Velma 2-1

Oil & Gas Property in Duchesne County, UT

  2. Utah
  3. Duchesne County, UT
  4. Oil & Gas Properties in Duchesne County, UT
  5. Velma 2-1 Oil & Gas Property

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Property Summary

Key data points for Velma 2-1

CountyDuchesne County, UT
OperatorOVINTIV USA INC.
Production DatesApr 2013 - Jan 2025
Total Oil Production221,504 BBLs
Total Gas Production326,725 MCF
Recent Oil Production560 BBLs in Jan 2025
Recent Gas Production834 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Velma 2-1

ShaleAssessment™

Not Available

MarketMultiple™

$72,431 **

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

Based on a decimal interest

Velma 2-1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Velma 2-1
from Apr 2013 to Jan 2025

Wells on Velma 2-1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
43-013-51716Velma 2-11-3-2WHOvintiv USA, Inc.ProducingDuchesne County, UT40.244693-110.075691
43-013-54913Velma 2-14 3-2-11-2 1HFourPoint Resources, LLCNew PermitDuchesne County, UT40.231319-110.074219
43-013-54914Velma 2-14 3-2-11-2 12HFourPoint Resources, LLCNew PermitDuchesne County, UT40.228104-110.074181
43-013-54915Velma 2-14 3-2-11-2 14HFourPoint Resources, LLCNew PermitDuchesne County, UT40.228043-110.074333

Nearby Properties

These are the closest 20 properties to the Velma 2-1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amy Ut 1Duchesne County, UT31,927 BBLs66,556 MCFJan 2025
AubreyDuchesne County, UT1,996 BBLs1,108 MCFJan 2025
BobbyDuchesne County, UT0 BBLs0 MCFDec 2024
BoucherDuchesne County, UT0 BBLs0 MCFDec 2024
BruceDuchesne County, UT128,600 BBLs181,353 MCFJan 2025
Close 4-15-22-3-2WHDuchesne County, UT1,154 BBLs3,635 MCFJan 2025
DartDuchesne County, UT2,443 BBLs3,951 MCFJan 2025
FausettDuchesne County, UT32,462 BBLs44,527 MCFJan 2025
Jorgensen Ut 16-9 3-2-9-4Duchesne County, UT17,050 BBLs29,846 MCFJan 2025
LambDuchesne County, UT849 BBLs605 MCFJan 2025
LucyDuchesne County, UT1,990 BBLs2,214 MCFJan 2025
Morrill 4-23-3-2WHDuchesne County, UT1,590 BBLs805 MCFJan 2025
Mullins 11-14-3-2WDuchesne County, UT422 BBLs147 MCFJan 2025
Nooh Tuh VweepDuchesne County, UT21,672 BBLs41,701 MCFJan 2025
Powvitch 15-13-12-3-2WBDuchesne County, UT1,949 BBLs2,147 MCFJan 2025
Ranch 1Duchesne County, UT2,179 BBLs3,127 MCFJan 2025
TomlinDuchesne County, UT63,440 BBLs74,025 MCFJan 2025
Ute TribalDuchesne County, UT3,999 BBLs3,606 MCFJan 2025
Virginia 14-12 3-2-12-1Duchesne County, UT11,906 BBLs20,190 MCFJan 2025
YergensenDuchesne County, UT21,586 BBLs44,098 MCFJan 2025

Companies in the Area

These are the closest 10 companies operating near the Velma 2-1 property.

Company Name
Altamont Energy Operating LLC
Chevron USA Inc
Crescent Point Energy Us Corp
Devon Energy Production Company LP
EP Energy E&P Company, LP
Linn Operating LLC
Ovintiv USA Inc.
Quinex Energy Corp
Uinta Wax Operating, LLC
XCL Assetco, LLC

Frac'ing activity on Velma 2-1

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
43-013-51716Velma 2-11-3-2WH