BP Fee

Oil & Gas Property in Polk County, TX

Property Summary

Key data points for BP Fee

CountyPolk County, TX
Production DatesJul 2006 - Jan 2026
Total Oil Production224,308 BBLs
Total Gas Production7,226,554 MCF
Recent Oil Production2 BBLs in Dec 2025
Recent Gas Production10 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for BP Fee

ShaleAssessment

$3,671 *

MarketMultiple

$255 **

* 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 Jan 2026

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, TX913 BBLs79,022 MCFJan 2026
Black Stone MineralsPolk County, TX0 BBLs0 MCFDec 2024
BlackwoodTyler County, TX2 BBLs0 MCFJan 2026
BSM-WildmanPolk County, TX0 BBLs0 MCFOct 2019
CarrollPolk County, TX222 BBLs0 MCFJan 2026
CarterPolk County, TX215 BBLs0 MCFJan 2026
Dorrance-Wing UnitPolk County, TX543 BBLs128 MCFJan 2026
EpsteinPolk County, TX1,400 BBLs78,495 MCFJan 2026
Exxon Mineral FeePolk County, TX574 BBLs1,196 MCFJan 2026
Jacks Creek OTyler County, TX109 BBLs722 MCFJan 2026
Marsh Gas UnitPolk County, TX2 BBLs66 MCFJan 2026
Mills BennettPolk County, TX1,463 BBLs191 MCFJan 2026
OverstreetPolk County, TX0 BBLs0 MCFApr 2025
Raptor 1Polk County, TX778 BBLs30,621 MCFJan 2026
ShermanTyler County, TX2 BBLs12 MCFDec 2025
Sugarberry-BlackstoTyler County, TX355 BBLs0 MCFJan 2026
Tomcat 1Polk County, TX902 BBLs23,699 MCFJan 2026
Wilcox Oil UTyler County, TX109 BBLs722 MCFJan 2026
WingPolk County, TX685 BBLs69,792 MCFJan 2026
Wing Sarah FPolk County, TX3,505 BBLs6,769 MCFJan 2026

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