Hearne, L

Oil & Gas Property in Young County, TX

  2. Texas
  3. Young County, TX
  4. Oil & Gas Properties in Young County, TX
  5. Hearne, L Oil & Gas Property

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Property Summary

Key data points for Hearne, L

CountyYoung County, TX
OperatorOAKMONT OIL AND GAS
Production DatesJan 1993 - Feb 2026
Total Oil Production68,385 BBLs
Total Gas Production9 MCF
Recent Oil Production310 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property1

Our Valuation Estimates for Hearne, L

ShaleAssessment™

$4,536 *

MarketMultiple™

$19,968 **

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

Based on a decimal interest

Hearne, L Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hearne, L
from Jan 1993 to Feb 2026

Wells on Hearne, L

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-503-39629HEARNE L. 1OAKMONT OIL AND GASProducingYoung County, TX33.287713-98.500159

Leases included in Hearne, L

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-26906HEARNE, L.OAKMONT OIL AND GASYoung County, TX

Nearby Properties

These are the closest 20 properties to the Hearne, L property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrettYoung County, TX0 BBLs0 MCFMar 2025
BiggersYoung County, TX1 BBLs0 MCFFeb 2026
BooneYoung County, TX4 BBLs0 MCFFeb 2026
BrownYoung County, TX204 BBLs690 MCFFeb 2026
Carpenter, O.RYoung County, TX0 BBLs0 MCFApr 2020
DrumYoung County, TX90 BBLs0 MCFFeb 2026
EdwardsYoung County, TX83 BBLs0 MCFFeb 2026
FergusonYoung County, TX239 BBLs771 MCFFeb 2026
JohnsonYoung County, TX209 BBLs0 MCFFeb 2026
KingYoung County, TX3 BBLs0 MCFFeb 2026
Knox EstateYoung County, TX28 BBLs0 MCFFeb 2026
LoftinYoung County, TX1 BBLs0 MCFFeb 2026
MarshallYoung County, TX163 BBLs0 MCFFeb 2026
McClurgYoung County, TX27 BBLs0 MCFFeb 2026
McKinleyYoung County, TX193 BBLs0 MCFFeb 2026
PulisYoung County, TX12 BBLs0 MCFFeb 2026
RanchYoung County, TX45 BBLs0 MCFFeb 2026
SandersYoung County, TX0 BBLs0 MCFAug 2010
TaylorYoung County, TX23 BBLs0 MCFFeb 2026
W.H. BarrettYoung County, TX22 BBLs0 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Hearne, L property.

Company Name
Bay Rock Operating Company
Brownco Operating Co.
Don Peterson Company, LLC -
Duncan Land & Exploration, Inc.
Herring, Ray
JDL Operating, LLC
Karper Company, The
Lewis Heirs 480, LLC
Lindemann, James D.
Littlepage, Tommy
Mammoth Operating LLC
Oakmont Oil And Gas
Peterson, Don Company
Ram Oil And Gas, Inc.
Ramco Oil & Gas Inc
Senkel, Wesley, Inc.
SKS Oil
Texas Shallow Oil & Gas, LLC
Three P Operating Company
Viejo Services, LLC

Owners of Hearne, L

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025D L OPERATING COHEARNE LD L OPERATING CO
2025HEARNE LARRY DHEARNE LD L OPERATING CO
2025HEARNE LARRY DHEARNE LD L OPERATING CO
2025MARRICLE RICHARDHEARNE LD L OPERATING CO
2025ALLARD CHARLESHEARNE LD L OPERATING CO
2025ALLARD KENNETH TRUSTHEARNE LD L OPERATING CO
2025REID MAXINE M WALL FAMILY TRHEARNE LD L OPERATING CO
2025LEBOEUF CHRIS CHEARNE LD L OPERATING CO
Displaying 8 of 13 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Hearne, L

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-26906HEARNE, L.Nov 2025TRUE OIL TRUCKING & MARKETING, LLCMICHAEL A LEWIS
09-26906HEARNE, L.Oct 2025TRUE OIL TRUCKING & MARKETING, LLCMICHAEL A LEWIS
09-26906HEARNE, L.Sep 2025TRUE OIL TRUCKING & MARKETING, LLCMICHAEL A LEWIS
09-26906HEARNE, L.Aug 2025TRUE OIL TRUCKING & MARKETING, LLCMICHAEL A LEWIS
09-26906HEARNE, L.Jul 2025TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.May 2025TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Apr 2025TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Mar 2025TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Feb 2025TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Aug 2024TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Jul 2024TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Jun 2024TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Mar 2024TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Jan 2024TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Dec 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Nov 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Oct 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Aug 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Jul 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Jun 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.May 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Mar 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Feb 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Jan 2023TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.
09-26906HEARNE, L.Nov 2022TRUE OIL TRUCKING & MARKETING, LLCTHREE P OPERATING COMPANY GP, L.L.C.