Gray 1

Oil & Gas Property in Cherokee County, TX

Property Summary

Key data points for Gray 1

CountyCherokee County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 2004 - Nov 2024
Total Oil Production24,881 BBLs
Total Gas Production1,287,575 MCF
Recent Oil Production0 BBLs in Oct 2024
Recent Gas Production152 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Gray 1

ShaleAssessment

Not Available

MarketMultiple

$1,141 **

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

Based on a decimal interest

Gray 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gray 1
from Jan 2004 to Nov 2024

Wells on Gray 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-073-31077GRAY 1VALENCE OPERATING COMPANYProducingCherokee County, TX32.132833-95.045571

Leases included in Gray 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-200157GRAY 1VALENCE OPERATING COMPANYCherokee County, TX
06-203990GRAY 1VALENCE OPERATING COMPANYCherokee County, TX
06-204227GRAY 1VALENCE OPERATING COMPANYCherokee County, TX

Nearby Properties

These are the closest 20 properties to the Gray 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BurnsCherokee County, TX356 BBLs11,561 MCFNov 2024
Burns-Poole 1HCherokee County, TX367 BBLs10,159 MCFNov 2024
BurtonCherokee County, TX20 BBLs7,984 MCFNov 2024
Cole 2Smith County, TX2 BBLs1,023 MCFNov 2024
GuthrieSmith County, TX624 BBLs8,322 MCFNov 2024
Guthrie-Wilson Gu1Smith County, TX150 BBLs16,106 MCFNov 2024
Lintner-Guthrie (Smith County, TX107 BBLs13,801 MCFNov 2024
Lintner-Wilson Gu 2 (AllocSmith County, TX64 BBLs10,250 MCFNov 2024
McElroyCherokee County, TX428 BBLs11,450 MCFNov 2024
McElroy A - Wilkinson (Alloc) 1HCherokee County, TX119 BBLs13,095 MCFNov 2024
McElroy A -Murray (Alloc) 1HCherokee County, TX80 BBLs5,108 MCFNov 2024
McElroy-Guthrie-Wilsongu1(Alloc) 1HCherokee County, TX89 BBLs9,430 MCFNov 2024
McElroy-SwannCherokee County, TX215 BBLs33,792 MCFNov 2024
PBGM 1HSmith County, TX313 BBLs11,591 MCFNov 2024
PooleSmith County, TX237 BBLs8,897 MCFNov 2024
Reagan-Black Stone-Wilkinson (AlCherokee County, TX346 BBLs17,921 MCFNov 2024
Sieber 1Cherokee County, TX5 BBLs265 MCFNov 2024
ThompsonCherokee County, TX147 BBLs8,415 MCFNov 2024
Wilkinson - McElroy A Alloc 1HCherokee County, TX99 BBLs7,442 MCFNov 2024
Wilson David GSmith County, TX537 BBLs21,401 MCFNov 2024

Owners of Gray 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING COMPANYGRAY W#1VALENCE OPERAT
2024GRAY JANET HGRAY W#1VALENCE OPERAT
2024GRAY DONALD RGRAY W#1VALENCE OPERAT

Oil & Gas Sales on Gray 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-200157GRAY 1Apr 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Apr 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Mar 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Feb 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Jan 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Dec 2023REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Nov 2023REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Oct 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Oct 2023REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Dec 2022REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Nov 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Nov 2022REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Oct 2022REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Oct 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Sep 2022REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Sep 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Aug 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Aug 2022REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Jul 2022REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY