Luig

Oil Property in Archer County, TX

Property Summary

Key data points for Luig

CountyArcher County, TX
OperatorTB PETROLEUM, LLC
Production DatesJan 2016 - Sep 2024
Total Oil Production25,122 BBLs
Total Gas Production0 MCF
Recent Oil Production111 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for Luig

ShaleAssessment

$1,243 *

MarketMultiple

$16,803 **

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

Based on a decimal interest

Luig Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Luig
from Jan 2016 to Sep 2024

Wells on Luig

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-009-42974LUIG 1TB PETROLEUM, LLCProducingArcher County, TX33.591198-98.748234
42-009-43027LUIG 2TB PETROLEUM, LLCProducingArcher County, TX33.591469-98.748831
42-009-43070LUIG 3TB PETROLEUM, LLCProducingArcher County, TX33.591734-98.747554
42-009-43096LUIG 4TB PETROLEUM, LLCProducingArcher County, TX33.590797-98.747031
42-009-43122LUIG 5TB PETROLEUM, LLCInjectionArcher County, TX33.591106-98.716704
42-009-43156LUIG 6TB PETROLEUM, LLCShut InArcher County, TX33.590873-98.748909
42-009-43225LUIG 7TB PETROLEUM, LLCProducingArcher County, TX33.595295-98.736985

Leases included in Luig

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-33454LUIGTB PETROLEUM, LLCArcher County, TX

Nearby Properties

These are the closest 20 properties to the Luig property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbercrombieArcher County, TX276 BBLs0 MCFSep 2024
AbercrombieArcher County, TX383 BBLs0 MCFSep 2024
AbernathyArcher County, TX0 BBLs0 MCFSep 2023
AbernathyArcher County, TX98 BBLs0 MCFAug 2024
BerendArcher County, TX10 BBLs0 MCFSep 2024
BuergerArcher County, TX36 BBLs0 MCFSep 2024
CarpediemArcher County, TX37 BBLs0 MCFSep 2024
Fish D. WArcher County, TX238 BBLs0 MCFSep 2024
Hudson-Fish UnitArcher County, TX102 BBLs0 MCFSep 2024
Key, G.AArcher County, TX0 BBLs0 MCFMay 2024
Niedco-WuckowitschArcher County, TX0 BBLs0 MCFSep 2017
PrideauxArcher County, TX110 BBLs0 MCFSep 2024
Red BarnArcher County, TX137 BBLs0 MCFAug 2024
Reno-AbercrombieArcher County, TX90 BBLs0 MCFAug 2024
SandersArcher County, TX2 BBLs0 MCFSep 2024
SmithArcher County, TX0 BBLs0 MCFJul 2024
ThomasArcher County, TX140 BBLs0 MCFSep 2024
ToddArcher County, TX40 BBLs0 MCFSep 2024
Transwestern-PowellArcher County, TX25 BBLs0 MCFSep 2024
TurbevilleArcher County, TX191 BBLs0 MCFSep 2024

Owners of Luig

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BROWER OIL & GAS CO INCLUIGBROWER OIL & GAS
2024BRIDGES DOROTHYLUIGBROWER OIL & GAS
2024HARVEY-ARCHER PROPERTIES LTDLUIGBROWER OIL & GAS
2024COVINGTON EDLUIGBROWER OIL & GAS
2024GWC PRODUCTIONS CO INCLUIGBROWER OIL & GAS
2024LANDRUM-TX LTDLUIGBROWER OIL & GAS

Oil & Gas Sales on Luig

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-33454LUIGAug 2024PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGJul 2024PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGMay 2024PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGApr 2024PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGFeb 2024PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGJan 2024PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGDec 2023PHILLIPS 66 COMPANYTB PETROLEUM, LLC
09-33454LUIGSep 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGAug 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGJul 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGJun 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGMay 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGApr 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGMar 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGJan 2023PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGDec 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGNov 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGOct 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGSep 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGAug 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGMay 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGApr 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGMar 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGFeb 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.
09-33454LUIGJan 2022PHILLIPS 66 COMPANYBROWER OIL & GAS CO., INC.