Oil & Gas Property in Hidalgo County, TX
Key data points for Bales Gas Unit
| County | Hidalgo County, TX |
|---|---|
| Operator | MERIT ENERGY COMPANY |
| Production Dates | Apr 1997 - Nov 2024 |
| Total Oil Production | 209,573 BBLs |
| Total Gas Production | 11,399,674 MCF |
| Recent Oil Production | 123 BBLs in Oct 2024 |
| Recent Gas Production | 30,081 MCF in Oct 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for Bales Gas Unit
ShaleAssessment™
$28,598 *
MarketMultiple™
$119,502 **
* 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 16 properties to the Bales Gas Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Belle Ferguson G | Hidalgo County, TX | 21 BBLs | 2,969 MCF | Nov 2024 |
| Doffing Mary Bell Et Al 1 | Hidalgo County, TX | 6 BBLs | 691 MCF | Nov 2024 |
| Dominguez Maximo | Hidalgo County, TX | 38 BBLs | 1,078 MCF | Nov 2024 |
| El Texano | Hidalgo County, TX | 0 BBLs | 4,382 MCF | Nov 2024 |
| Houston | Hidalgo County, TX | 0 BBLs | 524 MCF | Nov 2024 |
| Jancik | Hidalgo County, TX | 0 BBLs | 483 MCF | Nov 2024 |
| Keirn Pearl | Hidalgo County, TX | 2 BBLs | 764 MCF | Nov 2024 |
| Lepovitz Gas Unit | Hidalgo County, TX | 0 BBLs | 843 MCF | Nov 2024 |
| McAllen Fieldwide Unit | Hidalgo County, TX | 861 BBLs | 87,838 MCF | Nov 2024 |
| Pate Gas Unit 1 | Hidalgo County, TX | 0 BBLs | 2,643 MCF | Nov 2024 |
| Pharr Fieldwide Unit | Hidalgo County, TX | 499 BBLs | 52,302 MCF | Nov 2024 |
| Rawhide 1 | Hidalgo County, TX | 52 BBLs | 6,912 MCF | Nov 2024 |
| Robinette, J.C | Hidalgo County, TX | 0 BBLs | 0 MCF | Apr 2016 |
| Savage Unit | Hidalgo County, TX | 22 BBLs | 373 MCF | Nov 2024 |
| Theser Gas Unit | Hidalgo County, TX | 0 BBLs | 39 MCF | Nov 2024 |
| William E. Beane Gu 2 | Hidalgo County, TX | 0 BBLs | 0 MCF | Jan 2016 |
These are the closest 20 companies operating near the Bales Gas Unit property.