Bessie Ola 16

Oil & Gas Property in Andrews County, TX

  2. Texas
  3. Andrews County, TX
  4. Oil & Gas Properties in Andrews County, TX
  5. Bessie Ola 16 Oil & Gas Property

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Property Summary

Key data points for Bessie Ola 16

CountyAndrews County, TX
OperatorCONTANGO RESOURCES LLC
Production DatesApr 2012 - Jan 2025
Total Oil Production76,407 BBLs
Total Gas Production467,591 MCF
Recent Oil Production259 BBLs in Dec 2024
Recent Gas Production1,429 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Bessie Ola 16

ShaleAssessment™

$21,971 *

MarketMultiple™

$38,437 **

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

Based on a decimal interest

Bessie Ola 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bessie Ola 16
from Apr 2012 to Jan 2025

Wells on Bessie Ola 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-43680BESSIE OLA 16 1Contango Resources, LLCProducingAndrews County, TX32.205305-102.795026
42-003-44362BESSIE OLA 16 2Contango Resources, LLCProducingAndrews County, TX32.209203-102.796769

Leases included in Bessie Ola 16

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-43066BESSIE OLA 16Contango Resources, LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Bessie Ola 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrews 3Andrews County, TX400 BBLs0 MCFJan 2025
ArgoAndrews County, TX420 BBLs4 MCFJan 2025
BrownAndrews County, TX343 BBLs40 MCFJan 2025
C.C. Cities ServiceAndrews County, TX840 BBLs119 MCFJan 2025
CarmichaelAndrews County, TX624 BBLs0 MCFJan 2025
CascadeAndrews County, TX223 BBLs0 MCFJan 2025
Goldsmith N San Andres Cons UAndrews County, TX567 BBLs188 MCFJan 2025
HallidayAndrews County, TX0 BBLs0 MCFJun 2017
Humble-ParkerAndrews County, TX101 BBLs0 MCFJan 2025
LockhartAndrews County, TX3,362 BBLs2,964 MCFJan 2025
Martin Nellie CAndrews County, TX2,708 BBLs2,487 MCFJan 2025
ParkerAndrews County, TX2,561 BBLs5,037 MCFJan 2025
ParkerAndrews County, TX1,857 BBLs14,860 MCFJan 2025
Parker J. E. EstAndrews County, TX187 BBLs0 MCFJan 2025
Sam BAndrews County, TX108 BBLs33 MCFJan 2025
Texas UnivAndrews County, TX0 BBLs0 MCFNov 2024
Univ. 11 Sec. 1Andrews County, TX891 BBLs9,510 MCFJan 2025
UniversityAndrews County, TX28,114 BBLs197,273 MCFJan 2025
WheelerAndrews County, TX54 BBLs0 MCFJan 2025
WinterAndrews County, TX9 BBLs0 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Bessie Ola 16 property.

Company Name
Apache Corporation
Arco Oil & Gas Company
Exxon Mobil Corporation
Fossil Rock Resources, Inc.
Grace Petroleum Operating, LLC
Graham, Bill J. Oil & Gas Corp.
Hilcorp Energy Company
Huntington Energy LLC
Montare Operating, LTD.
Ok Arena Operating Company
Oryx Energy Company
Sandridge Exploration And Production LLC
Schlachter Operating Corporation
Sheridan Production Company, LLC
Simata Energy, LLC
Triag Energy Operating, Inc.
Unitex Oil & Gas, L.L.C.
Vin Fisher Operating, Inc.
Winn Operating, LLC
XTO Energy Inc.

Frac'ing activity on Bessie Ola 16

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-44362Bessie Ola 16-2

Owners of Bessie Ola 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CONTANGO RESOURCESBESSIE OLA 16CONTANGO RESOU
2024RUTLEDGE NANCY OLDSBESSIE OLA 16CONTANGO RESOU
20242V FURNISH LIMITED PARTNERSHIPBESSIE OLA 16CONTANGO RESOU
2024CARMICHAEL W JAMESBESSIE OLA 16CONTANGO RESOU
2024CARMICHAEL CHRISTOPHER DEWITTBESSIE OLA 16CONTANGO RESOU
2024CARMICHAEL WILLIAM JAMES IIBESSIE OLA 16CONTANGO RESOU
2024OLDS ROBERT WBESSIE OLA 16CONTANGO RESOU
2024OLDS JEAN SUZANNEBESSIE OLA 16CONTANGO RESOU
Displaying 8 of 9 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bessie Ola 16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-43066BESSIE OLA 16Oct 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Sep 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Sep 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Aug 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Aug 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jul 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jul 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jun 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jun 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16May 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16May 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Apr 2024HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Apr 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Mar 2024HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Mar 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Feb 2024HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Feb 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jan 2024HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Jan 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Dec 2023HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Dec 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Nov 2023HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Nov 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Oct 2023HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Oct 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC