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 - Dec 2024 |
| Total Oil Production | 209,682 BBLs |
| Total Gas Production | 11,429,710 MCF |
| Recent Oil Production | 80 BBLs in Nov 2024 |
| Recent Gas Production | 19,139 MCF in Nov 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for Bales Gas Unit
ShaleAssessment™
$28,214 *
MarketMultiple™
$107,470 **
* 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 | 12 BBLs | 2,683 MCF | Dec 2024 |
| Doffing Mary Bell Et Al 1 | Hidalgo County, TX | 3 BBLs | 354 MCF | Dec 2024 |
| Dominguez Maximo | Hidalgo County, TX | 182 BBLs | 1,236 MCF | Dec 2024 |
| El Texano | Hidalgo County, TX | 0 BBLs | 3,251 MCF | Dec 2024 |
| Houston | Hidalgo County, TX | 0 BBLs | 429 MCF | Dec 2024 |
| Jancik | Hidalgo County, TX | 0 BBLs | 597 MCF | Dec 2024 |
| Keirn Pearl | Hidalgo County, TX | 2 BBLs | 1,131 MCF | Dec 2024 |
| Lepovitz Gas Unit | Hidalgo County, TX | 0 BBLs | 667 MCF | Dec 2024 |
| McAllen Fieldwide Unit | Hidalgo County, TX | 564 BBLs | 56,941 MCF | Dec 2024 |
| Pate Gas Unit 1 | Hidalgo County, TX | 0 BBLs | 2,819 MCF | Dec 2024 |
| Pharr Fieldwide Unit | Hidalgo County, TX | 433 BBLs | 40,795 MCF | Dec 2024 |
| Rawhide 1 | Hidalgo County, TX | 50 BBLs | 6,243 MCF | Dec 2024 |
| Robinette, J.C | Hidalgo County, TX | 0 BBLs | 0 MCF | Apr 2016 |
| Savage Unit | Hidalgo County, TX | 6 BBLs | 353 MCF | Dec 2024 |
| Theser Gas Unit | Hidalgo County, TX | 0 BBLs | 37 MCF | Dec 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.