Bales Gas Unit

Oil & Gas Property in Hidalgo County, TX

Property Summary

Key data points for Bales Gas Unit

CountyHidalgo County, TX
OperatorMERIT ENERGY COMPANY
Production DatesApr 1997 - Jan 2025
Total Oil Production209,784 BBLs
Total Gas Production11,463,913 MCF
Recent Oil Production109 BBLs in Dec 2024
Recent Gas Production30,036 MCF in Dec 2024
Wells on Property5

Our Valuation Estimates for Bales Gas Unit

ShaleAssessment

$27,916 *

MarketMultiple

$104,756 **

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

Based on a decimal interest

Bales Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bales Gas Unit
from Apr 1997 to Jan 2025

Wells on Bales Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-215-32352BALES GAS UNIT 3MERIT ENERGY COMPANYTemp AbandonedHidalgo County, TX26.175802-98.232592
42-215-32404BALES GAS UNIT 4MERIT ENERGY COMPANYProducingHidalgo County, TX26.170630-98.225845
42-215-32464BALES GAS UNIT 5MERIT ENERGY COMPANYTemp AbandonedHidalgo County, TX26.175724-98.232498
42-215-32700BALES GAS UNIT 6MERIT ENERGY COMPANYTemp AbandonedHidalgo County, TX26.176908-98.233068
42-215-33923BALES GAS UNIT 7STMERIT ENERGY COMPANYProducingHidalgo County, TX26.175343-98.218662

Leases included in Bales Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-166723BALES GAS UNIT 4MERIT ENERGY COMPANYHidalgo County, TX
04-167512BALES GAS UNIT 3MERIT ENERGY COMPANYHidalgo County, TX
04-171559BALES GAS UNIT 5MERIT ENERGY COMPANYHidalgo County, TX
04-176243BALES GAS UNIT 6MERIT ENERGY COMPANYHidalgo County, TX
04-251874BALES GAS UNIT 7STMERIT ENERGY COMPANYHidalgo County, TX

Nearby Properties

These are the closest 16 properties to the Bales Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Belle Ferguson GHidalgo County, TX18 BBLs3,044 MCFJan 2025
Doffing Mary Bell Et Al 1Hidalgo County, TX3 BBLs476 MCFJan 2025
Dominguez MaximoHidalgo County, TX0 BBLs1,321 MCFJan 2025
El TexanoHidalgo County, TX0 BBLs4,030 MCFJan 2025
HoustonHidalgo County, TX0 BBLs660 MCFJan 2025
JancikHidalgo County, TX0 BBLs575 MCFJan 2025
Keirn PearlHidalgo County, TX2 BBLs1,562 MCFJan 2025
Lepovitz Gas UnitHidalgo County, TX0 BBLs975 MCFJan 2025
McAllen Fieldwide UnitHidalgo County, TX771 BBLs74,869 MCFJan 2025
Pate Gas Unit 1Hidalgo County, TX0 BBLs2,817 MCFJan 2025
Pharr Fieldwide UnitHidalgo County, TX453 BBLs49,433 MCFJan 2025
Rawhide 1Hidalgo County, TX46 BBLs6,199 MCFJan 2025
Robinette J. CHidalgo County, TX0 BBLs0 MCFApr 2016
Savage UnitHidalgo County, TX6 BBLs350 MCFJan 2025
Theser Gas UnitHidalgo County, TX0 BBLs52 MCFJan 2025
William E. Beane Gu 2Hidalgo County, TX0 BBLs0 MCFJan 2016

Frac'ing activity on Bales Gas Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-215-33923Bales GU #7

Owners of Bales Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MORRIS STERLINGBALES GAS UNITMERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYBALES GAS UNITMERIT ENERGY COMPANY
2024GRIESBACH JOHN PBALES GAS UNITMERIT ENERGY COMPANY
2024EXEMPT-HIDALGO CTY IRRGA #2BALES GAS UNITMERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYBALES UNIT W-4MERIT ENERGY COMPANY
2024TLS PROPERTIES LTDBALES GAS UNITMERIT ENERGY COMPANY
2024MEYERHOFF FAMILY TRUSTBALES GAS UNITMERIT ENERGY COMPANY
2024HILCORP ENERGY DEVELOPMENT LPBALES GAS UNITMERIT ENERGY COMPANY
Displaying 8 of 413 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bales Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-166723BALES GAS UNIT 4Sep 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Sep 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Sep 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STSep 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STSep 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STSep 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Aug 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Aug 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Aug 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STAug 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STAug 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STAug 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jul 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jul 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJul 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJul 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jun 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jun 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJun 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJun 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4May 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC