Oil & Gas Property in Grimes County, TX
Key data points for NGR Colossus
| County | Grimes County, TX |
|---|---|
| Operator | REED EXPLORATION LLC |
| Production Dates | Feb 2016 - Jan 2025 |
| Total Oil Production | 14,997 BBLs |
| Total Gas Production | 1,499,758 MCF |
| Recent Oil Production | 38 BBLs in Dec 2024 |
| Recent Gas Production | 4,783 MCF in Dec 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for NGR Colossus
ShaleAssessment™
$20,626 *
MarketMultiple™
$15,999 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 7 properties to the NGR Colossus property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chambless 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Evans | Madison County, TX | 144 BBLs | 3,650 MCF | Jan 2025 |
| Iron Duke | Madison County, TX | 100 BBLs | 1,926 MCF | Jan 2025 |
| Iron Duke (Allocation) | Madison County, TX | 0 BBLs | 0 MCF | Jul 2023 |
| Mossy Grove Gas Unit | Walker County, TX | 12 BBLs | 577 MCF | Jan 2025 |
| Santa Elena Gas Unit 1 | Madison County, TX | 0 BBLs | 0 MCF | Feb 2023 |
| Savell 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
These are the closest 3 companies operating near the NGR Colossus property.
| Company Name |
|---|
| EOG Resources, Inc. |
| Etx Energy, LLC |
| Reed Exploration LLC |