Strip 3

Oil & Gas Property in Andrews County, TX

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

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Property Summary

Key data points for Strip 3

CountyAndrews County, TX
OperatorSABALO II OPERATING, LLC
Production DatesAug 2011 - Nov 2024
Total Oil Production62,081 BBLs
Total Gas Production218,856 MCF
Recent Oil Production6 BBLs in Oct 2024
Recent Gas Production36 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment™

$1,460 *

MarketMultiple™

$461 **

* 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
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to oil and gas production for Strip 3
from Aug 2011 to Nov 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 Oil Prod.Monthly 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, TX1,061 BBLs1,935 MCFNov 2024
Armstrong ElizabethAndrews County, TX289 BBLs285 MCFNov 2024
BarbaraAndrews County, TX738 BBLs1,650 MCFNov 2024
BillieAndrews County, TX1,413 BBLs3,299 MCFNov 2024
Fisher Nola UnitAndrews County, TX497 BBLs0 MCFNov 2024
GlennaAndrews County, TX530 BBLs182 MCFNov 2024
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX179 BBLs414 MCFNov 2024
MeansAndrews County, TX1,309 BBLs555 MCFNov 2024
MirandaAndrews County, TX620 BBLs1,719 MCFNov 2024
Saint Andrews UnitAndrews County, TX5,328 BBLs22,492 MCFNov 2024
Samson UniversityAndrews County, TX6,165 BBLs27,767 MCFNov 2024
Samson University 16 1Andrews County, TX61 BBLs119 MCFNov 2024
Sarah SAndrews County, TX776 BBLs1,376 MCFNov 2024
State UnivAndrews County, TX1,401 BBLs1,242 MCFNov 2024
SutphenAndrews County, TX226 BBLs0 MCFNov 2024
Uls 4Andrews County, TX599 BBLs597 MCFNov 2024
UniversityAndrews County, TX3,118 BBLs3,130 MCFNov 2024
VestaAndrews County, TX1,451 BBLs393 MCFNov 2024
VolturnusAndrews County, TX670 BBLs292 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Strip 3 property.

Company Name
Amoco Production Co.
Apache Corporation
Baylor Operating, LLC
COG Operating LLC
Exxon Corporation
Exxon Mobil Corporation
Fasken Oil And Ranch, LTD.
Hilcorp Energy Company
M & M Production LTD.
Oso Exploration & Production, LLC
Ovintiv USA Inc.
Parish, John R.
Rust Oil Corp.
Sabalo II Operating, LLC
Saga Pet. LTD Liability Co Of Co
Smith Pipe Of Abilene
Summit Petroleum LLC
Williams, Clayton Energy, Inc.
WTG Exploration
XTO Energy Inc.

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
2024DURHAM FREDDA TURNER LIFETIME TRSTRIP 3MONTROSE OPERA
2024SCHARBAUER OIL & GAS LTDSTRIP 3MONTROSE OPERA
2024ZPZ DELAWARE I LLCSTRIP 3MONTROSE OPERA
2024CRADDICK PARTNERS LTDSTRIP 3MONTROSE OPERA
2024EA/JCA 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