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 - Aug 2024
Total Oil Production39,190 BBLs
Total Gas Production169,126 MCF
Recent Oil Production14,201 BBLs in Jul 2024
Recent Gas Production70,838 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,626,166 **

* 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 Aug 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, TX89 BBLs3,427 MCFAug 2024
BoedeckerMontague County, TX8 BBLs2,032 MCFAug 2024
BoedekerMontague County, TX59 BBLs12,217 MCFAug 2024
BriteMontague County, TX0 BBLs0 MCFJun 2024
CantwellMontague County, TX0 BBLs631 MCFAug 2024
ChildressClay County, TX203 BBLs0 MCFAug 2024
ClarkMontague County, TX136 BBLs1,098 MCFAug 2024
Clearfork Unit 1HMontague County, TX212 BBLs3,035 MCFAug 2024
DensonClay County, TX25,898 BBLs96,553 MCFAug 2024
Eanes North UnitMontague County, TX0 BBLs0 MCFJun 2024
Eanes NW /Miss./ UnitMontague County, TX72 BBLs745 MCFAug 2024
Eanes West UnitMontague County, TX188 BBLs149 MCFAug 2024
Fat DogMontague County, TX0 BBLs3,344 MCFAug 2024
Gray UnitMontague County, TX184 BBLs5,823 MCFAug 2024
GregoryMontague County, TX10 BBLs9,066 MCFAug 2024
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
MayfieldMontague County, TX0 BBLs0 MCFAug 2024
PattersonClay County, TX90 BBLs0 MCFAug 2024
StarnesClay County, TX43 BBLs0 MCFAug 2024

Companies in the Area

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

Company Name
Bennett Production Corporation
Borders, Delbert L. Inc.
Dimock Operating Company
Eagleridge Operating, LLC
EOG Resources Inc
Federal Energy Development Co.
Felderhoff Production Company
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