Rainbow

Oil & Gas Property in Ward County, TX

Property Summary

Key data points for Rainbow

County,
Production DatesJan 1993 - Feb 2025
Total Oil Production494,555 BBLs
Total Gas Production1,435,163 MCF
Recent Oil Production1,084 BBLs in Jan 2025
Recent Gas Production1,308 MCF in Jan 2025
Wells on Property10

Our Valuation Estimates for Rainbow

ShaleAssessment

$75,593 *

MarketMultiple

$146,104 **

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

Based on a decimal interest

Rainbow 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 Rainbow
from Jan 1993 to Feb 2025

Wells on Rainbow

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Rainbow

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-057786RAINBOW STATE 1FOREST OIL CORPORATIONLoving County, TX
08-061702RAINBOW STATE 1FOREST OIL CORPORATIONLoving County, TX
08-185465RAINBOW STATE 1FOREST OIL CORPORATIONLoving County, TX
08-204729RAINBOW STATE 4Contango Resources, LLCLoving County, TX
08-205027RAINBOW STATE 1Contango Resources, LLCLoving County, TX
08-38095RAINBOW STATEFOREST OIL CORPORATIONLoving County, TX
08-42303RAINBOW STATE 33-70TRP OPERATING LLCLoving County, TX

Nearby Properties

These are the closest 20 properties to the Rainbow property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlanta 73Ward County, TX5,858 BBLs92,046 MCFFeb 2025
Black Mamba 1-57Loving County, TX7,327 BBLs24,169 MCFFeb 2025
Bob Couch 3-10Reeves County, TX2,507 BBLs7,813 MCFFeb 2025
Brook StateLoving County, TX0 BBLs155 MCFFeb 2025
Bush VIper UnitWard County, TX871 BBLs18,564 MCFFeb 2025
Davey-StateLoving County, TX0 BBLs0 MCFJun 2024
Dolly VardenWard County, TX1,429 BBLs1,306 MCFFeb 2025
East VermejoWard County, TX3,523 BBLs5,949 MCFFeb 2025
El Paso StateLoving County, TX2,176 BBLs8,435 MCFFeb 2025
ElmerWard County, TX8,898 BBLs69,171 MCFFeb 2025
GoldenWard County, TX3,381 BBLs10,842 MCFFeb 2025
GraylingLoving County, TX689 BBLs22,024 MCFFeb 2025
Jayhawk Reveille State Alloc 4012HLoving County, TX11,452 BBLs41,154 MCFFeb 2025
Lowe 74 UnitLoving County, TX7,059 BBLs157,836 MCFFeb 2025
Reveille State Unit 66-68-74Loving County, TX1,136 BBLs14,315 MCFFeb 2025
Riverboat Unit 33-71Loving County, TX2,975 BBLs31,199 MCFFeb 2025
SalisburyLoving County, TX2,324 BBLs16,258 MCFFeb 2025
Sidewinder State Unit 1-68Loving County, TX1,141 BBLs1,744 MCFFeb 2025
SteelheadLoving County, TX0 BBLs0 MCFDec 2012
VermejoLoving County, TX0 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Rainbow property.

Company Name

Owners of Rainbow

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLCRAINBOW STATE 33-70DIAMONDBACK E&P
2024DIAMONDBACK E&P LLC WIRAINBOW STATE 33-70DIAMONDBACK E&P LLC

Oil & Gas Sales on Rainbow

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-42303RAINBOW STATE 33-70Oct 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Oct 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Sep 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Sep 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Aug 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Aug 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jul 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jul 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jun 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jun 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70May 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70May 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Apr 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Apr 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Mar 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Mar 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Feb 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Feb 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jan 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jan 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Dec 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Dec 2023DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Nov 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Nov 2023DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Oct 2023DIAMONDBACK E&P LLC