Bays

Oil & Gas Property in Erath County, TX

  2. Texas
  3. Erath County, TX
  4. Oil & Gas Properties in Erath County, TX
  5. Bays Oil & Gas Property

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Property Summary

Key data points for Bays

CountyErath County, TX
Production DatesJan 1993 - Sep 2025
Total Oil Production3,794 BBLs
Total Gas Production252,642 MCF
Recent Oil Production5 BBLs in Aug 2025
Recent Gas Production951 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Bays

ShaleAssessment™

$115 *

MarketMultiple™

$5,626 **

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

Based on a decimal interest

Bays Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bays
from Jan 1993 to Sep 2025

Wells on Bays

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-143-30690BAYS 3PETROCOASTAL, INC.ProducingErath County, TX32.277822-98.439930
42-143-31359BAYS 1HESS, JERRY OPERATING CO.Plugged Gas WellErath County, TX32.255715-98.442157

Leases included in Bays

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-244039BAYS 1GREENHAW, MORRIS R.Erath County, TX
7B-092353BAYS 3PETROCOASTAL, INC.Erath County, TX
7B-30112BAYS, MIKEBLACKWATER OIL & GAS CORPORATIONErath County, TX

Operators Associated With Bays

Nearby Properties

These are the closest 11 properties to the Bays property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
DuvalleErath County, TX0 BBLs0 MCFOct 2017
GW StewartErath County, TX0 BBLs273 MCFAug 2025
HallmarkErath County, TX0 BBLs0 MCFJul 2025
Henslee AEastland County, TX0 BBLs174 MCFSep 2025
HoggEastland County, TX0 BBLs99 MCFSep 2025
Hogtown-Moore UnitErath County, TX12 BBLs1,257 MCFAug 2025
HuffmanErath County, TX0 BBLs0 MCFJul 2025
PowersEastland County, TX0 BBLs546 MCFAug 2025
ShillingburgErath County, TX0 BBLs0 MCFOct 2011
SparksEastland County, TX0 BBLs106 MCFSep 2025
TidwellEastland County, TX0 BBLs0 MCFSep 2025

Companies in the Area

These are the closest 10 companies operating near the Bays property.

Company Name
9K Investments LLC
Blackwater Oil & Gas Corporation
DMV Pipeline LLC
Greenhaw, Morris R.
H. Bryan Poff, LLC
Hunter Brothers
Mehaffey Investments, Inc.
Place Oil And Gas Co.
Square One Energy, Inc.
Stewart Oil & Gas

Owners of Bays

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PETROCOASTAL INCBAYS #3PETROCOASTAL INC
2025BAYS FAGAN & MILLIEBAYS #3PETROCOASTAL INC
2025SMITH SHEILA J HOLDINGBAYS #3PETROCOASTAL INC
2025HERNDON WILLIAM CBAYS #3PETROCOASTAL INC
2025GRUMBLES DUDLEY & MICHELLEBAYS #3PETROCOASTAL INC
2025HUFFMAN MONTY SBAYS #3PETROCOASTAL INC

Oil & Gas Sales on Bays

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-092353BAYS 3Mar 2025PETROCOASTAL, INC.
7B-092353BAYS 3Feb 2025PETROCOASTAL, INC.
7B-092353BAYS 3Jan 2025PETROCOASTAL, INC.
7B-092353BAYS 3Dec 2024PETROCOASTAL, INC.
7B-092353BAYS 3Nov 2024PETROCOASTAL, INC.
7B-092353BAYS 3Oct 2024PETROCOASTAL, INC.
7B-092353BAYS 3Sep 2024PETROCOASTAL, INC.
7B-092353BAYS 3Aug 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Aug 2024TRUE OIL TRUCKING & MARKETING, LLCPETROCOASTAL, INC.
7B-092353BAYS 3Jul 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Jun 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3May 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Apr 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Mar 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Feb 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Jan 2024COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Dec 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Nov 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Oct 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Sep 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Aug 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Jul 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Jun 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.
7B-092353BAYS 3Jun 2023TRUE OIL TRUCKING & MARKETING, LLCPETROCOASTAL, INC.
7B-092353BAYS 3May 2023COLT G & P (NORTH TEXAS) L.P.PETROCOASTAL, INC.