Lane-Shanks Unit 1

Oil & Gas Property in Smith County, MS

Property Summary

Key data points for Lane-Shanks Unit 1

CountySmith County, MS
OperatorTELLUS OPERATING GROUP, LLC
Production DatesJan 1977 - Nov 2023
Total Oil Production422,249 BBLs
Total Gas Production36,185 MCF
Recent Oil Production509 BBLs in Nov 2023
Recent Gas Production0 MCF in Nov 2023
Wells on Property1

Our Valuation Estimates for Lane-Shanks Unit 1

ShaleAssessment

Not Available

MarketMultiple

$74,557 **

* 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 Nov 2023

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 5 properties to the Lane-Shanks Unit 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BlackledgeSmith County, MS745 BBLs0 MCFNov 2023
E M LaneSmith County, MS0 BBLs0 MCFMar 2010
HoeffnerSmith County, MS789 BBLs0 MCFNov 2023
MsopuefrSmith County, MS3 BBLs0 MCFNov 2023
Tellus Tallahala 4-7 1Smith County, MS1,669 BBLs1,701 MCFNov 2023

Companies in the Area

These are the closest 2 companies operating near the Lane-Shanks Unit 1 property.

Company Name
Rover Operating, LLC
Tellus Operating Group, LLC