Buddy 1

Oil & Gas Property in Wood County, TX

Property Summary

Key data points for Buddy 1

CountyWood County, TX
OperatorMONTARE OPERATING, LTD.
Production DatesDec 2018 - Jan 2024
Total Oil Production91,843 BBLs
Total Gas Production2,343,579 MCF
Recent Oil Production1,153 BBLs in Dec 2023
Recent Gas Production38,160 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Buddy 1

ShaleAssessment

Not Available

MarketMultiple

$266,366 **

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

Based on a decimal interest

Buddy 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Buddy 1
from Dec 2018 to Jan 2024

Wells on Buddy 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-499-31981BUDDY 1MONTARE OPERATING, LTD.ProducingWood County, TX32.713021-95.366525

Leases included in Buddy 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-287117BUDDY 1MONTARE OPERATING, LTD.Wood County, TX

Nearby Properties

These are the closest 17 properties to the Buddy 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bartlett, H. MWood County, TX0 BBLs0 MCFOct 1997
Cronin Unit 524Wood County, TX945 BBLs1,567 MCFJan 2024
DavisWood County, TX0 BBLs0 MCFJan 2023
Harper, HWood County, TX658 BBLs0 MCFJan 2024
JonesWood County, TX16 BBLs75 MCFJan 2024
Lee StewartWood County, TX267 BBLs2,969 MCFJan 2024
Moore, HowardWood County, TX690 BBLs2,462 MCFJan 2024
Neuhoff (Buda-Woodbine) UnitWood County, TX4,998 BBLs7,871 MCFJan 2024
Sasi RanchWood County, TX5,828 BBLs7,451 MCFJan 2024
Schneider (Buda) UnitWood County, TX2,503 BBLs1,579 MCFJan 2024
SparhamWood County, TX0 BBLs0 MCFJan 2015
Stewart LeeWood County, TX28 BBLs119 MCFJan 2024
Taylor Heirs TPCVWood County, TX3,038 BBLs105,361 MCFJan 2024
Taylor OwenWood County, TX80 BBLs0 MCFJan 2024
TurbevilleWood County, TX236 BBLs14 MCFJan 2024
Wells J.WWood County, TX74 BBLs0 MCFJan 2024
WilliamsWood County, TX91 BBLs2,983 MCFJan 2024

Owners of Buddy 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BLACKWELL EXP & DEV LLCBUDDYBLACKWELL EXP & DEV
2023MOORE & SCHMIDT OIL LLCBUDDYBLACKWELL EXP & DEV
2023KRP LEGACY ISLES LLCBUDDYBLACKWELL EXP & DEV
2023SCHNEIDER MARTHA ANNBUDDYBLACKWELL EXP & DEV
2023THE GOVERNORS ACADEMYBUDDYBLACKWELL EXP & DEV
2023JAMES BARBARABUDDYBLACKWELL EXP & DEV
2023SCHNEIDER ROBERT DBUDDYBLACKWELL EXP & DEV
2023LINDLEY SARA JANEBUDDYBLACKWELL EXP & DEV
Displaying 8 of 320 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Buddy 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-287117BUDDY 1Nov 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Oct 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Oct 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Sep 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Sep 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Aug 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Aug 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Jul 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Jul 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Jun 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Jun 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1May 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1May 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Apr 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Apr 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Mar 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Mar 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Feb 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Feb 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Jan 2023BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Jan 2023PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Dec 2022BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Dec 2022PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Nov 2022BLACKWELL EXPLORATION & DEVELOPMENT, LLC
06-287117BUDDY 1Nov 2022PLAINS MARKETING, L.P.BLACKWELL EXPLORATION & DEVELOPMENT, LLC