Lane-Shanks Unit 1

Oil & Gas Property in Smith County, MS

  2. Mississippi
  3. Smith County, MS
  4. Oil & Gas Properties in Smith County, MS
  5. Lane-Shanks Unit 1 Oil & Gas Property

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Property Summary

Key data points for Lane-Shanks Unit 1

CountySmith County, MS
OperatorTELLUS OPERATING GROUP, LLC
Production DatesJan 1977 - May 2026
Total Oil Production429,267 BBLs
Total Gas Production36,185 MCF
Recent Oil Production414 BBLs in Apr 2026
Recent Gas Production0 MCF in Apr 2026
Wells on Property1

Our Valuation Estimates for Lane-Shanks Unit 1

ShaleAssessment™

Not Available

MarketMultiple™

$37,017 **

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

Based on a decimal interest

Lane-Shanks Unit 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lane-Shanks Unit 1
from Jan 1977 to May 2026

Wells on Lane-Shanks Unit 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
23-129-20039LANE-SHANKS UNIT 1TELLUS OPERATING GROUP, LLCProducingSmith County, MS31.952630-89.407810

Nearby Properties

These are the closest 7 properties to the Lane-Shanks Unit 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BlackledgeSmith County, MS461 BBLs0 MCFMay 2026
E M LaneSmith County, MS0 BBLs0 MCFMar 2010
HoeffnerSmith County, MS652 BBLs0 MCFMay 2026
Mary James 1Smith County, MS957 BBLs0 MCFMay 2026
MsopuefrSmith County, MS2 BBLs0 MCFApr 2026
Tellus Tallahala 4-7 1Smith County, MS1,409 BBLs1,826 MCFMay 2026
Windham 6Smith County, MS714 BBLs632 MCFMay 2026

Companies in the Area

These are the closest 3 companies operating near the Lane-Shanks Unit 1 property.

Company Name
Aria Operating, LLC
Tellus Operating Group, LLC
Venture Oil & Gas Inc.