Riess

Oil & Gas Property in Houston County, TX

Property Summary

Key data points for Riess

CountyHouston County, TX
OperatorBIG CREEK OPERATING COMPANY LLC
Production DatesJun 2019 - Aug 2024
Total Oil Production803 BBLs
Total Gas Production10,439 MCF
Recent Oil Production13 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Riess

ShaleAssessment

Not Available

MarketMultiple

$1,506 **

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

Based on a decimal interest

Riess Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Riess
from Jun 2019 to Aug 2024

Wells on Riess

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-225-31346RIESS 1BIG CREEK OPERATING COMPANY LLCProducingHouston County, TX31.430315-95.705344
42-225-31434RIESS 2BIG CREEK OPERATING COMPANY LLCPermitted LocationHouston County, TX31.433963-95.700652

Leases included in Riess

Lease #Lease NameOperatorCountyMonthly Oil Prod.
06-15762RIESSBIG CREEK OPERATING COMPANY LLCHouston County, TX
06-276364RIESS 1BIG CREEK OPERATING COMPANY LLCHouston County, TX
06-287251RIESS 1BIG CREEK OPERATING COMPANY LLCHouston County, TX

Nearby Properties

These are the closest 12 properties to the Riess property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AveryHouston County, TX441 BBLs0 MCFAug 2024
Bryant/DaileyHouston County, TX0 BBLs0 MCFJul 2022
CascadeHouston County, TX61 BBLs0 MCFSep 2024
DaileyHouston County, TX0 BBLs291 MCFAug 2024
Gragg Billy HLeon County, TX433 BBLs0 MCFSep 2024
Irwin A 1Leon County, TX0 BBLs536 MCFSep 2024
Leone PlantationLeon County, TX60 BBLs0 MCFAug 2024
LipseyLeon County, TX0 BBLs0 MCFDec 2023
Navarro CrossingHouston County, TX0 BBLs1,365 MCFAug 2024
PouncyHouston County, TX741 BBLs1,362 MCFAug 2024
Smith ShelbyLeon County, TX0 BBLs6,098 MCFSep 2024
StoryLeon County, TX0 BBLs2,427 MCFSep 2024

Owners of Riess

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BIG CREEK OPERATING CO LLCRIESS (01)BIG CREEK OPERATING

Oil & Gas Sales on Riess

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
06-287251RIESS 1Sep 2023PLAINS MARKETING, L.P.BIG CREEK OPERATING COMPANY LLC
06-287251RIESS 1Sep 2022PLAINS MARKETING, L.P.BIG CREEK OPERATING COMPANY LLC
06-287251RIESS 1Nov 2021PLAINS MARKETING, L.P.BIG CREEK OPERATING COMPANY LLC
06-287251RIESS 1May 2021PLAINS MARKETING, L.P.BIG CREEK OPERATING COMPANY LLC
06-287251RIESS 1Jun 2020PLAINS MARKETING, L.P.BIG CREEK OPERATING COMPANY LLC