Oil & Gas Property in Midland County, TX
Key data points for Cumberland
| County | Midland County, TX |
|---|---|
| Production Dates | Aug 2010 - Jan 2024 |
| Total Oil Production | 5,156,553 BBLs |
| Total Gas Production | 11,141,246 MCF |
| Recent Oil Production | 41,808 BBLs in Dec 2023 |
| Recent Gas Production | 225,775 MCF in Dec 2023 |
| Wells on Property | 22 |
Our Valuation Estimates for Cumberland
ShaleAssessment™
$42,330 *
MarketMultiple™
$7,062,699 **
* 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 20 properties to the Cumberland property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Barbara | Midland County, TX | 459 BBLs | 0 MCF | Jan 2024 |
| Bayliss | Midland County, TX | 0 BBLs | 0 MCF | May 2023 |
| Bombardier | Midland County, TX | 19,280 BBLs | 186,992 MCF | Jan 2024 |
| Bus Barn | Midland County, TX | 4,956 BBLs | 9,163 MCF | Jan 2024 |
| Butler | Midland County, TX | 0 BBLs | 0 MCF | Feb 2020 |
| Fee A | Midland County, TX | 9,611 BBLs | 50,075 MCF | Jan 2024 |
| Fee CK | Midland County, TX | 0 BBLs | 0 MCF | Aug 2020 |
| Goliath | Midland County, TX | 618 BBLs | 3,839 MCF | Jan 2024 |
| Gridiron | Midland County, TX | 1,529 BBLs | 12,131 MCF | Jan 2024 |
| Keegan | Midland County, TX | 0 BBLs | 0 MCF | Oct 2023 |
| Line Drive | Midland County, TX | 19,827 BBLs | 238,266 MCF | Jan 2024 |
| Manor Park West | Midland County, TX | 9,883 BBLs | 24,685 MCF | Jan 2024 |
| Nobles | Midland County, TX | 262,428 BBLs | 578,513 MCF | Jan 2024 |
| Nobles Vertical | Midland County, TX | 530 BBLs | 1,646 MCF | Jan 2024 |
| Pecan Acres 2 | Midland County, TX | 21,436 BBLs | 69,235 MCF | Jan 2024 |
| Scharbauer | Midland County, TX | 158 BBLs | 1,849 MCF | Jan 2024 |
| Spanish Trail | Midland County, TX | 0 BBLs | 0 MCF | May 2015 |
| St E Unit | Midland County, TX | 11,296 BBLs | 126,064 MCF | Jan 2024 |
| St-St | Midland County, TX | 14,021 BBLs | 150,821 MCF | Jan 2024 |
| Trailand | Midland County, TX | 54,608 BBLs | 418,888 MCF | Jan 2024 |
These are the closest 20 companies operating near the Cumberland property.