Chance B. E. Heirs

Oil & Gas Property in Hopkins County, TX

Property Summary

Key data points for Chance B. E. Heirs

CountyHopkins County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 1993 - Sep 2024
Total Oil Production149,865 BBLs
Total Gas Production21 MCF
Recent Oil Production538 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Chance B. E. Heirs

ShaleAssessment

$35,406 *

MarketMultiple

$61,418 **

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

Based on a decimal interest

Chance B. E. Heirs Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chance B. E. Heirs
from Jan 1993 to Sep 2024

Wells on Chance B. E. Heirs

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-223-30066CHANCE B. E. HEIRS 1VALENCE OPERATING COMPANYShut InHopkins County, TX33.274050-95.661058
42-223-30498CHANCE B. E. HEIRS 2VALENCE OPERATING COMPANYProducingHopkins County, TX33.274805-95.660943

Leases included in Chance B. E. Heirs

Lease #Lease NameOperatorCountyMonthly Oil Prod.
05-01956CHANCE, B. E. HEIRSVALENCE OPERATING COMPANYHopkins County, TX

Nearby Properties

These are the closest 3 properties to the Chance B. E. Heirs property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Brantley Jackson Smackover UnitHopkins County, TX1,500 BBLs1,536 MCFSep 2024
Glossup-Bowling Oil UnitHopkins County, TX375 BBLs0 MCFSep 2024
West Brantley Jackson SM. UnitHopkins County, TX2,037 BBLs997 MCFSep 2024

Companies in the Area

These are the closest 2 companies operating near the Chance B. E. Heirs property.

Company Name
Sulphur River Exploration, Inc.
Valence Operating Company

Owners of Chance B. E. Heirs

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING COMPANYCHANCE B E HEIRSVALENCE OPERAT
2024MILFORD BENNIE DCHANCE B E HEIRSVALENCE OPERAT
2024SANDERSON TOMMIE LCHANCE B E HEIRSVALENCE OPERAT
2024VALENCE OPERATING COMPANYCHANCE B E HEIRSVALENCE OPERAT
2024SUTTON TERRY LENECHANCE B E HEIRSVALENCE OPERAT
2024STUDER FRANCIS ECHANCE B E HEIRSVALENCE OPERAT

Oil & Gas Sales on Chance B. E. Heirs

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-01956CHANCE, B. E. HEIRSAug 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJul 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJun 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSMay 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSApr 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSMar 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSFeb 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJan 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSDec 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSNov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSOct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSSep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSAug 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJul 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJun 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSMay 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSApr 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSMar 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJan 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSDec 2022DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSNov 2022DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSOct 2022DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSSep 2022DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSAug 2022DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSJul 2022DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY