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 - Jan 2025
Total Oil Production62,439 BBLs
Total Gas Production218,719 MCF
Recent Oil Production2 BBLs in Dec 2024
Recent Gas Production19 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for Strip 3

ShaleAssessment

$1,411 *

MarketMultiple

$6,595 **

* 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 Jan 2025

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, TX1,023 BBLs1,691 MCFJan 2025
Armstrong ElizabethAndrews County, TX274 BBLs43 MCFJan 2025
BarbaraAndrews County, TX558 BBLs291 MCFJan 2025
BillieAndrews County, TX688 BBLs554 MCFJan 2025
Fisher Nola UnitAndrews County, TX491 BBLs0 MCFJan 2025
GlennaAndrews County, TX533 BBLs21 MCFJan 2025
J. S. MeansAndrews County, TX0 BBLs0 MCFJan 2021
MattieAndrews County, TX162 BBLs129 MCFJan 2025
MeansAndrews County, TX1,304 BBLs135 MCFJan 2025
MirandaAndrews County, TX399 BBLs303 MCFJan 2025
Saint Andrews UnitAndrews County, TX5,383 BBLs18,242 MCFJan 2025
Samson UniversityAndrews County, TX6,173 BBLs25,641 MCFJan 2025
Samson University "16"Andrews County, TX63 BBLs108 MCFJan 2025
Sarah SAndrews County, TX584 BBLs181 MCFJan 2025
State UnivAndrews County, TX402 BBLs331 MCFJan 2025
SutphenAndrews County, TX239 BBLs0 MCFJan 2025
Uls 4Andrews County, TX763 BBLs599 MCFJan 2025
UniversityAndrews County, TX2,648 BBLs283 MCFJan 2025
VestaAndrews County, TX959 BBLs139 MCFJan 2025
VolturnusAndrews County, TX625 BBLs184 MCFJan 2025

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
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 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