Faircloth Estate

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Faircloth Estate

CountyRusk County, TX
OperatorPALMER PETROLEUM INC.
Production DatesJan 1993 - Jan 2024
Total Oil Production97,362 BBLs
Total Gas Production11,646,697 MCF
Recent Oil Production20 BBLs in Dec 2023
Recent Gas Production10,662 MCF in Dec 2023
Wells on Property10

Our Valuation Estimates for Faircloth Estate

ShaleAssessment

Not Available

MarketMultiple

$38,074 **

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

Based on a decimal interest

Faircloth Estate 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 Faircloth Estate
from Jan 1993 to Jan 2024

Wells on Faircloth Estate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-31410FAIRCLOTH ESTATE 1PALMER PETROLEUM INC.ProducingRusk County, TX32.279988-94.870264
42-401-31638FAIRCLOTH ESTATE 2PALMER PETROLEUM INC.Plugged Gas WellRusk County, TX32.279421-94.871368
42-401-32013FAIRCLOTH ESTATE 3PALMER PETROLEUM INC.Plugged Oil WellRusk County, TX32.283391-94.872069
42-401-32261FAIRCLOTH ESTATE 4PALMER PETROLEUM INC.ProducingRusk County, TX32.286573-94.866736
42-401-32314FAIRCLOTH ESTATE 5PALMER PETROLEUM INC.ProducingRusk County, TX32.275842-94.861708
42-401-32403FAIRCLOTH ESTATE 6PALMER PETROLEUM INC.ProducingRusk County, TX32.286723-94.859088
42-401-32853FAIRCLOTH ESTATE 7PALMER PETROLEUM INC.ProducingRusk County, TX32.282107-94.863309
42-401-32889FAIRCLOTH ESTATE 9PALMER PETROLEUM INC.ProducingRusk County, TX32.287092-94.855085
42-401-32894FAIRCLOTH ESTATE 8PALMER PETROLEUM INC.ProducingRusk County, TX32.287772-94.872511
42-401-32899FAIRCLOTH ESTATE 10PALMER PETROLEUM INC.ProducingRusk County, TX32.271130-94.861983

Leases included in Faircloth Estate

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-100101FAIRCLOTH ESTATE 1PALMER PETROLEUM INC.Rusk County, TX
06-108942FAIRCLOTH ESTATE 2PALMER PETROLEUM INC.Rusk County, TX
06-11755FAIRCLOTH ESTATEPALMER PETROLEUM INC.Rusk County, TX
06-132429FAIRCLOTH ESTATE 4PALMER PETROLEUM INC.Rusk County, TX
06-136562FAIRCLOTH ESTATE 5PALMER PETROLEUM INC.Rusk County, TX
06-142960FAIRCLOTH ESTATE 6PALMER PETROLEUM INC.Rusk County, TX
06-169132FAIRCLOTH ESTATE 7PALMER PETROLEUM INC.Rusk County, TX
06-170925FAIRCLOTH ESTATE 9PALMER PETROLEUM INC.Rusk County, TX
06-171120FAIRCLOTH ESTATE 8PALMER PETROLEUM INC.Rusk County, TX
06-171545FAIRCLOTH ESTATE 10PALMER PETROLEUM INC.Rusk County, TX

Nearby Properties

These are the closest 20 properties to the Faircloth Estate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A. E. Dean Gu 1 7HRusk County, TX218 BBLs15,554 MCFJan 2024
BeanRusk County, TX5 BBLs1,031 MCFJan 2024
ChildressRusk County, TX713 BBLs22,747 MCFJan 2024
DickersonRusk County, TX82 BBLs0 MCFJan 2024
Henderson ERusk County, TX0 BBLs7,165 MCFJan 2024
Holt J.W. EstateRusk County, TX77 BBLs2,180 MCFJan 2024
Jacobs Estate Gas UnitRusk County, TX27 BBLs6,949 MCFJan 2024
LairdRusk County, TX240 BBLs33,847 MCFJan 2024
Laird S.S. Gas UnitRusk County, TX123 BBLs6,576 MCFJan 2024
Leath Estate Gas UnitRusk County, TX117 BBLs12,808 MCFJan 2024
LeverettRusk County, TX0 BBLs1,429 MCFJan 2024
McCrory Patsy ChristianRusk County, TX36 BBLs4,629 MCFJan 2024
Naulls E. WRusk County, TX410 BBLs0 MCFJan 2024
Oten WillRusk County, TX88 BBLs0 MCFJan 2024
Overton E. (Woodbine) UnitRusk County, TX317 BBLs0 MCFJan 2024
Reid, V.ERusk County, TX1,057 BBLs760 MCFJan 2024
Robertson J. TRusk County, TX105 BBLs0 MCFJan 2024
TorkelsonRusk County, TX100 BBLs3,921 MCFJan 2024
West PirtleRusk County, TX65 BBLs2,532 MCFJan 2024
WooleyRusk County, TX473 BBLs67 MCFJan 2024

Owners of Faircloth Estate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PALMER PETROLEUM INCFAIRCLOTH EST GU (1)PALMER PETROLEUM INC
2023PALMER PETROLEUM INCFAIRCLOTH EST GU (6)PALMER PETROLEUM INC
2023PALMER PETROLEUM INCFAIRCLOTH EST GU (5)PALMER PETROLEUM INC
2023PALMER PETROLEUM INCFAIRCLOTH EST GU (4)PALMER PETROLEUM INC
2023PALMER PETROLEUM INCFAIRCLOTH EST GU (7)PALMER PETROLEUM INC
2023PALMER PETROLEUM INCFAIRCLOTH EST GU (10)PALMER PETROLEUM INC
2023EASON FLOYCE L & RUBYFAIRCLOTH EST GU (1)PALMER PETROLEUM INC
2023BROWN JERRY MARCHFAIRCLOTH EST GU (1)PALMER PETROLEUM INC
Displaying 8 of 1077 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Faircloth Estate

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-100101FAIRCLOTH ESTATE 1Nov 2023PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Nov 2023PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Nov 2023PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Nov 2023PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-169132FAIRCLOTH ESTATE 7Nov 2023PALMER PETROLEUM, INC.
06-169132FAIRCLOTH ESTATE 7Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Nov 2023PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171120FAIRCLOTH ESTATE 8Nov 2023PALMER PETROLEUM, INC.
06-171120FAIRCLOTH ESTATE 8Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Nov 2023PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Nov 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Oct 2023PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Oct 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Oct 2023PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Oct 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Oct 2023PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Oct 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Oct 2023PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Oct 2023PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-169132FAIRCLOTH ESTATE 7Oct 2023PALMER PETROLEUM, INC.