Oil & Gas Property in Midland County, TX
Key data points for LRT Unit 2 Allocation
| County | Midland County, TX |
|---|---|
| Operator | XTO ENERGY INC. |
| Production Dates | Mar 2019 - Jan 2024 |
| Total Oil Production | 432,693 BBLs |
| Total Gas Production | 1,187,416 MCF |
| Recent Oil Production | 2,644 BBLs in Dec 2023 |
| Recent Gas Production | 6,499 MCF in Dec 2023 |
| Wells on Property | 1 |
Our Valuation Estimates for LRT Unit 2 Allocation
ShaleAssessment™
Not Available
MarketMultiple™
$371,745 **
* 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 LRT Unit 2 Allocation property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Atkins 47-02 Unit | Midland County, TX | 37,751 BBLs | 388,344 MCF | Jan 2024 |
| Avery 22 | Midland County, TX | 1,202 BBLs | 20,918 MCF | Jan 2024 |
| Babb 30 | Midland County, TX | 0 BBLs | 0 MCF | Aug 2022 |
| Benge Corner | Midland County, TX | 3,254 BBLs | 3,924 MCF | Jan 2024 |
| Bob Midkiff | Midland County, TX | 29,472 BBLs | 327,191 MCF | Jan 2024 |
| CMC Snapdragon 19-31 Unit | Midland County, TX | 250,559 BBLs | 395,658 MCF | Jan 2024 |
| Cowden | Upton County, TX | 34,224 BBLs | 204,620 MCF | Jan 2024 |
| Cowden 39-03 | Midland County, TX | 591,299 BBLs | 763,359 MCF | Jan 2024 |
| Douglas | Midland County, TX | 465 BBLs | 570 MCF | Jan 2024 |
| Douglass 36 | Midland County, TX | 0 BBLs | 0 MCF | Feb 2022 |
| Guy Cowden Unit | Midland County, TX | 14,829 BBLs | 69,772 MCF | Jan 2024 |
| Leonard Revocable Trust Unit | Midland County, TX | 10,540 BBLs | 169,136 MCF | Jan 2024 |
| LRT Unit 1 Allocation | Midland County, TX | 1,697 BBLs | 12,687 MCF | Jan 2024 |
| Maralo | Midland County, TX | 951 BBLs | 1,555 MCF | Jan 2024 |
| Midkiff 42-43 | Midland County, TX | 31,480 BBLs | 174,607 MCF | Jan 2024 |
| TXL 21 | Midland County, TX | 45,995 BBLs | 280,762 MCF | Jan 2024 |
| TXL 27 Unit | Midland County, TX | 8,214 BBLs | 96,335 MCF | Jan 2024 |
| TXL 35 Unit | Midland County, TX | 1,130 BBLs | 28,047 MCF | Jan 2024 |
| TXL 36 Unit | Midland County, TX | 27,065 BBLs | 149,980 MCF | Jan 2024 |
| Wilson Fannie 39 | Midland County, TX | 0 BBLs | 0 MCF | Jan 2024 |
These are the closest 20 companies operating near the LRT Unit 2 Allocation property.