Faircloth Estate

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Faircloth Estate

CountyRusk County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production97,720 BBLs
Total Gas Production11,738,994 MCF
Recent Oil Production133 BBLs in Sep 2024
Recent Gas Production10,833 MCF in Sep 2024
Wells on Property10

Our Valuation Estimates for Faircloth Estate

ShaleAssessment

Not Available

MarketMultiple

$26,026 **

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

Based on a decimal interest

Faircloth Estate Production Graph

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

Wells on Faircloth Estate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-31410FAIRCLOTH ESTATE 1FORTUNE RESOURCES LLCProducingRusk County, TX32.279988-94.870264
42-401-31638FAIRCLOTH ESTATE 2PALMER PETROLEUM INC.Plugged Gas WellRusk County, TX32.279421-94.871368
42-401-32013FAIRCLOTH ESTATE 3PALMER PETROLEUM INC.Plugged Oil WellRusk County, TX32.283391-94.872069
42-401-32261FAIRCLOTH ESTATE 4FORTUNE RESOURCES LLCProducingRusk County, TX32.286573-94.866736
42-401-32314FAIRCLOTH ESTATE 5FORTUNE RESOURCES LLCProducingRusk County, TX32.275842-94.861708
42-401-32403FAIRCLOTH ESTATE 6FORTUNE RESOURCES LLCProducingRusk County, TX32.286723-94.859088
42-401-32853FAIRCLOTH ESTATE 7FORTUNE RESOURCES LLCProducingRusk County, TX32.282107-94.863309
42-401-32889FAIRCLOTH ESTATE 9FORTUNE RESOURCES LLCProducingRusk County, TX32.287092-94.855085
42-401-32894FAIRCLOTH ESTATE 8FORTUNE RESOURCES LLCProducingRusk County, TX32.287772-94.872511
42-401-32899FAIRCLOTH ESTATE 10FORTUNE RESOURCES LLCProducingRusk County, TX32.271130-94.861983

Leases included in Faircloth Estate

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-100101FAIRCLOTH ESTATE 1FORTUNE RESOURCES LLCRusk County, TX
06-108942FAIRCLOTH ESTATE 2PALMER PETROLEUM INC.Rusk County, TX
06-11755FAIRCLOTH ESTATEPALMER PETROLEUM INC.Rusk County, TX
06-132429FAIRCLOTH ESTATE 4FORTUNE RESOURCES LLCRusk County, TX
06-136562FAIRCLOTH ESTATE 5FORTUNE RESOURCES LLCRusk County, TX
06-142960FAIRCLOTH ESTATE 6FORTUNE RESOURCES LLCRusk County, TX
06-169132FAIRCLOTH ESTATE 7FORTUNE RESOURCES LLCRusk County, TX
06-170925FAIRCLOTH ESTATE 9FORTUNE RESOURCES LLCRusk County, TX
06-171120FAIRCLOTH ESTATE 8FORTUNE RESOURCES LLCRusk County, TX
06-171545FAIRCLOTH ESTATE 10FORTUNE RESOURCES LLCRusk County, TX

Operators Associated With Faircloth Estate

Nearby Properties

These are the closest 20 properties to the Faircloth Estate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A. E. Dean Gu 1 7HRusk County, TX257 BBLs14,285 MCFSep 2024
BeanRusk County, TX13 BBLs1,831 MCFSep 2024
Beck Fred Gas UnitRusk County, TX122 BBLs4,555 MCFOct 2024
ChildressRusk County, TX353 BBLs19,744 MCFOct 2024
DickersonRusk County, TX74 BBLs0 MCFOct 2024
Henderson ERusk County, TX9 BBLs4,368 MCFOct 2024
Holt J.W. EstateRusk County, TX6 BBLs2,032 MCFOct 2024
Jacobs Estate Gas UnitRusk County, TX9 BBLs5,906 MCFOct 2024
LairdRusk County, TX436 BBLs29,975 MCFOct 2024
Laird S.S. Gas UnitRusk County, TX26 BBLs4,288 MCFOct 2024
Leath Estate Gas UnitRusk County, TX51 BBLs8,467 MCFOct 2024
LeverettRusk County, TX0 BBLs853 MCFOct 2024
McCrory Patsy ChristianRusk County, TX6 BBLs3,349 MCFOct 2024
Naulls E. WRusk County, TX319 BBLs17 MCFOct 2024
Oten WillRusk County, TX82 BBLs0 MCFOct 2024
Reid V. ERusk County, TX1,224 BBLs573 MCFOct 2024
Robertson J. TRusk County, TX95 BBLs0 MCFOct 2024
TorkelsonRusk County, TX68 BBLs4,629 MCFSep 2024
West PirtleRusk County, TX39 BBLs3,531 MCFOct 2024
WooleyRusk County, TX377 BBLs86 MCFOct 2024

Owners of Faircloth Estate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (5)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (4)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (6)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (1)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (8)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (10)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (7)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (9)PALMER PETROLEUM INC
Displaying 8 of 701 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Faircloth Estate

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-100101FAIRCLOTH ESTATE 1Sep 2024PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Sep 2024PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Sep 2024PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Sep 2024PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Sep 2024PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171120FAIRCLOTH ESTATE 8Sep 2024PALMER PETROLEUM, INC.
06-171120FAIRCLOTH ESTATE 8Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Sep 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Sep 2024PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Aug 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Aug 2024PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Aug 2024PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Aug 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Aug 2024PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Aug 2024PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Aug 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Aug 2024PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Aug 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Aug 2024PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Aug 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.