BP Fee

Oil & Gas Property in Polk County, TX

Property Summary

Key data points for BP Fee

CountyPolk County, TX
Production DatesJul 2006 - May 2025
Total Oil Production224,293 BBLs
Total Gas Production7,226,472 MCF
Recent Oil Production2 BBLs in May 2025
Recent Gas Production10 MCF in May 2025
Wells on Property2

Our Valuation Estimates for BP Fee

ShaleAssessment

$4,055 *

MarketMultiple

$664 **

* 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 May 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, TX924 BBLs79,352 MCFJun 2025
Black Stone MineralsPolk County, TX0 BBLs0 MCFDec 2024
BlackwoodTyler County, TX0 BBLs156 MCFMay 2025
BSM-WildmanPolk County, TX0 BBLs0 MCFOct 2019
CarrollPolk County, TX590 BBLs0 MCFJun 2025
CarterPolk County, TX199 BBLs0 MCFJun 2025
Dorrance-Wing UnitPolk County, TX635 BBLs149 MCFJun 2025
EpsteinPolk County, TX1,102 BBLs75,564 MCFJun 2025
Exxon Mineral FeePolk County, TX1,280 BBLs1,629 MCFJun 2025
Jacks Creek OTyler County, TX106 BBLs777 MCFJun 2025
Kec Exploration Et AlPolk County, TX0 BBLs0 MCFJan 2016
Marsh Gas UnitPolk County, TX2 BBLs60 MCFJun 2025
Mills BennettPolk County, TX828 BBLs159 MCFJun 2025
OverstreetPolk County, TX0 BBLs0 MCFApr 2025
Raptor 1Polk County, TX2,455 BBLs15,150 MCFJun 2025
ShermanTyler County, TX2 BBLs10 MCFMay 2025
Sugarberry-BlackstoTyler County, TX314 BBLs0 MCFMay 2025
Wilcox Oil UTyler County, TX106 BBLs777 MCFJun 2025
WingPolk County, TX672 BBLs66,954 MCFJun 2025
Wing Sarah FPolk County, TX3,873 BBLs7,487 MCFJun 2025

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