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 - Aug 2024
Total Oil Production75,158 BBLs
Total Gas Production459,800 MCF
Recent Oil Production255 BBLs in Jul 2024
Recent Gas Production2,003 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Bessie Ola 16

ShaleAssessment™

$23,452 *

MarketMultiple™

$38,008 **

* 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 Aug 2024

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, TX223 BBLs29 MCFAug 2024
ArgoAndrews County, TX416 BBLs1,468 MCFAug 2024
BrownAndrews County, TX301 BBLs193 MCFAug 2024
C.C. Cities ServiceAndrews County, TX926 BBLs924 MCFJul 2024
CarmichaelAndrews County, TX584 BBLs3,188 MCFAug 2024
CascadeAndrews County, TX219 BBLs0 MCFAug 2024
Goldsmith N San Andres Cons UAndrews County, TX502 BBLs0 MCFAug 2024
HallidayAndrews County, TX0 BBLs0 MCFJun 2017
Humble-ParkerAndrews County, TX67 BBLs0 MCFAug 2024
LockhartAndrews County, TX3,425 BBLs4,671 MCFAug 2024
Martin Nellie CAndrews County, TX2,270 BBLs9,960 MCFAug 2024
ParkerAndrews County, TX2,364 BBLs3,569 MCFAug 2024
ParkerAndrews County, TX1,939 BBLs20,672 MCFAug 2024
Parker J. E. EstAndrews County, TX124 BBLs0 MCFAug 2024
Sam BAndrews County, TX100 BBLs56 MCFJul 2024
Texas UnivAndrews County, TX97 BBLs142 MCFAug 2024
Univ. 11 Sec. 1Andrews County, TX1,190 BBLs9,212 MCFAug 2024
UniversityAndrews County, TX29,111 BBLs230,375 MCFAug 2024
WheelerAndrews County, TX174 BBLs0 MCFAug 2024
WinterAndrews County, TX5 BBLs0 MCFAug 2024

Companies in the Area

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

Company Name
1836 Energy LLC
Apache Corporation
Arco Oil & Gas Company
Fueled Resources Inc
Grace Petroleum Operating, LLC
Graham, Bill J. Oil & Gas Corp.
Montare Operating, LTD.
Ok Arena Operating Company
Oryx Energy Company
Patterson Petroleum, Inc.
Reo Operating LLC
Rust Oil Corp.
Sandridge Exploration And Production LLC
Schlachter Operating Corporation
Simata Energy, LLC
Triag Energy Operating, Inc.
Unitex Oil & Gas, L.L.C.
Vin Fisher Operating, Inc.
Winn Operating, LLC
XTO Energy Inc.

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
2024CARMICHAEL W JAMESBESSIE OLA 16CONTANGO RESOU
20242V FURNISH LIMITED PARTNERSHIPBESSIE 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 16Aug 2024PHILLIPS 66 COMPANYCONTANGO 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
08-43066BESSIE OLA 16Sep 2023HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Sep 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Aug 2023HF SINCLAIR REFINING & MARKETING LLCCONTANGO RESOURCES, LLC
08-43066BESSIE OLA 16Aug 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC