Estelle Council 70

Oil & Gas Property in Reagan County, TX

Property Summary

Key data points for Estelle Council 70

CountyReagan County, TX
Production DatesJan 1993 - Jul 2024
Total Oil Production102,964 BBLs
Total Gas Production1,373,594 MCF
Recent Oil Production98 BBLs in Jul 2024
Recent Gas Production5,886 MCF in Jul 2024
Wells on Property6

Our Valuation Estimates for Estelle Council 70

ShaleAssessment

$10,774 *

MarketMultiple

$31,100 **

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

Based on a decimal interest

Estelle Council 70 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Estelle Council 70
from Jan 1993 to Jul 2024

Wells on Estelle Council 70

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-383-31673ESTELLE COUNCIL -70- 1P1 ENERGY, LLCProducingReagan County, TX31.649142-101.293198
42-383-31761ESTELLE COUNCIL "70" 2CHAMPLIN PETROLEUM CO.Plugged Oil/Gas WellReagan County, TX31.638628-101.292732
42-383-31796ESTELLE COUNCIL -70- 3P1 ENERGY, LLCProducingReagan County, TX31.638694-101.301025
42-383-38175ESTELLE COUNCIL -70- 8P1 ENERGY, LLCProducingReagan County, TX31.642415-101.296973
42-383-38176ESTELLE COUNCIL -70- 6P1 ENERGY, LLCProducingReagan County, TX31.646015-101.296832
42-383-38188ESTELLE COUNCIL -70- 5P1 ENERGY, LLCProducingReagan County, TX31.649564-101.296808

Leases included in Estelle Council 70

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-134497ESTELLE COUNCIL -70- 1P1 ENERGY, LLCReagan County, TX
08-134498ESTELLE COUNCIL "70" 2HUNT OIL COMPANYReagan County, TX
08-134499ESTELLE COUNCIL -70- 3MERIT ENERGY COMPANYReagan County, TX
08-26104ESTELLE COUNCIL -70-UNION PACIFIC RESOURCES COMPANYReagan County, TX
08-39199ESTELLE COUNCIL "70"INDEPENDENCE RESOURCES MGMT, LLCReagan County, TX
7C-18238ESTELLE COUNCIL -70-P1 ENERGY, LLCReagan County, TX

Nearby Properties

These are the closest 20 properties to the Estelle Council 70 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarbeeSterling County, TX35,616 BBLs513,133 MCFAug 2024
Barbee C 1Glasscock County, TX2,228 BBLs59,278 MCFJul 2024
Betty Glass 42Sterling County, TX598 BBLs3,396 MCFAug 2024
BodineReagan County, TX631 BBLs14,164 MCFAug 2024
ConnollyGlasscock County, TX250 BBLs4,816 MCFAug 2024
CopeSterling County, TX618 BBLs8,865 MCFAug 2024
Cope-AndrewSterling County, TX54 BBLs1,093 MCFAug 2024
Cope-BodineReagan County, TX61 BBLs497 MCFJul 2024
Cope-Seale UnitSterling County, TX23 BBLs744 MCFAug 2024
Craven P.LGlasscock County, TX181 BBLs1,348 MCFJul 2024
CravensGlasscock County, TX223 BBLs0 MCFAug 2024
DooleyGlasscock County, TX120 BBLs3,327 MCFJul 2024
Fox SallieReagan County, TX0 BBLs2,067 MCFAug 2024
Glasscock FeeGlasscock County, TX45 BBLs3,292 MCFAug 2024
J. E. WatsonGlasscock County, TX3 BBLs547 MCFJul 2024
ReaganReagan County, TX347 BBLs18,659 MCFAug 2024
Red RiverReagan County, TX459 BBLs4,138 MCFAug 2024
Rio Grande 1Reagan County, TX193 BBLs2,226 MCFAug 2024
TerrySterling County, TX825 BBLs7,863 MCFAug 2024
Watson J.ESterling County, TX0 BBLs413 MCFJul 2024

Owners of Estelle Council 70

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024P1 ENERGY LLCCOUNCIL, ESTELLE 70P1 ENERGY LLC
2024BARBEE BILL HCOUNCIL, ESTELLE 70P1 ENERGY LLC
2024SC3M ROYALTY LPCOUNCIL, ESTELLE 70P1 ENERGY LLC
2024BARBEE BILLY HULL JRCOUNCIL, ESTELLE 70P1 ENERGY LLC
2024WELLS RESOURCES INCCOUNCIL, ESTELLE 70P1 ENERGY LLC
2024BALES MARLENECOUNCIL, ESTELLE 70P1 ENERGY LLC

Oil & Gas Sales on Estelle Council 70

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7C-18238ESTELLE COUNCIL -70-Jul 2024BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-May 2024TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-May 2024BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Apr 2024TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Apr 2024BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Mar 2024TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Feb 2024TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Feb 2024BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Jan 2024TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Jan 2024BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Dec 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Dec 2023BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Nov 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Oct 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Oct 2023BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Sep 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Sep 2023BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Aug 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Aug 2023BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Jul 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Jul 2023BML INCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Jun 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-Jun 2023RIO ENERGY INTERNATIONAL, INC.P1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-May 2023TARGA MIDSTREAM SERVICES LLCP1 ENERGY, LLC
7C-18238ESTELLE COUNCIL -70-May 2023RIO ENERGY INTERNATIONAL, INC.P1 ENERGY, LLC