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 - Jun 2026
Total Oil Production1,767 BBLs
Total Gas Production7,781,126 MCF
Recent Oil Production6 BBLs in May 2026
Recent Gas Production14,680 MCF in May 2026
Wells on Property7

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

ShaleAssessment™

$29,699 *

MarketMultiple™

$77,739 **

* 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 Jun 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 BBLs2,993 MCFJun 2026
C. N. WillifordFreestone County, TX2 BBLs4,939 MCFJun 2026
CameronFreestone County, TX0 BBLs301 MCFJun 2026
CappsFreestone County, TX0 BBLs257 MCFJun 2026
City Of FairfieldFreestone County, TX3 BBLs4,728 MCFJun 2026
ColemanFreestone County, TX0 BBLs292 MCFJun 2026
Hill F. E. IIIFreestone County, TX4 BBLs11,516 MCFJun 2026
Hugh Reed AFreestone County, TX2 BBLs1,900 MCFJun 2026
Jones L.VFreestone County, TX0 BBLs13,908 MCFJun 2026
L. V. Jones Gas UnitFreestone County, TX0 BBLs5,230 MCFJun 2026
MartinFreestone County, TX0 BBLs1,616 MCFJun 2026
McMichaelFreestone County, TX6 BBLs39,800 MCFJun 2026
Moody EstateFreestone County, TX3 BBLs9,889 MCFJun 2026
OrandFreestone County, TX11 BBLs19,590 MCFJun 2026
Orand Gas Unit No. 1Freestone County, TX2 BBLs9,165 MCFJun 2026
PatrickFreestone County, TX0 BBLs0 MCFSep 2025
Reed Hugh AFreestone County, TX2 BBLs5,368 MCFJun 2026
Terry B No. 1 Gas UnitFreestone County, TX4 BBLs7,521 MCFJun 2026
Willard Gas Unit NoFreestone County, TX37 BBLs24,874 MCFJun 2026
WillifordFreestone County, TX6 BBLs20,739 MCFJun 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
2026HILCORP ENERGY COMPANYREED HUGH D 1 G/U (06)HILCORP ENERGY CO
2026HILCORP ENERGY COMPANYREED HUGH D 1 G/U (07)HILCORP ENERGY CO
2026HILCORP ENERGY COMPANYREED HUGH D 1 G/U (03)HILCORP ENERGY CO
2026SISTRUNK JOHN DAVID JR LLCREED HUGH D 1 G/U (06)HILCORP ENERGY CO
2026HILCORP ENERGY COMPANYREED HUGH D 1 G/U (08)HILCORP ENERGY CO
2026HILCORP ENERGY COMPANYREED HUGH D 1 G/U (01)HILCORP ENERGY CO
2026HILCORP ENERGY COMPANYREED HUGH D 1 G/U (04)HILCORP ENERGY CO
2026CIRCLE-S ENERGY LLCREED HUGH D 1 G/U (06)HILCORP ENERGY CO
Displaying 8 of 480 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 1May 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4May 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3May 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3May 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8May 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8May 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6May 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6May 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7May 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Apr 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Apr 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Apr 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Apr 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Apr 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Apr 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Apr 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Apr 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7Apr 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Mar 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Mar 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Mar 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Mar 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Mar 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Mar 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Mar 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY