BP Fee

Oil & Gas Property in Polk County, TX

  2. Texas
  3. Polk County, TX
  4. Oil & Gas Properties in Polk County, TX
  5. BP Fee Oil & Gas Property

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Property Summary

Key data points for BP Fee

CountyPolk County, TX
Production DatesJul 2006 - Oct 2025
Total Oil Production224,302 BBLs
Total Gas Production7,226,536 MCF
Recent Oil Production2 BBLs in Sep 2025
Recent Gas Production15 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for BP Fee

ShaleAssessment™

$3,814 *

MarketMultiple™

$315 **

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

Based on a decimal interest

BP Fee Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for BP Fee
from Jul 2006 to Oct 2025

Wells on BP Fee

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-373-31068BP FEE 2UNIT PETROLEUM COMPANYPlugged Gas WellPolk County, TX30.566541-94.589133
42-373-31097BP FEE 3NECHES TRANSPORT INC.ProducingPolk County, TX30.561621-94.594670

Leases included in BP Fee

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-219268BP FEE 2UNIT PETROLEUM COMPANYPolk County, TX
03-234297BP FEE 3NECHES TRANSPORT INC.Polk County, TX

Operators Associated With BP Fee

Nearby Properties

These are the closest 20 properties to the BP Fee property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black StoneHardin County, TX705 BBLs158,053 MCFOct 2025
Black Stone MineralsPolk County, TX0 BBLs0 MCFDec 2024
BlackwoodTyler County, TX0 BBLs165 MCFOct 2025
BSM-WildmanPolk County, TX0 BBLs0 MCFOct 2019
CarrollPolk County, TX519 BBLs0 MCFOct 2025
CarterPolk County, TX145 BBLs0 MCFOct 2025
Dorrance-Wing UnitPolk County, TX625 BBLs147 MCFOct 2025
EpsteinPolk County, TX1,419 BBLs13,062 MCFOct 2025
Exxon Mineral FeePolk County, TX1,162 BBLs380 MCFOct 2025
Jacks Creek OTyler County, TX125 BBLs280 MCFOct 2025
Marsh Gas UnitPolk County, TX2 BBLs60 MCFOct 2025
Mills BennettPolk County, TX1,672 BBLs1,725 MCFSep 2025
OverstreetPolk County, TX0 BBLs0 MCFApr 2025
Raptor 1Polk County, TX1,303 BBLs48,074 MCFOct 2025
ShermanTyler County, TX3 BBLs15 MCFOct 2025
Sugarberry-BlackstoTyler County, TX510 BBLs0 MCFOct 2025
Tomcat 1Polk County, TX1,550 BBLs39,212 MCFOct 2025
Wilcox Oil UTyler County, TX125 BBLs280 MCFOct 2025
WingPolk County, TX477 BBLs127,874 MCFOct 2025
Wing Sarah FPolk County, TX3,670 BBLs12,477 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the BP Fee property.

Company Name
Arcadia Operating, LLC
Chevron USA Inc
Davis Southern Operating Co LLC
Drum Oil & Gas, Inc.
Exxon Corporation
Famcor Oil, Inc.
Fletcher Operating, LLC
Lobo Operating, Inc.
Lobo Resources, LTD.
Neches Transport Inc.
Olipdp II, LLC
Prime Operating Company
Rusk Energy Operating LLC
S & Y Production Co.
Smyth Oil LLC
Stanton Mineral Development Inc
Texas Operating Partners LLC
Unit Petroleum Company
Wainoco Oil & Gas Company
Zinn Petroleum Co.

Owners of BP Fee

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025NECHES TRANSPORT INCBP FEE 3NECHES TRANSPORT INC
2025BP AMERICA PRODUCTION COMPANYBP FEE 3NECHES TRANSPORT INC

Oil & Gas Sales on BP Fee

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-234297BP FEE 3Dec 2021MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Dec 2021ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Dec 2021UNIT PETROLEUM COMPANY
03-234297BP FEE 3Nov 2021UNIT PETROLEUM COMPANY
03-234297BP FEE 3Nov 2021ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Nov 2021MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Oct 2020MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Oct 2020ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Oct 2020UNIT PETROLEUM COMPANY
03-234297BP FEE 3Aug 2020ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Aug 2020UNIT PETROLEUM COMPANY
03-234297BP FEE 3Aug 2020MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Jul 2020MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Jul 2020ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Jul 2020UNIT PETROLEUM COMPANY
03-234297BP FEE 3Jun 2020MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Jun 2020ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Jun 2020UNIT PETROLEUM COMPANY
03-234297BP FEE 3May 2020UNIT PETROLEUM COMPANY
03-234297BP FEE 3May 2020ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3May 2020MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Apr 2020MURPHY ENERGY CORPORATIONUNIT PETROLEUM COMPANY
03-234297BP FEE 3Apr 2020ENTERPRISE PRODUCTS OPERATING LLCUNIT PETROLEUM COMPANY
03-234297BP FEE 3Apr 2020UNIT PETROLEUM COMPANY
03-234297BP FEE 3Mar 2020UNIT PETROLEUM COMPANY