Reed Estate

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed Estate

CountyPanola County, TX
Production DatesJan 1993 - Jan 2025
Total Oil Production118,614 BBLs
Total Gas Production8,781,260 MCF
Recent Oil Production250 BBLs in Dec 2024
Recent Gas Production14,644 MCF in Dec 2024
Wells on Property11

Our Valuation Estimates for Reed Estate

ShaleAssessment

$56,967 *

MarketMultiple

$93,782 **

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

Based on a decimal interest

Reed Estate Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Reed Estate
from Jan 1993 to Jan 2025

Wells on Reed Estate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-31125REED ESTATE UNIT 1RFE OPERATING, LLCProducingPanola County, TX32.117230-94.483036
42-365-31726REED ESTATE UNIT 2RFE OPERATING, LLCProducingPanola County, TX32.117619-94.493904
42-365-35771REED ESTATE UNIT 3RFE OPERATING, LLCProducingPanola County, TX32.118325-94.480288
42-365-36364REED ESTATE UNIT 4RFE OPERATING, LLCProducingPanola County, TX32.114210-94.487015
42-365-36365REED ESTATE UNIT 5RFE OPERATING, LLCProducingPanola County, TX32.114367-94.478474
42-365-36371REED ESTATE UNIT 6RFE OPERATING, LLCProducingPanola County, TX32.113004-94.493704
42-365-36786REED ESTATE GAS UNIT 9CHESAPEAKE OPERATING, INC.Sidetrack Well Surface LocationPanola County, TX32.118163-94.502803
42-365-36795REED ESTATE UNIT 7RFE OPERATING, LLCProducingPanola County, TX32.113424-94.493947
42-365-36823REED ESTATE GAS UNIT 8RFE OPERATING, LLCProducingPanola County, TX32.117927-94.502842
42-365-36825REED ESTATE UNIT 16RFE OPERATING, LLCProducingPanola County, TX32.117874-94.502888
42-365-37625REED ESTATE UNIT 17HRFE OPERATING, LLCProducingPanola County, TX32.122852-94.488204

Leases included in Reed Estate

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-091209REED ESTATE UNIT 1RFE OPERATING, LLCPanola County, TX
06-117004REED ESTATE UNIT 2RFE OPERATING, LLCPanola County, TX
06-14078REED ESTATE UNITINDIGO MINERALS LLCPanola County, TX
06-222602REED ESTATE UNIT 3RFE OPERATING, LLCPanola County, TX
06-224408REED ESTATE UNIT 4RFE OPERATING, LLCPanola County, TX
06-226141REED ESTATE UNIT 5RFE OPERATING, LLCPanola County, TX
06-228394REED ESTATE UNIT 6RFE OPERATING, LLCPanola County, TX
06-232925REED ESTATE UNIT 7SLANT OPERATING, LLCPanola County, TX
06-242127REED ESTATE GAS UNIT 8SLANT OPERATING, LLCPanola County, TX
06-242131REED ESTATE UNIT 16SLANT OPERATING, LLCPanola County, TX
06-260679REED ESTATE UNIT 17HRFE OPERATING, LLCPanola County, TX
06-278038REED ESTATE UNIT 2RFE OPERATING, LLCPanola County, TX
06-291178REED ESTATE UNIT 7RFE OPERATING, LLCPanola County, TX
06-292408REED ESTATE UNIT 16RFE OPERATING, LLCPanola County, TX
06-292474REED ESTATE GAS UNIT 8RFE OPERATING, LLCPanola County, TX
06-292576REED ESTATE UNIT 1RFE OPERATING, LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Reed Estate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bill Powers APanola County, TX32 BBLs753 MCFJan 2025
Cgu 3Panola County, TX0 BBLs49,294 MCFJan 2025
Davis S.L. Gas UnitPanola County, TX30 BBLs1,456 MCFJan 2025
Gleason 1HPanola County, TX220 BBLs35,042 MCFJan 2025
GreenePanola County, TX14 BBLs532 MCFJan 2025
Harrell JPanola County, TX53 BBLs17,493 MCFJan 2025
HarrisPanola County, TX6 BBLs5,904 MCFJan 2025
Harris-Hardin UnitPanola County, TX0 BBLs335 MCFJan 2025
Holland Gas Unit No. 1Panola County, TX14 BBLs1,944 MCFJan 2025
Jeanette Harrell UnitPanola County, TX0 BBLs5,041 MCFJan 2025
MauritzenPanola County, TX609 BBLs23,410 MCFJan 2025
Powers BillPanola County, TX270 BBLs7,848 MCFJan 2025
ReedPanola County, TX0 BBLs4,553 MCFJan 2025
Reed A. JPanola County, TX0 BBLs536 MCFDec 2024
Reed W.M. Gas UnitPanola County, TX82 BBLs10,681 MCFJan 2025
Robinson M. EPanola County, TX4 BBLs2,251 MCFJan 2025
S. W. Wilcots Gas UnitPanola County, TX40 BBLs7,117 MCFJan 2025
SmithPanola County, TX31 BBLs2,425 MCFJan 2025
West ClaytonPanola County, TX12 BBLs3,666 MCFJan 2025
Wilcots S.WPanola County, TX0 BBLs4,991 MCFJan 2025

Frac'ing activity on Reed Estate

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-365-31125Reed #1
42-365-36795Reed #7
42-365-36823Reed #8
42-365-36825Reed #16

Owners of Reed Estate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RFE OPERATING LLCREED ESTATE UNIT #8RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #1RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #17HRFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #5RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #16RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #3RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #4RFE OPERATING LLC
2024TGNR EAST TEXAS LLC (MIN-RI/ORREED ESTATE UNIT #8RFE OPERATING LLC
Displaying 8 of 1420 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Estate

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-222602REED ESTATE UNIT 3Sep 2024RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Sep 2024RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Sep 2024RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Sep 2024RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HSep 2024RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Sep 2024RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Sep 2024RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Sep 2024RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Sep 2024RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Sep 2024RFE ETX III, LLC
06-091209REED ESTATE UNIT 1Aug 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-222602REED ESTATE UNIT 3Aug 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-222602REED ESTATE UNIT 3Aug 2024RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Aug 2024RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Aug 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-226141REED ESTATE UNIT 5Aug 2024RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Aug 2024RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HAug 2024RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Aug 2024RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Aug 2024RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Aug 2024RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Aug 2024RFE ETX III, LLC
06-222602REED ESTATE UNIT 3Jul 2024RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Jul 2024RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Jul 2024RFE ETX III, LLC