Babe 940

Oil & Gas Property in Lipscomb County, TX

  2. Texas
  3. Lipscomb County, TX
  4. Oil & Gas Properties in Lipscomb County, TX
  5. Babe 940 Oil & Gas Property

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Property Summary

Key data points for Babe 940

CountyLipscomb County, TX
Production DatesMay 2007 - Dec 2024
Total Oil Production82,589 BBLs
Total Gas Production2,344,102 MCF
Recent Oil Production141 BBLs in Nov 2024
Recent Gas Production2,963 MCF in Nov 2024
Wells on Property3

Our Valuation Estimates for Babe 940

ShaleAssessment™

$10,027 *

MarketMultiple™

$34,929 **

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

Based on a decimal interest

Babe 940 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Babe 940
from May 2007 to Dec 2024

Wells on Babe 940

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-295-33155BABE 940 3HPRESIDIO PETROLEUM LLCTemp AbandonedLipscomb County, TX36.353014-100.518602
42-295-33755BABE 940 2HMCOURSON OIL & GAS, INC.ProducingLipscomb County, TX36.346701-100.514671
42-295-33788BABE 940 4HMCOURSON OIL & GAS, INC.ProducingLipscomb County, TX36.362447-100.527447

Leases included in Babe 940

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-08718BABE 940COURSON OIL & GAS, INC.Lipscomb County, TX
10-228570BABE 940 3HPRESIDIO PETROLEUM LLCLipscomb County, TX

Operators Associated With Babe 940

Nearby Properties

These are the closest 20 properties to the Babe 940 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angel 909Lipscomb County, TX98 BBLs311 MCFDec 2024
BaileyLipscomb County, TX246 BBLs845 MCFDec 2024
BlauLipscomb County, TX0 BBLs0 MCFOct 2024
BrillhartLipscomb County, TX260 BBLs12,810 MCFDec 2024
Buddy 998Lipscomb County, TX476 BBLs3,661 MCFDec 2024
Chance 1086Lipscomb County, TX0 BBLs0 MCFDec 2024
Collette 1029Lipscomb County, TX180 BBLs1,414 MCFDec 2024
DooneyLipscomb County, TX325 BBLs2,532 MCFDec 2024
DukeOchiltree County, TX39 BBLs1,219 MCFDec 2024
GinterLipscomb County, TX5 BBLs0 MCFNov 2024
GrayLipscomb County, TX0 BBLs313 MCFDec 2024
HerbertLipscomb County, TX0 BBLs0 MCFDec 2024
KatherineLipscomb County, TX127 BBLs2,857 MCFDec 2024
Lesa Lynette 1027Lipscomb County, TX255 BBLs1,303 MCFDec 2024
Paine BroLipscomb County, TX37 BBLs561 MCFNov 2024
Pedro 850Ochiltree County, TX0 BBLs0 MCFFeb 2024
Reckless 1028Lipscomb County, TX300 BBLs1,120 MCFDec 2024
ReynoldsLipscomb County, TX82 BBLs341 MCFDec 2024
SpencerOchiltree County, TX343 BBLs1,979 MCFDec 2024
Stormy 1084Lipscomb County, TX282 BBLs3,543 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Babe 940 property.

Company Name
Amarillo Exploration, Inc.
Berexco Inc.
Courson Oil & Gas, Inc.
EOG Resources, Inc.
General Atlantic Resources Inc
Highmark Energy Operating, LLC
Holmes Exploration, LLC
Horizon Natural Gas Company
Kerr-McGee Corporation
King Operating Corporation
Mewbourne Oil Company
Midstates Petroleum Company LLC
Natural Gas Anadarko Company
Overflow Energy, LLC
Phillips Petroleum Company
Presidio Petroleum LLC
Sandlot Oil & Gas LLC
Unbridled Resources, LLC
Washita Oil And Gas, L.L.C.
Williford Energy Company

Owners of Babe 940

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024COURSON OIL & GAS INCBABE 940 2HMCOURSON OIL & GAS
2024ROBBINS JOHNBABE 940 2HMCOURSON OIL & GAS
2024CONCORD ROYALTIES LLCBABE 940 2HMCOURSON OIL & GAS
2024LOESCH DELMAR & KARENBABE 940 2HMCOURSON OIL & GAS
2024LOESCH CLIFFTON RAYBABE 940 2HMCOURSON OIL & GAS
2024PRESIDIO PETROLEUM LLCBABE 940 #3HPRESIDIO PETROLEUM
2024WINTERS CARLTON RBABE 940 2HMCOURSON OIL & GAS
2024REESE CAROL & JAMES JTWFROSBABE 940 2HMCOURSON OIL & GAS
Displaying 8 of 95 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Babe 940

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-08718BABE 940Oct 2024VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Oct 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Sep 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Sep 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Sep 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Aug 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Aug 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Aug 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Aug 2024VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Jul 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Jul 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Jul 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Jun 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Jun 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Jun 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Jun 2024VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940May 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940May 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940May 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2024VALERO MARKETING AND SUPPLY COMPANYCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2024ET GATHERING & PROCESSING LLCCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.
10-08718BABE 940Apr 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Mar 2024COURSON OIL & GAS, INC.COURSON OIL & GAS, INC.
10-08718BABE 940Mar 2024DCP OPERATING COMPANY, LPCOURSON OIL & GAS, INC.