Gilbert Unit

Oil & Gas Property in Montague County, TX

  2. Texas
  3. Montague County, TX
  4. Oil & Gas Properties in Montague County, TX
  5. Gilbert Unit Oil & Gas Property

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Property Summary

Key data points for Gilbert Unit

CountyMontague County, TX
OperatorQUAIL RIDGE OPERATING LLC
Production DatesMay 2024 - Jul 2024
Total Oil Production33,670 BBLs
Total Gas Production89,877 MCF
Recent Oil Production14,976 BBLs in Jun 2024
Recent Gas Production15,592 MCF in Jun 2024
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,385,944 **

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

Based on a decimal interest

Gilbert Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gilbert Unit
from May 2024 to Jul 2024

Wells on Gilbert Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-337-35494GILBERT UNIT 1HQUAIL RIDGE OPERATING LLCProducingMontague County, TX33.556161-97.958570
42-337-35495GILBERT UNIT 2HQUAIL RIDGE OPERATING LLCProducingMontague County, TX33.556162-97.958636
42-337-35496GILBERT UNIT 3HQUAIL RIDGE OPERATING LLCHorizontal Well Surface LocatioMontague County, TX33.556162-97.958702
42-337-35502GILBERT UNIT 4QUAIL RIDGE OPERATING LLCInjectionMontague County, TX33.556271-97.958504

Leases included in Gilbert Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-34285GILBERT UNITQUAIL RIDGE OPERATING LLCMontague County, TX
09-34314GILBERT UNITQUAIL RIDGE OPERATING LLCMontague County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bellevue UnitClay County, TX0 BBLs0 MCFJul 2023
BlackmonMontague County, TX77 BBLs3,185 MCFJul 2024
BoedeckerMontague County, TX14 BBLs1,917 MCFJul 2024
BoedekerMontague County, TX36 BBLs10,696 MCFJul 2024
BriteMontague County, TX0 BBLs306 MCFJun 2024
CantwellMontague County, TX0 BBLs628 MCFJul 2024
ChildressClay County, TX128 BBLs0 MCFJul 2024
ClarkMontague County, TX129 BBLs1,756 MCFJul 2024
DensonClay County, TX21,639 BBLs15,402 MCFJul 2024
Eanes North UnitMontague County, TX67 BBLs0 MCFJun 2024
Eanes NW /Miss./ UnitMontague County, TX52 BBLs728 MCFJul 2024
Eanes West UnitMontague County, TX179 BBLs146 MCFJul 2024
Fat DogMontague County, TX190 BBLs5,277 MCFJul 2024
Gray UnitMontague County, TX144 BBLs7,663 MCFJul 2024
GregoryMontague County, TX8 BBLs7,257 MCFJul 2024
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
Lawler UnitMontague County, TX145 BBLs4,814 MCFJul 2024
MayfieldMontague County, TX1 BBLs0 MCFJun 2024
PattersonClay County, TX103 BBLs0 MCFJul 2024
StarnesClay County, TX40 BBLs0 MCFJul 2024

Companies in the Area

These are the closest 20 companies operating near the Gilbert Unit property.

Company Name
Atoka Operating, Inc.
Bennett Production Corporation
Borders, Delbert L. Inc.
Dimock Operating Company
Eagleridge Operating, LLC
EOG Resources Inc
Federal Energy Development Co.
Great American Resources Inc.
H & S Production, Inc.
Holli-Tex Supply Co.
Knight, Reuben B.
Mitchell Energy Corp
Muenster Drilling Co. Inc.
Pioneer Natural Res. USA, Inc.
Quail Ridge Operating LLC
Scout Energy Management LLC
Trio Consulting & Management,LLC
Tuthill & Barbee
Walter Exploration Inc
Willowbend Investments, Inc.

Oil & Gas Sales on Gilbert Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
09-34285GILBERT UNITJul 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJul 2024TRUE OIL TRUCKING & MARKETING, LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJun 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJun 2024TRUE OIL TRUCKING & MARKETING, LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITMay 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC