Underwood

Oil & Gas Property in Red River County, TX

Property Summary

Key data points for Underwood

CountyRed River County, TX
Production DatesNov 1996 - Sep 2024
Total Oil Production235,076 BBLs
Total Gas Production31,364 MCF
Recent Oil Production177 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for Underwood

ShaleAssessment

$12,250 *

MarketMultiple

$16,831 **

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

Based on a decimal interest

Underwood Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Underwood
from Nov 1996 to Sep 2024

Wells on Underwood

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-387-30256UNDERWOOD 1SANTA FE ENERGY CO.Plugged Oil WellRed River County, TX33.506679-95.235958
42-387-30489UNDERWOOD A 1ALCT ENERGY, LPShut InRed River County, TX33.503224-95.237583
42-387-30510UNDERWOOD 2SPARTAN OPERATING COMPANY, INC.Dry HoleRed River County, TX33.502408-95.241202
42-387-30530UNDERWOOD 3SPARTAN OPERATING COMPANY, INC.Permitted LocationRed River County, TX33.502812-95.237582
42-387-30541UNDERWOOD B 1LCT ENERGY, LPShut InRed River County, TX33.504823-95.239164
42-387-30606UNDERWOOD A 2LCT ENERGY, LPProducingRed River County, TX33.503527-95.236847
42-387-30607UNDERWOOD B 3LCT ENERGY, LPShut InRed River County, TX33.504957-95.238525

Leases included in Underwood

Lease #Lease NameOperatorCountyMonthly Oil Prod.
05-02209UNDERWOODSUNTEX OIL & GAS CO.Red River County, TX
05-03533UNDERWOODSPARTAN OPERATING COMPANY, INC.Red River County, TX
05-03617UNDERWOOD "B"LCT ENERGY, LPRed River County, TX
05-03690UNDERWOOD "A"LCT ENERGY, LPRed River County, TX

Operators Associated With Underwood

Nearby Properties

These are the closest 2 properties to the Underwood property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
StubblefieldRed River County, TX0 BBLs0 MCFOct 2023
Ward Rufus JrRed River County, TX0 BBLs0 MCFJun 2023

Companies in the Area

These are the closest 3 companies operating near the Underwood property.

Company Name
LCT Energy, LP
Spartan Operating Company, Inc.
Townes, Don

Owners of Underwood

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LCT ENERGY LPUNDERWOOD -A W#1ALCT ENERGY, LP
2024LCT ENERGY LPUNDERWOOD -BLCT ENERGY, LP
2024J B ENERGY INCUNDERWOOD -A W#1ALCT ENERGY, LP
2024HAYNES GAIL HUDSONUNDERWOOD -A W#1ALCT ENERGY, LP
2024UNDERWOOD GARY MUNDERWOOD -A W#1ALCT ENERGY, LP
2024RIOS JAMES A UNDERWOODUNDERWOOD -A W#1ALCT ENERGY, LP
2024UNDERWOOD JAMES A VUNDERWOOD -A W#1ALCT ENERGY, LP
2024TOWNES GENEUNDERWOOD -A W#1ALCT ENERGY, LP
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Underwood

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-03690UNDERWOOD "A"Jul 2024PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"May 2024PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Apr 2024PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Jul 2023PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Apr 2023PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Apr 2023PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Sep 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Jul 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Jun 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"May 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Apr 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Apr 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Mar 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Mar 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Feb 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Feb 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Jan 2022PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Dec 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Nov 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Nov 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Oct 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Oct 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Aug 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03617UNDERWOOD "B"Aug 2021PLAINS MARKETING, L.P.LCT ENERGY, LP
05-03690UNDERWOOD "A"Jul 2021PLAINS MARKETING, L.P.LCT ENERGY, LP