Armstrong Iona Faye Gas Unit

Oil & Gas Property in Rusk County, TX

  2. Texas
  3. Rusk County, TX
  4. Oil & Gas Properties in Rusk County, TX
  5. Armstrong Iona Faye Gas Unit Oil & Gas Property

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Property Summary

Key data points for Armstrong Iona Faye Gas Unit

CountyRusk County, TX
OperatorMERIT ENERGY COMPANY
Production DatesJan 1993 - Jan 2025
Total Oil Production18,183 BBLs
Total Gas Production6,208,063 MCF
Recent Oil Production7 BBLs in Dec 2024
Recent Gas Production4,420 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Armstrong Iona Faye Gas Unit

ShaleAssessment™

$13,998 *

MarketMultiple™

$12,306 **

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

Based on a decimal interest

Armstrong Iona Faye 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 Armstrong Iona Faye Gas Unit
from Jan 1993 to Jan 2025

Wells on Armstrong Iona Faye Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-31409ARMSTRONG IONA FAYE GAS UNIT 1MERIT ENERGY COMPANYProducingRusk County, TX32.239167-94.845029
42-401-32222ARMSTRONG IONA FAYE GAS UNIT 2MERIT ENERGY COMPANYProducingRusk County, TX32.245605-94.842128
42-401-32580ARMSTRONG IONA FAYE GAS UNIT 3MERIT ENERGY COMPANYTemp AbandonedRusk County, TX32.236119-94.844842

Leases included in Armstrong Iona Faye Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-098601ARMSTRONG IONA FAYE GAS UNIT 1MERIT ENERGY COMPANYRusk County, TX
06-129273ARMSTRONG IONA FAYE GAS UNIT 2MERIT ENERGY COMPANYRusk County, TX
06-154931ARMSTRONG IONA FAYE GAS UNIT 3MERIT ENERGY COMPANYRusk County, TX

Nearby Properties

These are the closest 20 properties to the Armstrong Iona Faye Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A. E. Dean Gu 1 7HRusk County, TX289 BBLs14,329 MCFJan 2025
Alford B Gas UnitRusk County, TX23 BBLs1,846 MCFJan 2025
BeanRusk County, TX39 BBLs2,363 MCFDec 2024
Dean A. E. Gas Unit #1Rusk County, TX0 BBLs13,895 MCFJan 2025
DorseyRusk County, TX0 BBLs4,652 MCFJan 2025
Ellis EstateRusk County, TX1 BBLs3,515 MCFJan 2025
Henderson ERusk County, TX3 BBLs11,343 MCFJan 2025
HowardRusk County, TX177 BBLs8,795 MCFJan 2025
Hubbard Gas Unit #1Rusk County, TX0 BBLs3,585 MCFJan 2025
Jackson Fred BRusk County, TX0 BBLs3,770 MCFJan 2025
Jones A.G. EstateRusk County, TX0 BBLs0 MCFMay 2019
Laird S.S. Gas UnitRusk County, TX33 BBLs5,199 MCFJan 2025
Miller FreemanRusk County, TX3 BBLs1,704 MCFJan 2025
Pool VernonRusk County, TX0 BBLs4,781 MCFJan 2025
Rogers Billy NealRusk County, TX35 BBLs4,575 MCFJan 2025
Wolfe A.SRusk County, TX23 BBLs6,316 MCFJan 2025
Wright J.T. Gas Unit #1Rusk County, TX35 BBLs4,311 MCFJan 2025
Wylie Gas UnitRusk County, TX13 BBLs1,346 MCFJan 2025
YandleRusk County, TX138 BBLs2,611 MCFJan 2025
Yandle Estate Gas UnitRusk County, TX24 BBLs4,607 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Armstrong Iona Faye Gas Unit property.

Company Name
Amplify Energy Operating LLC
Arena Resources LLC
Buffco Production, Inc.
Craton Operating LLC
Diversified Production LLC
Faulconer Energy, LLC
Fina Oil And Chemical Company
Graward Operating, Inc.
Hinton Production Company
Key Production Company, Inc.
Linder, John Operating Co., LLC
Merit Energy Company
Mustang Drilling, Inc.
Mustang Drilling, LTD.
Schlachter, David A.
TGNR East Texas LLC
TGNR Gulf Coast LLC
Union Pacific Resources Co.
Wilson Resources, Inc.
XTO Energy Inc.

Owners of Armstrong Iona Faye Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MERIT ENERGY COMPANYARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2024MOORE DARLENE ESTATEARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2024MOORE DARLENE ESTATEARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYARMSTRONG IONA FAYE GU (3)MERIT ENERGY COMPANY
2024VENABLE ROYALTY LTDARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2024VENABLE ROYALTY LTDARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2024CADDO MINERALS LPARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
Displaying 8 of 139 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Armstrong Iona Faye Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Sep 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Sep 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Sep 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Sep 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Aug 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Aug 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Aug 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Aug 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Aug 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Aug 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1May 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2May 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Apr 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC