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 - Sep 2024
Total Oil Production209,370 BBLs
Total Gas Production11,350,893 MCF
Recent Oil Production132 BBLs in Aug 2024
Recent Gas Production36,341 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Bales Gas Unit

ShaleAssessment

$29,350 *

MarketMultiple

$142,843 **

* 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 Sep 2024

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 15 properties to the Bales Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Belle Ferguson GHidalgo County, TX21 BBLs3,141 MCFSep 2024
Doffing Mary Bell Et Al 1Hidalgo County, TX3 BBLs309 MCFSep 2024
Dominguez MaximoHidalgo County, TX10 BBLs1,284 MCFSep 2024
El TexanoHidalgo County, TX0 BBLs3,230 MCFSep 2024
HoustonHidalgo County, TX0 BBLs874 MCFSep 2024
JancikHidalgo County, TX0 BBLs679 MCFSep 2024
Keirn PearlHidalgo County, TX2 BBLs1,371 MCFSep 2024
Lepovitz Gas UnitHidalgo County, TX0 BBLs678 MCFSep 2024
McAllen Fieldwide UnitHidalgo County, TX924 BBLs100,799 MCFSep 2024
Pate Gas Unit 1Hidalgo County, TX0 BBLs1,234 MCFSep 2024
Pharr Fieldwide UnitHidalgo County, TX418 BBLs54,002 MCFSep 2024
Robinette, J.CHidalgo County, TX0 BBLs0 MCFApr 2016
Savage UnitHidalgo County, TX1 BBLs217 MCFSep 2024
Theser Gas UnitHidalgo County, TX0 BBLs45 MCFSep 2024
William E. Beane Gu 2Hidalgo County, TX0 BBLs0 MCFDec 2015

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 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
04-166723BALES GAS UNIT 4May 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4May 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STMay 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STMay 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STMay 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Apr 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Apr 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Apr 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STApr 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STApr 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STApr 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Mar 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC