Major 3

Oil Property in Jones County, MS

Property Summary

Key data points for Major 3

CountyJones County, MS
OperatorVENTURE OIL & GAS, INC.
Production DatesMar 2023 - Nov 2024
Total Oil Production51,160 BBLs
Total Gas Production0 MCF
Recent Oil Production3,914 BBLs in Oct 2024
Recent Gas Production0 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for Major 3

ShaleAssessment

Not Available

MarketMultiple

$293,275 **

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

Based on a decimal interest

Major 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Major 3
from Mar 2023 to Nov 2024

Wells on Major 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
23-067-20753Major 33-13VENTURE OIL & GAS, INC.ProducingJones County, MS31.434370-89.109150
23-067-20763Major 32-16VENTURE OIL & GAS, INC.ProducingJones County, MS31.434910-89.115890
23-067-20764Major 32-15VENTURE OIL & GAS, INC.DrillingJones County, MS31.435980-89.118030

Nearby Properties

These are the closest 13 properties to the Major 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amon G CarterJones County, MS346 BBLs0 MCFNov 2024
Bryant 33Jones County, MS5,030 BBLs0 MCFNov 2024
Christian John 18Jones County, MS530 BBLs0 MCFNov 2024
H L VIckersJones County, MS0 BBLs0 MCFApr 2022
Hamby 33-12Jones County, MS7,666 BBLs0 MCFNov 2024
Harrison 32Jones County, MS9,213 BBLs0 MCFNov 2024
L.L.MajorJones County, MS4,062 BBLs0 MCFNov 2024
MC Laurin Est 7-16Jones County, MS327 BBLs0 MCFNov 2024
O H ShowsJones County, MS157 BBLs0 MCFNov 2024
SandersJones County, MS688 BBLs0 MCFNov 2024
Walley 33-10Jones County, MS4,492 BBLs11 MCFNov 2024
WeyerhaeuserPerry County, MS10,976 BBLs0 MCFNov 2024
Weyerhauser 33-14Jones County, MS5,666 BBLs893 MCFNov 2024

Companies in the Area

These are the closest 3 companies operating near the Major 3 property.

Company Name
Pine Ridge Operating, L.P.
R. W. Tyson Producing Co.,Inc
Venture Oil & Gas, Inc.