Higg Ranch

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Higg Ranch

CountyGaines County, TX
Production DatesAug 2011 - Jun 2023
Total Oil Production1,166,801 BBLs
Total Gas Production543,307 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property7

Our Valuation Estimates for Higg Ranch

ShaleAssessment

$383,749 *

MarketMultiple

$20 **

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

Based on a decimal interest

Higg Ranch Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Higg Ranch
from Aug 2011 to Jun 2023

Wells on Higg Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-37663HIGG RANCH 494 1GUNGOLL, CARL E. EXPLORATION LLCShut InGaines County, TX32.909463-102.933644
42-165-37708HIGG RANCH 66 1GUNGOLL, CARL E. EXPLORATION LLCDry HoleGaines County, TX32.918950-102.933322
42-165-38306HIGG RANCH 100XTO ENERGY INC.Shut InGaines County, TX32.897133-102.906345
42-165-38337HIGG RANCH 206XTO ENERGY INC.Shut InGaines County, TX32.899313-102.914348
42-165-38345HIGG RANCH 200XTO ENERGY INC.Permitted LocationGaines County, TX32.898523-102.899517
42-165-38346HIGG RANCH 204XTO ENERGY INC.Permitted LocationGaines County, TX32.898893-102.909388
42-165-38663HIGG RANCH 455 1GUNGOLL, CARL E. EXPLORATION LLCProducingGaines County, TX32.905081-102.913512

Leases included in Higg Ranch

Lease #Lease NameOperatorCounty
8A-69734HIGG RANCH 456GUNGOLL, CARL E. EXPLORATION LLCGaines County, TX
8A-70398HIGG RANCHXTO ENERGY INC.Gaines County, TX
8A-70456HIGG RANCH 494GUNGOLL, CARL E. EXPLORATION LLCGaines County, TX
8A-70696HIGG RANCH 455GUNGOLL, CARL E. EXPLORATION LLCGaines County, TX
8A-71191HIGG RANCH 455GUNGOLL, CARL E. EXPLORATION LLCGaines County, TX

Operators Associated With Higg Ranch

Nearby Properties

These are the closest 20 properties to the Higg Ranch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrownGaines County, TX352 BBLs512 MCFAug 2024
Brown /GlorietGaines County, TX91 BBLs0 MCFAug 2024
FaskenGaines County, TX189 BBLs7 MCFAug 2024
George Allen UnitGaines County, TX1,488 BBLs0 MCFAug 2024
H & J 495Gaines County, TX0 BBLs0 MCFAug 2007
H & J UnitGaines County, TX3,503 BBLs1,081 MCFAug 2024
H&J SecGaines County, TX1,353 BBLs471 MCFAug 2024
Higg Ranch (San Andres) UnitGaines County, TX5,413 BBLs2,052 MCFAug 2024
Higg Ranch 30Gaines County, TX232 BBLs222 MCFAug 2024
JonesGaines County, TX0 BBLs0 MCFAug 2001
JonesGaines County, TX2,439 BBLs194 MCFAug 2024
Jones Edward HGaines County, TX214 BBLs73 MCFAug 2024
Jones EstateGaines County, TX1,278 BBLs893 MCFAug 2024
Jones HeirsGaines County, TX165 BBLs0 MCFAug 2024
Jones RanchGaines County, TX2 BBLs0 MCFJul 2024
Pierson William EstateGaines County, TX2,564 BBLs1,625 MCFAug 2024
Russell ClearforkGaines County, TX15,075 BBLs13,021 MCFAug 2024
Ruth HudsonGaines County, TX1,248 BBLs0 MCFAug 2024
TigerGaines County, TX30 BBLs0 MCFAug 2024
Tiger (San Andres) WaterfloodGaines County, TX7,818 BBLs1,574 MCFAug 2024

Owners of Higg Ranch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024GUNGOLL CARL E EXPLORATION LHIGG RANCH 455 #1GUNGOLL, CARL

Oil & Gas Sales on Higg Ranch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-71191HIGG RANCH 455Aug 2024CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455May 2024CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Apr 2024CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Mar 2024CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Feb 2024CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Jan 2024CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Dec 2023CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Nov 2023CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455May 2023CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Apr 2023CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Feb 2023CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Jan 2023CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Jan 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONCARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Nov 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Sep 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Aug 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Jul 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-71191HIGG RANCH 455Jun 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-69734HIGG RANCH 456May 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONCARL E. GUNGOLL EXPLORATION, LLC
8A-70696HIGG RANCH 455May 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONCARL E. GUNGOLL EXPLORATION, LLC
8A-70696HIGG RANCH 455Apr 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-69734HIGG RANCH 456Apr 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONCARL E. GUNGOLL EXPLORATION, LLC
8A-70696HIGG RANCH 455Mar 2022CARL E. GUNGOLL EXPLORATION, LLC
8A-69734HIGG RANCH 456Mar 2022OASIS TRANSPORTATION AND MARKETING CORPORATIONCARL E. GUNGOLL EXPLORATION, LLC
8A-69734HIGG RANCH 456Feb 2022CARL E. GUNGOLL EXPLORATION, LLC