Joann

Oil Property in Hartley County, TX

Property Summary

Key data points for Joann

CountyHartley County, TX
OperatorFORTAY INC.
Production DatesJul 2013 - Jan 2025
Total Oil Production2,619 BBLs
Total Gas Production0 MCF
Recent Oil Production47 BBLs in Dec 2024
Recent Gas Production0 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Joann

ShaleAssessment

Not Available

MarketMultiple

$7,240 **

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

Based on a decimal interest

Joann Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Joann
from Jul 2013 to Jan 2025

Wells on Joann

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-205-30364JOANN 2FORTAY, INC.InjectionHartley County, TX35.862861-102.353090
42-205-30417JOANN UNIT 3FORTAY, INC.ProducingHartley County, TX35.862063-102.357573

Leases included in Joann

Lease #Lease NameOperatorCountyMonthly Oil Prod.
10-08926JOANNBRYANT, MALCOLMHartley County, TX
10-09510JOANNFORTAY, INC.Hartley County, TX
10-09767JOANNFORTAY, INC.Hartley County, TX
10-09783JOANN UNITFORTAY, INC.Hartley County, TX

Nearby Properties

These are the closest 9 properties to the Joann property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Big BoyHartley County, TX537 BBLs0 MCFJan 2025
BryantHartley County, TX7 BBLs0 MCFDec 2024
Bryant MalcolmHartley County, TX625 BBLs0 MCFJan 2025
CoverHartley County, TX0 BBLs0 MCFJun 2013
Dreams Of OilHartley County, TX150 BBLs0 MCFJan 2025
Easy MoneyHartley County, TX773 BBLs0 MCFJan 2025
FrantzHartley County, TX81 BBLs0 MCFJan 2025
Mary KHartley County, TX550 BBLs0 MCFJan 2025
Seeing Is BelievingHartley County, TX512 BBLs0 MCFJan 2025

Companies in the Area

These are the closest 8 companies operating near the Joann property.

Company Name
Cambridge Production, Inc.
Exxon Corporation
Fortay Inc.
Frantz Resource Management, LLC
Future Petroleum Company LLC
H-S Exploration
Rio Petroleum, Inc.
Sandlot Oil & Gas LLC

Oil & Gas Sales on Joann

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
10-09783JOANN UNITOct 2024VALERO MARKETING AND SUPPLY COMPANYFORTAY, INC.
10-09783JOANN UNITJun 2024VALERO MARKETING AND SUPPLY COMPANYFORTAY, INC.
10-09783JOANN UNITMar 2024VALERO MARKETING AND SUPPLY COMPANYFORTAY, INC.
10-09783JOANN UNITOct 2023VALERO MARKETING AND SUPPLY COMPANYFORTAY, INC.
10-09783JOANN UNITMay 2023VALERO MARKETING AND SUPPLY COMPANYFORTAY, INC.
10-09783JOANN UNITNov 2022VALERO MARKETING AND SUPPLY COMPANYFORTAY, INC.