Belt W.A. III

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Belt W.A. III

CountyMilam County, TX
OperatorBELMAR OIL & GAS, INC.
Production DatesOct 1997 - Aug 2024
Total Oil Production9,567 BBLs
Total Gas Production203,359 MCF
Recent Oil Production2 BBLs in Jul 2024
Recent Gas Production23 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for Belt W.A. III

ShaleAssessment

$349 *

MarketMultiple

$188 **

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

Based on a decimal interest

Belt W.A. III Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Belt W.A. III
from Oct 1997 to Aug 2024

Wells on Belt W.A. III

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-32730BELT W.A. -III- 1BELMAR OIL & GAS, INC.ProducingMilam County, TX30.621867-96.864716
42-331-32753BELT W.A. -III- 2BELMAR OIL & GAS, INC.ProducingMilam County, TX30.619641-96.868064
42-331-32813BELT W.A. III 3BELMAR OIL & GAS, INC.ProducingMilam County, TX30.624628-96.866462
42-331-32862BELT W.A. -III- 4BELMAR OIL & GAS, INC.ProducingMilam County, TX30.618522-96.871647

Leases included in Belt W.A. III

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-10198BELT, W.A. -III-BELMAR OIL & GAS, INC.Milam County, TX
01-10397BELT, W.A. IIIBELMAR OIL & GAS, INC.Milam County, TX

Nearby Properties

These are the closest 20 properties to the Belt W.A. III property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BlackburnMilam County, TX0 BBLs0 MCFJun 2024
CoffieldBurleson County, TX401 BBLs1,673 MCFAug 2024
ColdironMilam County, TX110 BBLs0 MCFAug 2024
DarbyMilam County, TX98 BBLs0 MCFAug 2024
Darby Lee RoyMilam County, TX0 BBLs0 MCFAug 2024
Glen LumpkinsMilam County, TX371 BBLs274 MCFAug 2024
GunnMilam County, TX166 BBLs0 MCFAug 2024
Hobbs WMilam County, TX0 BBLs0 MCFJan 2020
HoganMilam County, TX68 BBLs0 MCFAug 2024
JonesBurleson County, TX30 BBLs68 MCFAug 2024
KruegerMilam County, TX12 BBLs0 MCFAug 2024
MehaffeyMilam County, TX8 BBLs0 MCFAug 2024
PerryMilam County, TX0 BBLs0 MCFJul 2021
PolzerMilam County, TX0 BBLs0 MCFJun 2024
RaymondBurleson County, TX5 BBLs0 MCFAug 2024
RobertsMilam County, TX112 BBLs0 MCFAug 2024
RobinsonBurleson County, TX25 BBLs18 MCFAug 2024
Scott D. ABurleson County, TX35 BBLs0 MCFAug 2024
Seay R.E. Et AlBurleson County, TX48 BBLs300 MCFJul 2024
Speckman ElsieBurleson County, TX100 BBLs174 MCFAug 2024

Owners of Belt W.A. III

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BELMAR OIL & GAS INCBELT W A III (W#3)BELMAR OIL & G
2024BELMAR OIL & GAS INCBELT W A III (W#1,2,4)BELMAR OIL & G

Oil & Gas Sales on Belt W.A. III

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-10397BELT, W.A. IIIDec 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIINov 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIOct 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIISep 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIAug 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIJul 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIJun 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIMay 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIApr 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIMar 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIFeb 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIJan 2016BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIDec 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIINov 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIOct 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIISep 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIAug 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIJul 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIJun 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIMay 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIApr 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIMar 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIFeb 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIJan 2015BLM PIPELINE, INC.BELMAR OIL & GAS, INC.
01-10397BELT, W.A. IIIDec 2014BLM PIPELINE, INC.BELMAR OIL & GAS, INC.