Read Unit

Oil & Gas Property in Wise County, TX

Property Summary

Key data points for Read Unit

CountyWise County, TX
Production DatesJun 2012 - Jan 2025
Total Oil Production9,817 BBLs
Total Gas Production885,704 MCF
Recent Oil Production8 BBLs in Dec 2024
Recent Gas Production3,232 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Read Unit

ShaleAssessment

$8,102 *

MarketMultiple

$11,453 **

* 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 Jan 2025

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, TX9 BBLs5,854 MCFJan 2025
Clark L. WWise County, TX0 BBLs665 MCFJan 2025
Cole J. W. Gas Unit AWise County, TX0 BBLs0 MCFOct 2024
CraigWise County, TX0 BBLs2,253 MCFJan 2025
Dean Padfield 1HWise County, TX0 BBLs5,433 MCFJan 2025
Esther Beeson (Aw)Wise County, TX7 BBLs9,141 MCFJan 2025
FitzgeraldWise County, TX94 BBLs15,707 MCFJan 2025
Greines MWise County, TX0 BBLs1,437 MCFJan 2025
Hill Lloyd W. AWise County, TX0 BBLs0 MCFOct 2024
Krell EmmaWise County, TX0 BBLs0 MCFJan 2025
Lawson D. OWise County, TX0 BBLs932 MCFJan 2025
Lester T. DWise County, TX0 BBLs0 MCFOct 2024
McGee W. HWise County, TX0 BBLs1,864 MCFJan 2025
Musgrove-GWise County, TX0 BBLs4,673 MCFJan 2025
Nabors L. CWise County, TX0 BBLs97 MCFJan 2025
Read HWise County, TX102 BBLs298 MCFJan 2025
Robert Stutt Gu AWise County, TX233 BBLs13,495 MCFJan 2025
Sabine Gu 1HWise County, TX174 BBLs5,129 MCFJan 2025
Stutt RobertWise County, TX0 BBLs1,927 MCFJan 2025
T. D. Lester (Aw)Wise County, TX0 BBLs17,881 MCFJan 2025

Frac'ing activity on Read Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-497-37408Read Unit 1H
42-497-37410Read Unit 2HA

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
2024READ SHERRY AREAD UNIT #1HEAGLERIDGE OPE
2024TEXAS RESOURCES ACQUISITIONS LLCREAD 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 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HAug 2024PHILLIPS 66 COMPANYEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HAug 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAAug 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJul 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAJul 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJul 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJun 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJun 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAJun 2024ENLINK GAS MARKETING, LPEAGLERIDGE 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
09-266763READ UNIT 2HAMar 2024ENLINK GAS MARKETING, LPEAGLERIDGE 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 2HAFeb 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HFeb 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HFeb 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJan 2024EAGLERIDGE OPERATING, LLCEAGLERIDGE OPERATING, LLC
09-266763READ UNIT 2HAJan 2024ENLINK GAS MARKETING, LPEAGLERIDGE OPERATING, LLC
09-266769READ UNIT 1HJan 2024ENBRIDGE PIPELINES (NE TEXAS) L.P.EAGLERIDGE OPERATING, LLC