Letha

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Letha

CountyMidland County, TX
OperatorTRIPOD OIL AND GAS 3 LLC
Production DatesJan 1993 - Mar 2026
Total Oil Production622,544 BBLs
Total Gas Production19 MCF
Recent Oil Production30 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property7

Our Valuation Estimates for Letha

ShaleAssessment

$10,434 *

MarketMultiple

$14,006 **

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

Based on a decimal interest

Letha Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Letha
from Jan 1993 to Mar 2026

Wells on Letha

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-31087LETHA 1BRAZOS PETROLEUM CO.Horizontal Well Surface LocatioMidland County, TX31.971683-102.013194
42-329-31091LETHA 2Tripod Oil and Gas 3 LLCInjectionMidland County, TX31.970889-102.016700
42-329-31103LETHA 3Tripod Oil and Gas 3 LLCHorizontal Well Surface LocatioMidland County, TX31.974784-102.014471
42-329-31112LETHA 4BRAZOS PETROLEUM CO.Plugged Oil WellMidland County, TX31.973936-102.018230
42-329-31161LETHA 5BRAZOS PETROLEUM CO.Plugged Oil WellMidland County, TX31.976686-102.019669
42-329-31207LETHA 2ABRAZOS PETROLEUM CO.Plugged Oil WellMidland County, TX31.970515-102.016100
42-329-34564LETHA 6HTripod Oil and Gas 3 LLCHorizontal Well Surface LocatioMidland County, TX31.972813-102.015800

Leases included in Letha

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-27654LETHATripod Oil and Gas 3 LLCMidland County, TX
08-57423LETHATripod Oil and Gas 3 LLCMidland County, TX

Nearby Properties

These are the closest 20 properties to the Letha property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BaumannMidland County, TX7,549 BBLs75,673 MCFMar 2026
Brazos Jones 8Midland County, TX1,552 BBLs4,545 MCFMar 2026
BulldogMidland County, TX4,534 BBLs28,421 MCFFeb 2026
City Of MidlandMidland County, TX747 BBLs4,490 MCFMar 2026
CoonMidland County, TX110 BBLs152 MCFMar 2026
CrawfordMidland County, TX9,284 BBLs25,867 MCFMar 2026
Crawford-Tank Farm NMidland County, TX18,193 BBLs178,218 MCFMar 2026
GaultMidland County, TX357 BBLs1,038 MCFMar 2026
Gault 5Midland County, TX44,178 BBLs316,262 MCFMar 2026
JonesMidland County, TX115 BBLs35 MCFMar 2026
Keele 4Midland County, TX926 BBLs2,635 MCFMar 2026
KlapprothMidland County, TX323 BBLs1,393 MCFMar 2026
LewellenMidland County, TX409 BBLs531 MCFMar 2026
RobertsonMidland County, TX435 BBLs1,470 MCFMar 2026
Rock UnitMidland County, TX287 BBLs958 MCFMar 2026
SealesMidland County, TX210 BBLs3,227 MCFMar 2026
SempleMidland County, TX517 BBLs380 MCFMar 2026
Shull-Hanks 15Midland County, TX94,124 BBLs298,898 MCFMar 2026
SuttonMidland County, TX8 BBLs0 MCFMar 2026
WardMidland County, TX249 BBLs27 MCFMar 2026

Oil & Gas Sales on Letha

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-57423LETHAMar 2026BML INC
08-57423LETHADec 2025BML INC
08-57423LETHANov 2025BML INC
08-57423LETHAOct 2025BML INC
08-57423LETHASep 2025BML INC
08-57423LETHAAug 2025BML INC
08-57423LETHAJun 2025BML INC
08-57423LETHAMay 2025BML INC
08-57423LETHAMar 2025BML INC
08-57423LETHASep 2024BML INCBUSTAMANTE RESOURCES LLC
08-57423LETHAAug 2024BML INCBUSTAMANTE RESOURCES LLC
08-57423LETHAMay 2024BML INCBUSTAMANTE RESOURCES LLC
08-57423LETHAApr 2024BML INCBUSTAMANTE RESOURCES LLC
08-57423LETHAJan 2024BML INCBUSTAMANTE RESOURCES LLC
08-27654LETHAAug 2022PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAApr 2022PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAFeb 2022PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAOct 2021PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAJun 2021PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAMay 2021PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAMar 2021PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAJan 2021PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHADec 2020PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHANov 2020PLAINS MARKETING, L.P.PRIME OPERATING COMPANY
08-27654LETHAOct 2020PLAINS MARKETING, L.P.PRIME OPERATING COMPANY