Gray 1

Oil & Gas Property in Cherokee County, TX

Property Summary

Key data points for Gray 1

CountyCherokee County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 2004 - Jan 2025
Total Oil Production24,881 BBLs
Total Gas Production1,287,991 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property1

Our Valuation Estimates for Gray 1

ShaleAssessment

Not Available

MarketMultiple

$571 **

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

Based on a decimal interest

Gray 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gray 1
from Jan 2004 to Jan 2025

Wells on Gray 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-073-31077GRAY 1VALENCE OPERATING COMPANYProducingCherokee County, TX32.132833-95.045571

Leases included in Gray 1

Lease #Lease NameOperatorCounty
06-200157GRAY 1VALENCE OPERATING COMPANYCherokee County, TX
06-203990GRAY 1VALENCE OPERATING COMPANYCherokee County, TX
06-204227GRAY 1VALENCE OPERATING COMPANYCherokee County, TX

Nearby Properties

These are the closest 20 properties to the Gray 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BurnsCherokee County, TX333 BBLs13,143 MCFApr 2025
Burns-Poole 1HCherokee County, TX359 BBLs10,898 MCFApr 2025
BurtonCherokee County, TX0 BBLs7,158 MCFApr 2025
Cole 2Smith County, TX2 BBLs814 MCFApr 2025
GuthrieSmith County, TX625 BBLs5,823 MCFApr 2025
Guthrie-Wilson Gu1Smith County, TX170 BBLs12,767 MCFApr 2025
Lintner-Guthrie (Smith County, TX132 BBLs13,350 MCFApr 2025
Lintner-Wilson Gu 2 (AllocSmith County, TX40 BBLs11,128 MCFApr 2025
McElroyCherokee County, TX390 BBLs10,407 MCFApr 2025
McElroy A - Wilkinson (Alloc) 1HCherokee County, TX142 BBLs12,939 MCFApr 2025
McElroy A -Murray (Alloc) 1HCherokee County, TX186 BBLs4,852 MCFApr 2025
McElroy-Guthrie-Wilsongu1(Alloc) 1HCherokee County, TX62 BBLs7,525 MCFApr 2025
McElroy-SwannCherokee County, TX307 BBLs32,651 MCFApr 2025
PBGM 1HSmith County, TX330 BBLs11,706 MCFApr 2025
PooleSmith County, TX337 BBLs11,861 MCFApr 2025
Reagan-Black Stone-Wilkinson (AlCherokee County, TX325 BBLs18,860 MCFApr 2025
Sieber 1Cherokee County, TX2 BBLs122 MCFApr 2025
ThompsonCherokee County, TX137 BBLs8,398 MCFApr 2025
Wilkinson - McElroy A Alloc 1HCherokee County, TX67 BBLs6,643 MCFApr 2025
Wilson David GSmith County, TX207 BBLs19,746 MCFApr 2025

Owners of Gray 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING COMPANYGRAY W#1VALENCE OPERAT
2024GRAY JANET HGRAY W#1VALENCE OPERAT
2024GRAY DONALD RGRAY W#1VALENCE OPERAT

Oil & Gas Sales on Gray 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-200157GRAY 1Jan 2025REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Dec 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Nov 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Oct 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Sep 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Aug 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Aug 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Jul 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Jul 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Jun 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Jun 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1May 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1May 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Apr 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Apr 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Mar 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Feb 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Jan 2024REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Dec 2023REGENCY DESOTO-HESCO SERVICES LLCVALENCE OPERATING COMPANY
06-200157GRAY 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-200157GRAY 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY