Texas Tech

Oil & Gas Property in Lubbock County, TX

  2. Texas
  3. Lubbock County, TX
  4. Oil & Gas Properties in Lubbock County, TX
  5. Texas Tech Oil & Gas Property

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Property Summary

Key data points for Texas Tech

CountyLubbock County, TX
OperatorSOCORRO EXPLORATION, INC.
Production DatesJan 1993 - Aug 2024
Total Oil Production533,770 BBLs
Total Gas Production1,502 MCF
Recent Oil Production875 BBLs in Jul 2024
Recent Gas Production1 MCF in Jul 2024
Wells on Property9

Our Valuation Estimates for Texas Tech

ShaleAssessment™

$54,176 *

MarketMultiple™

$123,750 **

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

Based on a decimal interest

Texas Tech Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Texas Tech
from Jan 1993 to Aug 2024

Wells on Texas Tech

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-303-30478TEXAS TECH 1NEW RESERVES GROUP, INC.Plugged Oil WellLubbock County, TX33.728806-101.735557
42-303-30564TEXAS TECH 2SOCORRO EXPLORATION, INC.ProducingLubbock County, TX33.725481-101.729493
42-303-30577TEXAS TECH 3SOCORRO EXPLORATION, INC.ProducingLubbock County, TX33.730370-101.729073
42-303-30584TEXAS TECH 4SOCORRO EXPLORATION, INC.ProducingLubbock County, TX33.724931-101.734354
42-303-30585TEXAS TECH 5NEW RESERVES GROUP, INC.Permitted LocationLubbock County, TX33.732622-101.734005
42-303-30604TEXAS TECH 6SOCORRO EXPLORATION, INC.ProducingLubbock County, TX33.725257-101.737373
42-303-31206TEXAS TECH 7SOCORRO EXPLORATION, INC.InjectionLubbock County, TX33.728166-101.731899
42-303-31274TEXAS TECH 2WISOCORRO EXPLORATION, INC.Dry HoleLubbock County, TX33.723649-101.741181
42-303-31455TEXAS TECH 8SOCORRO EXPLORATION, INC.Sidetrack Well Surface LocationLubbock County, TX33.727930-101.725589

Leases included in Texas Tech

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
8A-62524TEXAS TECHSOCORRO EXPLORATION, INC.Lubbock County, TX

Nearby Properties

These are the closest 3 properties to the Texas Tech property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AshbyLubbock County, TX3 BBLs0 MCFJul 2024
ConeLubbock County, TX0 BBLs0 MCFJun 2017
Idalou UnitLubbock County, TX3,948 BBLs16 MCFAug 2024

Companies in the Area

These are the closest 5 companies operating near the Texas Tech property.

Company Name
Headington Oil Company
Mewbourne Oil Company
SSC, Inc.
Texland Petroleum, L.P.
Winn Operating, LLC

Owners of Texas Tech

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SOCORRO EXPLORATION INCTEXAS TECHSOCORRO EXPLOR
2024EXEMPT-STATE OF TEXASTEXAS TECHSOCORRO EXPLOR
2024ARMSTRONG LOUTEXAS TECHSOCORRO EXPLOR
2024MAP00-NETTEXAS TECHSOCORRO EXPLOR
2024BROWN-DRAKE ROYALTIESTEXAS TECHSOCORRO EXPLOR
2024TEXAS TECH FOUNDATION INCTEXAS TECHSOCORRO EXPLOR
2024PRESTON LINDATEXAS TECHSOCORRO EXPLOR
2024CHILDREN'S HOME FOUNDATIONTEXAS TECHSOCORRO EXPLOR
Displaying 8 of 50 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Texas Tech

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-62524TEXAS TECHAug 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHJul 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHJun 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHMay 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHApr 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHMar 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHFeb 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHJan 2024PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHDec 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHNov 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHOct 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHSep 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHAug 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHJul 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHJun 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHMay 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHApr 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHMar 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHFeb 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHJan 2023PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHDec 2022PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHNov 2022PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHOct 2022PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHSep 2022PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.
8A-62524TEXAS TECHAug 2022PHILLIPS 66 COMPANYSOCORRO EXPLORATION, INC.