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 - Nov 2024
Total Oil Production323 BBLs
Total Gas Production436,522 MCF
Recent Oil Production0 BBLs in Oct 2024
Recent Gas Production1,537 MCF in Oct 2024
Wells on Property2

Our Valuation Estimates for Lane Gas Unit

ShaleAssessment

$3,952 *

MarketMultiple

$2,378 **

* 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 Nov 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 NameOperatorCountyMonthly Gas Prod.
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, TX0 BBLs1,138 MCFNov 2024
CallowPanola County, TX189 BBLs22,561 MCFNov 2024
Cgu 3Panola County, TX20 BBLs4,923 MCFNov 2024
Daniel Z.L. Gas UnitPanola County, TX29 BBLs2,209 MCFNov 2024
Dearman J.W. Gas Unit 1Shelby County, TX34 BBLs0 MCFNov 2024
Deberry W.HPanola County, TX0 BBLs0 MCFMay 2024
Ingram JPanola County, TX19 BBLs4,957 MCFNov 2024
J.J. SmithPanola County, TX33 BBLs10,898 MCFNov 2024
KylePanola County, TX2 BBLs170 MCFNov 2024
Larcie Gu 1Shelby County, TX0 BBLs3,866 MCFNov 2024
MaudePanola County, TX29 BBLs16,919 MCFNov 2024
Ritter Unit 1Panola County, TX35 BBLs7,521 MCFNov 2024
Ritter-Daniel (Allocation) Unit 1HPanola County, TX2 BBLs6,250 MCFNov 2024
Ritter-Daniel UnitPanola County, TX80 BBLs11,251 MCFNov 2024
S. GaryPanola County, TX102 BBLs9,085 MCFNov 2024
Smith JPanola County, TX113 BBLs9,627 MCFNov 2024
Walton MaryPanola County, TX0 BBLs13 MCFNov 2024
Walton William H. GuPanola County, TX35 BBLs4,210 MCFNov 2024
Woods GuPanola County, TX201 BBLs9,801 MCFNov 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