Read Unit

Oil & Gas Property in Wise County, TX

Property Summary

Key data points for Read Unit

CountyWise County, TX
Production DatesJun 2012 - Sep 2024
Total Oil Production9,836 BBLs
Total Gas Production871,995 MCF
Recent Oil Production13 BBLs in Aug 2024
Recent Gas Production4,128 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for Read Unit

ShaleAssessment

$8,546 *

MarketMultiple

$12,454 **

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

Based on a decimal interest

Read Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Read Unit
from Jun 2012 to Sep 2024

Wells on Read Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-497-37408READ UNIT 1HEAGLERIDGE OPERATING, LLCProducingWise County, TX33.154158-97.674813
42-497-37410READ UNIT 2HAARUBA PETROLEUM, INC.Horizontal Well Surface LocatioWise County, TX33.153939-97.674893
42-497-37484READ UNIT 2HAEAGLERIDGE OPERATING, LLCProducingWise County, TX33.153939-97.674893

Leases included in Read Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-266763READ UNIT 2HAEAGLERIDGE OPERATING, LLCWise County, TX
09-266769READ UNIT 1HEAGLERIDGE OPERATING, LLCWise County, TX

Operators Associated With Read Unit

Nearby Properties

These are the closest 20 properties to the Read Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bridges W.B. (Deep) GuWise County, TX22 BBLs5,668 MCFSep 2024
Clark L. WWise County, TX0 BBLs564 MCFSep 2024
Cole J. W. Gas Unit AWise County, TX0 BBLs270 MCFSep 2024
Cox C. TWise County, TX0 BBLs942 MCFSep 2024
CraigWise County, TX0 BBLs5,368 MCFSep 2024
Esther Beeson (Aw)Wise County, TX5 BBLs11,935 MCFSep 2024
FitzgeraldWise County, TX98 BBLs15,049 MCFSep 2024
Greines MWise County, TX0 BBLs1,364 MCFSep 2024
H. D. Read Et AlWise County, TX378 BBLs431 MCFSep 2024
Hill Lloyd W. AWise County, TX0 BBLs3,435 MCFSep 2024
Krell EmmaWise County, TX0 BBLs144 MCFSep 2024
Lawson D. OWise County, TX0 BBLs1,080 MCFSep 2024
Lester T. DWise County, TX0 BBLs1,146 MCFSep 2024
McGee W. HWise County, TX0 BBLs1,677 MCFSep 2024
Musgrove-GWise County, TX0 BBLs5,997 MCFAug 2024
Nabors L. CWise County, TX0 BBLs107 MCFSep 2024
Read HWise County, TX169 BBLs42 MCFSep 2024
Robert Stutt Gu AWise County, TX62 BBLs11,875 MCFSep 2024
Stutt RobertWise County, TX0 BBLs1,803 MCFSep 2024
T. D. Lester (Aw)Wise County, TX0 BBLs18,016 MCFSep 2024

Owners of Read Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024EAGLERIDGE OPERATING LLC (ARUBA)READ UNIT #1HEAGLERIDGE OPE
2024UPHAM PRODUCING LPREAD UNIT #1HEAGLERIDGE OPE
2024EAGLERIDGE OPERATING LLC (ARUBA)READ UNIT #2HAEAGLERIDGE OPE
2024BARNHILL FROSTY READ TRUSTREAD UNIT #1HEAGLERIDGE OPE
2024USG PROPERTIES BARNETT II LLCREAD UNIT #1HEAGLERIDGE OPE
2024PATSY LR PARTNERSHIP LTDREAD UNIT #1HEAGLERIDGE OPE
2024TEXAS RESOURCES ACQUISITIONS LLCREAD UNIT #1HEAGLERIDGE OPE
2024READ SHERRY AREAD UNIT #1HEAGLERIDGE OPE
Displaying 8 of 48 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Read Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-266769READ UNIT 1HAug 2024PHILLIPS 66 COMPANYEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAJun 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJun 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJun 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAMay 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HMay 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HMay 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HApr 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAApr 2024PHILLIPS 66 COMPANYEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HApr 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HMar 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HMar 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAMar 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAFeb 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HFeb 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HFeb 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJan 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJan 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAJan 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HDec 2023ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HDec 2023EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HADec 2023ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HANov 2023ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HNov 2023EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HNov 2023ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC