Loftin

Oil & Gas Property in Young County, TX

Property Summary

Key data points for Loftin

CountyYoung County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production50,228 BBLs
Total Gas Production35,740 MCF
Recent Oil Production102 BBLs in Jul 2024
Recent Gas Production40 MCF in Jul 2024
Wells on Property15

Our Valuation Estimates for Loftin

ShaleAssessment

$1,255 *

MarketMultiple

$14,183 **

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

Based on a decimal interest

Loftin Production Graph

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

Wells on Loftin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-503-30961LOFTIN 1WES-MOR DRILLING, INC.Plugged Oil WellYoung County, TX33.119442-98.913267
42-503-31208LOFTIN 2WES-MOR DRILLING, INC.Plugged Oil WellYoung County, TX33.120367-98.906434
42-503-31239LOFTIN -A- 2WES-MOR DRILLING, INC.Plugged Oil WellYoung County, TX33.124831-98.906502
42-503-31608LOFTIN 4WES-MOR DRILLING, INC.Plugged Oil WellYoung County, TX33.117494-98.909687
42-503-31609LOFTIN -A- 3WES-MOR DRILLING, INC.Plugged Oil WellYoung County, TX33.124534-98.910952
42-503-32645LOFTIN 2-"S"WES-MOR DRILLING, INC.Plugged Gas WellYoung County, TX33.113806-98.906319
42-503-32650LOFTIN 1-"S"WES-MOR DRILLING, INC.Gas WellYoung County, TX33.119431-98.906444
42-503-32653LOFTIN "A" 1-"S"WES-MOR DRILLING, INC.Plugged Gas WellYoung County, TX33.123998-98.905835
42-503-32868LOFTIN 3-SWES-MOR DRILLING, INC.Plugged Oil/Gas WellYoung County, TX33.117449-98.909126
42-503-32869LOFTIN 4-SWES-MOR DRILLING, INC.Plugged Oil/Gas WellYoung County, TX33.118901-98.909136
42-503-35025LOFTIN "A" 4WES-MOR DRILLING, INC.Dry HoleYoung County, TX33.130340-98.906598
42-503-38717LOFTIN, FRANK 1ASHTOLA EXPLORATION COMPANY,INC.Gas WellYoung County, TX33.130603-98.910604
42-503-39288LOFTIN 5WES-MOR DRILLING, INC.ProducingYoung County, TX33.121488-98.910607
42-503-39289LOFTIN "A" 5WES-MOR DRILLING, INC.Plugged Oil WellYoung County, TX33.125323-98.908039
42-503-40861LOFTIN 1STOVALL OPERATING CO.Dry HoleYoung County, TX33.130294-98.916080

Leases included in Loftin

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-075190LOFTIN 2-"S"WES-MOR DRILLING, INC.Young County, TX
09-075526LOFTIN "A" 1-"S"WES-MOR DRILLING, INC.Young County, TX
09-075533LOFTIN 1-"S"WES-MOR DRILLING, INC.Young County, TX
09-079033LOFTIN 4-SWES-MOR DRILLING, INC.Young County, TX
09-079034LOFTIN 3-SWES-MOR DRILLING, INC.Young County, TX
09-117066LOFTIN, FRANK 1ASHTOLA EXPLORATION COMPANY,INC.Young County, TX
09-17312LOFTINWES-MOR DRILLING, INC.Young County, TX
09-17578LOFTIN -A-WES-MOR DRILLING, INC.Young County, TX

Nearby Properties

These are the closest 20 properties to the Loftin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrockmanYoung County, TX0 BBLs0 MCFAug 2023
Coker 168Throckmorton County, TX0 BBLs0 MCFDec 2015
CreelYoung County, TX24 BBLs14 MCFAug 2024
DawsYoung County, TX696 BBLs1,009 MCFAug 2024
Daws Carmack UnitThrockmorton County, TX1 BBLs0 MCFAug 2024
Daws Jim BobYoung County, TX1 BBLs0 MCFAug 2024
DonnellThrockmorton County, TX0 BBLs0 MCFMar 2024
Donnell Sallie R. -DYoung County, TX101 BBLs0 MCFAug 2024
Dozier-BrockmanYoung County, TX4 BBLs0 MCFJul 2024
F. Daws 1682Young County, TX79 BBLs0 MCFAug 2024
GrahamYoung County, TX211 BBLs1,092 MCFAug 2024
HaggardYoung County, TX48 BBLs0 MCFAug 2024
HolbertYoung County, TX120 BBLs90 MCFAug 2024
MarshallYoung County, TX5,077 BBLs20,002 MCFAug 2024
Marshall JamesThrockmorton County, TX105 BBLs412 MCFAug 2024
McAnultyYoung County, TX2 BBLs0 MCFAug 2024
Serendipity UnitYoung County, TX46 BBLs0 MCFAug 2024
StephensYoung County, TX0 BBLs0 MCFApr 2017
Thunder AYoung County, TX1,023 BBLs8,359 MCFAug 2024
Thunder A-759Young County, TX267 BBLs1,734 MCFAug 2024

Owners of Loftin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024WES-MOR DRILLING INCLOFTIN 1S, 2S, 3S, 4SWES-MOR DRILLING
2024LOFTIN MARGARETLOFTIN 1S, 2S, 3S, 4SWES-MOR DRILLING
2024UNIVERSITY OF KENTUCKYLOFTIN 1S, 2S, 3S, 4SWES-MOR DRILLING
2024LOFTIN MARGARETLOFTIN 1S, 2S, 3S, 4SWES-MOR DRILLING
2024MINERALS INCLOFTIN 1S, 2S, 3S, 4SWES-MOR DRILLING

Oil & Gas Sales on Loftin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-17312LOFTINAug 2024TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINJul 2024TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINJul 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINJun 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINMay 2024TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINMay 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINApr 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINApr 2024TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINMar 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINFeb 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINFeb 2024TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINJan 2024TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINJan 2024WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINDec 2023TRUE OIL TRUCKING & MARKETING, LLCWES-MOR DRILLING, INC.
09-17312LOFTINDec 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINNov 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINOct 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINOct 2023RED RIVER CRUDE OIL LLCWES-MOR DRILLING, INC.
09-17312LOFTINSep 2023VITOL INC.WES-MOR DRILLING, INC.
09-17312LOFTINSep 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINAug 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINJul 2023VITOL INC.WES-MOR DRILLING, INC.
09-17312LOFTINJul 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINJun 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.
09-17312LOFTINMay 2023WES-MOR DRILLING, INC.WES-MOR DRILLING, INC.