Driver Gas Unit

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Driver Gas Unit

CountyRusk County, TX
OperatorMERIT ENERGY COMPANY
Production DatesJan 1993 - Jan 2025
Total Oil Production10,994 BBLs
Total Gas Production3,458,318 MCF
Recent Oil Production4 BBLs in Dec 2024
Recent Gas Production3,995 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Driver Gas Unit

ShaleAssessment

$13,200 *

MarketMultiple

$11,004 **

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

Based on a decimal interest

Driver 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 Driver Gas Unit
from Jan 1993 to Jan 2025

Wells on Driver Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-32230DRIVER GAS UNIT 1MERIT ENERGY COMPANYProducingRusk County, TX32.345438-94.578980
42-401-33084DRIVER GAS UNIT 2MERIT ENERGY COMPANYProducingRusk County, TX32.340600-94.576356
42-401-33479DRIVER GAS UNIT 3MERIT ENERGY COMPANYTemp AbandonedRusk County, TX32.344161-94.575036

Leases included in Driver Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-130511DRIVER GAS UNIT 1MERIT ENERGY COMPANYRusk County, TX
06-184678DRIVER GAS UNIT 2MERIT ENERGY COMPANYRusk County, TX
06-212255DRIVER GAS UNIT 3MERIT ENERGY COMPANYRusk County, TX

Nearby Properties

These are the closest 20 properties to the Driver Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeallRusk County, TX0 BBLs3,606 MCFJan 2025
BufordGregg County, TX0 BBLs12,189 MCFJan 2025
Cherokee Water CompanyRusk County, TX0 BBLs7,044 MCFJan 2025
Christian C.ORusk County, TX82 BBLs4,552 MCFJan 2025
Garrett Collie Gas UnitRusk County, TX77 BBLs4,986 MCFJan 2025
Golden Gas UnitRusk County, TX26 BBLs7,967 MCFJan 2025
Holtzclaw Gas UnitRusk County, TX23 BBLs5,589 MCFJan 2025
Hutchings J. UnitRusk County, TX0 BBLs34,611 MCFJan 2025
Major Kennedy EstRusk County, TX0 BBLs43,972 MCFJan 2025
Menefee HeirsRusk County, TX0 BBLs417 MCFJan 2025
Minor A. Gas UnitRusk County, TX31 BBLs25,787 MCFJan 2025
Oak Hill Gas UnitRusk County, TX0 BBLs8,919 MCFJan 2025
Rosson-Ward Land CoRusk County, TX0 BBLs82 MCFJan 2025
SheltonRusk County, TX0 BBLs0 MCFAug 2024
Tatum Crane UnitRusk County, TX218 BBLs31 MCFJan 2025
Turlington M. PRusk County, TX10 BBLs6,783 MCFJan 2025
Vinson Gas UnitRusk County, TX3 BBLs1,323 MCFJan 2025
Warner EstateRusk County, TX18 BBLs9,096 MCFJan 2025
WilliamsonRusk County, TX0 BBLs8,190 MCFJan 2025
WrightRusk County, TX0 BBLs0 MCFAug 2024

Owners of Driver Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MERIT ENERGY COMPANYDRIVER B F GU (1)MERIT ENERGY COMPANY
2024RUSS HARVEY F & YUNG HUIDRIVER B F GU (1)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYDRIVER B F GU (3)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYDRIVER B F GU (2)MERIT ENERGY COMPANY
2024SPARKS GARY M SPECIAL TRUSTDRIVER B F GU (1)MERIT ENERGY COMPANY
2024UR OF AMERICA LTDDRIVER B F GU (1)MERIT ENERGY COMPANY
2024CARR WALTER L ESTATE TRUSTDRIVER B F GU (1)MERIT ENERGY COMPANY
2024COLE PHILLIP ADRIVER B F GU (1)MERIT ENERGY COMPANY
Displaying 8 of 67 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driver Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-130511DRIVER GAS UNIT 1Sep 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Sep 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Sep 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Sep 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Aug 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Aug 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Aug 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Aug 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Aug 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Jul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Jul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Jun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Jun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1May 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2May 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Apr 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Apr 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Apr 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC