Shanks

Gas Property in Jim Wells County, TX

  2. Texas
  3. Jim Wells County, TX
  4. Oil & Gas Properties in Jim Wells County, TX
  5. Shanks Gas Property

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Property Summary

Key data points for Shanks

CountyJim Wells County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production0 BBLs
Total Gas Production633,443 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production650 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Shanks

ShaleAssessment™

$1,157 *

MarketMultiple™

$871 **

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

Based on a decimal interest

Shanks Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Shanks
from Jan 1993 to Dec 2024

Wells on Shanks

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-249-30441SHANKS H.S. 1ZELAYA OIL AND GAS, LLCProducingJim Wells County, TX27.954299-98.126258
42-249-30522SHANKS H.S. 2ZELAYA OIL AND GAS, LLCProducingJim Wells County, TX27.947737-98.131030
42-249-32336SHANKS 3LIVE OAK RESERVES, INC.Permitted LocationJim Wells County, TX27.950805-98.127194

Leases included in Shanks

Lease #Lease NameOperatorCountyMonthly Gas Prod.
04-065626SHANKS H.S. 1ZELAYA OIL AND GAS, LLCJim Wells County, TX
04-071004SHANKS H.S. 2ZELAYA OIL AND GAS, LLCJim Wells County, TX

Operators Associated With Shanks

Nearby Properties

These are the closest 7 properties to the Shanks property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baker A.J. HJim Wells County, TX0 BBLs525 MCFDec 2024
Luby 1Jim Wells County, TX86 BBLs10,490 MCFJan 2025
Price C.WJim Wells County, TX0 BBLs12 MCFDec 2024
ShaefferJim Wells County, TX7 BBLs0 MCFDec 2024
ShaefferJim Wells County, TX0 BBLs2,596 MCFJan 2025
Trejo 1Jim Wells County, TX26 BBLs4,947 MCFDec 2024
ZwernemannJim Wells County, TX3 BBLs1,200 MCFDec 2024

Companies in the Area

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

Company Name
Abaco Operating, LLC
Austin Resources Corporation
Baker Petroleum
Big Shell Oil & Gas, Inc.
Bishop Petroleum Inc.
Brown, Russell Operator, Inc.
CD Consulting & Operating Co.
Great Texas Crude Inc.
Hunter Petroleum Inc.
Live Oak Reserves, Inc.
Marwell Petroleum LTD Partnrship
Moose Oil & Gas Co.
Petroleum Management, Inc.
San Isidro Development Co, L. C.
Saxet Petroleum, Inc.
Slawson Exploration Company Inc
Texaco E & P Inc
Union Pacific Resources Co.
Western Gulf Oil & Gas, LLC
Zelaya Oil And Gas, LLC

Owners of Shanks

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ZELAYA OIL AND GAS LLCSHANKS, H SZELAYA OIL AND GAS, LL
2024SHANKS FAMILY LTD PARTNERSHIPSHANKS, H SZELAYA OIL AND GAS, LL
2024SJOLANDER BILLSHANKS, H SZELAYA OIL AND GAS, LL

Oil & Gas Sales on Shanks

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-071004SHANKS H.S. 2Apr 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Apr 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Mar 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Mar 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Feb 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Feb 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Jan 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Jan 2011ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Dec 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Dec 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Nov 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Nov 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Oct 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Oct 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Sep 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Sep 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Aug 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Aug 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Jul 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Jul 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Jun 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1Jun 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2May 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-065626SHANKS H.S. 1May 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.
04-071004SHANKS H.S. 2Apr 2010ENERFIN AGUA DULCE LPLIVE OAK RESERVES, INC.