Reed

Oil & Gas Property in Ochiltree County, TX

Property Summary

Key data points for Reed

CountyOchiltree County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production2,793 BBLs
Total Gas Production3,102,579 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production900 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Reed

ShaleAssessment

$2,270 *

MarketMultiple

$1,754 **

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

Based on a decimal interest

Reed Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed
from Jan 1993 to Aug 2024

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-357-30171REED 1LATIGO PETROLEUM, LLCTemp AbandonedOchiltree County, TX36.070639-101.050834
42-357-30778REED NO. 2 2COTTON PETROLEUM CORP.Plugged Gas WellOchiltree County, TX36.070202-101.041582
42-357-32126REED 3LATIGO PETROLEUM, LLCProducingOchiltree County, TX36.073453-101.051321

Leases included in Reed

Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-057318REED 1LATIGO PETROLEUM, LLCOchiltree County, TX
10-075710REED NO. 2 2BP AMERICA PRODUCTION COMPANYOchiltree County, TX
10-159585REED 3LATIGO PETROLEUM, LLCOchiltree County, TX

Operators Associated With Reed

Nearby Properties

These are the closest 20 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Austin UnitOchiltree County, TX63 BBLs2,406 MCFAug 2024
BagleyOchiltree County, TX570 BBLs6,594 MCFAug 2024
Beck Unit BOchiltree County, TX0 BBLs2,633 MCFAug 2024
Black Stone 1Ochiltree County, TX380 BBLs6,588 MCFAug 2024
BlodgettOchiltree County, TX79 BBLs1,018 MCFAug 2024
BrunsteterOchiltree County, TX54 BBLs2,612 MCFAug 2024
ButtOchiltree County, TX242 BBLs4,066 MCFAug 2024
ConverseHansford County, TX0 BBLs0 MCFMar 2024
Courson RanchRoberts County, TX0 BBLs1,417 MCFAug 2024
Deck 18Ochiltree County, TX0 BBLs0 MCFMay 2019
EtterOchiltree County, TX8 BBLs2,995 MCFAug 2024
Jarvis 30Ochiltree County, TX136 BBLs5,642 MCFAug 2024
Jarvis RaymondOchiltree County, TX114 BBLs2,458 MCFAug 2024
Knox-PipkinOchiltree County, TX0 BBLs578 MCFAug 2024
McIntireRoberts County, TX0 BBLs1,005 MCFAug 2024
NitschkeOchiltree County, TX206 BBLs16,754 MCFAug 2024
PearsonOchiltree County, TX786 BBLs8,392 MCFAug 2024
Pipkin KnoxOchiltree County, TX123 BBLs2,366 MCFAug 2024
Reed EleanorOchiltree County, TX4 BBLs4,546 MCFAug 2024
WoodruffOchiltree County, TX244 BBLs4,895 MCFAug 2024

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LATIGO PETROLEUM LLCREED #3LATIGO PETROLEUM LLC
2024LATIGO PETROLEUM LLCREED #1LATIGO PETROLEUM LLC
2024REED A D JRREED #3LATIGO PETROLEUM LLC
2024RALSTON FAMILY TRUSTREED #3LATIGO PETROLEUM LLC
2024RALSTON CECIL E TRUSTREED #3LATIGO PETROLEUM LLC

Oil & Gas Sales on Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-159585REED 3Jul 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Jun 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3May 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Apr 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Mar 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Feb 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Jan 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Dec 2023ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Nov 2023ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Oct 2023ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Sep 2023ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-159585REED 3Aug 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Jul 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Jun 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3May 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Apr 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Mar 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Feb 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Jan 2023ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Dec 2022ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Nov 2022ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Oct 2022ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Sep 2022ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Aug 2022ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC
10-159585REED 3Jul 2022ETC TEXAS PIPELINE, LTD.LATIGO PETROLEUM, LLC