Oil & Gas Property in Smith County, TX
Key data points for Covington
| County | Smith County, TX |
|---|---|
| Operator | VALENCE OPERATING COMPANY |
| Production Dates | Jun 2017 - Oct 2024 |
| Total Oil Production | 143,711 BBLs |
| Total Gas Production | 44,922 MCF |
| Recent Oil Production | 536 BBLs in Sep 2024 |
| Recent Gas Production | 0 MCF in Sep 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Covington
ShaleAssessment™
$37,698 *
MarketMultiple™
$71,865 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 8 properties to the Covington property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| B.M. Moseley | Smith County, TX | 548 BBLs | 0 MCF | Oct 2024 |
| Bellwood Lake (Paluxy B) | Smith County, TX | 254 BBLs | 0 MCF | Oct 2024 |
| Hill | Smith County, TX | 335 BBLs | 0 MCF | Oct 2024 |
| Hopper, Bradie O | Smith County, TX | 2,797 BBLs | 0 MCF | Oct 2024 |
| Lukenbill Tommie | Smith County, TX | 0 BBLs | 0 MCF | Mar 2019 |
| Tidwell | Van Zandt County, TX | 3 BBLs | 0 MCF | Oct 2024 |
| West Tyler (Paluxy B | Smith County, TX | 1,047 BBLs | 0 MCF | Oct 2024 |
| Wilson Janet Et Al | Henderson County, TX | 1,490 BBLs | 0 MCF | Oct 2024 |
These are the closest 8 companies operating near the Covington property.