Reed Estate

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed Estate

CountyPanola County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production117,331 BBLs
Total Gas Production8,715,977 MCF
Recent Oil Production313 BBLs in Jul 2024
Recent Gas Production22,478 MCF in Jul 2024
Wells on Property11

Our Valuation Estimates for Reed Estate

ShaleAssessment

$60,543 *

MarketMultiple

$139,799 **

* 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 Aug 2024

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
BeckhamPanola County, TX698 BBLs66,312 MCFAug 2024
Bill Powers APanola County, TX44 BBLs2,710 MCFAug 2024
Cgu 3Panola County, TX0 BBLs47,609 MCFAug 2024
Davis S.L. Gas UnitPanola County, TX42 BBLs2,986 MCFAug 2024
Gleason 1HPanola County, TX102 BBLs27,521 MCFAug 2024
GreenePanola County, TX20 BBLs482 MCFAug 2024
Harrell JPanola County, TX34 BBLs21,014 MCFAug 2024
HarrisPanola County, TX139 BBLs4,960 MCFAug 2024
Harris-Hardin UnitPanola County, TX0 BBLs565 MCFAug 2024
Holland Gas Unit No. 1Panola County, TX15 BBLs1,938 MCFAug 2024
MauritzenPanola County, TX320 BBLs26,621 MCFAug 2024
Powers BillPanola County, TX87 BBLs8,649 MCFAug 2024
ReedPanola County, TX0 BBLs5,876 MCFAug 2024
Reed A. JPanola County, TX12 BBLs636 MCFAug 2024
Reed W.M. Gas UnitPanola County, TX69 BBLs12,509 MCFAug 2024
Robinson M. EPanola County, TX0 BBLs3,618 MCFAug 2024
S. W. Wilcots Gas UnitPanola County, TX14 BBLs7,371 MCFAug 2024
SmithPanola County, TX30 BBLs3,179 MCFAug 2024
West ClaytonPanola County, TX8 BBLs1,587 MCFAug 2024
Wilcots S.WPanola County, TX0 BBLs6,100 MCFAug 2024

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 3Jul 2024RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Jul 2024RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Jul 2024RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Jul 2024RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HJul 2024RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Jul 2024RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Jul 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-292408REED ESTATE UNIT 16Jul 2024RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Jul 2024RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Jul 2024RFE ETX III, LLC
06-091209REED ESTATE UNIT 1Jun 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-222602REED ESTATE UNIT 3Jun 2024RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Jun 2024RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Jun 2024RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Jun 2024RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HJun 2024RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Jun 2024RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Jun 2024RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Jun 2024RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Jun 2024RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Jun 2024RFE ETX III, LLC
06-091209REED ESTATE UNIT 1May 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-222602REED ESTATE UNIT 3May 2024RFE ETX III, LLC
06-224408REED ESTATE UNIT 4May 2024RFE ETX III, LLC
06-226141REED ESTATE UNIT 5May 2024RFE ETX III, LLC