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 - Oct 2024
Total Oil Production150,468 BBLs
Total Gas Production21 MCF
Recent Oil Production523 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Chance B. E. Heirs

ShaleAssessment

$34,975 *

MarketMultiple

$66,724 **

* 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 Oct 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, TX1,678 BBLs1,661 MCFOct 2024
Glossup-Bowling Oil UnitHopkins County, TX322 BBLs0 MCFOct 2024
West Brantley Jackson SM. UnitHopkins County, TX1,657 BBLs646 MCFOct 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. HEIRSOct 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-01956CHANCE, B. E. HEIRSSep 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
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