Letha

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Letha Oil & Gas Property

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Property Summary

Key data points for Letha

CountyMidland County, TX
OperatorTRIPOD OIL AND GAS 3 LLC
Production DatesJan 1993 - Dec 2025
Total Oil Production622,310 BBLs
Total Gas Production19 MCF
Recent Oil Production139 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property7

Our Valuation Estimates for Letha

ShaleAssessment™

$10,799 *

MarketMultiple™

$16,159 **

* 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 Dec 2025

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, TX6,684 BBLs66,948 MCFJan 2026
Brazos Jones 8Midland County, TX4,015 BBLs7,188 MCFJan 2026
BulldogMidland County, TX6,790 BBLs48,329 MCFDec 2025
City Of MidlandMidland County, TX690 BBLs1,778 MCFJan 2026
CoonMidland County, TX354 BBLs327 MCFJan 2026
CrawfordMidland County, TX3,310 BBLs7,962 MCFJan 2026
Crawford-Tank Farm NMidland County, TX21,847 BBLs187,610 MCFJan 2026
GaultMidland County, TX166 BBLs487 MCFJan 2026
Gault 5Midland County, TX51,390 BBLs320,034 MCFJan 2026
JonesMidland County, TX138 BBLs11 MCFJan 2026
KlapprothMidland County, TX46 BBLs37 MCFJan 2026
LewellenMidland County, TX303 BBLs175 MCFJan 2026
RobertsonMidland County, TX459 BBLs1,612 MCFJan 2026
Rock UnitMidland County, TX295 BBLs1,315 MCFJan 2026
SatterfieldMidland County, TX0 BBLs0 MCFNov 2025
SealesMidland County, TX230 BBLs4,017 MCFJan 2026
SempleMidland County, TX389 BBLs430 MCFJan 2026
Shull-Hanks 15Midland County, TX119,896 BBLs323,575 MCFJan 2026
SuttonMidland County, TX0 BBLs0 MCFJan 2026
WardMidland County, TX387 BBLs58 MCFJan 2026

Companies in the Area

These are the closest 20 companies operating near the Letha property.

Company Name
Brock Oil & Gas Corporation
Cutbow Operating, LLC
Devon Energy Corp (Nevada)
Diamondback E&P LLC
Endeavor Energy Resources, LP
Flat Top Operating, LLC
Henry Petroleum Corp.
Henry Resources LLC
Midland Energy, Inc.
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parsley Energy Operations, LLC
Permian Deep Rock Oil Co., LLC
Permian Resources Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Rosewood Resources Inc
Southland Royalty Company
Stephens, Autry C.
Tripod Oil And Gas 3 LLC

Oil & Gas Sales on Letha

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
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
08-27654LETHASep 2020PLAINS MARKETING, L.P.PRIME OPERATING COMPANY