Hargis

Oil & Gas Property in Zavala County, TX

Property Summary

Key data points for Hargis

CountyZavala County, TX
Production DatesApr 2016 - Sep 2024
Total Oil Production267,628 BBLs
Total Gas Production185,815 MCF
Recent Oil Production966 BBLs in Aug 2024
Recent Gas Production1,622 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Hargis

ShaleAssessment

$20,306 *

MarketMultiple

$131,258 **

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

Based on a decimal interest

Hargis Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hargis
from Apr 2016 to Sep 2024

Wells on Hargis

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-507-32630HARGIS, R.C. 1TANGLEWOOD OIL & GAS CO.Dry HoleZavala County, TX28.710735-99.783854
42-507-32656HARGIS 1MESTENA OPERATING, LTD.Dry HoleZavala County, TX28.702188-99.778937
42-507-33263HARGIS 1HFORMENTERA OPERATIONS LLCProducingZavala County, TX28.713864-99.787417
42-507-33264HARGIS 2HFORMENTERA OPERATIONS LLCProducingZavala County, TX28.713864-99.787323

Leases included in Hargis

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-18890HARGISFORMENTERA OPERATIONS LLCZavala County, TX

Nearby Properties

These are the closest 20 properties to the Hargis property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bayou Rouge UnitZavala County, TX2,050 BBLs2,306 MCFSep 2024
Dennis UnitDimmit County, TX507 BBLs1,227 MCFSep 2024
Dismukes, E.LDimmit County, TX0 BBLs0 MCFApr 2023
Elaine (Dimmit County, TX362 BBLs0 MCFSep 2024
Elaine Field/San Miguel/UnitDimmit County, TX176 BBLs0 MCFSep 2024
HargroveZavala County, TX566 BBLs0 MCFSep 2024
HuberZavala County, TX302 BBLs847 MCFSep 2024
Jetero InvestmentZavala County, TX312 BBLs0 MCFSep 2024
KleimannZavala County, TX1,367 BBLs3,553 MCFSep 2024
Lackey FiveZavala County, TX419 BBLs0 MCFSep 2024
LittleDimmit County, TX767 BBLs228 MCFSep 2024
PalmerasDimmit County, TX0 BBLs0 MCFApr 2018
ParkwayZavala County, TX1,245 BBLs2,231 MCFSep 2024
Sabco ElaineDimmit County, TX0 BBLs0 MCFApr 2020
Spinach Elaine UnitZavala County, TX176 BBLs0 MCFSep 2024
Teague Unit B ZavZavala County, TX607 BBLs519 MCFSep 2024
Thomas UnitZavala County, TX370 BBLs666 MCFSep 2024
Triple JZavala County, TX0 BBLs0 MCFNov 2023
Vestring Et AlZavala County, TX80 BBLs0 MCFSep 2024
WoodwardZavala County, TX286 BBLs1,312 MCFSep 2024

Owners of Hargis

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FORMENTERA OPERATIONS LLCHARGIS 1H-2HFORMENTERA OPE
2024HARGIS VENTURES LLCHARGIS 1H-2HFORMENTERA OPE
2024GATES EDWARD LEEHARGIS 1H-2HFORMENTERA OPE
2024GATES THOMAS MICHAELHARGIS 1H-2HFORMENTERA OPE
2024GATES WILLIAM BENJAMINHARGIS 1H-2HFORMENTERA OPE

Oil & Gas Sales on Hargis

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-18890HARGISAug 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISJul 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISJun 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISMay 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISApr 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISMar 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISFeb 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISJan 2024HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISDec 2023HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISNov 2023HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISOct 2023HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISSep 2023HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISAug 2023HARVEST MARKETING & TRADING, LLCFORMENTERA OPERATIONS LLC
01-18890HARGISJul 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISJun 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISMay 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISApr 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISMar 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISFeb 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISJan 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISDec 2022SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISNov 2022SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISOct 2022SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISSep 2022SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
01-18890HARGISAug 2022SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC