Phillips-TXL 31

Oil & Gas Property in Ector County, TX

  2. Texas
  3. Ector County, TX
  4. Oil & Gas Properties in Ector County, TX
  5. Phillips-TXL 31 Oil & Gas Property

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Property Summary

Key data points for Phillips-TXL 31

CountyEctor County, TX
OperatorRUST OIL CORP.
Production DatesJan 1993 - Mar 2024
Total Oil Production34,049 BBLs
Total Gas Production21,894 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for Phillips-TXL 31

ShaleAssessment™

$1,025 *

MarketMultiple™

$736 **

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

Based on a decimal interest

Phillips-TXL 31 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips-TXL 31
from Jan 1993 to Mar 2024

Wells on Phillips-TXL 31

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-135-34427PHILLIPS-TXL "31" 1RUST OIL CORP.Plugged Oil WellEctor County, TX31.774863-102.610184
42-135-34529PHILLIPS-TXL-31- 2RUST OIL CORP.ProducingEctor County, TX31.776753-102.610158
42-135-34536PHILLIPS-TXL-31- 3RUST OIL CORP.ProducingEctor County, TX31.773257-102.609012
42-135-34667PHILLIPS-TXL "31" 4RUST OIL CORP.Plugged Oil WellEctor County, TX31.772878-102.611823

Leases included in Phillips-TXL 31

Lease #Lease NameOperatorCounty
08-28715PHILLIPS-TXL-31-RUST OIL CORP.Ector County, TX
08-29587PHILLIPS-TXL -31-RUST OIL CORP.Ector County, TX

Nearby Properties

These are the closest 20 properties to the Phillips-TXL 31 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Argo-MossEctor County, TX1 BBLs4 MCFAug 2024
EctorEctor County, TX632 BBLs250 MCFAug 2024
Ector -E- Fee NCTEctor County, TX37 BBLs0 MCFAug 2024
Ector C Fee NCTEctor County, TX1 BBLs0 MCFAug 2024
Ector Fee UnitEctor County, TX1,570 BBLs1,729 MCFAug 2024
Fraser GeoEctor County, TX745 BBLs553 MCFAug 2024
Harper DevonianEctor County, TX1,724 BBLs17,104 MCFAug 2024
J. E. Parker 20Ector County, TX0 BBLs0 MCFMar 2019
Kloh A. Etal -G- /NCT-BEctor County, TX1 BBLs0 MCFAug 2024
McKenzieEctor County, TX536 BBLs0 MCFAug 2024
MillardEctor County, TX29,416 BBLs99,556 MCFAug 2024
MossEctor County, TX1,816 BBLs884 MCFAug 2024
Moss Paul Et AlEctor County, TX0 BBLs0 MCFMay 2018
North Penwell UnitEctor County, TX2,461 BBLs0 MCFAug 2024
ScharbauerEctor County, TX26,144 BBLs74,160 MCFAug 2024
Shoe Bar Ranch 26Ector County, TX388 BBLs37 MCFAug 2024
Shoebar RanchEctor County, TX0 BBLs0 MCFJan 2016
TXL-AEctor County, TX644 BBLs0 MCFAug 2024
TXL-XEctor County, TX0 BBLs0 MCFAug 1995
W.H. Grove AEctor County, TX0 BBLs0 MCFJul 2023

Companies in the Area

These are the closest 20 companies operating near the Phillips-TXL 31 property.

Company Name
Acoma Operating, LLC
Aghorn Operating, Inc.
Apache Corporation
Arco Permian
Chevron Midcontinent, L.P.
Cross Timbers Energy, LLC
Diamond S Energy Company
Eastland Oil Company, The
Formentera Operations LLC
Gray, W. H. Operating
La VIda Energy Corporation
North Lake Resources LLC
O'Ryan Oil And Gas
Oxy USA Inc
Oxy USA WTP LP
Petroplex Energy Inc.
Phillips Petroleum Company
R. K. G. Engineering, Inc.
Rust Oil Corp.
Walsh & Watts Inc

Owners of Phillips-TXL 31

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RUST OIL CORPPHILLIPS TXL -31-RUST OIL CORPORATION
2024TEXACO E & P INCPHILLIPS TXL -31-RUST OIL CORPORATION
2024NELL MIKE OIL & GAS PROPPHILLIPS TXL -31-RUST OIL CORPORATION
2024DOUGLAS RUSSELLPHILLIPS TXL -31-RUST OIL CORPORATION
2024TEXAS PACIFIC LAND TRUSTPHILLIPS TXL -31-RUST OIL CORPORATION
2024CONOCOPHILLIPS COMPANYPHILLIPS TXL -31-RUST OIL CORPORATION

Oil & Gas Sales on Phillips-TXL 31

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-28715PHILLIPS-TXL-31-Feb 2020PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Dec 2019PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Sep 2019PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Jul 2019PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-May 2019PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Jan 2019PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Nov 2018PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Jul 2018PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-May 2018PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Mar 2018PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Jan 2018PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Nov 2017PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Sep 2017PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Aug 2017PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-May 2017PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Mar 2017PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Feb 2017PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Sep 2016PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Oct 2015PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Aug 2015PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-May 2015PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Mar 2015PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Dec 2014PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Sep 2014PLAINS MARKETING, L.P.RUST OIL CORPORATION
08-28715PHILLIPS-TXL-31-Jun 2014PLAINS MARKETING, L.P.RUST OIL CORPORATION