Spires Ranch

Oil Property in Kent County, TX

Property Summary

Key data points for Spires Ranch

CountyKent County, TX
Production DatesApr 2024 - Sep 2024
Total Oil Production20,381 BBLs
Total Gas Production0 MCF
Recent Oil Production3,310 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for Spires Ranch

ShaleAssessment

Not Available

MarketMultiple

$307,655 **

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

Based on a decimal interest

Spires Ranch Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spires Ranch
from Apr 2024 to Sep 2024

Wells on Spires Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-263-31514SPIRES RANCH 84-1 1EP OPERATING LIMITED PARTNERSHIPDry HoleKent County, TX33.159507-100.850935
42-263-31526SPIRES RANCH 114 1EP OPERATING LIMITED PARTNERSHIPDry HoleKent County, TX33.180771-100.855478
42-263-31557SPIRES RANCH "115" 1ORMAND, DON R.Dry HoleKent County, TX33.184233-100.878559
42-263-32150SPIRES RANCH A 103 1JOINT RESOURCES COMPANYShut InKent County, TX33.172099-100.855504
42-263-32158SPIRES RANCH B 103 2JOINT RESOURCES COMPANYProducingKent County, TX33.165853-100.857706
42-263-32168SPIRES RANCH C 103 3JOINT RESOURCES COMPANYPermitted LocationKent County, TX33.169477-100.863573
42-263-32172SPIRES RANCH B 103 1JOINT RESOURCES COMPANYPermitted LocationKent County, TX33.167869-100.860792

Leases included in Spires Ranch

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-71327SPIRES RANCH A 103JOINT RESOURCES COMPANYKent County, TX
8A-71372SPIRES RANCH B 103JOINT RESOURCES COMPANYKent County, TX

Nearby Properties

These are the closest 10 properties to the Spires Ranch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ClairemontKent County, TX201 BBLs0 MCFSep 2024
Davis H. WKent County, TX171 BBLs0 MCFAug 2024
Double MoKent County, TX4,777 BBLs0 MCFSep 2024
Jones PercyKent County, TX639 BBLs0 MCFSep 2024
Jones Percy Estate TR. 6Kent County, TX735 BBLs0 MCFSep 2024
Mays TrustKent County, TX321 BBLs0 MCFSep 2024
McMeans W. G. Operating AreaKent County, TX0 BBLs0 MCFJan 2022
Salt Creek Field UnitKent County, TX125,342 BBLs418,089 MCFSep 2024
StewartKent County, TX207 BBLs0 MCFSep 2024
YoungKent County, TX0 BBLs0 MCFFeb 2020

Oil & Gas Sales on Spires Ranch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
8A-71372SPIRES RANCH B 103Aug 2024CONCORD ENERGY LLCJOINT RESOURCES COMPANY
8A-71372SPIRES RANCH B 103Jul 2024CONCORD ENERGY LLCJOINT RESOURCES COMPANY