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 - Jul 2024
Total Oil Production5,844 BBLs
Total Gas Production713,827 MCF
Recent Oil Production0 BBLs in Jun 2024
Recent Gas Production677 MCF in Jun 2024
Wells on Property3

Our Valuation Estimates for MT 7 Ranch

ShaleAssessment

$2,827 *

MarketMultiple

$1,766 **

* 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 Jul 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, TX0 BBLs0 MCFMay 2024
BucklerStephens County, TX8 BBLs1,036 MCFJul 2024
Dunlap J.GStephens County, TX80 BBLs60 MCFJul 2024
FreemanStephens County, TX1 BBLs1 MCFJul 2024
HittsonStephens County, TX24 BBLs627 MCFJul 2024
Leveridge M.RStephens County, TX0 BBLs0 MCFApr 2018
MM Terry Ranch LTDStephens County, TX34 BBLs1,078 MCFJul 2024
MoonStephens County, TX0 BBLs673 MCFJul 2024
Moon RanchStephens County, TX119 BBLs4,873 MCFJul 2024
PughStephens County, TX10 BBLs199 MCFJul 2024
RogersStephens County, TX12 BBLs1,048 MCFJul 2024
ScottStephens County, TX20 BBLs951 MCFJul 2024
SpeedStephens County, TX27 BBLs1,576 MCFJul 2024
Stephens P. B. 1Stephens County, TX0 BBLs110 MCFJul 2024
ThomasStephens County, TX0 BBLs0 MCFOct 2023
Tullos W.HStephens County, TX175 BBLs1,963 MCFJul 2024
Veale A.SStephens County, TX6 BBLs1,705 MCFJul 2024
Veale-ParksStephens County, TX610 BBLs284 MCFJul 2024
Walker G. BStephens County, TX26 BBLs382 MCFJul 2024
Walker-HallwoodStephens County, TX0 BBLs653 MCFJul 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.