Ford Unit

Oil & Gas Property in Montague County, TX

Property Summary

Key data points for Ford Unit

CountyMontague County, TX
OperatorPETEX
Production DatesJan 1993 - Sep 2024
Total Oil Production45,154 BBLs
Total Gas Production290,923 MCF
Recent Oil Production63 BBLs in Aug 2024
Recent Gas Production335 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Ford Unit

ShaleAssessment

$704 *

MarketMultiple

$14,221 **

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

Based on a decimal interest

Ford Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ford Unit
from Jan 1993 to Sep 2024

Wells on Ford Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-337-00203FORD UNIT 1LPETEXShut In-Multi-ComplMontague County, TX33.491511-97.868207
42-337-02907FORD UNIT 2UPETEXProducingMontague County, TX33.490197-97.860759

Leases included in Ford Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-036878FORD UNIT 1LPETEXMontague County, TX
09-14547FORD UNITPETEXMontague County, TX

Nearby Properties

These are the closest 20 properties to the Ford Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeaversMontague County, TX0 BBLs10,936 MCFSep 2024
BriteMontague County, TX0 BBLs0 MCFJun 2024
Cady UnitMontague County, TX36 BBLs0 MCFSep 2024
Clark HindsMontague County, TX348 BBLs1,526 MCFSep 2024
Coffield TMontague County, TX77 BBLs630 MCFSep 2024
ConleyMontague County, TX0 BBLs4,718 MCFSep 2024
Eanes East UnitMontague County, TX0 BBLs0 MCFApr 2017
Eanes North UnitMontague County, TX0 BBLs0 MCFJun 2024
Eanes SouthMontague County, TX16 BBLs0 MCFSep 2024
EdginMontague County, TX0 BBLs4,727 MCFSep 2024
Ford, FredMontague County, TX82 BBLs337 MCFSep 2024
Gregory UnitMontague County, TX0 BBLs4,134 MCFSep 2024
LairdMontague County, TX0 BBLs0 MCFMar 2013
Laird EstateMontague County, TX137 BBLs359 MCFSep 2024
MayoMontague County, TX0 BBLs130 MCFAug 2024
PipkinMontague County, TX0 BBLs0 MCFAug 2020
SutherlandMontague County, TX1 BBLs360 MCFAug 2024
TuckerMontague County, TX311 BBLs186 MCFSep 2024
WhiteMontague County, TX155 BBLs0 MCFSep 2024
WinnMontague County, TX687 BBLs1,139 MCFSep 2024

Owners of Ford Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETEX LTDFORD UNITPETEX
2024SALT FORK LTDFORD UNITPETEX
2024EDGIN E L JR (DECD)FORD UNITPETEX
2024ANDREWS ROYALTY LPFORD UNITPETEX
2024FORD PATSY LFORD UNITPETEX
2024FORD BRENTFORD UNITPETEX
2024WOODRUFF KENNETH LYNNFORD UNITPETEX
2024ROYALTY CLEARINGHOUSE PARTNSHPFORD UNITPETEX
Displaying 8 of 29 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Ford Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-14547FORD UNITJul 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJul 2024RED RIVER CRUDE OIL LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJun 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITMay 2024RED RIVER CRUDE OIL LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITMay 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITApr 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITApr 2024RED RIVER CRUDE OIL LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITMar 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITFeb 2024RED RIVER CRUDE OIL LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITFeb 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJan 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITDec 2023RED RIVER CRUDE OIL LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITDec 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITNov 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITNov 2023RED RIVER CRUDE OIL LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITOct 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITSep 2023VITOL INC.PETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITSep 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITAug 2023VITOL INC.PETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITAug 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJul 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJul 2023VITOL INC.PETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJun 2023VITOL INC.PETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITJun 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
09-14547FORD UNITMay 2023VITOL INC.PETROLEUM EXPLORATION COMPANY, LTD.