Best Joe

Oil & Gas Property in Palo Pinto County, TX

Property Summary

Key data points for Best Joe

CountyPalo Pinto County, TX
OperatorLEXGAS, INC.
Production DatesSep 1999 - Aug 2023
Total Oil Production16,600 BBLs
Total Gas Production746,417 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property12

Our Valuation Estimates for Best Joe

ShaleAssessment

$3,885 *

MarketMultiple

$3,919 **

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

Based on a decimal interest

Best Joe Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Best Joe
from Sep 1999 to Aug 2023

Wells on Best Joe

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-01086BEST JOE 2LEXGAS, INC.Shut InPalo Pinto County, TX32.934528-98.412495
42-363-30890BEST JOE 4LEXGAS, INC.ProducingPalo Pinto County, TX32.942307-98.403320
42-363-30905BEST JOE 14LEXGAS, INC.ProducingPalo Pinto County, TX32.938055-98.411045
42-363-35255BEST JOE 1LEXGAS, INC.ProducingPalo Pinto County, TX32.932257-98.419018
42-363-35466BEST JOE 2LEXGAS, INC.ProducingPalo Pinto County, TX32.932408-98.410627
42-363-35476BEST JOE 3LEXGAS, INC.ProducingPalo Pinto County, TX32.928442-98.412690
42-363-35540BEST JOE 5LEXGAS, INC.ProducingPalo Pinto County, TX32.934914-98.408480
42-363-35541BEST JOE 6LEXGAS, INC.ProducingPalo Pinto County, TX32.935056-98.415088
42-363-35604BEST JOE 7LEXGAS, INC.ProducingPalo Pinto County, TX32.941740-98.404370
42-363-35642BEST JOE 9LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.939858-98.408409
42-363-35719BEST JOE 10LEXGAS, INC.ProducingPalo Pinto County, TX32.931523-98.413738
42-363-81051BEST JOE 5LEXGAS, INC.Shut InPalo Pinto County, TX32.933277-98.414256

Leases included in Best Joe

Lease #Lease NameOperatorCounty
Lease #Lease NameOperatorCounty
7B-069002BEST JOE 14WARREN, STEVE & ASSOC. INCPalo Pinto County, TX
7B-212397BEST JOE 14LEXGAS, INC.Palo Pinto County, TX
7B-215287BEST JOE 2LEXGAS, INC.Palo Pinto County, TX
7B-215290BEST JOE 3LEXGAS, INC.Palo Pinto County, TX
7B-218566BEST JOE 5LEXGAS, INC.Palo Pinto County, TX
7B-218570BEST JOE 6LEXGAS, INC.Palo Pinto County, TX
7B-218971BEST JOE 1LEXGAS, INC.Palo Pinto County, TX
7B-224109BEST JOE 7LEXGAS, INC.Palo Pinto County, TX
7B-229309BEST JOE 9LEXGAS, INC.Palo Pinto County, TX
7B-237581BEST JOE 10LEXGAS, INC.Palo Pinto County, TX
7B-28639BEST, JOELEXGAS, INC.Palo Pinto County, TX
7B-29433BEST, JOELEXGAS, INC.Palo Pinto County, TX

Nearby Properties

These are the closest 20 properties to the Best Joe property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allen-RitchiePalo Pinto County, TX0 BBLs0 MCFDec 2018
BridgesPalo Pinto County, TX21 BBLs2,515 MCFDec 2023
BrooksPalo Pinto County, TX0 BBLs0 MCFDec 2023
Carsey J. CPalo Pinto County, TX0 BBLs0 MCFMar 2023
Carter BendPalo Pinto County, TX28 BBLs0 MCFDec 2023
CostelloPalo Pinto County, TX15 BBLs2,569 MCFDec 2023
CrawfordPalo Pinto County, TX0 BBLs0 MCFJun 2009
EdwardsPalo Pinto County, TX50 BBLs3,637 MCFDec 2023
HinksonPalo Pinto County, TX0 BBLs2,327 MCFDec 2023
Laneve V.D. MrsPalo Pinto County, TX11 BBLs474 MCFDec 2023
Lee R.PPalo Pinto County, TX9 BBLs140 MCFNov 2023
LockhartPalo Pinto County, TX0 BBLs122 MCFDec 2023
Lockhart P.A. Jr. HeirsPalo Pinto County, TX2 BBLs481 MCFDec 2023
PaltexPalo Pinto County, TX0 BBLs355 MCFDec 2023
PhillipsYoung County, TX0 BBLs144 MCFNov 2023
RickelsPalo Pinto County, TX130 BBLs2,307 MCFDec 2023
RitchiePalo Pinto County, TX30 BBLs558 MCFNov 2023
Ritchie Waterflood UnitPalo Pinto County, TX32 BBLs0 MCFNov 2023
Rock CreekPalo Pinto County, TX2 BBLs1,168 MCFDec 2023
William HinksonPalo Pinto County, TX92 BBLs473 MCFNov 2023

Owners of Best Joe

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023LEXGAS INCBEST, JOELEXGAS, INC.
2023LEXGAS INCBEST, JOE #1LEXGAS, INC.
2023SHARP ALLEN CBEST, JOELEXGAS, INC.
2023FMB TRUST-JABBEST, JOELEXGAS, INC.
2023LEXGAS INCBEST, JOE #14LEXGAS, INC.
2023LEXGAS INCBEST, JOE #2LEXGAS, INC.
2023LEXGAS INCBEST, JOE #7LEXGAS, INC.
2023LEXGAS INCBEST, JOE #9LEXGAS, INC.
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Best Joe

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-28639BEST, JOEJul 2023TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-215290BEST JOE 3Jun 2023LEXGAS, INC.
7B-218971BEST JOE 1Jun 2023LEXGAS, INC.
7B-215290BEST JOE 3May 2023LEXGAS, INC.
7B-218971BEST JOE 1May 2023LEXGAS, INC.
7B-28639BEST, JOEMay 2023TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-215287BEST JOE 2Mar 2023LEXGAS, INC.
7B-218566BEST JOE 5Mar 2023LEXGAS, INC.
7B-218971BEST JOE 1Mar 2023LEXGAS, INC.
7B-28639BEST, JOEMar 2023LEXGAS, INC.
7B-28639BEST, JOEMar 2023TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-212397BEST JOE 14Feb 2023LEXGAS, INC.
7B-215287BEST JOE 2Feb 2023LEXGAS, INC.
7B-215290BEST JOE 3Feb 2023LEXGAS, INC.
7B-218566BEST JOE 5Feb 2023LEXGAS, INC.
7B-218971BEST JOE 1Feb 2023LEXGAS, INC.
7B-237581BEST JOE 10Feb 2023LEXGAS, INC.
7B-28639BEST, JOEFeb 2023LEXGAS, INC.
7B-212397BEST JOE 14Jan 2023LEXGAS, INC.
7B-215287BEST JOE 2Jan 2023LEXGAS, INC.
7B-215290BEST JOE 3Jan 2023LEXGAS, INC.
7B-218971BEST JOE 1Jan 2023LEXGAS, INC.
7B-224109BEST JOE 7Jan 2023LEXGAS, INC.
7B-237581BEST JOE 10Jan 2023LEXGAS, INC.
7B-28639BEST, JOEJan 2023LEXGAS, INC.