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 Production746,432 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property13

Our Valuation Estimates for Best Joe

ShaleAssessment™

$3,060 *

MarketMultiple™

$573 **

* 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, TX26 BBLs1,936 MCFJul 2025
Carter BendPalo Pinto County, TX1 BBLs0 MCFJul 2025
CostelloPalo Pinto County, TX14 BBLs1,361 MCFJul 2025
EdwardsPalo Pinto County, TX35 BBLs3,593 MCFJul 2025
HinksonPalo Pinto County, TX0 BBLs1,247 MCFJul 2025
Laneve V.D. MrsPalo Pinto County, TX158 BBLs461 MCFJul 2025
Lee R.PPalo Pinto County, TX17 BBLs56 MCFJul 2025
LockhartPalo Pinto County, TX0 BBLs85 MCFJul 2025
Lockhart P.A. Jr. HeirsPalo Pinto County, TX3 BBLs463 MCFJul 2025
Maurine L. OlaughlinPalo Pinto County, TX0 BBLs1,645 MCFJun 2025
OlaughlinPalo Pinto County, TX0 BBLs2,772 MCFJun 2025
PaltexPalo Pinto County, TX0 BBLs1,071 MCFJul 2025
PhillipsYoung County, TX0 BBLs168 MCFJul 2025
RickelsPalo Pinto County, TX60 BBLs1,422 MCFJul 2025
RitchiePalo Pinto County, TX10 BBLs609 MCFJul 2025
Ritchie Waterflood UnitPalo Pinto County, TX20 BBLs0 MCFJun 2025
Rock CreekPalo Pinto County, TX75 BBLs306 MCFJul 2025
TescoPalo Pinto County, TX0 BBLs199 MCFJul 2025
William HinksonPalo Pinto County, TX0 BBLs780 MCFJun 2025
WillinghamPalo Pinto County, TX0 BBLs102 MCFJul 2025

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.
Brower Oil & Gas Co., Inc.
Buck Wheat Resources, L.P.
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 #3LEXGAS, INC.
2025LEXGAS INCBEST, JOE #9LEXGAS, INC.
2025LEXGAS INCBEST, JOE #1LEXGAS, INC.
2025LEXGAS INCBEST, JOE #10LEXGAS, INC.
2025LEXGAS INCBEST, JOE #2LEXGAS, 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.