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 - Jul 2024 |
| Total Oil Production | 209,113 BBLs |
| Total Gas Production | 11,277,421 MCF |
| Recent Oil Production | 162 BBLs in Jun 2024 |
| Recent Gas Production | 35,692 MCF in Jun 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for Bales Gas Unit
ShaleAssessment™
$30,084 *
MarketMultiple™
$189,489 **
* 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 15 properties to the Bales Gas Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Belle Ferguson G | Hidalgo County, TX | 26 BBLs | 3,168 MCF | Jul 2024 |
| Doffing Mary Bell Et Al 1 | Hidalgo County, TX | 2 BBLs | 283 MCF | Jul 2024 |
| Dominguez Maximo | Hidalgo County, TX | 25 BBLs | 1,426 MCF | Jul 2024 |
| El Texano | Hidalgo County, TX | 0 BBLs | 4,158 MCF | Jul 2024 |
| Houston | Hidalgo County, TX | 0 BBLs | 904 MCF | Jul 2024 |
| Jancik | Hidalgo County, TX | 0 BBLs | 682 MCF | Jul 2024 |
| Keirn Pearl | Hidalgo County, TX | 3 BBLs | 1,057 MCF | Jul 2024 |
| Lepovitz Gas Unit | Hidalgo County, TX | 0 BBLs | 853 MCF | Jul 2024 |
| McAllen Fieldwide Unit | Hidalgo County, TX | 908 BBLs | 89,391 MCF | Jul 2024 |
| Pate Gas Unit 1 | Hidalgo County, TX | 0 BBLs | 629 MCF | Jun 2024 |
| Pharr Fieldwide Unit | Hidalgo County, TX | 430 BBLs | 50,055 MCF | Jul 2024 |
| Robinette J. C | Hidalgo County, TX | 0 BBLs | 0 MCF | Apr 2016 |
| Savage Unit | Hidalgo County, TX | 7 BBLs | 238 MCF | Jun 2024 |
| Theser Gas Unit | Hidalgo County, TX | 0 BBLs | 60 MCF | Jul 2024 |
| William E. Beane Gu 2 | Hidalgo County, TX | 0 BBLs | 0 MCF | Dec 2015 |
These are the closest 19 companies operating near the Bales Gas Unit property.