Laredo

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Laredo

CountyGaines County, TX
OperatorJOINT RESOURCES COMPANY
Production DatesApr 2019 - Sep 2024
Total Oil Production194,207 BBLs
Total Gas Production1,213,758 MCF
Recent Oil Production1,915 BBLs in Aug 2024
Recent Gas Production22,956 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Laredo

ShaleAssessment

Not Available

MarketMultiple

$344,057 **

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

Based on a decimal interest

Laredo Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Laredo
from Apr 2019 to Sep 2024

Wells on Laredo

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38747LAREDO 4HJOINT RESOURCES COMPANYProducingGaines County, TX32.792661-103.022648
42-165-38795LAREDO A 3HJOINT RESOURCES COMPANYProducingGaines County, TX32.792682-103.022501

Leases included in Laredo

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
8A-70977LAREDOJOINT RESOURCES COMPANYGaines County, TX
8A-71013LAREDO AJOINT RESOURCES COMPANYGaines County, TX

Nearby Properties

These are the closest 20 properties to the Laredo property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amerada HardinLea County, NM415 BBLs0 MCFOct 2024
AncellGaines County, TX253 BBLs16 MCFSep 2024
ArcoLea County, NM0 BBLs0 MCFAug 2024
C E BrooksLea County, NM0 BBLs0 MCFAug 2024
ConeLea County, NM0 BBLs0 MCFAug 2024
Cotton GinGaines County, TX1,042 BBLs108 MCFSep 2024
Cunningham, H. DGaines County, TX113 BBLs0 MCFSep 2024
DentonGaines County, TX1,522 BBLs158 MCFSep 2024
F M HollowayLea County, NM0 BBLs0 MCFFeb 1997
Federal DavisLea County, NM0 BBLs0 MCFApr 2023
FieldsGaines County, TX252 BBLs31 MCFSep 2024
HammondGaines County, TX370 BBLs0 MCFSep 2024
PatriotGaines County, TX3,092 BBLs5,616 MCFSep 2024
R F FortLea County, NM0 BBLs0 MCFOct 2000
RenegadeGaines County, TX4,024 BBLs10,627 MCFSep 2024
ScramblerGaines County, TX6,006 BBLs16,035 MCFSep 2024
South Carter Sa UnitLea County, NM171 BBLs0 MCFOct 2024
StrauchGaines County, TX283 BBLs0 MCFSep 2024
WilliamsLea County, NM0 BBLs0 MCFAug 2023
WoodGaines County, TX381 BBLs13 MCFSep 2024

Owners of Laredo

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024JOINT RESOURCES COMPANYLAREDO AJOINT RESOURCE
2024JOINT RESOURCES COMPANYLAREDOJOINT RESOURCE
2024METHODIST HOME FOUNDATIONLAREDO AJOINT RESOURCE
2024METHODIST HOME FOUNDATIONLAREDOJOINT RESOURCE
2024SAROZ LPLAREDO AJOINT RESOURCE
2024SAROZ LPLAREDOJOINT RESOURCE
2024H & K FARMSLAREDO AJOINT RESOURCE
2024CHILES SAMMY KLAREDOJOINT RESOURCE
Displaying 8 of 74 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Laredo

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-71013LAREDO AAug 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-70977LAREDOJul 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AJul 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-71013LAREDO AJul 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AJun 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-71013LAREDO AJun 2024JOINT RESOURCES COMPANY
8A-70977LAREDOJun 2024JOINT RESOURCES COMPANY
8A-70977LAREDOMay 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AMay 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-71013LAREDO AMay 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AApr 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-71013LAREDO AApr 2024JOINT RESOURCES COMPANY
8A-70977LAREDOApr 2024JOINT RESOURCES COMPANY
8A-70977LAREDOMar 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AMar 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AMar 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-70977LAREDOFeb 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AFeb 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-71013LAREDO AFeb 2024JOINT RESOURCES COMPANY
8A-71013LAREDO AJan 2024PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY
8A-71013LAREDO AJan 2024JOINT RESOURCES COMPANY
8A-70977LAREDOJan 2024JOINT RESOURCES COMPANY
8A-71013LAREDO ADec 2023JOINT RESOURCES COMPANY
8A-70977LAREDODec 2023JOINT RESOURCES COMPANY
8A-71013LAREDO ADec 2023PHILLIPS 66 COMPANYJOINT RESOURCES COMPANY