Gilliam Unit

Oil & Gas Property in Rusk County, TX

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

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Property Summary

Key data points for Gilliam Unit

CountyRusk County, TX
OperatorFAULCONER ENERGY, LLC
Production DatesJan 1993 - Jan 2025
Total Oil Production5,792 BBLs
Total Gas Production6,084,222 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production2,987 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for Gilliam Unit

ShaleAssessment™

$18,638 *

MarketMultiple™

$8,554 **

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

Based on a decimal interest

Gilliam Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gilliam Unit
from Jan 1993 to Jan 2025

Wells on Gilliam Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-30704GILLIAM UNIT 1FAULCONER ENERGY, LLCProducingRusk County, TX32.324714-94.644812
42-401-32489GILLIAM UNIT 2FAULCONER ENERGY, LLCProducingRusk County, TX32.323625-94.638269
42-401-33148GILLIAM UNIT 3FAULCONER ENERGY, LLCProducingRusk County, TX32.322612-94.642999
42-401-33751GILLIAM UNIT 4FAULCONER ENERGY, LLCProducingRusk County, TX32.326330-94.641421

Leases included in Gilliam Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-078595GILLIAM UNIT 1FAULCONER ENERGY, LLCRusk County, TX
06-149084GILLIAM UNIT 2FAULCONER ENERGY, LLCRusk County, TX
06-188399GILLIAM UNIT 3FAULCONER ENERGY, LLCRusk County, TX
06-234421GILLIAM UNIT 4FAULCONER ENERGY, LLCRusk County, TX

Nearby Properties

These are the closest 20 properties to the Gilliam Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bird G. W. EstRusk County, TX6 BBLs12,183 MCFJan 2025
Booth-FreemanRusk County, TX4 BBLs17,983 MCFJan 2025
CherokeeRusk County, TX0 BBLs7,022 MCFDec 2024
FreemanRusk County, TX0 BBLs7,628 MCFJan 2025
GladneyRusk County, TX33 BBLs10,363 MCFJan 2025
Gray Gas UnitRusk County, TX3 BBLs9,782 MCFJan 2025
Hinkle C.ARusk County, TX4 BBLs8,154 MCFJan 2025
Longhorn Gas UnitRusk County, TX4 BBLs10,038 MCFJan 2025
Minor A. Gas UnitRusk County, TX31 BBLs25,787 MCFJan 2025
Paul Gas UnitRusk County, TX2 BBLs11,146 MCFJan 2025
Pepper J. RRusk County, TX0 BBLs5,422 MCFJan 2025
Raider Gas UnitRusk County, TX7 BBLs15,532 MCFJan 2025
Rogers Gas UnitRusk County, TX7 BBLs14,889 MCFJan 2025
SheltonRusk County, TX0 BBLs0 MCFAug 2024
Strong Gas UnitRusk County, TX1 BBLs9,742 MCFJan 2025
Terrell Gas UnitRusk County, TX1 BBLs8,341 MCFJan 2025
Thornton Emma Gas UnitRusk County, TX9 BBLs16,273 MCFJan 2025
Vinson Gas UnitRusk County, TX2 BBLs17,805 MCFJan 2025
Walters Gas UnitRusk County, TX0 BBLs8,000 MCFJan 2025
WilliamsonRusk County, TX9 BBLs9,833 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Gilliam Unit property.

Company Name
BP America Production Company
Chisos, LTD
Comstock Oil & Gas, LLC
Craton Operating LLC
Energen Resources Corporation
Faulconer Energy, LLC
Glade Production
Heritage Energy Corporation
Highmark Energy Operating, LLC
Merit Energy Company
National Energy Group, Inc.
New Horizon Resources LLC
Nuevo Energy Company
Petro-Hunt, L.L.C.
Samson Lone Star LP
Samson Lone Star, LLC
Sydri Operating, LLC
TGNR East Texas II LLC
Torch Operating Company
Verado Energy, Inc.

Owners of Gilliam Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FAULCONER ENERGY LLC (WI)GILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2024FAULCONER ENERGY LLC (WI)GILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2024FAULCONER ENERGY LLC (WI)GILLIAM GU (3)FAULCONER ENERGY LLC
2024FAULCONER ENERGY LLC (WI)GILLIAM GU (4)FAULCONER ENERGY LLC
2024ZAPATA FAMILY HOLDINGS TRUSTGILLIAM GU (4)FAULCONER ENERGY LLC
2024ZAPATA FAMILY HOLDINGS TRUSTGILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2024ZAPATA FAMILY HOLDINGS TRUSTGILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2024HAYMAKER HOLDING COMPANY LLCGILLIAM GU (4)FAULCONER ENERGY LLC
Displaying 8 of 153 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gilliam Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-078595GILLIAM UNIT 1Sep 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Sep 2024FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Sep 2024FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Sep 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Aug 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Aug 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Aug 2024FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Aug 2024FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Jul 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Jul 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Jul 2024FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Jul 2024FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Jun 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Jun 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Jun 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Jun 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Jun 2024FAULCONER ENERGY, LLC