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 Production11,739,444 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production6,572 MCF in Aug 2024
Wells on Property10

Our Valuation Estimates for Faircloth Estate

ShaleAssessment

Not Available

MarketMultiple

$25,347 **

* 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 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 7PALMER PETROLEUM INC.Rusk 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, TX261 BBLs14,987 MCFSep 2024
BeanRusk County, TX0 BBLs1,574 MCFSep 2024
Beck Fred Gas UnitRusk County, TX118 BBLs4,557 MCFSep 2024
ChildressRusk County, TX229 BBLs17,958 MCFSep 2024
DickersonRusk County, TX77 BBLs0 MCFSep 2024
Henderson ERusk County, TX2 BBLs4,697 MCFSep 2024
Holt J.W. EstateRusk County, TX14 BBLs2,782 MCFSep 2024
Jacobs Estate Gas UnitRusk County, TX3 BBLs3,459 MCFSep 2024
LairdRusk County, TX4 BBLs33,895 MCFSep 2024
Laird S.S. Gas UnitRusk County, TX36 BBLs4,967 MCFSep 2024
Leath Estate Gas UnitRusk County, TX25 BBLs8,410 MCFSep 2024
LeverettRusk County, TX0 BBLs1,484 MCFSep 2024
McCrory Patsy ChristianRusk County, TX45 BBLs3,062 MCFSep 2024
Naulls E. WRusk County, TX365 BBLs3 MCFSep 2024
Oten WillRusk County, TX81 BBLs0 MCFSep 2024
Reid, V.ERusk County, TX1,170 BBLs565 MCFSep 2024
Robertson J. TRusk County, TX131 BBLs0 MCFSep 2024
TorkelsonRusk County, TX0 BBLs5,732 MCFSep 2024
West PirtleRusk County, TX2 BBLs3,820 MCFSep 2024
WooleyRusk County, TX390 BBLs97 MCFSep 2024

Owners of Faircloth Estate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (4)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (6)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (5)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (1)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (10)PALMER PETROLEUM INC
2024PALMER PETROLEUM INCFAIRCLOTH EST GU (8)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 1Jul 2024PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Jul 2024PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Jul 2024PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Jul 2024PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Jul 2024PALMER PETROLEUM, INC.
06-170925FAIRCLOTH ESTATE 9Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171120FAIRCLOTH ESTATE 8Jul 2024PALMER PETROLEUM, INC.
06-171120FAIRCLOTH ESTATE 8Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Jul 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Jul 2024PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Jun 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-171545FAIRCLOTH ESTATE 10Jun 2024PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Jun 2024PALMER PETROLEUM, INC.
06-100101FAIRCLOTH ESTATE 1Jun 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Jun 2024PALMER PETROLEUM, INC.
06-132429FAIRCLOTH ESTATE 4Jun 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Jun 2024PALMER PETROLEUM, INC.
06-136562FAIRCLOTH ESTATE 5Jun 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Jun 2024PALMER PETROLEUM, INC.
06-142960FAIRCLOTH ESTATE 6Jun 2024PALMER PETROLEUM, INC.PALMER PETROLEUM, INC.
06-169132FAIRCLOTH ESTATE 7Jun 2024PALMER PETROLEUM, INC.