Oil & Gas Property in Midland County, TX
Key data points for Letha
| County | Midland County, TX |
|---|---|
| Operator | TRIPOD OIL AND GAS 3 LLC |
| Production Dates | Jan 1993 - Sep 2024 |
| Total Oil Production | 620,857 BBLs |
| Total Gas Production | 19 MCF |
| Recent Oil Production | 10 BBLs in Sep 2024 |
| Recent Gas Production | 0 MCF in Sep 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Letha
ShaleAssessment™
$13,065 *
MarketMultiple™
$11,267 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Letha property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Baker | Midland County, TX | 0 BBLs | 0 MCF | Jul 2022 |
| Baumann | Midland County, TX | 12,633 BBLs | 98,787 MCF | Oct 2024 |
| Brazos Jones 8 | Midland County, TX | 1,455 BBLs | 5,364 MCF | Oct 2024 |
| Bulldog | Midland County, TX | 148,335 BBLs | 136,575 MCF | Sep 2024 |
| City Of Midland | Midland County, TX | 1,075 BBLs | 2,213 MCF | Oct 2024 |
| Coon | Midland County, TX | 40 BBLs | 115 MCF | Oct 2024 |
| Crawford | Midland County, TX | 8,075 BBLs | 53,813 MCF | Oct 2024 |
| Crawford-Tank Farm N | Midland County, TX | 23,039 BBLs | 161,740 MCF | Oct 2024 |
| Gault | Midland County, TX | 518 BBLs | 2,061 MCF | Oct 2024 |
| Gault 5 | Midland County, TX | 76,366 BBLs | 403,541 MCF | Oct 2024 |
| Jones | Midland County, TX | 578 BBLs | 3,413 MCF | Oct 2024 |
| Klapproth | Midland County, TX | 173 BBLs | 6,079 MCF | Oct 2024 |
| Lewellen | Midland County, TX | 432 BBLs | 1,528 MCF | Oct 2024 |
| Robertson | Midland County, TX | 375 BBLs | 1,675 MCF | Oct 2024 |
| Rock Unit | Midland County, TX | 370 BBLs | 1,422 MCF | Oct 2024 |
| Satterfield | Midland County, TX | 158 BBLs | 620 MCF | Oct 2024 |
| Seales | Midland County, TX | 300 BBLs | 4,125 MCF | Oct 2024 |
| Semple | Midland County, TX | 0 BBLs | 0 MCF | Aug 2024 |
| Sutton | Midland County, TX | 20 BBLs | 0 MCF | Sep 2024 |
| Ward | Midland County, TX | 631 BBLs | 116 MCF | Oct 2024 |
These are the closest 20 companies operating near the Letha property.