Corvette

Oil & Gas Property in McMullen County, TX

Property Summary

Key data points for Corvette

CountyMcMullen County, TX
OperatorRIDGEMAR ENERGY OPERATING, LLC
Production DatesFeb 2013 - Aug 2024
Total Oil Production1,594,189 BBLs
Total Gas Production1,727,620 MCF
Recent Oil Production1,510 BBLs in Aug 2024
Recent Gas Production1,451 MCF in Aug 2024
Wells on Property12

Our Valuation Estimates for Corvette

ShaleAssessment

$203,880 *

MarketMultiple

$353,578 **

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

Based on a decimal interest

Corvette Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Corvette
from Feb 2013 to Aug 2024

Wells on Corvette

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-311-35191CORVETTE C 1HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.631378-98.513574
42-311-35373CORVETTE A 1HRidgemar Energy Operating, LLCShut InMcMullen County, TX28.631081-98.530440
42-311-35966CORVETTE C 2HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.628976-98.528573
42-311-35967CORVETTE C 3HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.628894-98.528572
42-311-35970CORVETTE C 4HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.628811-98.528572
42-311-35982CORVETTE A 2HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.629704-98.530208
42-311-35983CORVETTE A 3HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.629621-98.530211
42-311-35984CORVETTE A 4HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.629539-98.530211
42-311-36016CORVETTE C 5HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.626643-98.528730
42-311-36017CORVETTE C 6HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.626560-98.528730
42-311-36252CORVETTE A 5HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.629058-98.530243
42-311-36253CORVETTE A 6HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.629052-98.530337

Leases included in Corvette

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-16641CORVETTE CRidgemar Energy Operating, LLCMcMullen County, TX
01-17018CORVETTE ARidgemar Energy Operating, LLCMcMullen County, TX

Nearby Properties

These are the closest 20 properties to the Corvette property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CobraMcMullen County, TX54 BBLs147 MCFAug 2024
CountissMcMullen County, TX16,767 BBLs14,067 MCFSep 2024
DickeAtascosa County, TX0 BBLs0 MCFNov 2020
Dicke A UnitAtascosa County, TX1,122 BBLs388 MCFSep 2024
Dicke B UnitAtascosa County, TX2,647 BBLs2,502 MCFSep 2024
Dicke C UnitAtascosa County, TX779 BBLs701 MCFSep 2024
Dickie F. HAtascosa County, TX2 BBLs0 MCFAug 2024
Four K PartnersMcMullen County, TX23,186 BBLs25,958 MCFSep 2024
Gran Torino AMcMullen County, TX484 BBLs417 MCFAug 2024
Haynes AMcMullen County, TX1,369 BBLs1,940 MCFSep 2024
Herrera GMcMullen County, TX212 BBLs0 MCFAug 2024
KassnerMcMullen County, TX0 BBLs0 MCFAug 2016
Kassner Energy Management,LLCMcMullen County, TX0 BBLs0 MCFApr 2024
Koenig UnitAtascosa County, TX717 BBLs184 MCFSep 2024
LewisMcMullen County, TX224 BBLs0 MCFSep 2024
Lewis, Eva CoeMcMullen County, TX0 BBLs0 MCFMay 2019
RabkeMcMullen County, TX180 BBLs0 MCFAug 2024
Rabke-MasperoMcMullen County, TX599 BBLs0 MCFAug 2024
Sting Ray AMcMullen County, TX11,772 BBLs24,605 MCFAug 2024
WheelerMcMullen County, TX0 BBLs0 MCFMay 2022

Owners of Corvette

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RIDGEMAR ENERGY OPERATING LLCCORVETTE CRIDGEMAR ENERG
2024RIDGEMAR ENERGY OPERATING LLCCORVETTE A 1H/2H/3HRIDGEMAR ENERG
2024RIDGEMAR ENERGY OPERATING LLCCORVETTE A 4HRIDGEMAR ENERG
2024RIDGEMAR ENERGY OPERATING LLCCORVETTE A 6HRIDGEMAR ENERG
2024RIDGEMAR ENERGY OPERATING LLCCORVETTE A 5HRIDGEMAR ENERG
2024RABKE JOE BCORVETTE CRIDGEMAR ENERG
2024PARKER PATRICIA RCORVETTE CRIDGEMAR ENERG
2024RABKE STEPHEN FCORVETTE CRIDGEMAR ENERG
Displaying 8 of 251 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Corvette

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-16641CORVETTE CJun 2024RIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AJun 2024RIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AMay 2024RIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CMay 2024RIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CApr 2024SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AApr 2024RIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AApr 2024SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CApr 2024RIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AMar 2024RIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CMar 2024RIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CMar 2024RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CMar 2024SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AMar 2024SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CFeb 2024SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CFeb 2024RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CFeb 2024RIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AFeb 2024SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AFeb 2024RIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CJan 2024RIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AJan 2024EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-17018CORVETTE AJan 2024RIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CJan 2024EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CDec 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CDec 2023RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16641CORVETTE CDec 2023SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC