Lane Gas Unit

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Lane Gas Unit

CountyShelby County, TX
OperatorM. E. OPERATING & SERVICES, INC.
Production DatesOct 2010 - Sep 2024
Total Oil Production323 BBLs
Total Gas Production433,872 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Lane Gas Unit

ShaleAssessment

$4,067 *

MarketMultiple

$2,131 **

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

Based on a decimal interest

Lane 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 Lane Gas Unit
from Oct 2010 to Sep 2024

Wells on Lane Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-31345LANE GAS UNIT 1HM. E. OPERATING & SERVICES, INC.ProducingShelby County, TX31.951488-94.286231
42-419-31512LANE GAS UNIT 2M. E. OPERATING & SERVICES, INC.ProducingShelby County, TX31.957529-94.289198

Leases included in Lane Gas Unit

Lease #Lease NameOperatorCounty
06-254296LANE GAS UNIT 1HM. E. OPERATING & SERVICES, INC.Shelby County, TX
06-259747LANE GAS UNIT 2M. E. OPERATING & SERVICES, INC.Shelby County, TX
06-283648LANE GAS UNIT 1HM. E. OPERATING & SERVICES, INC.Shelby County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anderson PartnershipShelby County, TX0 BBLs0 MCFJan 2019
BrannonPanola County, TX5 BBLs970 MCFSep 2024
CallowPanola County, TX116 BBLs23,254 MCFSep 2024
Cgu 3Panola County, TX3 BBLs3,790 MCFSep 2024
Daniel Z.L. Gas UnitPanola County, TX37 BBLs4,818 MCFSep 2024
Dearman,J.W. Gas Unit 1Shelby County, TX60 BBLs0 MCFSep 2024
Deberry W.HPanola County, TX0 BBLs0 MCFMay 2024
Ingram JPanola County, TX3 BBLs4,703 MCFSep 2024
J.J. SmithPanola County, TX35 BBLs10,707 MCFSep 2024
KylePanola County, TX1 BBLs188 MCFSep 2024
Larcie Gu 1Shelby County, TX0 BBLs5,580 MCFSep 2024
Marshall HomerPanola County, TX35 BBLs1,450 MCFSep 2024
MaudePanola County, TX15 BBLs18,265 MCFSep 2024
Ritter Unit 1Panola County, TX34 BBLs7,431 MCFSep 2024
Ritter-Daniel UnitPanola County, TX82 BBLs14,344 MCFSep 2024
S. GaryPanola County, TX68 BBLs9,427 MCFSep 2024
Smith JPanola County, TX109 BBLs9,464 MCFSep 2024
Walton MaryPanola County, TX0 BBLs39 MCFSep 2024
Walton William H. GuPanola County, TX125 BBLs3,560 MCFSep 2024
Woods GuPanola County, TX228 BBLs9,971 MCFSep 2024

Owners of Lane Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024M E OPERATING & SERVICES INCLANE GAS UNIT #1HM E OPERATING
2024M E OPERATING & SERVICES INCLANE GAS UNIT #2M E OPERATING
2024M E OPERATING & SERVICES INCLANE GAS UNIT #2M E OPERATING

Oil & Gas Sales on Lane Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-283648LANE GAS UNIT 1HSep 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Sep 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jul 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jun 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HMay 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2May 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Apr 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HMar 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Mar 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Feb 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jan 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Dec 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HNov 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Nov 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HOct 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Oct 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HSep 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Sep 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HAug 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Aug 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jul 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HJul 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jun 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HJun 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2May 2023M. E. OPERATING AND SERVICES, INCORPORATED