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 - Aug 2024
Total Oil Production209,245 BBLs
Total Gas Production11,313,897 MCF
Recent Oil Production163 BBLs in Jul 2024
Recent Gas Production35,631 MCF in Jul 2024
Wells on Property5

Our Valuation Estimates for Bales Gas Unit

ShaleAssessment

$29,719 *

MarketMultiple

$162,315 **

* 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 Aug 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, TX26 BBLs3,214 MCFAug 2024
Doffing Mary Bell Et Al 1Hidalgo County, TX3 BBLs453 MCFAug 2024
Dominguez MaximoHidalgo County, TX53 BBLs1,332 MCFAug 2024
El TexanoHidalgo County, TX0 BBLs4,036 MCFAug 2024
HoustonHidalgo County, TX0 BBLs963 MCFAug 2024
JancikHidalgo County, TX0 BBLs689 MCFAug 2024
Keirn PearlHidalgo County, TX3 BBLs1,250 MCFAug 2024
Lepovitz Gas UnitHidalgo County, TX0 BBLs795 MCFAug 2024
McAllen Fieldwide UnitHidalgo County, TX943 BBLs102,460 MCFAug 2024
Pate Gas Unit 1Hidalgo County, TX0 BBLs0 MCFAug 2024
Pharr Fieldwide UnitHidalgo County, TX462 BBLs51,907 MCFAug 2024
Robinette J. CHidalgo County, TX0 BBLs0 MCFApr 2016
Savage UnitHidalgo County, TX0 BBLs0 MCFAug 2024
Theser Gas UnitHidalgo County, TX0 BBLs56 MCFAug 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