Bessie Ola 16

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Bessie Ola 16

CountyAndrews County, TX
OperatorCONTANGO RESOURCES LLC
Production DatesApr 2012 - Jul 2024
Total Oil Production74,906 BBLs
Total Gas Production457,886 MCF
Recent Oil Production283 BBLs in Jun 2024
Recent Gas Production1,995 MCF in Jun 2024
Wells on Property2

Our Valuation Estimates for Bessie Ola 16

ShaleAssessment

$23,753 *

MarketMultiple

$38,047 **

* 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 Jul 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, TX263 BBLs111 MCFJul 2024
ArgoAndrews County, TX357 BBLs1,640 MCFJul 2024
BrownAndrews County, TX288 BBLs208 MCFJul 2024
C.C. Cities ServiceAndrews County, TX978 BBLs1,213 MCFJul 2024
CarmichaelAndrews County, TX627 BBLs3,522 MCFJul 2024
CascadeAndrews County, TX214 BBLs0 MCFJul 2024
Goldsmith N San Andres Cons UAndrews County, TX589 BBLs637 MCFJul 2024
HallidayAndrews County, TX0 BBLs0 MCFJun 2017
Humble-ParkerAndrews County, TX106 BBLs0 MCFJul 2024
LockhartAndrews County, TX3,342 BBLs5,440 MCFJul 2024
Martin Nellie CAndrews County, TX2,402 BBLs13,753 MCFJul 2024
ParkerAndrews County, TX1,645 BBLs18,691 MCFJul 2024
ParkerAndrews County, TX2,640 BBLs3,888 MCFJul 2024
Parker J. E. EstAndrews County, TX118 BBLs0 MCFJul 2024
Sam BAndrews County, TX100 BBLs17 MCFJul 2024
Texas UnivAndrews County, TX0 BBLs121 MCFJul 2024
Univ. 11 Sec. 1Andrews County, TX217 BBLs8,235 MCFJul 2024
UniversityAndrews County, TX26,901 BBLs241,099 MCFJul 2024
WheelerAndrews County, TX26 BBLs0 MCFJul 2024
WinterAndrews County, TX2 BBLs0 MCFJul 2024

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 JEAN SUZANNEBESSIE OLA 16CONTANGO RESOU
2024OLDS GERDA IBESSIE 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