Reed Unit

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Reed Unit

CountyShelby County, TX
OperatorSHERIDAN PRODUCTION CO III, LLC
Production DatesApr 2002 - Sep 2024
Total Oil Production22,107 BBLs
Total Gas Production1,547,546 MCF
Recent Oil Production104 BBLs in Sep 2024
Recent Gas Production2,899 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment

$7,147 *

MarketMultiple

$30,043 **

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

Based on a decimal interest

Reed Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed Unit
from Apr 2002 to Sep 2024

Wells on Reed Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-30821REED UNIT 1SHERIDAN PRODUCTION CO III, LLCProducingShelby County, TX31.768490-94.362808
42-419-31134REED UNIT 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedShelby County, TX31.770030-94.355001

Leases included in Reed Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-188712REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-221962REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-236557REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-265530REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
AdamsShelby County, TX21 BBLs9,167 MCFSep 2024
ArcoShelby County, TX293 BBLs0 MCFSep 2024
BP Ethridge 971Shelby County, TX0 BBLs845 MCFOct 2024
BP Georgetown 885Shelby County, TX0 BBLs3,513 MCFOct 2024
Carlton Gas UnitShelby County, TX0 BBLs12 MCFSep 2024
CaseShelby County, TX0 BBLs1,989 MCFSep 2024
CrawfordShelby County, TX11 BBLs2,075 MCFSep 2024
Franks EstateShelby County, TX30 BBLs8,767 MCFSep 2024
Franks Lawrence TShelby County, TX16 BBLs2,342 MCFSep 2024
GriffinShelby County, TX75 BBLs8,294 MCFOct 2024
HancockShelby County, TX0 BBLs0 MCFJul 2020
Howard AShelby County, TX26 BBLs1,509 MCFSep 2024
JonesShelby County, TX241 BBLs10,080 MCFSep 2024
Oliver UnitShelby County, TX54 BBLs12,122 MCFSep 2024
PateShelby County, TX0 BBLs0 MCFAug 2024
PolleyShelby County, TX0 BBLs278 MCFSep 2024
Ramsey UnitShelby County, TX8 BBLs6,329 MCFSep 2024
SamfordShelby County, TX0 BBLs2,036 MCFOct 2024
Sickel 1Shelby County, TX0 BBLs0 MCFDec 2017
Thomas Gas UnitShelby County, TX0 BBLs245 MCFOct 2024

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SHERIDAN PRODUCTION CO III LLCREED #2SHERIDAN PROD COMP
2024KAISER-FRANCIS OIL COREED #2SHERIDAN PROD COMP
2024SHERIDAN PRODUCTION CO III LLCREED #1SHERIDAN PROD COMP
2024KAISER-FRANCIS OIL COREED #1SHERIDAN PROD COMP
2024GRANT NEIL & JACKIEREED #2SHERIDAN PROD COMP
2024DESERT PARTNERS IV LPREED #2SHERIDAN PROD COMP
2024WILLIAMS FRANCES LREED #2SHERIDAN PROD COMP
2024GRANT NEIL & JACKIEREED #1SHERIDAN PROD COMP
Displaying 8 of 161 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-188712REED UNIT 1Sep 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Sep 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Sep 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Sep 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Aug 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Aug 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Aug 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Aug 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jul 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jul 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jul 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jul 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jun 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jun 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jun 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jun 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1May 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1May 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2May 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2May 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Apr 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Apr 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Apr 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Apr 2024SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Mar 2024EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC