Hargis

Oil & Gas Property in Zavala County, TX

Property Summary

Key data points for Hargis

CountyZavala County, TX
Production DatesApr 2016 - Aug 2024
Total Oil Production266,647 BBLs
Total Gas Production184,239 MCF
Recent Oil Production793 BBLs in Jul 2024
Recent Gas Production1,622 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for Hargis

ShaleAssessment

$20,610 *

MarketMultiple

$131,352 **

* 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 Aug 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, TX1,994 BBLs2,244 MCFAug 2024
DaleZavala County, TX277 BBLs1,508 MCFAug 2024
Dennis UnitDimmit County, TX268 BBLs741 MCFAug 2024
Dismukes, E.LDimmit County, TX0 BBLs0 MCFApr 2023
Elaine (Dimmit County, TX182 BBLs0 MCFAug 2024
Elaine Field/San Miguel/UnitDimmit County, TX0 BBLs0 MCFAug 2024
HargroveZavala County, TX331 BBLs0 MCFAug 2024
HuberZavala County, TX330 BBLs889 MCFAug 2024
Jetero InvestmentZavala County, TX304 BBLs0 MCFAug 2024
KleimannZavala County, TX1,509 BBLs2,604 MCFAug 2024
Lackey FiveZavala County, TX400 BBLs836 MCFAug 2024
LittleDimmit County, TX1,105 BBLs503 MCFAug 2024
ParkwayZavala County, TX1,961 BBLs650 MCFAug 2024
Sabco ElaineDimmit County, TX0 BBLs0 MCFApr 2020
Spinach Elaine UnitZavala County, TX1,442 BBLs0 MCFAug 2024
Teague Unit B ZavZavala County, TX613 BBLs536 MCFAug 2024
Thomas UnitZavala County, TX358 BBLs653 MCFAug 2024
Triple JZavala County, TX0 BBLs0 MCFNov 2023
Vestring Et AlZavala County, TX80 BBLs0 MCFAug 2024
WoodwardZavala County, TX132 BBLs772 MCFAug 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