Costello

Oil & Gas Property in Palo Pinto County, TX

Property Summary

Key data points for Costello

CountyPalo Pinto County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production7,362 BBLs
Total Gas Production730,344 MCF
Recent Oil Production3 BBLs in Aug 2024
Recent Gas Production931 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for Costello

ShaleAssessment

$1,864 *

MarketMultiple

$5,512 **

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

Based on a decimal interest

Costello Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Costello
from Jan 1993 to Sep 2024

Wells on Costello

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-31022COSTELLO 1CUMMING COMPANY, INC. THEPlugged Gas WellPalo Pinto County, TX32.917130-98.391125
42-363-31027COSTELLO CONNIE 2G & F OIL, INC.Temp AbandonedPalo Pinto County, TX32.922768-98.378837
42-363-34559COSTELLO 1ENERGY RESOURCE & DEVELOP., CORPPlugged Gas WellPalo Pinto County, TX32.925484-98.373540
42-363-34621COSTELLO 1AG & F OIL, INC.ProducingPalo Pinto County, TX32.926457-98.371760
42-363-35243COSTELLO 1UPHAM OIL & GAS COMPANYProducingPalo Pinto County, TX32.917973-98.384122
42-363-35340COSTELLO 5G & F OIL, INC.ProducingPalo Pinto County, TX32.915059-98.377394
42-363-35495COSTELLO 6G & F OIL, INC.Shut InPalo Pinto County, TX32.917322-98.375850

Leases included in Costello

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7B-068384COSTELLO 1CHOLLA PETROLEUM, INC.Palo Pinto County, TX
7B-160341COSTELLO 1J OIL & GAS INC.Palo Pinto County, TX
7B-163592COSTELLO 1AG & F OIL, INC.Palo Pinto County, TX
7B-197542COSTELLO CONNIE 2G & F OIL, INC.Palo Pinto County, TX
7B-202691COSTELLO 1UPHAM OIL & GAS COMPANYPalo Pinto County, TX
7B-209989COSTELLO 5G & F OIL, INC.Palo Pinto County, TX
7B-217688COSTELLO 6J OIL & GAS INC.Palo Pinto County, TX
7B-29886COSTELLOG & F OIL, INC.Palo Pinto County, TX

Nearby Properties

These are the closest 20 properties to the Costello property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Best JoePalo Pinto County, TX32 BBLs0 MCFSep 2024
BridgesPalo Pinto County, TX0 BBLs2,006 MCFSep 2024
BrooksPalo Pinto County, TX0 BBLs0 MCFApr 2024
Flow, DonPalo Pinto County, TX0 BBLs438 MCFSep 2024
HartnettPalo Pinto County, TX0 BBLs672 MCFAug 2024
HinksonPalo Pinto County, TX0 BBLs1,818 MCFSep 2024
JohnsonPalo Pinto County, TX36 BBLs2,095 MCFSep 2024
JonesPalo Pinto County, TX0 BBLs237 MCFSep 2024
Laneve V.D. MrsPalo Pinto County, TX95 BBLs236 MCFSep 2024
Lee R.PPalo Pinto County, TX2 BBLs103 MCFSep 2024
Lemley-VincentPalo Pinto County, TX0 BBLs0 MCFSep 2015
Lockhart P.A. Jr. HeirsPalo Pinto County, TX0 BBLs549 MCFSep 2024
Maurine L. OlaughlinPalo Pinto County, TX0 BBLs1,392 MCFSep 2024
McMurrey RanchPalo Pinto County, TX0 BBLs0 MCFJan 2024
OlaughlinPalo Pinto County, TX0 BBLs3,526 MCFSep 2024
PaltexPalo Pinto County, TX0 BBLs371 MCFSep 2024
RickelsPalo Pinto County, TX111 BBLs1,129 MCFSep 2024
Ritchie Waterflood UnitPalo Pinto County, TX4 BBLs0 MCFSep 2024
Rock CreekPalo Pinto County, TX157 BBLs786 MCFSep 2024
William HinksonPalo Pinto County, TX192 BBLs494 MCFSep 2024

Owners of Costello

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024UPHAM OIL & GAS COCOSTELLO #1UPHAM OIL & GA
2024G&F OIL INCCOSTELLO #5G & F OIL, INC
2024SHAFER MACCOSTELLO #1UPHAM OIL & GA
2024GLASGOW FAMILY TRUSTCOSTELLO #1UPHAM OIL & GA
2024BLACKERBY OLLIE ANN TR U/ACOSTELLO #1UPHAM OIL & GA
2024G&F OIL INCCOSTELLO #1AG & F OIL, INC
2024DALTON VALLEY RANCH LLCCOSTELLO #1UPHAM OIL & GA
2024MIDLAND TRUSTCOSTELLO #1UPHAM OIL & GA
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Costello

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-163592COSTELLO 1AJul 2024G & F OIL, INC.
7B-202691COSTELLO 1Jul 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Jul 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Jul 2024G & F OIL, INC.
7B-29886COSTELLOJul 2024G & F OIL, INC.
7B-163592COSTELLO 1AJun 2024G & F OIL, INC.
7B-202691COSTELLO 1Jun 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Jun 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Jun 2024G & F OIL, INC.
7B-29886COSTELLOJun 2024G & F OIL, INC.
7B-163592COSTELLO 1AMay 2024G & F OIL, INC.
7B-202691COSTELLO 1May 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1May 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5May 2024G & F OIL, INC.
7B-29886COSTELLOMay 2024G & F OIL, INC.
7B-163592COSTELLO 1AApr 2024G & F OIL, INC.
7B-202691COSTELLO 1Apr 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Apr 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Apr 2024G & F OIL, INC.
7B-29886COSTELLOApr 2024G & F OIL, INC.
7B-163592COSTELLO 1AMar 2024G & F OIL, INC.
7B-202691COSTELLO 1Mar 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-202691COSTELLO 1Mar 2024COLT G & P (NORTH TEXAS) L.P.UPHAM OIL AND GAS COMPANY
7B-209989COSTELLO 5Mar 2024G & F OIL, INC.
7B-29886COSTELLOMar 2024G & F OIL, INC.