Locke Partnership

Oil & Gas Property in McMullen County, TX

Property Summary

Key data points for Locke Partnership

CountyMcMullen County, TX
Production DatesJun 2024 - Aug 2024
Total Oil Production205,906 BBLs
Total Gas Production21,202 MCF
Recent Oil Production89,135 BBLs in Jul 2024
Recent Gas Production6,299 MCF in Jul 2024
Wells on Property11

Our Valuation Estimates for Locke Partnership

ShaleAssessment

$140,378 *

MarketMultiple

$2,439,400 **

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

Based on a decimal interest

Locke Partnership Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Locke Partnership
from Jun 2024 to Aug 2024

Wells on Locke Partnership

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
42-311-34933LOCKE PARTNERSHIP 1HGULFTEX ENERGY, LLCProducingMcMullen County, TX28.627661-98.628114
42-311-35186LOCKE PARTNERSHIP 4HGULFTEX ENERGY, LLCProducingMcMullen County, TX28.629750-98.622622
42-311-35296LOCKE PARTNERSHIP 8HGULFTEX ENERGY, LLCProducingMcMullen County, TX28.630783-98.616976
42-311-36535LOCKE PARTNERSHIP 5HEOG RESOURCES, INC.Horizontal Well Surface LocatioMcMullen County, TX28.629269-98.619695
42-311-36536LOCKE PARTNERSHIP 6HEOG RESOURCES, INC.Horizontal Well Surface LocatioMcMullen County, TX28.629303-98.619593
42-311-36537LOCKE PARTNERSHIP 7HEOG RESOURCES, INC.Horizontal Well Surface LocatioMcMullen County, TX28.629333-98.619490
42-311-37453LOCKE PARTNERSHIP B 2HGULFTEX ENERGY, LLCHorizontal Well Surface LocatioMcMullen County, TX28.628947-98.622300
42-311-37454LOCKE PARTNERSHIP E 5HGULFTEX ENERGY, LLCHorizontal Well Surface LocatioMcMullen County, TX28.628987-98.622151
42-311-37455LOCKE PARTNERSHIP F 6HGULFTEX ENERGY, LLCHorizontal Well Surface LocatioMcMullen County, TX28.629007-98.622077
42-311-37456LOCKE PARTNERSHIP G 7HGULFTEX ENERGY, LLCHorizontal Well Surface LocatioMcMullen County, TX28.629028-98.622004
42-311-37464LOCKE PARTNERSHIP C 3HGULFTEX ENERGY, LLCHorizontal Well Surface LocatioMcMullen County, TX28.628966-98.622226

Leases included in Locke Partnership

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-16241LOCKE PARTNERSHIPGULFTEX ENERGY, LLCMcMullen County, TX

Operators Associated With Locke Partnership

Nearby Properties

These are the closest 20 properties to the Locke Partnership property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CountissMcMullen County, TX19,873 BBLs14,295 MCFAug 2024
DK SouthMcMullen County, TX3,401 BBLs1,531 MCFAug 2024
DK UnitMcMullen County, TX4,480 BBLs4,522 MCFAug 2024
Four K PartnersMcMullen County, TX24,470 BBLs26,519 MCFAug 2024
Fox CreekMcMullen County, TX5,250 BBLs3,049 MCFAug 2024
Fox Creek Ranch Unit AMcMullen County, TX43,721 BBLs32,733 MCFJul 2024
Fox Edwards HC1McMullen County, TX8,096 BBLs5,336 MCFAug 2024
FranklinMcMullen County, TX46,285 BBLs42,064 MCFJul 2024
Gann FestervanAtascosa County, TX494 BBLs0 MCFAug 2024
Haynes AMcMullen County, TX1,409 BBLs2,247 MCFAug 2024
Jeanes-JPP Unit (Alloc)Atascosa County, TX804 BBLs191 MCFAug 2024
KassnerMcMullen County, TX0 BBLs0 MCFAug 2016
Kassner Energy Management,LLCMcMullen County, TX0 BBLs0 MCFApr 2024
KuykendallMcMullen County, TX556 BBLs0 MCFJul 2024
Lottie LeeMcMullen County, TX1,273 BBLs479 MCFJul 2024
MurrayMcMullen County, TX167 BBLs626 MCFAug 2024
PudgeMcMullen County, TX1,073 BBLs234 MCFJul 2024
Pudge DavisMcMullen County, TX15,491 BBLs439 MCFAug 2024
Ralph EdwardsMcMullen County, TX42,299 BBLs30,051 MCFAug 2024
Riley Potts UnitAtascosa County, TX2,830 BBLs2,629 MCFAug 2024

Owners of Locke Partnership

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024GULFTEX ENERGY LLCLOCKE PARTNERSHIPGULFTEX ENERGY
2024RETAMA MINERALS LPLOCKE PARTNERSHIPGULFTEX ENERGY

Oil & Gas Sales on Locke Partnership

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-16241LOCKE PARTNERSHIPAug 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPJul 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPJul 2024GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPJun 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPJun 2024GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPApr 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPApr 2024GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPMar 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPMar 2024GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPFeb 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPFeb 2024GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPJan 2024PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPJan 2024GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPDec 2023PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPDec 2023GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPNov 2023PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPNov 2023GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPOct 2023PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPSep 2023PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPSep 2023GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPAug 2023PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPAug 2023GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPJul 2023PLAINS MARKETING, L.P.GULFTEX ENERGY, LLC
01-16241LOCKE PARTNERSHIPJul 2023GULFTEX ENERGY V, LP
01-16241LOCKE PARTNERSHIPJun 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.