Tipton

Gas Property in Erath County, TX

Property Summary

Key data points for Tipton

CountyErath County, TX
Production DatesJan 1993 - Oct 2024
Total Oil Production0 BBLs
Total Gas Production208,162 MCF
Recent Oil Production0 BBLs in Sep 2024
Recent Gas Production255 MCF in Sep 2024
Wells on Property6

Our Valuation Estimates for Tipton

ShaleAssessment

$291 *

MarketMultiple

$529 **

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

Based on a decimal interest

Tipton Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Tipton
from Jan 1993 to Oct 2024

Wells on Tipton

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-143-30297TIPTON 1OWL CREEK OPERATING CO., INC.ProducingErath County, TX32.469507-98.093026
42-143-30307TIPTON 2PARKER OPERATING CO., INC.Plugged Gas WellErath County, TX32.464654-98.096042
42-143-30308TIPTON 3HANKS, CHRISTOPHER GLENNProducingErath County, TX32.464697-98.086748
42-143-30315TIPTON, M. E. 2LOUISIANA LAND & EXPL. CO., THEPlugged Gas WellErath County, TX32.470703-98.108001
42-143-30317TIPTON, J.E. 3LOUISIANA LAND & EXPL. CO., THEDry HoleErath County, TX32.462428-98.103636
42-143-30323TIPTON 4EASTLAND OPERATING, L.L.C.ProducingErath County, TX32.469482-98.099800

Leases included in Tipton

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-079025TIPTON, M. E. 2MAVERICK PETROLEUM CORPORATIONErath County, TX
7B-079029TIPTON 1OWL CREEK OPERATING CO., INC.Erath County, TX
7B-081595TIPTON 3HANKS, CHRISTOPHER GLENNErath County, TX
7B-081813TIPTON 2PACK-MAN ENERGY COMPANYErath County, TX
7B-082446TIPTON 4EASTLAND OPERATING, L.L.C.Erath County, TX

Nearby Properties

These are the closest 11 properties to the Tipton property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AddisonErath County, TX0 BBLs39 MCFOct 2024
AllisonErath County, TX0 BBLs1,437 MCFOct 2024
Drake R.TErath County, TX0 BBLs264 MCFOct 2024
HerpelHood County, TX0 BBLs0 MCFMar 2023
Houston RanchErath County, TX40 BBLs25,891 MCFOct 2024
JLB RanchErath County, TX29 BBLs3,190 MCFOct 2024
WarrenErath County, TX0 BBLs3,525 MCFOct 2024
WilsonErath County, TX0 BBLs0 MCFFeb 2012
Wilson-ViottoErath County, TX3 BBLs1,940 MCFOct 2024
WinslettErath County, TX0 BBLs3,324 MCFOct 2024
YancyErath County, TX0 BBLs2,426 MCFOct 2024

Owners of Tipton

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HANKS CHRIS OIL & GASTIPTON #3CHRIS HANKS OIL&GAS
2024OWL CREEK OPERATING CO INCTIPTON #1OWL CREEK OPERATING
2024EASTLAND OPERATING LLCTIPTON #4EASTLAND OPERATING
2024PETROJARL INCTIPTON #4EASTLAND OPERATING

Oil & Gas Sales on Tipton

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-081595TIPTON 3Oct 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-079029TIPTON 1Sep 2024OWL CREEK OPERATING CO, INC.OWL CREEK OPERATING CO, INC.
7B-079029TIPTON 1Sep 2024DEVON GAS SERVICES, L.P.OWL CREEK OPERATING CO, INC.
7B-081595TIPTON 3Sep 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-082446TIPTON 4Sep 2024COLT G & P (NORTH TEXAS) L.P.EASTLAND OPERATING, L.L.C.
7B-079029TIPTON 1Aug 2024OWL CREEK OPERATING CO, INC.OWL CREEK OPERATING CO, INC.
7B-079029TIPTON 1Aug 2024DEVON GAS SERVICES, L.P.OWL CREEK OPERATING CO, INC.
7B-081595TIPTON 3Aug 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-082446TIPTON 4Aug 2024COLT G & P (NORTH TEXAS) L.P.EASTLAND OPERATING, L.L.C.
7B-079029TIPTON 1Jul 2024OWL CREEK OPERATING CO, INC.OWL CREEK OPERATING CO, INC.
7B-079029TIPTON 1Jul 2024DEVON GAS SERVICES, L.P.OWL CREEK OPERATING CO, INC.
7B-081595TIPTON 3Jul 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-082446TIPTON 4Jul 2024COLT G & P (NORTH TEXAS) L.P.EASTLAND OPERATING, L.L.C.
7B-079029TIPTON 1Jun 2024OWL CREEK OPERATING CO, INC.OWL CREEK OPERATING CO, INC.
7B-079029TIPTON 1Jun 2024DEVON GAS SERVICES, L.P.OWL CREEK OPERATING CO, INC.
7B-081595TIPTON 3Jun 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-082446TIPTON 4Jun 2024COLT G & P (NORTH TEXAS) L.P.EASTLAND OPERATING, L.L.C.
7B-079029TIPTON 1May 2024OWL CREEK OPERATING CO, INC.OWL CREEK OPERATING CO, INC.
7B-079029TIPTON 1May 2024DEVON GAS SERVICES, L.P.OWL CREEK OPERATING CO, INC.
7B-081595TIPTON 3May 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-082446TIPTON 4May 2024COLT G & P (NORTH TEXAS) L.P.EASTLAND OPERATING, L.L.C.
7B-079029TIPTON 1Apr 2024OWL CREEK OPERATING CO, INC.OWL CREEK OPERATING CO, INC.
7B-079029TIPTON 1Apr 2024DEVON GAS SERVICES, L.P.OWL CREEK OPERATING CO, INC.
7B-081595TIPTON 3Apr 2024ENBRIDGE PIPELINES (TEXAS GATHERING) LPCHRISTOPHER G HANKS
7B-082446TIPTON 4Apr 2024COLT G & P (NORTH TEXAS) L.P.EASTLAND OPERATING, L.L.C.