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, TX26,176 BBLs67,209 MCFNov 2025
Barrow 28Midland County, TX0 BBLs0 MCFJan 2022
BengeMidland County, TX167 BBLs5,949 MCFNov 2025
Benge MarionMidland County, TX236 BBLs2,753 MCFNov 2025
JacwilMidland County, TX317 BBLs528 MCFNov 2025
JW (Sa)Midland County, TX32,284 BBLs149,798 MCFNov 2025
JW 16Midland County, TX1,412 BBLs3,518 MCFNov 2025
Marion V. Benge Estate AMidland County, TX18,502 BBLs290,435 MCFNov 2025
Mary Scharbauer BMidland County, TX12,709 BBLs25,692 MCFNov 2025
Parks RoyMidland County, TX0 BBLs2,507 MCFNov 2025
Rio Guadalupe 22-23Midland County, TX45,607 BBLs376,401 MCFNov 2025
Rio LavacaMidland County, TX65,128 BBLs316,518 MCFNov 2025
Rio Llano 11-10Midland County, TX42,676 BBLs312,653 MCFNov 2025
Rio Pecos 27-18SL UnitMidland County, TX15,199 BBLs203,830 MCFNov 2025
Rio Rojo 27-30 Unit 1Midland County, TX5,999 BBLs75,742 MCFNov 2025
Rio San Gabriel 28-29 UnitMidland County, TX59,491 BBLs460,103 MCFNov 2025
Scharbauer-BraunMidland County, TX78 BBLs459 MCFNov 2025
SkywestMidland County, TX595 BBLs3,813 MCFNov 2025
TXL 1Midland County, TX808 BBLs3,595 MCFNov 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