Rainbow

Oil & Gas Property in Ward County, TX

  2. Texas
  3. Ward County, TX
  4. Oil & Gas Properties in Ward County, TX
  5. Rainbow Oil & Gas Property

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Property Summary

Key data points for Rainbow

CountiesLoving County, TX
Ward County, TX
Production DatesJan 1993 - Sep 2025
Total Oil Production499,812 BBLs
Total Gas Production1,457,748 MCF
Recent Oil Production760 BBLs in Aug 2025
Recent Gas Production2,686 MCF in Aug 2025
Wells on Property17

Our Valuation Estimates for Rainbow

ShaleAssessment™

$69,114 *

MarketMultiple™

$121,927 **

* 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 Sep 2025

Wells on Rainbow

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-301-30022RAINBOW STATE 1Contango Resources, LLCTemp AbandonedLoving County, TX31.653400-103.536431
42-301-31154RAINBOW STATE 4Contango Resources, LLCTemp AbandonedLoving County, TX31.654727-103.535286
42-301-31177RAINBOW STATE 5FOREST OIL CORPORATIONPlugged Oil WellLoving County, TX31.657313-103.543792
42-301-31178RAINBOW STATE 7FOREST OIL CORPORATIONPermitted LocationLoving County, TX31.652065-103.549485
42-301-31588RAINBOW STATE 33-70 1HTRP OPERATING LLCShut InLoving County, TX31.666197-103.523254
42-301-31699RAINBOW 70 1DENERGEN RESOURCES CORPORATIONPermitted LocationLoving County, TX31.657226-103.525126
42-301-31713RAINBOW STATE 33-70 2HTRP OPERATING LLCProducingLoving County, TX31.662814-103.520899
42-301-31824RAINBOW STATE 33-70 3HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.654535-103.533240
42-301-31826RAINBOW STATE 33-70 4HTRP OPERATING LLCProducingLoving County, TX31.652607-103.530442
42-301-37624RAINBOW STATE 53-54-70 A 101HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673809-103.510652
42-301-37625RAINBOW STATE 53-54-70 B 701HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673773-103.510602
42-301-37626RAINBOW STATE 53-54-70 D 601HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673703-103.510504
42-301-37627RAINBOW STATE 53-54-70 F 702HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673632-103.510406
42-301-37628RAINBOW STATE 53-54-70 C 201HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673738-103.510553
42-301-37629RAINBOW STATE 53-54-70 E 102HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673663-103.510455
42-301-37630RAINBOW STATE 53-54-70 G 202HTRP OPERATING LLCHorizontal Well Surface LocatioLoving County, TX31.673326-103.509610
42-475-34823RAINBOW STATE 6FOREST OIL CORPORATIONPermitted LocationWard County, TX31.648459-103.540218

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

Operators Associated With Rainbow

Nearby Properties

These are the closest 20 properties to the Rainbow property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlanta 73Ward County, TX5,068 BBLs83,593 MCFSep 2025
Black Mamba 1-57Loving County, TX7,928 BBLs20,703 MCFSep 2025
Bob Couch 3-10Reeves County, TX2,291 BBLs12,547 MCFSep 2025
Brook StateLoving County, TX0 BBLs155 MCFSep 2025
BuffaloLoving County, TX20,095 BBLs184,274 MCFSep 2025
Bush VIper UnitWard County, TX858 BBLs5,689 MCFSep 2025
Davey-StateLoving County, TX8 BBLs0 MCFSep 2025
Dolly VardenWard County, TX1,191 BBLs2,987 MCFSep 2025
East VermejoWard County, TX10 BBLs2,874 MCFSep 2025
El Paso StateLoving County, TX1,093 BBLs1,672 MCFSep 2025
ElmerWard County, TX134,439 BBLs311,241 MCFSep 2025
GoldenWard County, TX6,443 BBLs25,589 MCFSep 2025
Jayhawk Reveille State Alloc 4012HLoving County, TX7,619 BBLs31,622 MCFSep 2025
Lowe 74 UnitLoving County, TX5,899 BBLs151,960 MCFSep 2025
Reveille State Unit 66-68-74Loving County, TX1,014 BBLs15,694 MCFSep 2025
Riverboat Unit 33-71Loving County, TX3,051 BBLs33,919 MCFSep 2025
SalisburyLoving County, TX1,899 BBLs13,365 MCFSep 2025
Sidewinder State Unit 1-68Loving County, TX893 BBLs15,872 MCFSep 2025
SteelheadLoving County, TX0 BBLs0 MCFDec 2012
VermejoLoving County, TX0 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the Rainbow property.

Company Name
Admiral Permian Operating LLC
Alchemist Energy, LLC
Anadarko E&P Onshore LLC
Apache Corporation
Atapco
Claude-Maggie Co.
Contango Resources LLC
Devon Energy Production Company, L.P.
Diamondback E&P LLC
Energen Resources Corporation
Forest Oil Corporation
Great Western Drilling Company
Greenlake Energy Operating, LLC
Jay Management Company LLC
Last Mile Production, LLC
Matador Production Company
Pdeh LLC
Q Natural Resources, LLC
TRP Operating LLC
WPX Energy Permian, LLC

Frac'ing activity on Rainbow

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-301-31588Rainbow State 33-70/Well No. 1
42-301-31713Rainbow State 33-70/Well No. 2
42-301-31824Rainbow State 33-70/Well No. 3
42-301-31826Rainbow State 33-70/Well No. 4

Owners of Rainbow

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025TRP OPERATING LLCRAINBOW STATE 33-70TRP OPERATING LLC
2025TRP OPERATING LLCRAINBOW STATE 33-70TRP OPERATING LLC

Oil & Gas Sales on Rainbow

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-42303RAINBOW STATE 33-70Apr 2025PLAINS MARKETING, L.P.TRP OPERATING LLC
08-42303RAINBOW STATE 33-70Mar 2025PLAINS MARKETING, L.P.TRP OPERATING LLC
08-42303RAINBOW STATE 33-70Feb 2025PLAINS MARKETING, L.P.TRP OPERATING LLC
08-42303RAINBOW STATE 33-70Jan 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jan 2025DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Dec 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Dec 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Nov 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Nov 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Oct 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Oct 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Sep 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Sep 2024PLAINS MARKETING, L.P.DIAMONDBACK 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 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Jul 2024DIAMONDBACK 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 2024DIAMONDBACK E&P LLC
08-42303RAINBOW STATE 33-70Apr 2024PLAINS MARKETING, L.P.DIAMONDBACK 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