McGee

Oil & Gas Property in Wise County, TX

Property Summary

Key data points for McGee

CountyWise County, TX
Production DatesJan 1993 - Jun 2024
Total Oil Production599 BBLs
Total Gas Production344,611 MCF
Recent Oil Production0 BBLs in May 2024
Recent Gas Production106 MCF in May 2024
Wells on Property3

Our Valuation Estimates for McGee

ShaleAssessment

$456 *

MarketMultiple

$375 **

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

Based on a decimal interest

McGee Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for McGee
from Jan 1993 to Jun 2024

Wells on McGee

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-497-30299MCGEE INEZ 1DWP OIL & GASProducingWise County, TX33.366916-97.791661
42-497-31442MCGEE, F. M. 1S & J OPERATING CO.Dry HoleWise County, TX33.377158-97.820632
42-497-31858MCGEE, F. M. 1RANGER OPERATING CO.Dry HoleWise County, TX33.370560-97.821144

Leases included in McGee

Lease #Lease NameOperatorCountyMonthly Gas Prod.
09-110296MCGEE INEZ 1DWP OIL & GASWise County, TX
09-17533MCGEE, INEZPENNY, EVERETT J.Wise County, TX

Nearby Properties

These are the closest 20 properties to the McGee property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderWise County, TX11 BBLs977 MCFJun 2024
BlockerWise County, TX0 BBLs0 MCFApr 2024
BucknerWise County, TX0 BBLs0 MCFJun 2024
Davis, Homer LWise County, TX0 BBLs211 MCFJun 2024
Graham LeonWise County, TX18 BBLs481 MCFJun 2024
Grusendorf UnitWise County, TX0 BBLs0 MCFDec 2020
HalmanWise County, TX1 BBLs49 MCFJun 2024
Marlett T. WWise County, TX1 BBLs536 MCFJun 2024
McDonaldWise County, TX0 BBLs0 MCFDec 2023
McMullen, L. AWise County, TX0 BBLs768 MCFJun 2024
Mikeal O. KWise County, TX20 BBLs1,776 MCFJun 2024
MorrisWise County, TX5 BBLs795 MCFJun 2024
MotleyWise County, TX0 BBLs330 MCFJun 2024
Pan American Life Ins CoWise County, TX0 BBLs317 MCFJun 2024
RaneyWise County, TX0 BBLs2,647 MCFJun 2024
Riggs NevaWise County, TX0 BBLs44 MCFJun 2024
SmithWise County, TX315 BBLs3,195 MCFJun 2024
SwansonWise County, TX0 BBLs722 MCFJun 2024
ThompsonWise County, TX0 BBLs0 MCFJan 2024
WhetsellWise County, TX5 BBLs278 MCFJun 2024

Owners of McGee

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PENNY RALPH EMCGEE, INEZ #1PENNY, RALPH E
2023PHILLIPS RICKMCGEE, INEZ #1PENNY, RALPH E
2023KNIGHT REUBEN B (ORI/RI)MCGEE, INEZ #1PENNY, RALPH E
2023PENNY WILLIAM EMCGEE, INEZ #1PENNY, RALPH E
2023ROYALTY CLEARINGHOUSE LTDMCGEE, INEZ #1PENNY, RALPH E
2023ROYALTY CLEARINGHOUSE PARTNERSHIPMCGEE, INEZ #1PENNY, RALPH E
2023NICHOLS HOWARDMCGEE, INEZ #1PENNY, RALPH E

Oil & Gas Sales on McGee

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-110296MCGEE INEZ 1Mar 2024TARGA MIDSTREAM SERVICES LLCDAVID WAYNE PARK
09-110296MCGEE INEZ 1Feb 2024TARGA MIDSTREAM SERVICES LLCDAVID WAYNE PARK
09-110296MCGEE INEZ 1Jan 2024TARGA MIDSTREAM SERVICES LLCDAVID WAYNE PARK
09-110296MCGEE INEZ 1Jun 2023TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1May 2023TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Apr 2023TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Mar 2023TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Feb 2023TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Jan 2023TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Nov 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Oct 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Sep 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Aug 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Jul 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Jun 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1May 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Apr 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Mar 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Feb 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Jan 2022TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Dec 2021TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Nov 2021TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Oct 2021TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Sep 2021TARGA MIDSTREAM SERVICES LLCRALPH E PENNY
09-110296MCGEE INEZ 1Aug 2021TARGA MIDSTREAM SERVICES LLCRALPH E PENNY