Costello

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. Costello Oil & Gas Property

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Property Summary

Key data points for Costello

CountyPalo Pinto County, TX
Production DatesJan 1993 - Jun 2025
Total Oil Production7,463 BBLs
Total Gas Production744,671 MCF
Recent Oil Production13 BBLs in May 2025
Recent Gas Production1,491 MCF in May 2025
Wells on Property7

Our Valuation Estimates for Costello

ShaleAssessment™

$1,645 *

MarketMultiple™

$8,051 **

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

Based on a decimal interest

Costello 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 Costello
from Jan 1993 to Jun 2025

Wells on Costello

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-31022COSTELLO 1CUMMING COMPANY, INC. THEPlugged Gas WellPalo Pinto County, TX32.917130-98.391125
42-363-31027COSTELLO CONNIE 2G & F OIL, INC.Temp AbandonedPalo Pinto County, TX32.922768-98.378837
42-363-34559COSTELLO 1ENERGY RESOURCE & DEVELOP., CORPPlugged Gas WellPalo Pinto County, TX32.925484-98.373540
42-363-34621COSTELLO 1AG & F OIL, INC.ProducingPalo Pinto County, TX32.926457-98.371760
42-363-35243COSTELLO 1UPHAM OIL & GAS COMPANYProducingPalo Pinto County, TX32.917973-98.384122
42-363-35340COSTELLO 5G & F OIL, INC.ProducingPalo Pinto County, TX32.915059-98.377394
42-363-35495COSTELLO 6G & F OIL, INC.Shut InPalo Pinto County, TX32.917322-98.375850

Leases included in Costello

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7B-068384COSTELLO 1CHOLLA PETROLEUM, INC.Palo Pinto County, TX
7B-160341COSTELLO 1J OIL & GAS INC.Palo Pinto County, TX
7B-163592COSTELLO 1AG & F OIL, INC.Palo Pinto County, TX
7B-197542COSTELLO CONNIE 2G & F OIL, INC.Palo Pinto County, TX
7B-202691COSTELLO 1UPHAM OIL & GAS COMPANYPalo Pinto County, TX
7B-209989COSTELLO 5G & F OIL, INC.Palo Pinto County, TX
7B-217688COSTELLO 6J OIL & GAS INC.Palo Pinto County, TX
7B-29886COSTELLOG & F OIL, INC.Palo Pinto County, TX

Operators Associated With Costello

Nearby Properties

These are the closest 20 properties to the Costello property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Best JoePalo Pinto County, TX0 BBLs0 MCFDec 2024
BridgesPalo Pinto County, TX28 BBLs2,890 MCFJun 2025
Flow, DonPalo Pinto County, TX0 BBLs572 MCFJun 2025
Green FlorencePalo Pinto County, TX0 BBLs239 MCFJun 2025
HartnettPalo Pinto County, TX0 BBLs710 MCFJun 2025
HinksonPalo Pinto County, TX0 BBLs1,384 MCFJun 2025
JohnsonPalo Pinto County, TX42 BBLs2,191 MCFJun 2025
JonesPalo Pinto County, TX12 BBLs248 MCFJun 2025
Laneve V.D. MrsPalo Pinto County, TX148 BBLs215 MCFJun 2025
Lee R.PPalo Pinto County, TX10 BBLs0 MCFJun 2025
Lemley-VincentPalo Pinto County, TX0 BBLs0 MCFSep 2015
Lockhart P. A. Jr HeirsPalo Pinto County, TX0 BBLs394 MCFJun 2025
Maurine L. OlaughlinPalo Pinto County, TX0 BBLs1,075 MCFJun 2025
McMurrey RanchPalo Pinto County, TX0 BBLs0 MCFJan 2024
OlaughlinPalo Pinto County, TX0 BBLs3,416 MCFJun 2025
PaltexPalo Pinto County, TX0 BBLs1,241 MCFJun 2025
RickelsPalo Pinto County, TX151 BBLs1,613 MCFJun 2025
Ritchie Waterflood UnitPalo Pinto County, TX25 BBLs0 MCFJun 2025
Rock CreekPalo Pinto County, TX50 BBLs0 MCFJun 2025
William HinksonPalo Pinto County, TX40 BBLs965 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Costello property.

Company Name
Antle Operating, Inc.
Brigadier Operating, LLC
Brower Oil & Gas Co., Inc.
Buck Wheat Resources, L.P.
Cooper Oil & Gas, LLC
Cumming Company, Inc. The
Dry Fork Production Co., LLC
Eagleridge Operating, LLC
Echo Production Inc
Esg Resources LLC
G & F Oil, Inc.
Kornye-Tillman Company
Lexgas, Inc.
Mitchell Energy Corp
Nokusu, LTD.
PK Gath & Oilfield SVCS, Inc.
Rife Oil Properties Inc
Rife, M. O., Jr.
Upham Oil & Gas Company
Wes-Mor Drilling, Inc.

Owners of Costello

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025UPHAM OIL & GAS COCOSTELLO #1UPHAM OIL & GA
2025G&F OIL INCCOSTELLO #5G & F OIL, INC
2025SHAFER MACCOSTELLO #1UPHAM OIL & GA
2025G&F OIL INCCOSTELLOG & F OIL, INC
2025G&F OIL INCCOSTELLO #1AG & F OIL, INC
2025GLASGOW FAMILY TRUSTCOSTELLO #1UPHAM OIL & GA
2025BLACKERBY OLLIE ANN TR U/ACOSTELLO #1UPHAM OIL & GA
2025DALTON VALLEY RANCH LLCCOSTELLO #1UPHAM OIL & GA
Displaying 8 of 51 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Costello

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-163592COSTELLO 1AMar 2025G & F OIL, INC.
7B-202691COSTELLO 1Mar 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Mar 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Mar 2025G & F OIL, INC.
7B-209989COSTELLO 5Mar 2025TRUE OIL TRUCKING & MARKETING, LLCG & F OIL, INC.
7B-163592COSTELLO 1AFeb 2025G & F OIL, INC.
7B-202691COSTELLO 1Feb 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Feb 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Feb 2025G & F OIL, INC.
7B-29886COSTELLOFeb 2025G & F OIL, INC.
7B-163592COSTELLO 1AJan 2025G & F OIL, INC.
7B-202691COSTELLO 1Jan 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Jan 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Jan 2025G & F OIL, INC.
7B-29886COSTELLOJan 2025G & F OIL, INC.
7B-163592COSTELLO 1ADec 2024G & F OIL, INC.
7B-202691COSTELLO 1Dec 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Dec 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Dec 2024G & F OIL, INC.
7B-29886COSTELLODec 2024G & F OIL, INC.
7B-163592COSTELLO 1ANov 2024G & F OIL, INC.
7B-202691COSTELLO 1Nov 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Nov 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Nov 2024G & F OIL, INC.
7B-163592COSTELLO 1AOct 2024G & F OIL, INC.