FR Iridium 11

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for FR Iridium 11

CountyMidland County, TX
OperatorOXYROCK OPERATING, LLC
Production DatesJul 2017 - Oct 2024
Total Oil Production102,530 BBLs
Total Gas Production397,410 MCF
Recent Oil Production1,750 BBLs in Sep 2024
Recent Gas Production8,301 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for FR Iridium 11

ShaleAssessment

$19,433 *

MarketMultiple

$209,855 **

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

Based on a decimal interest

FR Iridium 11 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for FR Iridium 11
from Jul 2017 to Oct 2024

Wells on FR Iridium 11

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-41143FR IRIDIUM 11 1OXYROCK OPERATING, LLCProducingMidland County, TX31.894809-101.819472

Leases included in FR Iridium 11

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49249FR IRIDIUM 11OXYROCK OPERATING, LLCMidland County, TX

Nearby Properties

These are the closest 20 properties to the FR Iridium 11 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alkaline EarthMidland County, TX35,874 BBLs355,810 MCFOct 2024
AvogadroMidland County, TX30,484 BBLs387,364 MCFOct 2024
FR Helium 9Midland County, TX378 BBLs1,092 MCFOct 2024
FR Krypton 14Midland County, TX271 BBLs3,422 MCFOct 2024
FR Neon 15Midland County, TX344 BBLs509 MCFOct 2024
FR Strontium 9Midland County, TX465 BBLs1,516 MCFOct 2024
FR Tin 9Midland County, TX508 BBLs2,793 MCFOct 2024
FR Unobtanium 1411Midland County, TX43,339 BBLs363,460 MCFOct 2024
FR Xenon 24Midland County, TX374 BBLs6,699 MCFOct 2024
Margaret MaryMidland County, TX688 BBLs1,298 MCFOct 2024
MendeleevMidland County, TX42,908 BBLs467,026 MCFOct 2024
MithrilMidland County, TX16,679 BBLs72,205 MCFOct 2024
Powell R.VMidland County, TX266 BBLs32 MCFOct 2024
Tex HarveyMidland County, TX267,497 BBLs592,663 MCFOct 2024
VibraniumMidland County, TX10,431 BBLs40,196 MCFOct 2024
WTH 10-3Midland County, TX15,920 BBLs163,502 MCFOct 2024
WTH 2Midland County, TX17,244 BBLs126,849 MCFOct 2024
WTH E 15-22Midland County, TX586 BBLs17,907 MCFOct 2024
WTH F 15-22Midland County, TX91 BBLs25,666 MCFOct 2024
WTH G 15-22Midland County, TX42 BBLs7,978 MCFOct 2024

Owners of FR Iridium 11

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CROWNQUEST OPERATING LLCFR IRIDIUM 11CROWNQUEST OPERATING
2024FLOYD JAY H TIMBER JRFR IRIDIUM 11CROWNQUEST OPERATING
2024FLOYD JAY H TIMBER JRFR IRIDIUM 11CROWNQUEST OPERATING
2024FLOYD ROBERT CFR IRIDIUM 11CROWNQUEST OPERATING
2024CROWNROCK MINERALS LPFR IRIDIUM 11CROWNQUEST OPERATING
2024SLONE BROTHERS LLCFR IRIDIUM 11CROWNQUEST OPERATING
2024UNIVERSAL GUARANTY LIFE INS COFR IRIDIUM 11CROWNQUEST OPERATING
2024SOFTVEST LPFR IRIDIUM 11CROWNQUEST OPERATING

Oil & Gas Sales on FR Iridium 11

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49249FR IRIDIUM 11Sep 2024ET GATHERING & PROCESSING LLCOXYROCK OPERATING, LLC
08-49249FR IRIDIUM 11Sep 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCOXYROCK OPERATING, LLC
08-49249FR IRIDIUM 11Aug 2024ET GATHERING & PROCESSING LLCOXYROCK OPERATING, LLC
08-49249FR IRIDIUM 11Aug 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCOXYROCK OPERATING, LLC
08-49249FR IRIDIUM 11Jul 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Jul 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Jun 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11May 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11May 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Apr 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Mar 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Mar 2024ENTERPRISE MIDLAND BASIN MIDSTREAM LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Feb 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Jan 2024ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Dec 2023ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Nov 2023ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Oct 2023ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Sep 2023ET GATHERING & PROCESSING LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Sep 2023ENTERPRISE MIDLAND BASIN MIDSTREAM LLCCROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Aug 2023ETC TEXAS PIPELINE, LTD.CROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Jul 2023ETC TEXAS PIPELINE, LTD.CROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Jun 2023ETC TEXAS PIPELINE, LTD.CROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11May 2023ETC TEXAS PIPELINE, LTD.CROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Apr 2023ETC TEXAS PIPELINE, LTD.CROWNQUEST OPERATING, LLC
08-49249FR IRIDIUM 11Mar 2023ETC TEXAS PIPELINE, LTD.CROWNQUEST OPERATING, LLC