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 - Nov 2025
Total Oil Production7,472 BBLs
Total Gas Production750,345 MCF
Recent Oil Production2 BBLs in Oct 2025
Recent Gas Production1,604 MCF in Oct 2025
Wells on Property7

Our Valuation Estimates for Costello

ShaleAssessment™

$1,529 *

MarketMultiple™

$6,039 **

* 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 Nov 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, TX24 BBLs1,295 MCFNov 2025
Flow, DonPalo Pinto County, TX0 BBLs582 MCFNov 2025
Green FlorencePalo Pinto County, TX0 BBLs179 MCFNov 2025
HartnettPalo Pinto County, TX0 BBLs521 MCFNov 2025
HinksonPalo Pinto County, TX0 BBLs1,198 MCFNov 2025
JohnsonPalo Pinto County, TX52 BBLs2,303 MCFNov 2025
JonesPalo Pinto County, TX79 BBLs242 MCFNov 2025
Laneve V.D. MrsPalo Pinto County, TX231 BBLs61 MCFNov 2025
Lee R.PPalo Pinto County, TX0 BBLs53 MCFNov 2025
Lemley-VincentPalo Pinto County, TX0 BBLs0 MCFSep 2015
Lockhart P.A. Jr. HeirsPalo Pinto County, TX1 BBLs457 MCFNov 2025
Maurine L. OlaughlinPalo Pinto County, TX0 BBLs997 MCFNov 2025
McMurrey RanchPalo Pinto County, TX0 BBLs31 MCFNov 2025
OlaughlinPalo Pinto County, TX0 BBLs3,271 MCFNov 2025
PaltexPalo Pinto County, TX0 BBLs1,293 MCFNov 2025
RickelsPalo Pinto County, TX78 BBLs1,612 MCFNov 2025
Ritchie Waterflood UnitPalo Pinto County, TX12 BBLs0 MCFNov 2025
Rock CreekPalo Pinto County, TX45 BBLs979 MCFNov 2025
William HinksonPalo Pinto County, TX142 BBLs450 MCFNov 2025

Companies in the Area

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

Company Name
Antle Operating, Inc.
Brigadier Operating, LLC
Buck Wheat Resources, L.P.
Cooper Oil & Gas, LLC
Cra-Gro Crop Service, Inc.
Dry Fork Production Co., LLC
Eagleridge Operating, LLC
Echo Production Inc
Esg Resources LLC
G & F Oil, Inc.
Hoco 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 1ANov 2025G & F OIL, INC.
7B-202691COSTELLO 1Nov 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Nov 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Nov 2025G & F OIL, INC.
7B-163592COSTELLO 1AOct 2025G & F OIL, INC.
7B-202691COSTELLO 1Oct 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Oct 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Oct 2025G & F OIL, INC.
7B-163592COSTELLO 1ASep 2025G & F OIL, INC.
7B-202691COSTELLO 1Sep 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Sep 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Sep 2025G & F OIL, INC.
7B-202691COSTELLO 1Aug 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Aug 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Aug 2025G & F OIL, INC.
7B-163592COSTELLO 1AJul 2025G & F OIL, INC.
7B-202691COSTELLO 1Jul 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Jul 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Jul 2025G & F OIL, INC.
7B-163592COSTELLO 1AJun 2025G & F OIL, INC.
7B-202691COSTELLO 1Jun 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Jun 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Jun 2025G & F OIL, INC.
7B-163592COSTELLO 1AMay 2025G & F OIL, INC.
7B-202691COSTELLO 1May 2025COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY