Western T 8

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Western T 8 Oil & Gas Property

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Property Summary

Key data points for Western T 8

CountyMidland County, TX
OperatorPETROPLEX ENERGY INC.
Production DatesAug 2013 - Nov 2024
Total Oil Production147,631 BBLs
Total Gas Production217,543 MCF
Recent Oil Production1,097 BBLs in Oct 2024
Recent Gas Production2,800 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for Western T 8

ShaleAssessment™

$19,637 *

MarketMultiple™

$161,708 **

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

Based on a decimal interest

Western T 8 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Western T 8
from Aug 2013 to Nov 2024

Wells on Western T 8

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-38366WESTERN T 8 1PETROPLEX ENERGY INC.ProducingMidland County, TX32.067214-102.141802
42-329-38436WESTERN T 8 2PETROPLEX ENERGY INC.Permitted LocationMidland County, TX32.071893-102.144122
42-329-38438WESTERN T 8 3PETROPLEX ENERGY INC.Permitted LocationMidland County, TX32.072180-102.152884
42-329-38439WESTERN T 8 4PETROPLEX ENERGY INC.Permitted LocationMidland County, TX32.065214-102.150292

Leases included in Western T 8

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-44240WESTERN T 8PETROPLEX ENERGY INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the Western T 8 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldridgeMidland County, TX3,360 BBLs8,693 MCFNov 2024
Billings UnitMidland County, TX13,303 BBLs104,442 MCFNov 2024
Blackfoot EastMidland County, TX56,154 BBLs150,886 MCFNov 2024
Blackfoot West UnitMidland County, TX11,089 BBLs105,960 MCFNov 2024
Bozeman UnitMidland County, TX13,622 BBLs110,163 MCFNov 2024
Butte UnitMidland County, TX9,166 BBLs95,579 MCFNov 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX2,629 BBLs13,686 MCFNov 2024
Diamond Rio 9Midland County, TX61,924 BBLs260,273 MCFNov 2024
Estes Button 7Midland County, TX1,014 BBLs4,406 MCFNov 2024
MaskMidland County, TX640 BBLs5,259 MCFNov 2024
Mask HZ UnitMidland County, TX17,739 BBLs34,224 MCFNov 2024
MB 10HMidland County, TX10,863 BBLs15,137 MCFOct 2024
MB 11HMidland County, TX13,970 BBLs22,109 MCFOct 2024
MB 12HMidland County, TX27,906 BBLs26,021 MCFOct 2024
Missoula UnitMidland County, TX20,639 BBLs124,823 MCFNov 2024
Moss Partnership '9'Midland County, TX0 BBLs0 MCFAug 2024
ScharbauerMidland County, TX1,656 BBLs7,446 MCFNov 2024
StephensMidland County, TX121,792 BBLs322,555 MCFNov 2024
Whitefish UnitMidland County, TX12,377 BBLs43,813 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Western T 8 property.

Company Name
Barron Operating LLC
Bluestem Energy Holdings, LLC
COG Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Fasken Oil And Ranch, LTD.
Firebird Energy II LLC
Henry Resources LLC
Heritage Resources, Inc.
High Sky Partners LLC
Linn Operating, Inc.
Occidental Permian LTD.
Oxy USA Inc
Parsley Energy Operations, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
RSP Permian, LLC
Rust Oil Corp.
XTO Energy Inc.

Owners of Western T 8

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETROPLEX ENERGY INCWESTERN T 8PETROPLEX ENERGY INC
2024RCA ENERGY & REAL EST PROP LPWESTERN T 8PETROPLEX ENERGY INC
2024LGA ENERGY & REAL EST PROP LPWESTERN T 8PETROPLEX ENERGY INC
2024BURLINGTON RESOURCES OIL & GASWESTERN T 8PETROPLEX ENERGY INC
2024PETROPLEX ENERGY INCWESTERN T 8PETROPLEX ENERGY INC
2024JEFFREY R D IRREV DES B TR2015WESTERN T 8PETROPLEX ENERGY INC
2024BUTTON ESTES RANCH LTDWESTERN T 8PETROPLEX ENERGY INC
2024SOFTVEST LPWESTERN T 8PETROPLEX ENERGY INC
Displaying 8 of 95 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Western T 8

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-44240WESTERN T 8Oct 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Sep 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Sep 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Aug 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Aug 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Jul 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Jul 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Jun 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Jun 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8May 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8May 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Apr 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Apr 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Mar 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Mar 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Feb 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Feb 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Jan 2024PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Jan 2024WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Dec 2023PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Dec 2023WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Nov 2023PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Nov 2023WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Oct 2023PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Oct 2023WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.