Florence 1

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Florence 1

CountyMadison County, TX
OperatorREED EXPLORATION LLC
Production DatesJan 2014 - Aug 2022
Total Oil Production29,178 BBLs
Total Gas Production214,517 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property1

Our Valuation Estimates for Florence 1

ShaleAssessment

$5,284 *

MarketMultiple

Not Available

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

Based on a decimal interest

Florence 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Florence 1
from Jan 2014 to Aug 2022

Wells on Florence 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-31055FLORENCE 1REED EXPLORATION LLCProducingMadison County, TX30.987237-95.743521

Leases included in Florence 1

Lease #Lease NameOperatorCounty
03-274743FLORENCE 1REED EXPLORATION LLCMadison County, TX
03-274756FLORENCE 1REED EXPLORATION LLCMadison County, TX
03-274882FLORENCE 1REED EXPLORATION LLCMadison County, TX

Nearby Properties

These are the closest 20 properties to the Florence 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrMadison County, TX15 BBLs0 MCFAug 2024
BatesMadison County, TX5 BBLs0 MCFAug 2024
BellMadison County, TX0 BBLs0 MCFSep 2022
Brassell 1Madison County, TX139 BBLs0 MCFAug 2024
FarrisMadison County, TX148 BBLs0 MCFAug 2024
Ferguson Prison UnitMadison County, TX1,019 BBLs5,071 MCFSep 2024
Greene 1Madison County, TX12 BBLs0 MCFAug 2024
Harper BerthaMadison County, TX0 BBLs0 MCFJun 2024
Johnston 1Madison County, TX109 BBLs0 MCFAug 2024
Leggett 1Madison County, TX73 BBLs0 MCFAug 2024
Mosser 1Madison County, TX98 BBLs0 MCFAug 2024
MunsonMadison County, TX334 BBLs0 MCFAug 2024
RaderMadison County, TX31 BBLs0 MCFAug 2024
Shelton 1Madison County, TX102 BBLs0 MCFAug 2024
Smith 1Madison County, TX0 BBLs0 MCFFeb 2024
Stiver 1Madison County, TX214 BBLs0 MCFAug 2024
ThomasMadison County, TX12 BBLs0 MCFAug 2024
Trichel 1Madison County, TX5 BBLs0 MCFAug 2024
TurnerMadison County, TX352 BBLs1,042 MCFSep 2024
YorkMadison County, TX0 BBLs0 MCFJun 2024

Owners of Florence 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BUFFALO XXII OPERATING LLCFLORENCE (01)BUFFALO XXII CORP

Oil & Gas Sales on Florence 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-274743FLORENCE 1Jan 2022ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jan 2022ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Sep 2021GULFMARK ENERGY, INC.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Aug 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Aug 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jul 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jul 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jun 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jun 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1May 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1May 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Apr 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Apr 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Mar 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Mar 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jan 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jan 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.