Reed Hugh D. No. 1 Gas Unit

Oil & Gas Property in Freestone County, TX

  2. Texas
  3. Freestone County, TX
  4. Oil & Gas Properties in Freestone County, TX
  5. Reed Hugh D. No. 1 Gas Unit Oil & Gas Property

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Property Summary

Key data points for Reed Hugh D. No. 1 Gas Unit

CountyFreestone County, TX
Production DatesJan 1993 - Apr 2026
Total Oil Production1,757 BBLs
Total Gas Production7,752,963 MCF
Recent Oil Production4 BBLs in Mar 2026
Recent Gas Production15,534 MCF in Mar 2026
Wells on Property7

Our Valuation Estimates for Reed Hugh D. No. 1 Gas Unit

ShaleAssessment™

$30,399 *

MarketMultiple™

$78,795 **

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

Based on a decimal interest

Reed Hugh D. No. 1 Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed Hugh D. No. 1 Gas Unit
from Jan 1993 to Apr 2026

Wells on Reed Hugh D. No. 1 Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-30425REED HUGH D. NO. 1 GAS UNIT 1HILCORP ENERGY COMPANYProducingFreestone County, TX31.756046-96.186182
42-161-31069REED HUGH D. NO. 1 GAS UNIT 2HILCORP ENERGY COMPANYProducingFreestone County, TX31.756157-96.193857
42-161-33384REED HUGH D. NO. 1 GAS UNIT 3HILCORP ENERGY COMPANYProducingFreestone County, TX31.759249-96.190450
42-161-33414REED HUGH D. NO. 1 GAS UNIT 4HILCORP ENERGY COMPANYProducingFreestone County, TX31.754302-96.201147
42-161-34018REED HUGH D. NO. 1 GAS UNIT 8HILCORP ENERGY COMPANYProducingFreestone County, TX31.761217-96.204055
42-161-34079REED HUGH D. NO. 1 GAS UNIT 6HILCORP ENERGY COMPANYProducingFreestone County, TX31.761207-96.182375
42-161-34756REED HUGH D. NO. 1 GAS UNIT 7HILCORP ENERGY COMPANYProducingFreestone County, TX31.754783-96.207118

Leases included in Reed Hugh D. No. 1 Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-078803REED HUGH D. NO. 1 GAS UNIT 1MILLER ENERGY, INC.Freestone County, TX
05-126208REED HUGH D. NO. 1 GAS UNIT 2HILCORP ENERGY COMPANYFreestone County, TX
05-128224REED HUGH D. NO. 1 GAS UNIT 1MILLER ENERGY, INC.Freestone County, TX
05-134307REED HUGH D. NO. 1 GAS UNIT 1HILCORP ENERGY COMPANYFreestone County, TX
05-226939REED HUGH D. NO. 1 GAS UNIT 4HILCORP ENERGY COMPANYFreestone County, TX
05-228513REED HUGH D. NO. 1 GAS UNIT 3HILCORP ENERGY COMPANYFreestone County, TX
05-237736REED HUGH D. NO. 1 GAS UNIT 8HILCORP ENERGY COMPANYFreestone County, TX
05-244689REED HUGH D. NO. 1 GAS UNIT 6HILCORP ENERGY COMPANYFreestone County, TX
05-266201REED HUGH D. NO. 1 GAS UNIT 7HILCORP ENERGY COMPANYFreestone County, TX

Operators Associated With Reed Hugh D. No. 1 Gas Unit

Nearby Properties

These are the closest 20 properties to the Reed Hugh D. No. 1 Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BonnerFreestone County, TX0 BBLs2,294 MCFApr 2026
C. N. WillifordFreestone County, TX2 BBLs5,164 MCFApr 2026
CameronFreestone County, TX0 BBLs272 MCFApr 2026
CappsFreestone County, TX0 BBLs368 MCFApr 2026
City Of FairfieldFreestone County, TX3 BBLs4,397 MCFApr 2026
ColemanFreestone County, TX0 BBLs466 MCFApr 2026
Hill F. E. IIIFreestone County, TX4 BBLs11,832 MCFApr 2026
Hugh Reed AFreestone County, TX2 BBLs2,282 MCFApr 2026
Jones L.VFreestone County, TX0 BBLs18,152 MCFApr 2026
L. V. Jones Gas UnitFreestone County, TX0 BBLs5,459 MCFApr 2026
MartinFreestone County, TX0 BBLs1,454 MCFApr 2026
McMichaelFreestone County, TX7 BBLs47,823 MCFApr 2026
Moody EstateFreestone County, TX3 BBLs10,068 MCFApr 2026
OrandFreestone County, TX11 BBLs20,315 MCFApr 2026
Orand Gas Unit No. 1Freestone County, TX1 BBLs6,646 MCFApr 2026
PatrickFreestone County, TX0 BBLs0 MCFSep 2025
Reed Hugh AFreestone County, TX2 BBLs4,973 MCFApr 2026
Terry B No. 1 Gas UnitFreestone County, TX5 BBLs9,181 MCFApr 2026
Willard Gas Unit NoFreestone County, TX34 BBLs25,157 MCFApr 2026
WillifordFreestone County, TX6 BBLs20,649 MCFApr 2026

Companies in the Area

These are the closest 20 companies operating near the Reed Hugh D. No. 1 Gas Unit property.

Company Name
Apache Corporation
Bledsoe Petro Corporation
Buffco Production, Inc.
Burk Royalty Co., LTD.
Diversified Production LLC
El Paso Production Company
Enron Oil & Gas Company
Estate Oil & Gas Corp.
Hilcorp Energy Company
Jay Management Company LLC
Marathon Oil Company
Old Union Operating Company
Proline Energy Resources Inc
Reserve Management, Inc.
Roach, R. Byron Trustee
SM Operating Company LLC
Sonat Exploration Company -Tyler
Stroud Petroleum, Inc.
Valence Operating Company
XTO Energy Inc.

Frac'ing activity on Reed Hugh D. No. 1 Gas Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-161-34756Hugh Reed 1-7
42-161-34756Hugh Reed 1-7

Owners of Reed Hugh D. No. 1 Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (03)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (07)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (06)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (01)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (08)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (04)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (02)HILCORP ENERGY CO
2025SISTRUNK JOHN DAVID JR LLCREED HUGH D 1 G/U (03)HILCORP ENERGY CO
Displaying 8 of 452 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Hugh D. No. 1 Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-134307REED HUGH D. NO. 1 GAS UNIT 1Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Feb 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Feb 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Feb 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Jan 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Jan 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Jan 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Dec 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Dec 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Dec 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Dec 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Dec 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Dec 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Dec 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY