Best Joe

Oil & Gas Property in Palo Pinto County, TX

  2. Texas
  3. Palo Pinto County, TX
  4. Oil & Gas Properties in Palo Pinto County, TX
  5. Best Joe Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Best Joe

CountyPalo Pinto County, TX
OperatorLEXGAS, INC.
Production DatesSep 1999 - Dec 2024
Total Oil Production16,960 BBLs
Total Gas Production746,432 MCF
Recent Oil Production5 BBLs in Nov 2024
Recent Gas Production0 MCF in Nov 2024
Wells on Property12

Our Valuation Estimates for Best Joe

ShaleAssessment™

$3,060 *

MarketMultiple™

$4,340 **

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

Based on a decimal interest

Best Joe Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Best Joe
from Sep 1999 to Dec 2024

Wells on Best Joe

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-01086BEST JOE 2LEXGAS, INC.ProducingPalo Pinto County, TX32.934528-98.412495
42-363-30890BEST JOE 4LEXGAS, INC.ProducingPalo Pinto County, TX32.942307-98.403320
42-363-30905BEST JOE 14LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.938055-98.411045
42-363-35255BEST JOE 1LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.932257-98.419018
42-363-35466BEST JOE 2LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.932408-98.410627
42-363-35476BEST JOE 3LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.928442-98.412690
42-363-35540BEST JOE 5LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.934914-98.408480
42-363-35541BEST JOE 6LEXGAS, INC.ProducingPalo Pinto County, TX32.935056-98.415088
42-363-35604BEST JOE 7LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.941740-98.404370
42-363-35642BEST JOE 9LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.939858-98.408409
42-363-35719BEST JOE 10LEXGAS, INC.Temp AbandonedPalo Pinto County, TX32.931523-98.413738
42-363-81051BEST JOE 5LEXGAS, INC.Shut InPalo Pinto County, TX32.933277-98.414256

Leases included in Best Joe

Lease #Lease NameOperatorCountyMonthly Oil Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.
7B-069002BEST JOE 14WARREN, STEVE & ASSOC. INCPalo Pinto County, TX
7B-212397BEST JOE 14LEXGAS, INC.Palo Pinto County, TX
7B-215287BEST JOE 2LEXGAS, INC.Palo Pinto County, TX
7B-215290BEST JOE 3LEXGAS, INC.Palo Pinto County, TX
7B-218566BEST JOE 5LEXGAS, INC.Palo Pinto County, TX
7B-218570BEST JOE 6LEXGAS, INC.Palo Pinto County, TX
7B-218971BEST JOE 1LEXGAS, INC.Palo Pinto County, TX
7B-224109BEST JOE 7LEXGAS, INC.Palo Pinto County, TX
7B-229309BEST JOE 9LEXGAS, INC.Palo Pinto County, TX
7B-237581BEST JOE 10LEXGAS, INC.Palo Pinto County, TX
7B-28639BEST, JOELEXGAS, INC.Palo Pinto County, TX
7B-29433BEST, JOELEXGAS, INC.Palo Pinto County, TX

