Gerdes

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Gerdes

CountyLee County, TX
Production DatesJan 1993 - Jan 2025
Total Oil Production101,686 BBLs
Total Gas Production2,668,768 MCF
Recent Oil Production43 BBLs in Dec 2024
Recent Gas Production1,299 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for Gerdes

ShaleAssessment

$9,305 *

MarketMultiple

$10,814 **

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

Based on a decimal interest

Gerdes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gerdes
from Jan 1993 to Jan 2025

Wells on Gerdes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30240GERDES 1U. S. OPERATING, INC.ProducingLee County, TX30.290806-96.774546
42-287-30441GERDES "B" 1CHAMPLIN EXPLORATION, INC.Plugged Oil/Gas WellLee County, TX30.282801-96.753197
42-287-30517GERDES B 2REMAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.281154-96.750749
42-287-32471GERDES 2REU. S. OPERATING, INC.ProducingLee County, TX30.280137-96.759203

Leases included in Gerdes

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-081881GERDES 1U. S. OPERATING, INC.Lee County, TX
03-081966GERDES "B" 1CIRRUS PRODUCTION COMPANYLee County, TX
03-12248GERDES "B"CHAMPLIN EXPLORATION, INC.Lee County, TX
03-128600GERDES 1U. S. OPERATING, INC.Lee County, TX
03-17451GERDESU. S. OPERATING, INC.Lee County, TX
03-22806GERDES "B"MAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-22835GERDESU. S. OPERATING, INC.Lee County, TX

Nearby Properties

These are the closest 20 properties to the Gerdes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
America UnitLee County, TX2 BBLs0 MCFDec 2024
Cleopatra Unit ILee County, TX201 BBLs3,205 MCFJan 2025
DarleneLee County, TX25 BBLs747 MCFJan 2025
DebbieLee County, TX3 BBLs73 MCFJan 2025
GanttLee County, TX18 BBLs1,448 MCFJan 2025
Gerdes GarwoodLee County, TX261 BBLs539 MCFJan 2025
HelenLee County, TX2 BBLs76 MCFDec 2024
Jensen, Ray EstateLee County, TX0 BBLs0 MCFDec 2023
LeitkoLee County, TX44 BBLs1,558 MCFJan 2025
MargaretLee County, TX62 BBLs768 MCFJan 2025
Mary HelenLee County, TX23 BBLs752 MCFJan 2025
MaxyeLee County, TX5 BBLs333 MCFJan 2025
Oley UnitLee County, TX33 BBLs808 MCFDec 2024
Patricia UnitLee County, TX20 BBLs1,137 MCFJan 2025
SharonLee County, TX0 BBLs251 MCFJan 2025
Stranger TLee County, TX23 BBLs1,821 MCFDec 2024
TishLee County, TX4 BBLs117 MCFJan 2025
TriggerLee County, TX3 BBLs993 MCFJan 2025
Two FingersLee County, TX10 BBLs897 MCFJan 2025
WestbrookLee County, TX29 BBLs433 MCFDec 2024

Owners of Gerdes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024U S OPERATING INCGERDES #1U S OPERATING INC
2024KUBESCH BETTY LOU GERDESGERDES #1U S OPERATING INC
2024GERDES GARDAN LGERDES #1U S OPERATING INC
2024GERDES GARY WGERDES #1U S OPERATING INC
2024GEDDIE SURVIVORS TRUSTGERDES #1U S OPERATING INC
2024MAGNOLIA OIL & GAS OPERATINGGERDES "B"MAGNOLIA OIL & GAS
2024U S OPERATING INCGERDES H #2 REU S OPERATING INC
2024ESQUISTO RESOURCES II LLCGERDES #1U S OPERATING INC
Displaying 8 of 80 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gerdes

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-22835GERDESOct 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-128600GERDES 1Sep 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESSep 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Aug 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Aug 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-22806GERDES "B"Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESAug 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-128600GERDES 1Jun 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESJun 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1May 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESMay 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Apr 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Apr 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-22806GERDES "B"Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESApr 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Mar 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22806GERDES "B"Mar 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESMar 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Feb 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Feb 2024MAGNOLIA OIL & GAS OPERATING LLC