Schultes

Oil & Gas Property in Roosevelt County, MT

  2. Montana
  3. Roosevelt County, MT
  4. Oil & Gas Properties in Roosevelt County, MT
  5. Schultes Oil & Gas Property

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Property Summary

Key data points for Schultes

CountyRoosevelt County, MT
OperatorARMSTRONG OPERATING, INC.
Production DatesAug 2008 - Oct 2024
Total Oil Production194,594 BBLs
Total Gas Production12,669 MCF
Recent Oil Production404 BBLs in Oct 2024
Recent Gas Production0 MCF in Oct 2024
Wells on Property2

Our Valuation Estimates for Schultes

ShaleAssessment™

$31,969 *

MarketMultiple™

$40,668 **

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

Based on a decimal interest

Schultes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schultes
from Aug 2008 to Oct 2024

Wells on Schultes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
25-085-21282Schultes 3-2Norfolk Energy Inc.P&A - ApprovedRoosevelt County, MT48.389980-105.726100
25-085-21728Schultes 1Armstrong Operating, Inc.ProducingRoosevelt County, MT48.380110-105.722680

Leases included in Schultes

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8120Schultes 1Armstrong Operating, Inc.Roosevelt County, MT

Nearby Properties

These are the closest 2 properties to the Schultes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CourcheneRoosevelt County, MT1,127 BBLs0 MCFOct 2024
TrimbleRoosevelt County, MT0 BBLs0 MCFDec 2019

Companies in the Area

These are the closest 2 companies operating near the Schultes property.

Company Name
Citation Oil & Gas Corp.
Murphy Exploration & Prod. Co.