Lake

Oil & Gas Property in Jack County, TX

  2. Texas
  3. Jack County, TX
  4. Oil & Gas Properties in Jack County, TX
  5. Lake Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Lake

CountyJack County, TX
OperatorBEST PETROLEUM EXPLORATIONS,INC.
Production DatesJan 2012 - Oct 2024
Total Oil Production121,547 BBLs
Total Gas Production535,698 MCF
Recent Oil Production10 BBLs in Sep 2024
Recent Gas Production292 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Lake

ShaleAssessment™

$5,242 *

MarketMultiple™

$10,100 **

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

Based on a decimal interest

Lake Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lake
from Jan 2012 to Oct 2024

Wells on Lake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-237-39446LAKE 1BEST PETROLEUM EXPLORATIONS,INC.Shut InJack County, TX33.267938-98.359631
42-237-39529LAKE 2BEST PETROLEUM EXPLORATIONS,INC.ProducingJack County, TX33.267927-98.356620
42-237-39610LAKE 3BEST PETROLEUM EXPLORATIONS,INC.Temp AbandonedJack County, TX33.265222-98.359702
42-237-40518LAKE 4BEST PETROLEUM EXPLORATIONS,INC.ProducingJack County, TX33.262476-98.356094

Leases included in Lake

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-283796LAKE 3BEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-32151LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-32190LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-33020LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX
09-33876LAKEBEST PETROLEUM EXPLORATIONS,INC.Jack County, TX

Nearby Properties

These are the closest 20 properties to the Lake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllarJack County, TX22 BBLs1,066 MCFSep 2024
Allar Company AJack County, TX18 BBLs536 MCFSep 2024
Blair, MaryJack County, TX0 BBLs51 MCFSep 2024
CarterJack County, TX11 BBLs0 MCFOct 2024
ClaytonJack County, TX6 BBLs450 MCFOct 2024
CozartJack County, TX5 BBLs959 MCFOct 2024
EasterJack County, TX57 BBLs1,856 MCFOct 2024
Flo-CoopJack County, TX20 BBLs0 MCFSep 2024
GrahamJack County, TX81 BBLs760 MCFOct 2024
J. R. Clayton Ranch (Caddo) UnitJack County, TX1 BBLs0 MCFSep 2024
Jones LowellJack County, TX0 BBLs155 MCFSep 2024
KingJack County, TX83 BBLs219 MCFOct 2024
LovingJack County, TX45 BBLs0 MCFOct 2024
Loving J.W. EstateJack County, TX0 BBLs0 MCFOct 2024
RoneyJack County, TX100 BBLs493 MCFOct 2024
Sanders B. GJack County, TX55 BBLs0 MCFOct 2024
South EasterJack County, TX159 BBLs857 MCFOct 2024
SublettJack County, TX90 BBLs481 MCFOct 2024
WareJack County, TX16 BBLs500 MCFOct 2024
WiltonJack County, TX27 BBLs604 MCFOct 2024

Companies in the Area

These are the closest 20 companies operating near the Lake property.

Company Name
Best Petroleum Explorations,Inc.
Bridwell Oil Company
Brown, Frank
D L Operating
Farmer, Lewis & Hayden
Hep Oil Company LTD
Jay Management Company LLC
JRJ Oil & Gas LLC
M & A Oil Company, LTD.
Mayfield Engineering Service
Mitchell Energy Corp
North Texas Plugging, LLC
P & M Construction
Petex
Rio Bravo Production, LLC
Rocking, R, Drilling & Prod Co.
Sage Oil And Gas, LLC
Shanks, Bob
Sierra Exploration Company
Xplore Operating, LLC

Owners of Lake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BEST PETROLEUM EXP INCLAKE #2BEST PETROLEUM EXPL
2024BEST PETROLEUM EXP INCLAKE #4BEST PETROLEUM EXPL

Oil & Gas Sales on Lake

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-33876LAKEAug 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJul 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEJul 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJul 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJun 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEJun 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMay 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEMay 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMay 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEApr 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMar 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEMar 2024TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEFeb 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJan 2024COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEDec 2023TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEDec 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKENov 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEOct 2023TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEOct 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKESep 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-32151LAKEAug 2023TRANSOIL MARKETING, LLCBEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEAug 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJul 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEJun 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.
09-33876LAKEMay 2023COLT G & P (NORTH TEXAS) L.P.BEST PETROLEUM EXPLORATIONS, INC.