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

CountyPalo Pinto County, TX
OperatorLEXGAS, INC.
Production DatesSep 1999 - Dec 2024
Total Oil Production16,960 BBLs
Total Gas Production746,417 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property13

Our Valuation Estimates for Best Joe

ShaleAssessment™

$3,060 *

MarketMultiple™

Not Available

* 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
42-363-01086BEST JOE 2LEXGAS, INC.Oil WellPalo Pinto County, TX32.934528-98.412495
42-363-30890BEST JOE 4LEXGAS, INC.Oil WellPalo Pinto County, TX32.942307-98.403320
42-363-30905BEST JOE 14LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.938055-98.411045
42-363-35255BEST JOE 1LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.932257-98.419018
42-363-35466BEST JOE 2LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.932408-98.410627
42-363-35476BEST JOE 3LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.928442-98.412690
42-363-35540BEST JOE 5LEXGAS, INC.Temp AbandonedPalo 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.Temp AbandonedPalo 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.Temp AbandonedPalo Pinto County, TX32.931523-98.413738
42-363-80738BEST, JOE 3LEXGAS, INC.Plugged Oil WellPalo Pinto County, TX32.936133-98.411493
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
BridgesPalo Pinto County, TX3 BBLs505 MCFMar 2026
Carter BendPalo Pinto County, TX28 BBLs0 MCFMar 2026
CostelloPalo Pinto County, TX2 BBLs1,563 MCFMar 2026
EdwardsPalo Pinto County, TX36 BBLs2,809 MCFMar 2026
HinksonPalo Pinto County, TX0 BBLs1,112 MCFMar 2026
Laneve V.D. MrsPalo Pinto County, TX258 BBLs355 MCFMar 2026
Lee R.PPalo Pinto County, TX5 BBLs261 MCFMar 2026
LockhartPalo Pinto County, TX0 BBLs70 MCFMar 2026
Lockhart P.A. Jr. HeirsPalo Pinto County, TX2 BBLs321 MCFMar 2026
Maurine L. OlaughlinPalo Pinto County, TX0 BBLs1,715 MCFMar 2026
OlaughlinPalo Pinto County, TX0 BBLs3,081 MCFMar 2026
PaltexPalo Pinto County, TX0 BBLs344 MCFMar 2026
PhillipsYoung County, TX0 BBLs159 MCFMar 2026
RickelsPalo Pinto County, TX60 BBLs1,184 MCFMar 2026
RitchiePalo Pinto County, TX32 BBLs542 MCFMar 2026
Ritchie Waterflood UnitPalo Pinto County, TX12 BBLs0 MCFMar 2026
Rock CreekPalo Pinto County, TX321 BBLs1,673 MCFMar 2026
TescoPalo Pinto County, TX0 BBLs176 MCFFeb 2026
William HinksonPalo Pinto County, TX155 BBLs636 MCFMar 2026
WillinghamPalo Pinto County, TX0 BBLs75 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Best Joe property.

Company Name
Akers & Fultz, Inc.
Antle Operating, Inc.
Bandera Petroleum, Inc.
Buck Wheat Resources, L.P.
Cra-Gro Crop Service, Inc.
Cumming Company, Inc. The
Dry Fork Production Co., LLC
Energy Resource & Develop., Corp
Esg Resources LLC
G & F Oil, Inc.
Hoco Inc
Lexgas, Inc.
Mitchell Energy Corp
Nokusu, LTD.
Ranger Operating Co.
Rife Oil Properties Inc
Rife, M. O., Jr.
Strand Energy, L.C.
Upham Oil & Gas Company
Wes-Mor Drilling, Inc.

Owners of Best Joe

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025LEXGAS INCBEST, JOELEXGAS, INC.
2025SHARP ALLEN CBEST, JOELEXGAS, INC.
2025FMB TRUST-JABBEST, JOELEXGAS, INC.
2025LEXGAS INCBEST, JOE #1LEXGAS, INC.
2025LEXGAS INCBEST, JOE #10LEXGAS, INC.
2025LEXGAS INCBEST, JOE #3LEXGAS, INC.
2025LEXGAS INCBEST, JOE #14LEXGAS, INC.
2025LEXGAS INCBEST, JOE #7LEXGAS, INC.
Displaying 8 of 53 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, JOEDec 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
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.