Driver 1

Oil & Gas Property in Freestone County, TX

Property Summary

Key data points for Driver 1

CountyFreestone County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 1993 - Apr 2025
Total Oil Production5,005 BBLs
Total Gas Production4,840,368 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production1,596 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$8,605 **

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

Based on a decimal interest

Driver 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driver 1
from Jan 1993 to Apr 2025

Wells on Driver 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-30184DRIVER 1VALENCE OPERATING COMPANYProducingFreestone County, TX31.674419-96.235838
42-161-30796DRIVER #1 2TXO PRODUCTION CORP.Plugged Gas WellFreestone County, TX31.680430-96.235342

Leases included in Driver 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
05-076630DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-108003DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX
05-145789DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-146009DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Booth Gas UnitFreestone County, TX1 BBLs2,821 MCFApr 2025
BoydFreestone County, TX30 BBLs16,940 MCFApr 2025
Boyd-Pickett Gas UnitFreestone County, TX6 BBLs19,709 MCFApr 2025
Chancellor Unit No. 1Freestone County, TX12 BBLs3,171 MCFApr 2025
Dowell Gas UnitFreestone County, TX0 BBLs2,394 MCFApr 2025
Dunlap Gas UnitFreestone County, TX17 BBLs42,939 MCFApr 2025
Hale UnitFreestone County, TX16 BBLs4,652 MCFApr 2025
Henderson-LottFreestone County, TX7 BBLs16,892 MCFApr 2025
Hullum Heirs Gas UnitFreestone County, TX0 BBLs3,357 MCFApr 2025
King ZenoFreestone County, TX0 BBLs2,048 MCFApr 2025
Middleton RFreestone County, TX8 BBLs3,724 MCFApr 2025
Mitchell J. WFreestone County, TX0 BBLs6,362 MCFApr 2025
Northen Gas UnitFreestone County, TX238 BBLs36,459 MCFApr 2025
Pickett #1 Gas UnitFreestone County, TX5 BBLs11,359 MCFApr 2025
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,199 MCFApr 2025
Reed Gu #4Freestone County, TX1 BBLs4,463 MCFApr 2025
Ruby Middleton GFreestone County, TX9 BBLs4,695 MCFApr 2025
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX8 BBLs10,600 MCFApr 2025
Zeno King Gas UnitFreestone County, TX15 BBLs11,872 MCFApr 2025

Owners of Driver 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING CO (MIN)DRIVERVALENCE
2024BEAIRD RESOURCES INCDRIVERVALENCE
2024TEXAS CANEY CREEK RANCH LLCDRIVERVALENCE
2024UNION OIL CO OF CALIFORNIADRIVERVALENCE
2024SWINBURN O EDRIVERVALENCE
2024SWINBURN OLIVER E & SHIRLEY ADRIVERVALENCE
2024SAMPLES BARBARA DERUMDRIVERVALENCE
2024WILLIAMS MICHAEL CULLEN TRDRIVERVALENCE
Displaying 8 of 57 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driver 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-145789DRIVER 1Jan 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY