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 - Jan 2026
Total Oil Production5,009 BBLs
Total Gas Production4,859,580 MCF
Recent Oil Production3 BBLs in Dec 2025
Recent Gas Production2,108 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$9,340 **

* 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 Jan 2026

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 Oil Prod.Monthly 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 BBLs4,225 MCFJan 2026
BoydFreestone County, TX15 BBLs14,586 MCFJan 2026
Boyd-Pickett Gas UnitFreestone County, TX7 BBLs30,232 MCFJan 2026
Chancellor Unit No. 1Freestone County, TX5 BBLs3,688 MCFJan 2026
Dowell Gas UnitFreestone County, TX1 BBLs3,212 MCFJan 2026
Dunlap Gas UnitFreestone County, TX45 BBLs40,564 MCFJan 2026
Hale UnitFreestone County, TX4 BBLs4,510 MCFJan 2026
Henderson-LottFreestone County, TX8 BBLs17,618 MCFJan 2026
Hullum Heirs Gas UnitFreestone County, TX0 BBLs152 MCFJan 2026
King ZenoFreestone County, TX0 BBLs1,787 MCFJan 2026
Middleton RFreestone County, TX2 BBLs4,133 MCFJan 2026
Mitchell J. WFreestone County, TX89 BBLs6,372 MCFJan 2026
Northen Gas UnitFreestone County, TX135 BBLs23,487 MCFJan 2026
Pickett #1 Gas UnitFreestone County, TX3 BBLs13,714 MCFJan 2026
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,298 MCFJan 2026
Reed Gu #4Freestone County, TX0 BBLs6,503 MCFJan 2026
Ruby Middleton GFreestone County, TX2 BBLs4,958 MCFJan 2026
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX6 BBLs13,919 MCFJan 2026
Zeno King Gas UnitFreestone County, TX3 BBLs10,929 MCFJan 2026

Owners of Driver 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025VALENCE OPERATING CO (MIN)DRIVERVALENCE

Oil & Gas Sales on Driver 1

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