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 2026
Total Oil Production5,009 BBLs
Total Gas Production4,865,968 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production2,404 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$11,237 **

* 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 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 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 BBLs3,226 MCFApr 2026
BoydFreestone County, TX45 BBLs18,376 MCFApr 2026
Boyd-Pickett Gas UnitFreestone County, TX7 BBLs27,930 MCFApr 2026
Chancellor Unit No. 1Freestone County, TX17 BBLs2,988 MCFApr 2026
Dowell Gas UnitFreestone County, TX2 BBLs3,617 MCFApr 2026
Dunlap Gas UnitFreestone County, TX11 BBLs40,804 MCFApr 2026
Hale UnitFreestone County, TX2 BBLs2,923 MCFApr 2026
Henderson-LottFreestone County, TX3 BBLs16,969 MCFApr 2026
Hullum Heirs Gas UnitFreestone County, TX0 BBLs2,526 MCFApr 2026
King ZenoFreestone County, TX0 BBLs1,744 MCFApr 2026
Middleton RFreestone County, TX3 BBLs3,121 MCFApr 2026
Mitchell J. WFreestone County, TX2 BBLs6,533 MCFApr 2026
Northen Gas UnitFreestone County, TX196 BBLs21,635 MCFApr 2026
Pickett #1 Gas UnitFreestone County, TX4 BBLs10,105 MCFApr 2026
Reed Gas Unit No. 4Freestone County, TX0 BBLs855 MCFApr 2026
Reed Gu #4Freestone County, TX0 BBLs6,324 MCFApr 2026
Ruby Middleton GFreestone County, TX3 BBLs4,700 MCFApr 2026
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX5 BBLs13,310 MCFApr 2026
Zeno King Gas UnitFreestone County, TX4 BBLs11,333 MCFApr 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 1Dec 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
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 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2025VALENCE OPERATING COMPANYVALENCE 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 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2025VALENCE OPERATING COMPANYVALENCE 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 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY