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 - Nov 2024
Total Oil Production47,625 BBLs
Total Gas Production369,933 MCF
Recent Oil Production2,256 BBLs in Nov 2024
Recent Gas Production61,273 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,054,142 **

* 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 Nov 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 LLCProducingMontague 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, TX219 BBLs567 MCFDec 2024
BoedeckerMontague County, TX2 BBLs2,134 MCFDec 2024
BoedekerMontague County, TX85 BBLs10,957 MCFDec 2024
BriteMontague County, TX0 BBLs0 MCFDec 2024
CantwellMontague County, TX0 BBLs566 MCFDec 2024
ChildressClay County, TX165 BBLs0 MCFDec 2024
ClarkMontague County, TX34 BBLs574 MCFDec 2024
DensonClay County, TX3,675 BBLs85,327 MCFNov 2024
Eanes N. W. Miss UnitMontague County, TX74 BBLs0 MCFNov 2024
Eanes North UnitMontague County, TX0 BBLs0 MCFDec 2024
Eanes West UnitMontague County, TX191 BBLs0 MCFNov 2024
Gray UnitMontague County, TX197 BBLs5,474 MCFDec 2024
GregoryMontague County, TX14 BBLs7,131 MCFDec 2024
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
MayfieldMontague County, TX0 BBLs0 MCFOct 2024
OrtonClay County, TX95 BBLs3,612 MCFNov 2024
PattersonClay County, TX47 BBLs0 MCFDec 2024
Rockhill Ranch UnitMontague County, TX77 BBLs5,787 MCFNov 2024
StarnesClay County, TX44 BBLs0 MCFDec 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.

Frac'ing activity on Gilbert Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-337-35494Gilbert Unit 3H
42-337-35495Gilbert Unit 2H
42-337-35496Gilbert Unit 1H

Oil & Gas Sales on Gilbert Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
09-34285GILBERT UNITSep 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITAug 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
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