
Rio LavacaMidland County, TX97,968 BBLs357,809 MCFApr 2025
Rio Llano 11-10Midland County, TX49,631 BBLs324,446 MCFApr 2025
Rio Pecos 27-18SL UnitMidland County, TX17,756 BBLs219,452 MCFApr 2025
Rio Rojo 27-30 Unit 1Midland County, TX7,289 BBLs83,709 MCFApr 2025
Rio San Gabriel 28-29 UnitMidland County, TX93,778 BBLs434,758 MCFApr 2025
Scharbauer-BraunMidland County, TX123 BBLs31 MCFApr 2025
SkywestMidland County, TX725 BBLs3,875 MCFApr 2025
TXL 1Midland County, TX1,307 BBLs4,288 MCFApr 2025
WilkinsonMidland County, TX0 BBLs0 MCFDec 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 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