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 - Sep 2024
Total Oil Production62,075 BBLs
Total Gas Production218,658 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production124 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment

$1,519 *

MarketMultiple

$412 **

* 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 Sep 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, LLCShut InAndrews County, TX32.375233-102.491624

Leases included in Strip 3

Lease #Lease NameOperatorCountyMonthly Gas Prod.
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, TX965 BBLs2,122 MCFSep 2024
Armstrong ElizabethAndrews County, TX426 BBLs561 MCFSep 2024
BarbaraAndrews County, TX766 BBLs1,483 MCFSep 2024
BillieAndrews County, TX1,548 BBLs3,015 MCFSep 2024
Fisher Nola UnitAndrews County, TX547 BBLs0 MCFSep 2024
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX199 BBLs415 MCFSep 2024
MeansAndrews County, TX2,202 BBLs1,115 MCFSep 2024
MirandaAndrews County, TX599 BBLs1,326 MCFSep 2024
Saint Andrews UnitAndrews County, TX5,824 BBLs20,016 MCFAug 2024
Samson UniversityAndrews County, TX5,632 BBLs26,928 MCFSep 2024
Samson University 16 1Andrews County, TX58 BBLs118 MCFSep 2024
Sarah SAndrews County, TX375 BBLs1,049 MCFSep 2024
State UnivAndrews County, TX1,028 BBLs1,047 MCFSep 2024
SutphenAndrews County, TX229 BBLs0 MCFSep 2024
Uls 4Andrews County, TX1,073 BBLs55 MCFSep 2024
UniversityAndrews County, TX2,939 BBLs3,096 MCFSep 2024
VestaAndrews County, TX955 BBLs344 MCFSep 2024
VolturnusAndrews County, TX581 BBLs333 MCFSep 2024
W.Means (GRBG-San Andres) UnitAndrews County, TX11,219 BBLs2,593 MCFSep 2024

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
2024AJA/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 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
08-41757STRIP 3Sep 2022MONTROSE OPERATING LLC
08-41757STRIP 3Aug 2022MONTROSE OPERATING LLC
08-41757STRIP 3Jul 2022MONTROSE OPERATING LLC