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 - Aug 2024
Total Oil Production10,984 BBLs
Total Gas Production3,438,148 MCF
Recent Oil Production2 BBLs in Jul 2024
Recent Gas Production4,088 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Driver Gas Unit

ShaleAssessment

$13,943 *

MarketMultiple

$10,136 **

* 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 Aug 2024

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, TX4 BBLs1,118 MCFAug 2024
Cherokee Water CompanyRusk County, TX0 BBLs9,583 MCFAug 2024
Christian C.ORusk County, TX0 BBLs4,596 MCFAug 2024
Garrett Collie Gas UnitRusk County, TX34 BBLs3,767 MCFAug 2024
Golden Gas UnitRusk County, TX14 BBLs8,049 MCFAug 2024
Holtzclaw Gas UnitRusk County, TX12 BBLs5,796 MCFAug 2024
Hurst-Faulk Gas Unit #1Rusk County, TX0 BBLs0 MCFDec 2023
Hutchings J. UnitRusk County, TX0 BBLs34,555 MCFAug 2024
Major Kennedy EstRusk County, TX0 BBLs50,902 MCFAug 2024
Menefee HeirsRusk County, TX0 BBLs442 MCFAug 2024
Minor A. Gas UnitRusk County, TX77 BBLs26,584 MCFAug 2024
Oak Hill Gas UnitRusk County, TX36 BBLs7,116 MCFAug 2024
Rosson-Ward Land CoRusk County, TX0 BBLs246 MCFAug 2024
SheltonRusk County, TX0 BBLs770 MCFAug 2024
Tatum Crane UnitRusk County, TX213 BBLs31 MCFAug 2024
Turlington M. PRusk County, TX1 BBLs5,893 MCFAug 2024
Vinson Gas UnitRusk County, TX1 BBLs1,816 MCFAug 2024
Warner EstateRusk County, TX1 BBLs10,625 MCFAug 2024
WilliamsonRusk County, TX0 BBLs397 MCFJul 2024
WrightRusk County, TX0 BBLs0 MCFApr 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 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
06-184678DRIVER GAS UNIT 2Apr 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Mar 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Mar 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Mar 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Mar 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-184678DRIVER GAS UNIT 2Mar 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Feb 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Feb 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-130511DRIVER GAS UNIT 1Feb 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC