Gibson Farms 171 1

Oil & Gas Property in Lipscomb County, TX

  2. Texas
  3. Lipscomb County, TX
  4. Oil & Gas Properties in Lipscomb County, TX
  5. Gibson Farms 171 1 Oil & Gas Property

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Property Summary

Key data points for Gibson Farms 171 1

CountyLipscomb County, TX
OperatorUPLAND RESOURCES LLC
Production DatesJan 2015 - Jan 2025
Total Oil Production280 BBLs
Total Gas Production612,128 MCF
Recent Oil Production54 BBLs in Dec 2024
Recent Gas Production8,715 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Gibson Farms 171 1

ShaleAssessment™

$10,260 *

MarketMultiple™

$9,004 **

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

Based on a decimal interest

Gibson Farms 171 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gibson Farms 171 1
from Jan 2015 to Jan 2025

Wells on Gibson Farms 171 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-295-34205GIBSON FARMS 171 1UPLAND RESOURCES LLCProducingLipscomb County, TX36.086619-100.111364

Leases included in Gibson Farms 171 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-279330GIBSON FARMS 171 1UPLAND RESOURCES LLCLipscomb County, TX

Nearby Properties

These are the closest 20 properties to the Gibson Farms 171 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndrewLipscomb County, TX12 BBLs1,117 MCFJan 2025
Bailey 271Lipscomb County, TX290 BBLs3,206 MCFJan 2025
BaileysLipscomb County, TX147 BBLs554 MCFJan 2025
DorseyLipscomb County, TX143 BBLs2,557 MCFJan 2025
Emporia -29- 483Lipscomb County, TX0 BBLs830 MCFJan 2025
FritzlenLipscomb County, TX5,494 BBLs41,062 MCFJan 2025
John PaulLipscomb County, TX0 BBLs1,410 MCFJan 2025
JonesLipscomb County, TX0 BBLs0 MCFDec 2013
JonesHemphill County, TX1,436 BBLs24,179 MCFJan 2025
Jones OliveHemphill County, TX0 BBLs1,962 MCFDec 2024
Jones W.S. & E.C. EstateHemphill County, TX0 BBLs0 MCFSep 2014
LewisLipscomb County, TX186 BBLs1,374 MCFJan 2025
LockhartLipscomb County, TX2 BBLs39 MCFJan 2025
PeytonLipscomb County, TX381 BBLs1,526 MCFJan 2025
TaylorLipscomb County, TX0 BBLs183 MCFDec 2024
ThomasLipscomb County, TX72 BBLs1,039 MCFJan 2025
ValerieLipscomb County, TX0 BBLs414 MCFDec 2024
WalterLipscomb County, TX71 BBLs0 MCFJan 2025
WilsonHemphill County, TX0 BBLs1,607 MCFJan 2025
Wilson EstateHemphill County, TX0 BBLs141 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Gibson Farms 171 1 property.

Company Name
Cabot Oil & Gas Corporation
Contango Resources LLC
Cox, John L.
Dreyfus, Louis Natural Gas Corp
Enron Oil & Gas Company
EOG Resources, Inc.
FX Energy Operating, LLC
Kaiser-Francis Oil Company
Kennedy & Mitchell, Inc.
Latigo Petroleum, LLC
Mewbourne Oil Company
Mobil Oil Corporation
Mobil Producing TX. & N.M. Inc.
Peak Operating Of Texas, LLC
Presidio Petroleum LLC
Strat Land Exploration Company
Unbridled Resources, LLC
Upland Resources LLC
Upland Resources, Inc.
Wiser Oil Co

Frac'ing activity on Gibson Farms 171 1

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-295-34205Gibson 171- #1

Owners of Gibson Farms 171 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024UPLAND RESOURCES LLCGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024PEYTON ROYALTIES LPGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024BARTON FAMILY MINERAL LLCGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024ABRAHAM EDWARD CGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024ABRAHAM JASON MGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024SAA INVESTMENTS LPGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024RED DEER RESOURCES LLCGIBSON FARMS 171 1UPLAND RESOURCES LLC
2024PEYTON ROYALTIES LPGIBSON FARMS 171 1UPLAND RESOURCES LLC

Oil & Gas Sales on Gibson Farms 171 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-279330GIBSON FARMS 171 1Sep 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Aug 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Jun 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1May 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Apr 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Mar 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Feb 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Jan 2024DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Dec 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Nov 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Oct 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Sep 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Aug 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Jul 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Jun 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1May 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Apr 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Mar 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Feb 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Jan 2023DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Dec 2022DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Nov 2022DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Oct 2022DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Oct 2022VALERO MARKETING AND SUPPLY COMPANYUPLAND RESOURCES LLC
10-279330GIBSON FARMS 171 1Sep 2022DCP OPERATING COMPANY, LPUPLAND RESOURCES LLC