Strip 3

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Strip 3

CountyAndrews County, TX
OperatorSABALO II OPERATING, LLC
Production DatesAug 2011 - Dec 2024
Total Oil Production62,435 BBLs
Total Gas Production218,701 MCF
Recent Oil Production0 BBLs in Nov 2024
Recent Gas Production19 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment

$1,430 *

MarketMultiple

$6,588 **

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

Based on a decimal interest

Strip 3 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Strip 3
from Aug 2011 to Dec 2024

Wells on Strip 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-42410STRIP 3 1SABALO II OPERATING, LLCShut InAndrews County, TX32.381230-102.493465
42-003-42967STRIP 3 2SABALO II OPERATING, LLCShut InAndrews County, TX32.392742-102.497101
42-003-43511STRIP 3 3SABALO II OPERATING, LLCShut InAndrews County, TX32.387540-102.495332
42-003-43964STRIP 3 4SABALO II OPERATING, LLCProducingAndrews County, TX32.375267-102.491634

Leases included in Strip 3

Lease #Lease NameOperatorCountyMonthly Gas Prod.
08-298259STRIP 3 4SABALO II OPERATING, LLCAndrews County, TX
08-41757STRIP 3SABALO II OPERATING, LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Strip 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrews UniAndrews County, TX972 BBLs1,863 MCFDec 2024
Armstrong ElizabethAndrews County, TX397 BBLs374 MCFDec 2024
BarbaraAndrews County, TX721 BBLs1,508 MCFDec 2024
BillieAndrews County, TX1,326 BBLs2,976 MCFDec 2024
Fisher Nola UnitAndrews County, TX454 BBLs0 MCFNov 2024
GlennaAndrews County, TX479 BBLs135 MCFDec 2024
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX233 BBLs358 MCFDec 2024
MeansAndrews County, TX1,348 BBLs515 MCFDec 2024
MirandaAndrews County, TX499 BBLs1,662 MCFDec 2024
Saint Andrews UnitAndrews County, TX5,860 BBLs16,557 MCFDec 2024
Samson UniversityAndrews County, TX6,285 BBLs25,419 MCFDec 2024
Samson University 16 1Andrews County, TX56 BBLs127 MCFDec 2024
Sarah SAndrews County, TX364 BBLs560 MCFDec 2024
State UnivAndrews County, TX902 BBLs1,040 MCFDec 2024
SutphenAndrews County, TX219 BBLs0 MCFDec 2024
Uls 4Andrews County, TX830 BBLs599 MCFDec 2024
UniversityAndrews County, TX3,068 BBLs2,794 MCFDec 2024
VestaAndrews County, TX900 BBLs314 MCFNov 2024
VolturnusAndrews County, TX662 BBLs305 MCFNov 2024

Frac'ing activity on Strip 3

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-43964STRIP 3 #4

Owners of Strip 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MONTROSE OPERATING LLCSTRIP 3MONTROSE OPERA
2024XTO ENERGY INCSTRIP 3MONTROSE OPERA
2024KRP LEGACY NBR LLCSTRIP 3MONTROSE OPERA
2024SCHARBAUER OIL & GAS LTDSTRIP 3MONTROSE OPERA
2024DURHAM FREDDA TURNER LIFETIME TRSTRIP 3MONTROSE OPERA
2024ZPZ DELAWARE I LLCSTRIP 3MONTROSE OPERA
2024CRADDICK PARTNERS LTDSTRIP 3MONTROSE OPERA
2024THREE CENTS LTDSTRIP 3MONTROSE OPERA
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Strip 3

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-41757STRIP 3Oct 2024SABALO II OPERATING, LLC
08-41757STRIP 3Sep 2024SABALO II OPERATING, LLC
08-41757STRIP 3Aug 2024SABALO II OPERATING, LLC
08-41757STRIP 3Jul 2024SABALO II OPERATING, LLC
08-41757STRIP 3Jun 2024MONTROSE OPERATING LLC
08-41757STRIP 3May 2024MONTROSE OPERATING LLC
08-41757STRIP 3Apr 2024MONTROSE OPERATING LLC
08-41757STRIP 3Mar 2024MONTROSE OPERATING LLC
08-41757STRIP 3Feb 2024MONTROSE OPERATING LLC
08-41757STRIP 3Jan 2024MONTROSE OPERATING LLC
08-41757STRIP 3Dec 2023MONTROSE OPERATING LLC
08-41757STRIP 3Nov 2023MONTROSE OPERATING LLC
08-41757STRIP 3Oct 2023MONTROSE OPERATING LLC
08-41757STRIP 3Sep 2023MONTROSE OPERATING LLC
08-41757STRIP 3Aug 2023MONTROSE OPERATING LLC
08-41757STRIP 3Jul 2023MONTROSE OPERATING LLC
08-41757STRIP 3Jun 2023MONTROSE OPERATING LLC
08-41757STRIP 3May 2023MONTROSE OPERATING LLC
08-41757STRIP 3Apr 2023MONTROSE OPERATING LLC
08-41757STRIP 3Mar 2023MONTROSE OPERATING LLC
08-41757STRIP 3Feb 2023MONTROSE OPERATING LLC
08-41757STRIP 3Jan 2023MONTROSE OPERATING LLC
08-41757STRIP 3Dec 2022MONTROSE OPERATING LLC
08-41757STRIP 3Nov 2022MONTROSE OPERATING LLC
08-41757STRIP 3Oct 2022MONTROSE OPERATING LLC