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 - Oct 2024
Total Oil Production24,881 BBLs
Total Gas Production1,287,476 MCF
Recent Oil Production0 BBLs in Sep 2024
Recent Gas Production117 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Gray 1

ShaleAssessment

Not Available

MarketMultiple

$2,539 **

* 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 Oct 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
Bomar, John LCherokee County, TX0 BBLs0 MCFJul 2024
BurnsCherokee County, TX324 BBLs11,439 MCFOct 2024
Burns-Poole 1HCherokee County, TX356 BBLs10,007 MCFOct 2024
BurtonCherokee County, TX16 BBLs6,814 MCFOct 2024
ChildressCherokee County, TX333 BBLs0 MCFOct 2024
Cole 2Smith County, TX2 BBLs694 MCFOct 2024
GuthrieSmith County, TX531 BBLs7,731 MCFOct 2024
Guthrie-Wilson Gu1Smith County, TX110 BBLs14,195 MCFOct 2024
Johnson Gas UnitCherokee County, TX19 BBLs7,477 MCFOct 2024
LintnerSmith County, TX247 BBLs3,875 MCFOct 2024
Lintner-Guthrie (Smith County, TX56 BBLs13,596 MCFOct 2024
Lintner-Wilson Gu 2 (AllocSmith County, TX121 BBLs11,786 MCFOct 2024
McElroyCherokee County, TX406 BBLs11,436 MCFOct 2024
PBGM 1HSmith County, TX329 BBLs11,383 MCFOct 2024
PooleSmith County, TX216 BBLs8,492 MCFOct 2024
Sieber 1Cherokee County, TX2 BBLs264 MCFOct 2024
Swann M. CSmith County, TX68 BBLs2,616 MCFOct 2024
ThompsonCherokee County, TX117 BBLs8,381 MCFOct 2024
Wilson David GSmith County, TX323 BBLs21,464 MCFOct 2024
Wylie HeirsCherokee County, TX318 BBLs0 MCFOct 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