MT 7 Ranch

Oil & Gas Property in Stephens County, TX

Property Summary

Key data points for MT 7 Ranch

CountyStephens County, TX
OperatorPETEX
Production DatesJan 1993 - Sep 2024
Total Oil Production5,844 BBLs
Total Gas Production715,275 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production420 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for MT 7 Ranch

ShaleAssessment

$2,732 *

MarketMultiple

$1,691 **

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

Based on a decimal interest

MT 7 Ranch Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for MT 7 Ranch
from Jan 1993 to Sep 2024

Wells on MT 7 Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-429-30299MT 7 RANCH 2PETEXProducingStephens County, TX32.767569-98.743997
42-429-30604MT 7 RANCH 3PETEXPlugged Oil/Gas WellStephens County, TX32.771331-98.744070
42-429-81858MT 7 RANCH 1WPETEXInjectionStephens County, TX32.766516-98.739382

Leases included in MT 7 Ranch

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-097253MT 7 RANCH 2PETEXStephens County, TX
7B-097254MT 7 RANCH 3PETEXStephens County, TX
7B-12282MT 7 RANCHPETEXStephens County, TX

Nearby Properties

These are the closest 20 properties to the MT 7 Ranch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonStephens County, TX38 BBLs440 MCFAug 2024
BucklerStephens County, TX0 BBLs1,831 MCFSep 2024
Dunlap J.GStephens County, TX81 BBLs146 MCFSep 2024
FreemanStephens County, TX2 BBLs1 MCFSep 2024
HittsonStephens County, TX8 BBLs650 MCFSep 2024
Leveridge M.RStephens County, TX0 BBLs0 MCFApr 2018
MM Terry Ranch LTDStephens County, TX61 BBLs947 MCFSep 2024
MoonStephens County, TX0 BBLs706 MCFAug 2024
Moon RanchStephens County, TX131 BBLs4,712 MCFSep 2024
PughStephens County, TX41 BBLs1,304 MCFSep 2024
RogersStephens County, TX18 BBLs1,046 MCFSep 2024
ScottStephens County, TX14 BBLs1,014 MCFSep 2024
SpeedStephens County, TX26 BBLs1,549 MCFSep 2024
Stephens P. B. 1Stephens County, TX0 BBLs103 MCFSep 2024
ThomasStephens County, TX0 BBLs0 MCFOct 2023
Tullos W.HStephens County, TX27 BBLs1,249 MCFSep 2024
Veale A.SStephens County, TX9 BBLs1,717 MCFSep 2024
Veale-ParksStephens County, TX676 BBLs264 MCFSep 2024
Walker G. BStephens County, TX24 BBLs639 MCFSep 2024
Walker-HallwoodStephens County, TX0 BBLs590 MCFSep 2024

Owners of MT 7 Ranch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETEXJ 7 RANCH(VEALE #2)PETEX
2024MIMI PROPERTIES LPJ 7 RANCH(VEALE #2)PETEX
2024MM TERRY RANCH LTDJ 7 RANCH(VEALE #2)PETEX
2024PETROLEUM EXPLORATION COMPANYMT 7 RANCH 1WPETEX

Oil & Gas Sales on MT 7 Ranch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-097253MT 7 RANCH 2Jul 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jun 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2May 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Apr 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Mar 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Feb 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jan 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2023BML INCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Nov 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Oct 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Sep 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Aug 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jul 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jun 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2May 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Apr 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Mar 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Feb 2023BML INCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Feb 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jan 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2022TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Nov 2022TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Oct 2022TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Sep 2022TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.