C.M. Rackel

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for C.M. Rackel

CountyMilam County, TX
Production DatesJul 2013 - Sep 2024
Total Oil Production17,300 BBLs
Total Gas Production1 MCF
Recent Oil Production36 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for C.M. Rackel

ShaleAssessment

$176 *

MarketMultiple

$3,880 **

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

Based on a decimal interest

C.M. Rackel Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for C.M. Rackel
from Jul 2013 to Sep 2024

Wells on C.M. Rackel

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-34206C. M. RACKEL 2PAIRADICE OIL & GAS COMPANY LLCProducingMilam County, TX30.574968-96.929322
42-331-35092C.M. RACKEL 3PAIRADICE OIL & GAS COMPANY LLCProducingMilam County, TX30.575237-96.930599

Leases included in C.M. Rackel

Lease #Lease NameOperatorCountyMonthly Oil Prod.
01-17711C. M. RACKELPAIRADICE OIL & GAS COMPANY LLCMilam County, TX
01-20376C.M. RACKELPAIRADICE OIL & GAS COMPANY LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the C.M. Rackel property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alford JBurleson County, TX30 BBLs0 MCFSep 2024
Burleson County OilBurleson County, TX0 BBLs0 MCFNov 2021
Busch R.DMilam County, TX551 BBLs0 MCFSep 2024
CoffieldBurleson County, TX543 BBLs3,782 MCFSep 2024
CottonBurleson County, TX62 BBLs0 MCFSep 2024
CrittendenBurleson County, TX112 BBLs0 MCFSep 2024
GilliamMilam County, TX288 BBLs0 MCFSep 2024
Glen LumpkinsMilam County, TX304 BBLs0 MCFSep 2024
Henry ShephardBurleson County, TX0 BBLs0 MCFJul 2024
Herndon-HensleyMilam County, TX90 BBLs208 MCFSep 2024
McGinty-AveryBurleson County, TX0 BBLs0 MCFJun 2024
MortonBurleson County, TX58 BBLs0 MCFAug 2024
Praesel, ABurleson County, TX25 BBLs0 MCFSep 2024
RussellBurleson County, TX70 BBLs560 MCFSep 2024
Russell KathlBurleson County, TX14 BBLs0 MCFSep 2024
SchneebeliMilam County, TX868 BBLs0 MCFSep 2024
Scott D. ABurleson County, TX26 BBLs0 MCFSep 2024
Shephard HenryBurleson County, TX28 BBLs79 MCFSep 2024
T.R.U. UnitMilam County, TX494 BBLs0 MCFSep 2024
UnderwoodMilam County, TX453 BBLs0 MCFSep 2024

Owners of C.M. Rackel

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HAMMAN OIL AND REFINING COC M RACKEL #2HAMMAN OIL & R
2024BROOKS JIM FC M RACKEL #2HAMMAN OIL & R
2024HAMMAN OIL AND REFINING COC.M. RACKELHAMMAN OIL & R
2024BROOKS JIM FC.M. RACKELHAMMAN OIL & R

Oil & Gas Sales on C.M. Rackel

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-20376C.M. RACKELJun 2024SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELApr 2024SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELDec 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELDec 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELSep 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELSep 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELJun 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELApr 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELMar 2023SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELDec 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELNov 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELSep 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELAug 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELAug 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELJun 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELJun 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELMay 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELApr 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELJan 2022SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-20376C.M. RACKELDec 2021SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELSep 2021SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELJul 2021SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELApr 2021SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELMar 2021SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY
01-17711C. M. RACKELDec 2020SHELL TRADING (US) COMPANYHAMMAN OIL & REFINING COMPANY