Gailan

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Gailan

CountyMidland County, TX
Production DatesAug 2007 - Jan 2025
Total Oil Production436,715 BBLs
Total Gas Production1,107,032 MCF
Recent Oil Production311 BBLs in Dec 2024
Recent Gas Production1,344 MCF in Dec 2024
Wells on Property8

Our Valuation Estimates for Gailan

ShaleAssessment

$51,520 *

MarketMultiple

$53,294 **

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

Based on a decimal interest

Gailan Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gailan
from Aug 2007 to Jan 2025

Wells on Gailan

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-35771GAILAN 2PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.067834-102.249729
42-329-35772GAILAN 1PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.074919-102.251969
42-329-35817GAILAN 3PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.077455-102.257185
42-329-35821GAILAN 4PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.070372-102.254944
42-329-38458GAILAN 5PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.066880-102.253845
42-329-38473GAILAN 6PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.071339-102.250836
42-329-38474GAILAN 7PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.073954-102.256075
42-329-38475GAILAN 8PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.078601-102.253740

Leases included in Gailan

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-38461GAILANDEVON ENERGY PRODUCTION CO, L.P.Midland County, TX
08-39392GAILANPIONEER NATURAL RES. USA, INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the Gailan property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bohannon24Andrews County, TX1,712 BBLs5,801 MCFJan 2025
Bohannon26Andrews County, TX1,449 BBLs4,636 MCFJan 2025
Bohannon36Midland County, TX854 BBLs1,532 MCFJan 2025
Bohannon38Midland County, TX2,073 BBLs9,880 MCFJan 2025
CasselmanMidland County, TX41,125 BBLs117,508 MCFJan 2025
Casselman10Midland County, TX4,524 BBLs33,993 MCFJan 2025
Casselman4Midland County, TX10,492 BBLs50,198 MCFJan 2025
Casselman40Midland County, TX6,238 BBLs56,371 MCFJan 2025
Casselman8Midland County, TX3,857 BBLs44,026 MCFJan 2025
Crown RoyalEctor County, TX4 BBLs234 MCFJan 2025
EstesMidland County, TX1,365 BBLs4,257 MCFDec 2024
FaskenMidland County, TX108,646 BBLs243,461 MCFDec 2024
Fee AMidland County, TX21,814 BBLs101,524 MCFJan 2025
Fee BMidland County, TX3,177 BBLs9,125 MCFJan 2025
Fee BEctor County, TX441,056 BBLs899,061 MCFJan 2025
Fee BFMidland County, TX3,078 BBLs15,481 MCFJan 2025
Grey GooseMidland County, TX78 BBLs78 MCFJan 2025
HaagMidland County, TX500 BBLs205 MCFJan 2025
Haag HZ UnitEctor County, TX66,900 BBLs116,277 MCFJan 2025
Walnut-Barron 11Midland County, TX52,789 BBLs67,947 MCFJan 2025

Frac'ing activity on Gailan

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-38458Gailan 5
42-329-38473Gailan 6
42-329-38474Gailan 7
42-329-38475Gailan 8

Owners of Gailan

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES -WI-GAILANPIONEER NATURAL RES
2024FRANCIS JAMES KENNETHGAILANPIONEER NATURAL RES
2024LIGHT KAY & K C LIGHT JR TRUSTGAILANPIONEER NATURAL RES
2024BALMER SUE ANN FRANCISGAILANPIONEER NATURAL RES
2024CROWNROCK MINERALS LPGAILANPIONEER NATURAL RES

Oil & Gas Sales on Gailan

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39392GAILANOct 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANSep 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANSep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANSep 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANAug 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANAug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANAug 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJul 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJul 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJul 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJun 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJun 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJun 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMay 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMay 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMay 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANApr 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANApr 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANApr 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMar 2024PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMar 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMar 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANFeb 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANFeb 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANFeb 2024PIONEER NATURAL RESOURCES USA, INC.