Best Joe

Oil & Gas Property in Palo Pinto County, TX

  2. Texas
  3. Palo Pinto County, TX
  4. Oil & Gas Properties in Palo Pinto County, TX
  5. Best Joe Oil & Gas Property

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Property Summary

Key data points for Best Joe

County,
OperatorLEXGAS, INC.
Production DatesSep 1999 - Dec 2024
Total Oil Production16,960 BBLs
Total Gas Production746,432 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property12

Our Valuation Estimates for Best Joe

ShaleAssessment™

$3,060 *

MarketMultiple™

$3,113 **

* 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
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to oil and gas production for Best Joe
from Sep 1999 to Dec 2024

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
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

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
BridgesPalo Pinto County, TX0 BBLs1,134 MCFFeb 2025
BrooksPalo Pinto County, TX0 BBLs0 MCFJun 2024
Carter BendPalo Pinto County, TX29 BBLs0 MCFFeb 2025
CostelloPalo Pinto County, TX9 BBLs1,347 MCFFeb 2025
EdwardsPalo Pinto County, TX21 BBLs3,954 MCFFeb 2025
HinksonPalo Pinto County, TX4 BBLs1,649 MCFFeb 2025
Laneve V.D. MrsPalo Pinto County, TX35 BBLs9 MCFFeb 2025
Lee R.PPalo Pinto County, TX9 BBLs116 MCFFeb 2025
LockhartPalo Pinto County, TX0 BBLs92 MCFFeb 2025
Lockhart P.A. Jr. HeirsPalo Pinto County, TX14 BBLs537 MCFFeb 2025
Maurine L. OlaughlinPalo Pinto County, TX0 BBLs1,611 MCFJan 2025
PaltexPalo Pinto County, TX0 BBLs902 MCFFeb 2025
PhillipsYoung County, TX0 BBLs126 MCFFeb 2025
RickelsPalo Pinto County, TX92 BBLs1,456 MCFFeb 2025
RitchiePalo Pinto County, TX21 BBLs0 MCFFeb 2025
Ritchie Waterflood UnitPalo Pinto County, TX33 BBLs0 MCFFeb 2025
Rock CreekPalo Pinto County, TX44 BBLs518 MCFFeb 2025
TescoPalo Pinto County, TX0 BBLs153 MCFFeb 2025
William HinksonPalo Pinto County, TX180 BBLs187 MCFJan 2025
WillinghamPalo Pinto County, TX0 BBLs109 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Best Joe property.

Company Name

Owners of Best Joe

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LEXGAS INCBEST, JOELEXGAS, INC.
2024SHARP ALLEN CBEST, JOELEXGAS, INC.
2024FMB TRUST-JABBEST, JOELEXGAS, INC.
2024LEXGAS INCBEST, JOE #14LEXGAS, INC.
2024LEXGAS INCBEST, JOE #2LEXGAS, INC.
2024LEXGAS INCBEST, JOE #3LEXGAS, INC.
2024LEXGAS INCBEST, JOE #5LEXGAS, INC.
2024LEXGAS INCBEST, JOE #1LEXGAS, INC.
Displaying 8 of 12 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, JOESep 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEJun 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEApr 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEJan 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
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.