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 - Jan 2025
Total Oil Production51,246 BBLs
Total Gas Production496,564 MCF
Recent Oil Production2,296 BBLs in Dec 2024
Recent Gas Production74,881 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment™

Not Available

MarketMultiple™

$992,688 **

* 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 Jan 2025

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, TX77 BBLs859 MCFJan 2025
BoedeckerMontague County, TX0 BBLs1,537 MCFJan 2025
BoedekerMontague County, TX79 BBLs11,884 MCFJan 2025
BriteMontague County, TX0 BBLs70 MCFJan 2025
CantwellMontague County, TX0 BBLs568 MCFDec 2024
ChildressClay County, TX191 BBLs0 MCFJan 2025
ClarkMontague County, TX122 BBLs605 MCFJan 2025
DensonClay County, TX2,812 BBLs66,796 MCFJan 2025
Eanes N. W. Miss UnitMontague County, TX63 BBLs218 MCFDec 2024
Eanes North UnitMontague County, TX111 BBLs0 MCFJan 2025
Eanes West UnitMontague County, TX241 BBLs44 MCFDec 2024
Gray UnitMontague County, TX203 BBLs4,957 MCFJan 2025
GregoryMontague County, TX5 BBLs5,827 MCFJan 2025
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
Lawler UnitMontague County, TX114 BBLs3,951 MCFJan 2025
MayfieldMontague County, TX0 BBLs0 MCFJan 2025
OrtonClay County, TX66 BBLs5,343 MCFJan 2025
PattersonClay County, TX81 BBLs0 MCFJan 2025
StarnesClay County, TX48 BBLs0 MCFJan 2025

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.
Jay Management Company LLC
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

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