Medlin J.W. Estate Gas Unit

Oil & Gas Property in Upshur County, TX

Property Summary

Key data points for Medlin J.W. Estate Gas Unit

CountyUpshur County, TX
OperatorMERIT ENERGY COMPANY
Production DatesNov 1995 - Sep 2024
Total Oil Production53,309 BBLs
Total Gas Production4,167,183 MCF
Recent Oil Production9 BBLs in Aug 2024
Recent Gas Production775 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Medlin J.W. Estate Gas Unit

ShaleAssessment

$18,911 *

MarketMultiple

$5,658 **

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

Based on a decimal interest

Medlin J.W. Estate Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Medlin J.W. Estate Gas Unit
from Nov 1995 to Sep 2024

Wells on Medlin J.W. Estate Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-459-30809MEDLIN J.W. ESTATE GAS UNIT 2MERIT ENERGY COMPANYProducingUpshur County, TX32.618151-94.855727
42-459-30940MEDLIN J.W. ESTATE GAS UNIT 5MERIT ENERGY COMPANYProducingUpshur County, TX32.617215-94.874641
42-459-30963MEDLIN J.W. ESTATE GAS UNIT 4MERIT ENERGY COMPANYTemp AbandonedUpshur County, TX32.623640-94.876421
42-459-31262MEDLIN J.W. ESTATE GAS UNIT 6MERIT ENERGY COMPANYTemp AbandonedUpshur County, TX32.621598-94.861376

Leases included in Medlin J.W. Estate Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-156327MEDLIN J.W. ESTATE GAS UNIT 2MERIT ENERGY COMPANYUpshur County, TX
06-168874MEDLIN J.W. ESTATE GAS UNIT 5MERIT ENERGY COMPANYUpshur County, TX
06-169578MEDLIN J.W. ESTATE GAS UNIT 4MERIT ENERGY COMPANYUpshur County, TX
06-215489MEDLIN J.W. ESTATE GAS UNIT 6MERIT ENERGY COMPANYUpshur County, TX

Nearby Properties

These are the closest 20 properties to the Medlin J.W. Estate Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Barnes D. NUpshur County, TX0 BBLs1,262 MCFSep 2024
BlandUpshur County, TX47 BBLs0 MCFSep 2024
Dixon William LUpshur County, TX59 BBLs12,500 MCFSep 2024
EversUpshur County, TX238 BBLs0 MCFSep 2024
FentonUpshur County, TX111 BBLs15,290 MCFSep 2024
Fenton H. Gas UnitUpshur County, TX0 BBLs4,750 MCFSep 2024
Free J.W. Gas UnitGregg County, TX0 BBLs7,326 MCFSep 2024
Gladewtr GuUpshur County, TX353 BBLs44,092 MCFSep 2024
Hiatt Lena R. Gas UnitUpshur County, TX41 BBLs3,392 MCFSep 2024
Joseph George Et Al Gas UnitUpshur County, TX23 BBLs3,780 MCFSep 2024
LandersUpshur County, TX140 BBLs3,642 MCFSep 2024
Mason Tommie J. Gas UnitUpshur County, TX109 BBLs3,422 MCFSep 2024
Obyrne HeirsUpshur County, TX37 BBLs4,159 MCFSep 2024
Ramey T. CUpshur County, TX95 BBLs4,845 MCFSep 2024
Roberts C.HUpshur County, TX91 BBLs5,897 MCFSep 2024
Rubey Estate Gas UnitUpshur County, TX0 BBLs6,697 MCFSep 2024
Shelton A.L. Estate Gas UnitUpshur County, TX17 BBLs4,161 MCFSep 2024
Smart VIdaUpshur County, TX140 BBLs10,504 MCFSep 2024
StinchcombGregg County, TX43 BBLs9,565 MCFSep 2024
Taylor J N Gas Unit 1Upshur County, TX0 BBLs2,309 MCFSep 2024

Owners of Medlin J.W. Estate Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MERIT ENERGY PARTNERSMEDLIN J W ESTATE GU W#05MERIT ENERGY C
2024MERIT ENERGY PARTNERSMEDLIN J W ESTATE GU W#02MERIT ENERGY C
2024GODWIN L E & MAURINEMEDLIN J W ESTATE GU W#02MERIT ENERGY C
2024GODWIN L E & MAURINEMEDLIN J W ESTATE GU W#05MERIT ENERGY C
2024JACKSON JAMESMEDLIN J W ESTATE GU W#02MERIT ENERGY C
2024JACKSON JAMESMEDLIN J W ESTATE GU W#05MERIT ENERGY C
2024FISCHER FAMILY TRUSTMEDLIN J W ESTATE GU W#02MERIT ENERGY C
2024BLALACK RONNIE LMEDLIN J W ESTATE GU W#02MERIT ENERGY C
Displaying 8 of 178 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Medlin J.W. Estate Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jul 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jul 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jul 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jul 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jun 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jun 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jun 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2May 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2May 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2May 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2May 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Apr 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Apr 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Apr 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Apr 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Mar 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Mar 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Mar 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Mar 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-168874MEDLIN J.W. ESTATE GAS UNIT 5Mar 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Feb 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Feb 2024MERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Feb 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-156327MEDLIN J.W. ESTATE GAS UNIT 2Feb 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC