Weddington Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Weddington Unit

CountyKarnes County, TX
OperatorDEVON ENERGY PRODUCTION COMPANY LP
Production DatesJun 2012 - Aug 2024
Total Oil Production387,036 BBLs
Total Gas Production698,635 MCF
Recent Oil Production475 BBLs in Jul 2024
Recent Gas Production109 MCF in Jul 2024
Wells on Property5

Our Valuation Estimates for Weddington Unit

ShaleAssessment

$18,474 *

MarketMultiple

$41,572 **

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

Based on a decimal interest

Weddington Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Weddington Unit
from Jun 2012 to Aug 2024

Wells on Weddington Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-32302WEDDINGTON UNIT 1HDEVON ENERGY PRODUCTION CO, L.P.ProducingKarnes County, TX28.917384-98.059736
42-255-32479WEDDINGTON UNIT 4HDEVON ENERGY PRODUCTION CO, L.P.ProducingKarnes County, TX28.911718-98.066527
42-255-32493WEDDINGTON UNIT 2HDEVON ENERGY PRODUCTION CO, L.P.Shut InKarnes County, TX28.914867-98.065025
42-255-32494WEDDINGTON UNIT 3HDEVON ENERGY PRODUCTION CO, L.P.ProducingKarnes County, TX28.914923-98.065025
42-255-34535WEDDINGTON UNIT 15HDEVON ENERGY PRODUCTION CO, L.P.ProducingKarnes County, TX28.916731-98.059936

Leases included in Weddington Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-09973WEDDINGTON UNITDEVON ENERGY PRODUCTION CO, L.P.Karnes County, TX

Nearby Properties

These are the closest 20 properties to the Weddington Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AverlyKarnes County, TX11,153 BBLs37,839 MCFAug 2024
BeickerKarnes County, TX7,837 BBLs8,391 MCFAug 2024
Bolf Ac UnitKarnes County, TX2,124 BBLs3,915 MCFAug 2024
Cione UnitKarnes County, TX314 BBLs89 MCFAug 2024
Dickson-Allen UnitKarnes County, TX5,997 BBLs29,386 MCFAug 2024
Diver UnitKarnes County, TX1,267 BBLs785 MCFAug 2024
Franklin UnitKarnes County, TX25,255 BBLs12,773 MCFAug 2024
Hysaw-HobsonKarnes County, TX0 BBLs0 MCFJun 2024
J HandyKarnes County, TX7,309 BBLs10,465 MCFAug 2024
Jimmerson UnitKarnes County, TX2,207 BBLs12,628 MCFAug 2024
Kowalik UnitKarnes County, TX3,604 BBLs9,062 MCFAug 2024
Long-Fischer UnitKarnes County, TX6,866 BBLs0 MCFAug 2024
Muenchow UnitKarnes County, TX456 BBLs21 MCFAug 2024
NieschwietzKarnes County, TX26,346 BBLs8,687 MCFAug 2024
Novak UnitKarnes County, TX2,908 BBLs6,379 MCFAug 2024
Patsy-Clark UnitKarnes County, TX8,862 BBLs36,220 MCFAug 2024
Pawlik UnitKarnes County, TX7,536 BBLs9,818 MCFAug 2024
Pawlik-Zunker (Sa)Karnes County, TX17,654 BBLs29,611 MCFAug 2024
Shipman UnitKarnes County, TX6,130 BBLs5,560 MCFAug 2024
TMK UnitKarnes County, TX37,723 BBLs151,646 MCFAug 2024

Owners of Weddington Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DEVON ENERGY PROD CO LP-WIWEDDINGTON UNIT W#1H,2H,15HDEVON ENERGY PROD CO
2024DEVON ENERGY PROD CO LP-WIWEDDINGTON UNIT W#3H-4HDEVON ENERGY PROD CO

Oil & Gas Sales on Weddington Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-09973WEDDINGTON UNITJul 2024DEVON GAS SERVICES, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITJul 2024DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITJul 2024DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITJun 2024DEVON GAS SERVICES, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITMay 2024DEVON GAS SERVICES, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITMay 2024DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITMay 2024DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITApr 2024DEVON GAS SERVICES, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITApr 2024VALERO MARKETING AND SUPPLY COMPANYDEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITApr 2024DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITApr 2024DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITMar 2024VALERO MARKETING AND SUPPLY COMPANYDEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITMar 2024DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITMar 2024DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITFeb 2024VALERO MARKETING AND SUPPLY COMPANYDEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITFeb 2024DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITFeb 2024DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITJan 2024VALERO MARKETING AND SUPPLY COMPANYDEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITJan 2024DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITJan 2024DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITDec 2023VALERO MARKETING AND SUPPLY COMPANYDEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITDec 2023DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITDec 2023DEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITNov 2023VALERO MARKETING AND SUPPLY COMPANYDEVON ENERGY PRODUCTION COMPANY, L.P.
02-09973WEDDINGTON UNITNov 2023DEVON ENERGY PRODUCTION COMPANY, L.P.DEVON ENERGY PRODUCTION COMPANY, L.P.