Oil & Gas Property in Smith County, TX
Key data points for Covington
| County | Smith County, TX |
|---|---|
| Operator | VALENCE OPERATING COMPANY |
| Production Dates | Jun 2017 - Jul 2025 |
| Total Oil Production | 147,565 BBLs |
| Total Gas Production | 44,943 MCF |
| Recent Oil Production | 580 BBLs in Jun 2025 |
| Recent Gas Production | 6 MCF in Jun 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Covington
ShaleAssessment™
$33,665 *
MarketMultiple™
$50,245 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 7 properties to the Covington property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bellwood Lake (Paluxy B) | Smith County, TX | 442 BBLs | 0 MCF | Jul 2025 |
| Hill | Smith County, TX | 5 BBLs | 0 MCF | Jul 2025 |
| Hopper, Bradie O | Smith County, TX | 2,531 BBLs | 0 MCF | Jul 2025 |
| Lukenbill Tommie | Smith County, TX | 0 BBLs | 0 MCF | Mar 2019 |
| Tidwell | Van Zandt County, TX | 1 BBLs | 0 MCF | Jun 2025 |
| West Tyler (Paluxy B | Smith County, TX | 1,518 BBLs | 0 MCF | Jul 2025 |
| Wilson Janet Et Al | Henderson County, TX | 1,405 BBLs | 0 MCF | Jul 2025 |
These are the closest 7 companies operating near the Covington property.
| Company Name |
|---|
| J-O'B Operating Company |
| J-W Operating Company |
| Maximus Operating, LTD. |
| Ocean Energy, Inc. |
| Old Union Operating Company |
| Superior Royalty, LLC |
| Weathers Exploration, Inc. |