Betts

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Betts

CountyReeves County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production1,024,495 BBLs
Total Gas Production4,095,790 MCF
Recent Oil Production4,103 BBLs in Aug 2024
Recent Gas Production20,996 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Betts

ShaleAssessment

$188,097 *

MarketMultiple

$616,104 **

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

Based on a decimal interest

Betts Production Graph

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

Wells on Betts

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-30384BETTS, W. H. 1ENRON OIL & GAS COMPANYPlugged Gas WellReeves County, TX31.587588-103.649907
42-389-33509BETTS 54-4-26 RVS 1HANADARKO E&P ONSHORE LLCProducingReeves County, TX31.565517-103.655704
42-389-34937BETTS 54-4-20 1HANADARKO E&P ONSHORE LLCProducingReeves County, TX31.593521-103.638359
42-389-35086BETTS 54-4-24 1HANADARKO E&P ONSHORE LLCProducingReeves County, TX31.577614-103.635661

Leases included in Betts

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-067508BETTS, W. H. 1ENRON OIL & GAS COMPANYReeves County, TX
08-157065BETTS, W. H. 1ENRON OIL & GAS COMPANYReeves County, TX
08-280913BETTS 54-4-20 1HANADARKO E&P ONSHORE LLCReeves County, TX
08-285101BETTS 54-4-24 1HANADARKO E&P ONSHORE LLCReeves County, TX
08-44643BETTS 54-4-26 RVSANADARKO E&P ONSHORE LLCReeves County, TX
08-48254BETTS 54-4-24ANADARKO E&P ONSHORE LLCReeves County, TX

Operators Associated With Betts

Nearby Properties

These are the closest 20 properties to the Betts property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alameda State Unit 54-8-1Reeves County, TX10,575 BBLs102,784 MCFSep 2024
Baxter Springs 54-4-33 1HReeves County, TX1,258 BBLs16,420 MCFSep 2024
Checkers State Unit 54-12-21Reeves County, TX18,080 BBLs176,509 MCFSep 2024
Deguello Unit 54-7-2Reeves County, TX27,015 BBLs194,500 MCFSep 2024
Donnell 54-4-22Reeves County, TX1,373 BBLs8,469 MCFSep 2024
Fiver State 18Reeves County, TX38,142 BBLs303,430 MCFSep 2024
Fort Pillow 54-4-13 1HReeves County, TX1,977 BBLs11,095 MCFSep 2024
Gavster State 32aReeves County, TX2,605 BBLs26,351 MCFSep 2024
Herc State 6-15-54-4Reeves County, TX18,451 BBLs126,144 MCFSep 2024
Johnson 54-22Reeves County, TX323 BBLs1,999 MCFSep 2024
Liberty State Unit 9-69Reeves County, TX19,097 BBLs128,756 MCFSep 2024
Saratoga State 54-4-10 UnitReeves County, TX7,958 BBLs45,073 MCFSep 2024
Shoshoni 54-4-35Reeves County, TX782 BBLs19,741 MCFSep 2024
StateReeves County, TX1,124 BBLs1,492 MCFSep 2024
Summit Point 54-4-31 1HReeves County, TX997 BBLs8,099 MCFSep 2024
Thunderdome 54-4-24 UnitReeves County, TX5,797 BBLs27,376 MCFSep 2024
VictoryReeves County, TX16,535 BBLs115,117 MCFSep 2024
Volunteer State 54-36Reeves County, TX265 BBLs12,586 MCFSep 2024
Wood Lake 54-4-23 1HReeves County, TX2,132 BBLs9,625 MCFSep 2024
Yellow Bayou 54-4-25 1HReeves County, TX2,663 BBLs11,874 MCFSep 2024

Owners of Betts

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ANADARKO E&P ONSHORE LLCBETTS 54-4-20 #1HANADARKO E&P O
2024HARVEYBETTS 213 LPBETTS 54-4-20 #1HANADARKO E&P O
2024ANADARKO E&P ONSHORE LLCBETTS 54-4-24 #1HANADARKO E&P O
2024HARVEYBETTS 213 LPBETTS 54-4-24 #1HANADARKO E&P O
2024EXEMPT-STATE OF TEXASBETTS 54-4-20 #1HANADARKO E&P O
2024EXEMPT-STATE OF TEXASBETTS 54-4-24 #1HANADARKO E&P O
2024DORR PETROLEUM LAND MGMT LLCBETTS 54-4-20 #1HANADARKO E&P O
2024HARVEYBETTS 213 LPBETTS 54-4-26 RVSANADARKO E&P O
Displaying 8 of 11 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Betts

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-44643BETTS 54-4-26 RVSAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJul 2024ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJul 2024ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJul 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJul 2024ANADARKO E&P ONSHORE LLCANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJul 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJul 2024ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJul 2024ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJul 2024ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJul 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJul 2024ANADARKO E&P ONSHORE LLCANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJul 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJul 2024ANADARKO E&P ONSHORE LLC
08-44643BETTS 54-4-26 RVSJul 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJun 2024ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJun 2024ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJun 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJun 2024ANADARKO E&P ONSHORE LLCANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJun 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-280913BETTS 54-4-20 1HJun 2024ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJun 2024ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJun 2024ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJun 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJun 2024ANADARKO E&P ONSHORE LLCANADARKO E&P ONSHORE LLC
08-285101BETTS 54-4-24 1HJun 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC