Laughlin

Oil & Gas Property in Erath County, TX

Property Summary

Key data points for Laughlin

CountyErath County, TX
Production DatesDec 1993 - Jul 2024
Total Oil Production796 BBLs
Total Gas Production581,113 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production2,950 MCF in Jul 2024
Wells on Property5

Our Valuation Estimates for Laughlin

ShaleAssessment

$4,850 *

MarketMultiple

$5,927 **

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

Based on a decimal interest

Laughlin Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Laughlin
from Dec 1993 to Jul 2024

Wells on Laughlin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-143-30324LAUGHLIN 1LOUISIANA LAND & EXPL. CO., THEGas WellErath County, TX32.363385-98.168676
42-143-30344LAUGHLIN, V. R. 2LOUISIANA LAND & EXPL. CO., THECanceled LocationErath County, TX32.361979-98.179059
42-143-30773LAUGHLIN 1HEXAGON OIL AND GAS INC.Dry HoleErath County, TX32.361324-98.178667
42-143-31243LAUGHLIN VIRGIL 1HFRED UNDERWOOD, LLCTemp AbandonedErath County, TX32.356005-98.175564
42-143-31325LAUGHLIN VIRGIL 2HFRED UNDERWOOD, LLCProducingErath County, TX32.355975-98.175536

Leases included in Laughlin

Lease #Lease NameOperatorCountyMonthly Gas Prod.
09-234994LAUGHLIN VIRGIL 1HFRED UNDERWOOD, LLCErath County, TX
09-249023LAUGHLIN VIRGIL 2HFRED UNDERWOOD, LLCErath County, TX
7B-081416LAUGHLIN 1MAVERICK PETROLEUM CORPORATIONErath County, TX

Nearby Properties

These are the closest 11 properties to the Laughlin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllisonErath County, TX0 BBLs2,191 MCFAug 2024
Cee-BarErath County, TX0 BBLs2,352 MCFAug 2024
EarpErath County, TX0 BBLs990 MCFAug 2024
HawksErath County, TX73 BBLs12,613 MCFAug 2024
Hawks A UnitErath County, TX0 BBLs3,036 MCFAug 2024
MizeErath County, TX0 BBLs411 MCFAug 2024
Parclay-Cee BarErath County, TX0 BBLs409 MCFAug 2024
Rasberry A.WErath County, TX0 BBLs2,886 MCFAug 2024
SenterErath County, TX10 BBLs5,783 MCFAug 2024
WarrenErath County, TX0 BBLs3,698 MCFAug 2024
YancyErath County, TX0 BBLs2,488 MCFAug 2024

Companies in the Area

These are the closest 5 companies operating near the Laughlin property.

Company Name
Bridwell Oil Company
Eagleridge Operating, LLC
EOG Resources Inc
Hexagon Oil And Gas Inc.
Louisiana Land & Exploration Co.

Owners of Laughlin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024UNDERWOOD FRED LLCLAUGHLIN VIRGIL 2HFRED UNDERWOOD LLC

Oil & Gas Sales on Laughlin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-249023LAUGHLIN VIRGIL 2HJul 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HJun 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HMay 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HApr 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HMar 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HFeb 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HJan 2024FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HDec 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HNov 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HOct 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HSep 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HAug 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HJul 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HMar 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HFeb 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HJan 2023FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HDec 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HNov 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HOct 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HSep 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HAug 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HJul 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HJun 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HMay 2022FRED UNDERWOOD, LLC
09-249023LAUGHLIN VIRGIL 2HApr 2022FRED UNDERWOOD, LLC