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 - Jan 2025
Total Oil Production323 BBLs
Total Gas Production438,067 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production665 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Lane Gas Unit

ShaleAssessment

$3,847 *

MarketMultiple

$2,614 **

* 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 Jan 2025

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 BBLs1,012 MCFJan 2025
CallowPanola County, TX133 BBLs22,065 MCFJan 2025
Cgu 3Panola County, TX22 BBLs4,731 MCFJan 2025
Daniel Z.L. Gas UnitPanola County, TX24 BBLs1,054 MCFJan 2025
Dearman,J.W. Gas Unit 1Shelby County, TX58 BBLs0 MCFJan 2025
Deberry W.HPanola County, TX6 BBLs0 MCFJan 2025
Ingram JPanola County, TX6 BBLs2,007 MCFJan 2025
J.J. SmithPanola County, TX28 BBLs8,793 MCFJan 2025
KylePanola County, TX2 BBLs179 MCFJan 2025
Larcie Gu 1Shelby County, TX0 BBLs4,602 MCFJan 2025
MaudePanola County, TX143 BBLs17,171 MCFJan 2025
Ritter Unit 1Panola County, TX48 BBLs7,504 MCFJan 2025
Ritter-Daniel (Allocation) Unit 1HPanola County, TX3 BBLs7,374 MCFJan 2025
Ritter-Daniel UnitPanola County, TX106 BBLs12,417 MCFJan 2025
S. GaryPanola County, TX82 BBLs9,758 MCFJan 2025
Smith JPanola County, TX131 BBLs8,865 MCFJan 2025
Walton MaryPanola County, TX0 BBLs39 MCFJan 2025
Walton William H. GuPanola County, TX44 BBLs3,277 MCFJan 2025
Woods GuPanola County, TX168 BBLs9,593 MCFJan 2025

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