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 - Sep 2024
Total Oil Production145,619 BBLs
Total Gas Production214,188 MCF
Recent Oil Production1,263 BBLs in Aug 2024
Recent Gas Production1,807 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Western T 8

ShaleAssessment™

$20,372 *

MarketMultiple™

$162,747 **

* 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 Sep 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, TX4,021 BBLs12,728 MCFSep 2024
Billings UnitMidland County, TX14,730 BBLs79,227 MCFSep 2024
Blackfoot EastMidland County, TX59,424 BBLs144,706 MCFSep 2024
Blackfoot West UnitMidland County, TX7,650 BBLs85,809 MCFSep 2024
Bozeman UnitMidland County, TX13,288 BBLs109,939 MCFSep 2024
Butte UnitMidland County, TX7,052 BBLs84,316 MCFSep 2024
ChapsMidland County, TX0 BBLs0 MCFFeb 2023
D EvansMidland County, TX1,350 BBLs8,531 MCFSep 2024
Diamond Rio 9Midland County, TX56,163 BBLs239,396 MCFSep 2024
Estes Button 7Midland County, TX1,117 BBLs2,766 MCFSep 2024
MaskMidland County, TX699 BBLs6,742 MCFSep 2024
Mask HZ UnitMidland County, TX18,221 BBLs39,507 MCFSep 2024
MB 10HMidland County, TX14,768 BBLs13,540 MCFSep 2024
MB 11HMidland County, TX18,516 BBLs19,308 MCFSep 2024
MB 12HMidland County, TX32,050 BBLs31,646 MCFSep 2024
Missoula UnitMidland County, TX20,776 BBLs121,442 MCFSep 2024
Moss Partnership '9'Midland County, TX170 BBLs860 MCFAug 2024
ScharbauerMidland County, TX1,600 BBLs8,985 MCFSep 2024
StephensMidland County, TX151,222 BBLs353,915 MCFSep 2024
Whitefish UnitMidland County, TX11,658 BBLs42,340 MCFSep 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
2024LGA ENERGY & REAL EST PROP LPWESTERN T 8PETROPLEX ENERGY INC
2024RCA 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
2024MAP2015-OKWESTERN 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 8Aug 2024PLAINS MARKETING, 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.
08-44240WESTERN T 8Sep 2023PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Sep 2023WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Aug 2023PLAINS MARKETING, L.P.PETROPLEX ENERGY, INC.
08-44240WESTERN T 8Aug 2023WTG GAS PROCESSING, L.P.PETROPLEX ENERGY, INC.