Oil & Gas Property in Madison County, TX
Key data points for Chambless 1
| County | Madison County, TX |
|---|---|
| Operator | REED EXPLORATION LLC |
| Production Dates | Apr 2014 - Nov 2024 |
| Total Oil Production | 28,095 BBLs |
| Total Gas Production | 300,827 MCF |
| Recent Oil Production | 8 BBLs in Nov 2024 |
| Recent Gas Production | 0 MCF in Nov 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Chambless 1
ShaleAssessment™
$8,202 *
MarketMultiple™
$124 **
* 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 20 properties to the Chambless 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Barrett | Madison County, TX | 379 BBLs | 4,092 MCF | Dec 2024 |
| Bell | Madison County, TX | 0 BBLs | 0 MCF | Nov 2023 |
| Brassell 1 | Madison County, TX | 161 BBLs | 0 MCF | Dec 2024 |
| Doyle McAdams | Walker County, TX | 62 BBLs | 5,785 MCF | Dec 2024 |
| Greene 1 | Madison County, TX | 9 BBLs | 0 MCF | Dec 2024 |
| Grisham | Madison County, TX | 899 BBLs | 2,034 MCF | Dec 2024 |
| Henry 1 | Madison County, TX | 87 BBLs | 0 MCF | Dec 2024 |
| Iron Duke | Madison County, TX | 120 BBLs | 2,008 MCF | Dec 2024 |
| Iron Duke (Allocation) | Madison County, TX | 0 BBLs | 0 MCF | Jul 2023 |
| Knight 1 | Madison County, TX | 66 BBLs | 0 MCF | Dec 2024 |
| Laura Unit | Madison County, TX | 335 BBLs | 2,529 MCF | Dec 2024 |
| Laura-Manning (Alloc) Unit | Madison County, TX | 33 BBLs | 423 MCF | Dec 2024 |
| Manning | Madison County, TX | 471 BBLs | 256 MCF | Dec 2024 |
| Mossy Grove Gas Unit | Walker County, TX | 1 BBLs | 82 MCF | Dec 2024 |
| Mr. Dub | Walker County, TX | 121 BBLs | 3,602 MCF | Dec 2024 |
| Santa Elena Gas Unit 1 | Madison County, TX | 0 BBLs | 0 MCF | Feb 2023 |
| Savell 1 | Madison County, TX | 8 BBLs | 0 MCF | Nov 2024 |
| Tinsley | Madison County, TX | 0 BBLs | 0 MCF | Aug 2024 |
| Vick 'B' Unit | Madison County, TX | 287 BBLs | 4,009 MCF | Dec 2024 |
| Wash McAdams | Walker County, TX | 100 BBLs | 1,367 MCF | Dec 2024 |
These are the closest 11 companies operating near the Chambless 1 property.