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 - Sep 2025
Total Oil Production5,005 BBLs
Total Gas Production4,851,505 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production2,342 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$9,583 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Driver 1
from Jan 1993 to Sep 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, TX3 BBLs3,512 MCFSep 2025
BoydFreestone County, TX25 BBLs16,823 MCFSep 2025
Boyd-Pickett Gas UnitFreestone County, TX7 BBLs34,558 MCFSep 2025
Chancellor Unit No. 1Freestone County, TX22 BBLs2,919 MCFSep 2025
Dowell Gas UnitFreestone County, TX3 BBLs3,689 MCFSep 2025
Dunlap Gas UnitFreestone County, TX16 BBLs45,056 MCFSep 2025
Hale UnitFreestone County, TX6 BBLs5,075 MCFSep 2025
Henderson-LottFreestone County, TX15 BBLs21,398 MCFSep 2025
Hullum Heirs Gas UnitFreestone County, TX0 BBLs3,618 MCFSep 2025
King ZenoFreestone County, TX0 BBLs1,997 MCFSep 2025
Middleton RFreestone County, TX5 BBLs3,159 MCFSep 2025
Mitchell J. WFreestone County, TX42 BBLs6,276 MCFAug 2025
Northen Gas UnitFreestone County, TX46 BBLs26,947 MCFSep 2025
Pickett #1 Gas UnitFreestone County, TX3 BBLs14,018 MCFSep 2025
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,406 MCFSep 2025
Reed Gu #4Freestone County, TX2 BBLs6,736 MCFSep 2025
Ruby Middleton GFreestone County, TX3 BBLs5,015 MCFSep 2025
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX5 BBLs10,295 MCFSep 2025
Zeno King Gas UnitFreestone County, TX9 BBLs13,001 MCFSep 2025

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 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