Hanks Unit

Oil & Gas Property in Stephens County, TX

Property Summary

Key data points for Hanks Unit

CountyStephens County, TX
OperatorRIDGE OIL COMPANY
Production DatesJan 1993 - Aug 2024
Total Oil Production98,906 BBLs
Total Gas Production19 MCF
Recent Oil Production302 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Hanks Unit

ShaleAssessment

$6,670 *

MarketMultiple

$29,172 **

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

Based on a decimal interest

Hanks Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Hanks Unit
from Jan 1993 to Aug 2024

Wells on Hanks Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-429-34551HANKS UNIT 1RIDGE OIL COMPANYProducingStephens County, TX32.639480-98.833515

Leases included in Hanks Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
7B-23368HANKS UNITRIDGE OIL COMPANYStephens County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
AnjevanStephens County, TX341 BBLs1,191 MCFSep 2024
BloxomStephens County, TX63 BBLs492 MCFSep 2024
Bloxom-Head UnitStephens County, TX0 BBLs839 MCFSep 2024
Duggan-Harrell (Stephens County, TX0 BBLs84 MCFSep 2024
DuncanStephens County, TX0 BBLs61 MCFSep 2024
E.C. ThompsonStephens County, TX0 BBLs0 MCFAug 2019
FambroStephens County, TX0 BBLs3,389 MCFSep 2024
FambroStephens County, TX0 BBLs1,332 MCFSep 2024
FambroughStephens County, TX17 BBLs725 MCFSep 2024
FlourneyStephens County, TX0 BBLs0 MCFJul 2022
HeadStephens County, TX0 BBLs575 MCFSep 2024
HodgesStephens County, TX79 BBLs929 MCFSep 2024
ParksStephens County, TX0 BBLs196 MCFSep 2024
Randall TStephens County, TX0 BBLs388 MCFAug 2024
Roberson JStephens County, TX0 BBLs129 MCFSep 2024
SatterwhiteStephens County, TX21 BBLs118 MCFSep 2024
SikesStephens County, TX0 BBLs1,283 MCFSep 2024
Sikes-RandallStephens County, TX5 BBLs392 MCFAug 2024
StrieglerStephens County, TX0 BBLs743 MCFSep 2024
TaylorStephens County, TX0 BBLs50 MCFSep 2024

Owners of Hanks Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RIDGE OIL COMPANYHANKS UNITRIDGE OIL COMPANY
2024WOODWARD BRYAN AHANKS UNITRIDGE OIL COMPANY
2024RIDGE OIL COMPANYHANKS UNITRIDGE OIL COMPANY
2024J RHODES LTDHANKS UNITRIDGE OIL COMPANY
2024RIDGE OIL CO #22722HANKS UNITRIDGE OIL COMPANY
2024EVERETT CARL B IIIHANKS UNITRIDGE OIL COMPANY
2024EVERETT JAMES SLOANHANKS UNITRIDGE OIL COMPANY
2024WATSON JULIE SLOANHANKS UNITRIDGE OIL COMPANY
Displaying 8 of 89 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Hanks Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-23368HANKS UNITAug 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJul 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJun 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMay 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITApr 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMar 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITFeb 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJan 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITDec 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITNov 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITOct 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITSep 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITAug 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJul 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJun 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMay 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITApr 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMar 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITFeb 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJan 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITDec 2022PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITOct 2022PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITSep 2022PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITAug 2022PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJul 2022PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.