Arp Oil Unit

Oil & Gas Property in Smith County, TX

Property Summary

Key data points for Arp Oil Unit

CountySmith County, TX
Production DatesMar 2000 - Jan 2025
Total Oil Production250,265 BBLs
Total Gas Production2,290,210 MCF
Recent Oil Production1,029 BBLs in Dec 2024
Recent Gas Production2,605 MCF in Dec 2024
Wells on Property7

Our Valuation Estimates for Arp Oil Unit

ShaleAssessment

Not Available

MarketMultiple

$143,072 **

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

Based on a decimal interest

Arp Oil Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Arp Oil Unit
from Mar 2000 to Jan 2025

Wells on Arp Oil Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-423-31525ARP OIL UNIT 1BARROW-SHAVER RESOURCES CO.ProducingSmith County, TX32.233405-95.055012
42-423-31532ARP OIL UNIT NO. 2 1BARROW-SHAVER RESOURCES CO.Plugged Oil WellSmith County, TX32.239408-95.048671
42-423-31891ARP OIL UNIT 3 8FORTUNE RESOURCES LLCProducingSmith County, TX32.217183-95.042444
42-423-32001ARP OIL UNIT 3 9FORTUNE RESOURCES LLCProducingSmith County, TX32.215729-95.037454
42-423-32049ARP OIL UNIT 20 4FORTUNE RESOURCES LLCProducingSmith County, TX32.222679-95.035571
42-423-32050ARP OIL UNIT 20 5FORTUNE RESOURCES LLCProducingSmith County, TX32.222122-95.024036
42-423-32195ARP OIL UNIT 10 10FORTUNE RESOURCES LLCProducingSmith County, TX32.213334-95.041367

Leases included in Arp Oil Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-14003ARP OIL UNITBARROW-SHAVER RESOURCES CO.Smith County, TX
06-14072ARP OIL UNIT NO. 2BARROW-SHAVER RESOURCES CO.Smith County, TX
06-15467ARP OIL UNIT 3FORTUNE RESOURCES LLCSmith County, TX
06-15504ARP OIL UNIT 20FORTUNE RESOURCES LLCSmith County, TX
06-15777ARP OIL UNIT 10FORTUNE RESOURCES LLCSmith County, TX
06-215395ARP OIL UNIT 3 8SND OPERATING, L.L.C.Smith County, TX
06-219092ARP OIL UNIT 3 9SND OPERATING, L.L.C.Smith County, TX
06-223200ARP OIL UNIT 20 4WEATHERLY OIL & GAS, LLCSmith County, TX
06-227290ARP OIL UNIT 20 5SND OPERATING, L.L.C.Smith County, TX
06-233251ARP OIL UNIT 10 10SND OPERATING, L.L.C.Smith County, TX

Nearby Properties

These are the closest 20 properties to the Arp Oil Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arnold TP 1 6Smith County, TX1,271 BBLs9,852 MCFJan 2025
BlackwellSmith County, TX226 BBLs314 MCFJan 2025
Blumberg, Jane WSmith County, TX10 BBLs0 MCFDec 2024
CalicuttSmith County, TX85 BBLs0 MCFJan 2025
CameronSmith County, TX2 BBLs48 MCFJan 2025
Cameron Gas Unit 5HSmith County, TX27 BBLs15,981 MCFJan 2025
Chadwick Gas Unit #1Smith County, TX10 BBLs1,376 MCFJan 2025
HarmonSmith County, TX1 BBLs353 MCFJan 2025
JacksonSmith County, TX313 BBLs3,524 MCFJan 2025
Jackson 1-1 TP RecompSmith County, TX371 BBLs2,672 MCFJan 2025
Mollie Woolf 1Smith County, TX0 BBLs0 MCFNov 2024
Ne Overton UnitSmith County, TX146 BBLs12,649 MCFJan 2025
OvertonSmith County, TX179 BBLs51,500 MCFJan 2025
P.M. Wilson HeirsSmith County, TX197 BBLs0 MCFJan 2025
Ray L. CSmith County, TX103 BBLs476 MCFJan 2025
Wilson P.M. HeirsSmith County, TX5 BBLs1,285 MCFJan 2025
Woolf Mollie Gas UnitSmith County, TX75 BBLs5,320 MCFJan 2025
WrightSmith County, TX36 BBLs701 MCFJan 2025
Wright David Et Al 4Smith County, TX333 BBLs691 MCFJan 2025
Wright Gas Unit 1Smith County, TX29 BBLs4,155 MCFJan 2025

Owners of Arp Oil Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FORTUNE RESOURCES LLCARP OIL UNIT 10FORTUNE RESOUR
2024FORTUNE RESOURCES LLCARP OIL UNIT 3FORTUNE RESOUR
2024FAULCONER ENERGY 2023 LLPARP OIL UNIT 10FORTUNE RESOUR
2024FAULCONER ENERGY 2023 LLPARP OIL UNIT 3FORTUNE RESOUR
2024BARROW-SHAVER RESOURCES COARP OIL UNIT W#1BARROW-SHAVER
2024FORTUNE RESOURCES LLCARP OIL UNIT 20FORTUNE RESOUR
2024SULLIVAN DANARP OIL UNIT 10FORTUNE RESOUR
2024MOORE IRIS DEANARP OIL UNIT 3FORTUNE RESOUR
Displaying 8 of 138 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Arp Oil Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-15467ARP OIL UNIT 3Oct 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Oct 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Oct 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-14003ARP OIL UNITSep 2024PLAINS MARKETING, L.P.BARROW SHAVER RESOURCES COMPANY LLC
06-15467ARP OIL UNIT 3Sep 2024FORTUNE RESOURCES LLC
06-15467ARP OIL UNIT 3Sep 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Sep 2024FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Sep 2024FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Sep 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15467ARP OIL UNIT 3Aug 2024FORTUNE RESOURCES LLC
06-15467ARP OIL UNIT 3Aug 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Aug 2024FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Aug 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Aug 2024FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Aug 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-14003ARP OIL UNITJul 2024PLAINS MARKETING, L.P.BARROW SHAVER RESOURCES COMPANY LLC
06-15467ARP OIL UNIT 3Jul 2024FORTUNE RESOURCES LLC
06-15467ARP OIL UNIT 3Jul 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Jul 2024FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Jul 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Jul 2024FORTUNE RESOURCES LLC
06-15777ARP OIL UNIT 10Jul 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15467ARP OIL UNIT 3Jun 2024FORTUNE RESOURCES LLC
06-15467ARP OIL UNIT 3Jun 2024PLAINS MARKETING, L.P.FORTUNE RESOURCES LLC
06-15504ARP OIL UNIT 20Jun 2024FORTUNE RESOURCES LLC