Leard #1

Oil & Gas Property in Upshur County, TX

Property Summary

Key data points for Leard #1

CountyUpshur County, TX
OperatorFAULCONER ENERGY, LLC
Production DatesJan 1993 - Oct 2024
Total Oil Production86,516 BBLs
Total Gas Production8,081,361 MCF
Recent Oil Production30 BBLs in Sep 2024
Recent Gas Production7,467 MCF in Sep 2024
Wells on Property7

Our Valuation Estimates for Leard #1

ShaleAssessment

Not Available

MarketMultiple

$33,411 **

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

Based on a decimal interest

Leard #1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Leard #1
from Jan 1993 to Oct 2024

Wells on Leard #1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-459-30148LEARD #1 1FAULCONER ENERGY, LLCProducingUpshur County, TX32.741380-95.064299
42-459-30513LEARD #1 2FAULCONER ENERGY, LLCProducingUpshur County, TX32.745422-95.062298
42-459-30733LEARD #1 3FAULCONER ENERGY, LLCProducingUpshur County, TX32.736432-95.062888
42-459-30878LEARD #1 4FAULCONER ENERGY, LLCProducingUpshur County, TX32.737084-95.069025
42-459-30973LEARD #1 5FAULCONER ENERGY, LLCProducingUpshur County, TX32.746273-95.070158
42-459-31029LEARD #1 6FAULCONER ENERGY, LLCProducingUpshur County, TX32.740769-95.059913
42-459-31459LEARD #1 8AFAULCONER ENERGY, LLCProducingUpshur County, TX32.742576-95.069717

Leases included in Leard #1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-073381LEARD #1 1FAULCONER ENERGY, LLCUpshur County, TX
06-097659LEARD #1 2FAULCONER ENERGY, LLCUpshur County, TX
06-147070LEARD #1 3FAULCONER ENERGY, LLCUpshur County, TX
06-160668LEARD #1 4FAULCONER ENERGY, LLCUpshur County, TX
06-171934LEARD #1 5FAULCONER ENERGY, LLCUpshur County, TX
06-180931LEARD #1 6FAULCONER ENERGY, LLCUpshur County, TX
06-271984LEARD #1 8AFAULCONER ENERGY, LLCUpshur County, TX

Nearby Properties

These are the closest 20 properties to the Leard #1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArringtonUpshur County, TX0 BBLs596 MCFOct 2024
Bivins J. M. G.U. 1Upshur County, TX8 BBLs1,433 MCFOct 2024
Bogel Gas UnitUpshur County, TX203 BBLs15,645 MCFOct 2024
Bowers Ernest Gas UnitUpshur County, TX0 BBLs7,178 MCFOct 2024
Bullock Gas UnitUpshur County, TX30 BBLs1,224 MCFOct 2024
Dugger -AUpshur County, TX19 BBLs1,442 MCFOct 2024
Fenlaw Mack Gas Unit 1Upshur County, TX0 BBLs805 MCFOct 2024
Hinson R.AUpshur County, TX45 BBLs11,474 MCFOct 2024
Legrande Bowers Gas UnitUpshur County, TX0 BBLs1,585 MCFOct 2024
McKnight Gas Unit 1Upshur County, TX0 BBLs2,090 MCFOct 2024
McKnight Will Gas Unit #1Upshur County, TX55 BBLs9,225 MCFOct 2024
Odom Gas UnitUpshur County, TX1 BBLs4,738 MCFOct 2024
Pool Sidney Gas Unit 1Upshur County, TX15 BBLs1,357 MCFOct 2024
R. A. Hinson Gas UnitUpshur County, TX28 BBLs2,034 MCFOct 2024
Ray Gas Unit #2Upshur County, TX29 BBLs9,927 MCFOct 2024
Ray W.E. Gas Unit #1Upshur County, TX96 BBLs8,872 MCFOct 2024
Still W.W. Gu #1Upshur County, TX0 BBLs3,366 MCFOct 2024
Tuel Gas Unit #1Upshur County, TX16 BBLs8,607 MCFOct 2024
Wade C.K. Gas Unit #1Upshur County, TX26 BBLs9,598 MCFOct 2024
Young Gas Unit #1Upshur County, TX61 BBLs5,819 MCFOct 2024

Owners of Leard #1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#08AFAULCONER ENER
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#03FAULCONER ENER
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#01FAULCONER ENER
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#04FAULCONER ENER
2024MCCOOL JEAN LIFE ESTATELEARD UNIT #01 W#08AFAULCONER ENER
2024SUGARBERRY MINERALS COLEARD UNIT #01 W#08AFAULCONER ENER
2024GRELLING PROPERTIES LPLEARD UNIT #01 W#08AFAULCONER ENER
2024FAULCONER ENERGY 2023 LLPLEARD UNIT #01 W#08AFAULCONER ENER
Displaying 8 of 298 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Leard #1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-271984LEARD #1 8AOct 2024PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-073381LEARD #1 1Sep 2024FAULCONER ENERGY, LLC
06-073381LEARD #1 1Sep 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Sep 2024FAULCONER ENERGY, LLC
06-147070LEARD #1 3Sep 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Sep 2024FAULCONER ENERGY, LLC
06-160668LEARD #1 4Sep 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Sep 2024FAULCONER ENERGY, LLC
06-171934LEARD #1 5Sep 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8ASep 2024FAULCONER ENERGY, LLC
06-073381LEARD #1 1Aug 2024FAULCONER ENERGY, LLC
06-073381LEARD #1 1Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Aug 2024FAULCONER ENERGY, LLC
06-147070LEARD #1 3Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Aug 2024FAULCONER ENERGY, LLC
06-160668LEARD #1 4Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Aug 2024FAULCONER ENERGY, LLC
06-171934LEARD #1 5Aug 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AAug 2024FAULCONER ENERGY, LLC
06-073381LEARD #1 1Jul 2024FAULCONER ENERGY, LLC
06-073381LEARD #1 1Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Jul 2024FAULCONER ENERGY, LLC
06-147070LEARD #1 3Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Jul 2024FAULCONER ENERGY, LLC
06-160668LEARD #1 4Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC