Reed

Oil & Gas Property in Sterling County, TX

  2. Texas
  3. Sterling County, TX
  4. Oil & Gas Properties in Sterling County, TX
  5. Reed Oil & Gas Property

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Property Summary

Key data points for Reed

CountySterling County, TX
Production DatesJan 2014 - Dec 2024
Total Oil Production106,753 BBLs
Total Gas Production480,471 MCF
Recent Oil Production164 BBLs in Nov 2024
Recent Gas Production816 MCF in Nov 2024
Wells on Property8

Our Valuation Estimates for Reed

ShaleAssessment™

$22,360 *

MarketMultiple™

$33,009 **

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

Based on a decimal interest

Reed Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed
from Jan 2014 to Dec 2024

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-431-31035REED, M.C. 1HEXAGON OIL AND GAS INC.Dry HoleSterling County, TX31.882859-101.036913
42-431-31045REED, M.C. 1AHEXAGON OIL AND GAS INC.Plugged Oil WellSterling County, TX31.882964-101.036032
42-431-31066REED, M.C. 2HEXAGON OIL AND GAS INC.Plugged Oil WellSterling County, TX31.897627-101.036323
42-431-31087REED, M. C. 3HEXAGON OIL AND GAS INC.Dry HoleSterling County, TX31.908513-101.040227
42-431-31093REED, J. C. 1MARATHON OIL COMPANYDry HoleSterling County, TX31.865557-101.059650
42-431-31297REED 5 1QUANAH PETROLEUM INC.Permitted LocationSterling County, TX31.913957-101.089044
42-431-31968REED 11 1KEYSTONE ENERGY OIL & GAS, INC.Dry HoleSterling County, TX31.897820-101.038035
42-431-33379REED 14 1001HTREK RESOURCES, INC.ProducingSterling County, TX31.886648-101.048618

Leases included in Reed

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-27279REED, M. C.KEYSTONE ENERGY OIL & GAS, INC.Sterling County, TX
08-27291REED, M. C.BAKER OPERATING, INC.Sterling County, TX
08-45026REED 14ENDURING RESOURCES, LLCSterling County, TX
08-45108REED 14TREK RESOURCES, INC.Sterling County, TX

Operators Associated With Reed

Nearby Properties

These are the closest 11 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CaldwellSterling County, TX0 BBLs1,379 MCFDec 2024
Cole RanchesSterling County, TX411 BBLs3,550 MCFDec 2024
DavisSterling County, TX0 BBLs0 MCFMay 2020
DorseySterling County, TX301 BBLs973 MCFDec 2024
GunterSterling County, TX303 BBLs3,117 MCFDec 2024
H&H RanchSterling County, TX1,179 BBLs12,498 MCFDec 2024
MargaretSterling County, TX26 BBLs1,419 MCFDec 2024
McEntireSterling County, TX45 BBLs2,275 MCFDec 2024
StromanSterling County, TX987 BBLs9,158 MCFDec 2024
Virginia City ColeSterling County, TX451 BBLs8,111 MCFDec 2024
WilkinsonSterling County, TX64 BBLs4,015 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Reed property.

Company Name
Atropos Production Corporation
Bolding Energy, LLC
Burk Royalty Co., LTD.
Caraway Operating Co.
Chaparral Energy, L.L.C.
D & D Enterprises
Devon Energy Production Company LP
Fasken Oil And Ranch, LTD.
Firewheel Operating, LLC
Hamman Oil & Refining Company
Moriah Operating,LLC
Omimex Energy, Inc.
Owl Ops LLC
Phoenix Hydrocarbons Operating
Saguaro Petroleum, LLC
Siana Oil & Gas
Steller Energy & Investment Corp
Strand Energy, L.C.
Thompson, J. Cleo
Trek Resources, Inc.

Frac'ing activity on Reed

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-431-33379Reed 14 #1001H

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024TREK RESOURCES INCREED 14 #1001HENDURING RESOURCES
2024DUNN JUDY WALLACE FAMILY TRUSTREED 14 #1001HENDURING RESOURCES
2024FULGHUM KELLY REEDREED 14 #1001HENDURING RESOURCES
2024FULGHUM KELLY REED GST TRUSTREED 14 #1001HENDURING RESOURCES
2024REED THOMAS CREED 14 #1001HENDURING RESOURCES
2024REED THOMAS C GST TRUSTREED 14 #1001HENDURING RESOURCES

Oil & Gas Sales on Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45108REED 14Oct 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Sep 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Aug 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Aug 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jun 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jun 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14May 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14May 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Apr 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Apr 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Feb 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Feb 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jan 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jan 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Dec 2023CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Dec 2023NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Nov 2023NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Nov 2023CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Oct 2023NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Oct 2023CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Sep 2023CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.