Nearby Properties

These are the closest 20 properties to the Best Joe property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BridgesPalo Pinto County, TX3 BBLs2,169 MCFDec 2024
BrooksPalo Pinto County, TX0 BBLs0 MCFJun 2024
Carter BendPalo Pinto County, TX42 BBLs0 MCFDec 2024
CostelloPalo Pinto County, TX4 BBLs1,982 MCFDec 2024
EdwardsPalo Pinto County, TX36 BBLs4,054 MCFDec 2024
HinksonPalo Pinto County, TX1 BBLs1,709 MCFDec 2024
Laneve V.D. MrsPalo Pinto County, TX69 BBLs93 MCFDec 2024
Lee R.PPalo Pinto County, TX16 BBLs105 MCFDec 2024
LockhartPalo Pinto County, TX0 BBLs107 MCFDec 2024
Lockhart P.A. Jr. HeirsPalo Pinto County, TX5 BBLs537 MCFDec 2024
Maurine L. OlaughlinPalo Pinto County, TX122 BBLs1,320 MCFDec 2024
PaltexPalo Pinto County, TX0 BBLs945 MCFDec 2024
PhillipsYoung County, TX0 BBLs193 MCFDec 2024
RickelsPalo Pinto County, TX92 BBLs856 MCFDec 2024
RitchiePalo Pinto County, TX31 BBLs600 MCFDec 2024
Ritchie Waterflood UnitPalo Pinto County, TX3 BBLs0 MCFNov 2024
Rock CreekPalo Pinto County, TX0 BBLs734 MCFDec 2024
TescoPalo Pinto County, TX0 BBLs245 MCFDec 2024
William HinksonPalo Pinto County, TX80 BBLs436 MCFNov 2024
WillinghamPalo Pinto County, TX0 BBLs67 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Best Joe property.

Company Name
Akers & Fultz, Inc.
Antle Operating, Inc.
Bandera Petroleum, Inc.
Brower Oil & Gas Co., Inc.
Buck Wheat Resources, L.P.
Cumming Company, Inc. The
Dry Fork Production Co., LLC
Energy Resource & Develop., Corp
Esg Resources LLC
G & F Oil, Inc.
Hoco Inc
Lexgas, Inc.
Mitchell Energy Corp
Nokusu, LTD.
Ranger Operating Co.
Rife Oil Properties Inc
Rife, M. O., Jr.
Strand Energy, L.C.
Upham Oil & Gas Company
Wes-Mor Drilling, Inc.

Owners of Best Joe

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LEXGAS INCBEST, JOELEXGAS, INC.
2024SHARP ALLEN CBEST, JOELEXGAS, INC.
2024FMB TRUST-JABBEST, JOELEXGAS, INC.
2024LEXGAS INCBEST, JOE #9LEXGAS, INC.
2024LEXGAS INCBEST, JOE #10LEXGAS, INC.
2024LEXGAS INCBEST, JOE #14LEXGAS, INC.
2024LEXGAS INCBEST, JOE #2LEXGAS, INC.
2024LEXGAS INCBEST, JOE #3LEXGAS, INC.
Displaying 8 of 12 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Best Joe

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-28639BEST, JOESep 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEJun 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEApr 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEJan 2024TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-28639BEST, JOEJul 2023TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-215290BEST JOE 3Jun 2023LEXGAS, INC.
7B-218971BEST JOE 1Jun 2023LEXGAS, INC.
7B-215290BEST JOE 3May 2023LEXGAS, INC.
7B-218971BEST JOE 1May 2023LEXGAS, INC.
7B-28639BEST, JOEMay 2023TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-215287BEST JOE 2Mar 2023LEXGAS, INC.
7B-218566BEST JOE 5Mar 2023LEXGAS, INC.
7B-218971BEST JOE 1Mar 2023LEXGAS, INC.
7B-28639BEST, JOEMar 2023LEXGAS, INC.
7B-28639BEST, JOEMar 2023TRUE OIL TRUCKING & MARKETING, LLCLEXGAS, INC.
7B-212397BEST JOE 14Feb 2023LEXGAS, INC.
7B-215287BEST JOE 2Feb 2023LEXGAS, INC.
7B-215290BEST JOE 3Feb 2023LEXGAS, INC.
7B-218566BEST JOE 5Feb 2023LEXGAS, INC.
7B-218971BEST JOE 1Feb 2023LEXGAS, INC.
7B-237581BEST JOE 10Feb 2023LEXGAS, INC.
7B-28639BEST, JOEFeb 2023LEXGAS, INC.
7B-212397BEST JOE 14Jan 2023LEXGAS, INC.
7B-215287BEST JOE 2Jan 2023LEXGAS, INC.
7B-215290BEST JOE 3Jan 2023LEXGAS, INC.