Reed W.M. Gas Unit

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed W.M. Gas Unit

CountyPanola County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production154,851 BBLs
Total Gas Production9,218,071 MCF
Recent Oil Production105 BBLs in Nov 2024
Recent Gas Production9,912 MCF in Nov 2024
Wells on Property8

Our Valuation Estimates for Reed W.M. Gas Unit

ShaleAssessment

$45,739 *

MarketMultiple

$40,668 **

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

Based on a decimal interest

Reed W.M. Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed W.M. Gas Unit
from Jan 1993 to Dec 2024

Wells on Reed W.M. Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-31241REED W. M. GAS UNIT 2MMGL EAST TEXAS III, LLCProducingPanola County, TX32.120740-94.470539
42-365-31679REED W. M. GAS UNIT 3MMGL EAST TEXAS III, LLCProducingPanola County, TX32.117522-94.470765
42-365-32003REED W.M. GAS UNIT 4MMGL EAST TEXAS III, LLCProducingPanola County, TX32.119025-94.465944
42-365-32004REED W.M. GAS UNIT 5MMGL EAST TEXAS III, LLCProducingPanola County, TX32.126173-94.466544
42-365-32245REED W.M. GAS UNIT 7MMGL EAST TEXAS III, LLCSWR-10-WellPanola County, TX32.115955-94.472616
42-365-32334REED W.M. GAS UNIT 6MMGL EAST TEXAS III, LLCProducingPanola County, TX32.128439-94.478678
42-365-33708REED W.M. GAS UNIT 8MMGL EAST TEXAS III, LLCProducingPanola County, TX32.119243-94.472004
42-365-35453REED. W.M. GAS UNIT 9MMGL EAST TEXAS III, LLCProducingPanola County, TX32.122968-94.464791

Leases included in Reed W.M. Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-095987REED W. M. GAS UNIT 2MMGL EAST TEXAS III, LLCPanola County, TX
06-114671REED W. M. GAS UNIT 3MMGL EAST TEXAS III, LLCPanola County, TX
06-130628REED W.M. GAS UNIT 5MMGL EAST TEXAS III, LLCPanola County, TX
06-130874REED W.M. GAS UNIT 4BP AMERICA PRODUCTION COMPANYPanola County, TX
06-136850REED W.M. GAS UNIT 7MMGL EAST TEXAS III, LLCPanola County, TX
06-139407REED W.M. GAS UNIT 6MMGL EAST TEXAS III, LLCPanola County, TX
06-165604REED W.M. GAS UNIT 8MMGL EAST TEXAS III, LLCPanola County, TX
06-171241REED W.M. GAS UNIT 7MMGL EAST TEXAS III, LLCPanola County, TX
06-213558REED. W.M. GAS UNIT 9MMGL EAST TEXAS III, LLCPanola County, TX
06-225221REED W.M. GAS UNIT 4MMGL EAST TEXAS III, LLCPanola County, TX

Operators Associated With Reed W.M. Gas Unit

Nearby Properties

These are the closest 20 properties to the Reed W.M. Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bill Powers APanola County, TX33 BBLs861 MCFDec 2024
Cgu 3Panola County, TX0 BBLs46,067 MCFDec 2024
CopelandPanola County, TX192 BBLs5,359 MCFDec 2024
Gleason 1HPanola County, TX137 BBLs36,545 MCFDec 2024
Harrell JPanola County, TX39 BBLs18,030 MCFDec 2024
Harris-Hardin UnitPanola County, TX12 BBLs524 MCFDec 2024
Harrison R. Gas UnitPanola County, TX107 BBLs5,593 MCFDec 2024
Hopper NoPanola County, TX0 BBLs0 MCFNov 2016
Jeanette Harrell UnitPanola County, TX0 BBLs5,404 MCFDec 2024
KangarooPanola County, TX20 BBLs30,551 MCFDec 2024
MauritzenPanola County, TX424 BBLs23,533 MCFDec 2024
Powers BillPanola County, TX107 BBLs7,816 MCFDec 2024
ReedPanola County, TX0 BBLs6,221 MCFDec 2024
Reed A. JPanola County, TX0 BBLs0 MCFDec 2024
Reed EstatePanola County, TX214 BBLs13,981 MCFDec 2024
Robinson M. EPanola County, TX0 BBLs0 MCFDec 2024
S. W. Wilcots Gas UnitPanola County, TX0 BBLs6,866 MCFDec 2024
WedgeworthPanola County, TX134 BBLs7,001 MCFDec 2024
West ClaytonPanola County, TX27 BBLs1,525 MCFDec 2024
Wilcots S.WPanola County, TX0 BBLs3,538 MCFDec 2024

Owners of Reed W.M. Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2024BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2024BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2024BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2024BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2024BPX OPERATING COMPANYREED W M GAS UNIT #9BPX OPERATING CO
2024REED ROYALTY TRUSTREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2024REED ROYALTY TRUSTREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
Displaying 8 of 714 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed W.M. Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-095987REED W. M. GAS UNIT 2Sep 2024BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Sep 2024BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Sep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Sep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Sep 2024BPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Sep 2024BPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Sep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Sep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Sep 2024BPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Sep 2024BPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Sep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Sep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Sep 2024BPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Sep 2024BPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Sep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Sep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-165604REED W.M. GAS UNIT 8Sep 2024BPX OPERATING COMPANY
06-165604REED W.M. GAS UNIT 8Sep 2024BPX OPERATING COMPANY
06-165604REED W.M. GAS UNIT 8Sep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-165604REED W.M. GAS UNIT 8Sep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Sep 2024BPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Sep 2024BPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Sep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Sep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Aug 2024BPX OPERATING COMPANY