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 - Feb 2026
Total Oil Production1,742 BBLs
Total Gas Production7,722,716 MCF
Recent Oil Production5 BBLs in Jan 2026
Recent Gas Production13,746 MCF in Jan 2026
Wells on Property7

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

ShaleAssessment™

$31,086 *

MarketMultiple™

$78,934 **

* 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 Feb 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, TX10 BBLs2,231 MCFFeb 2026
C. N. WillifordFreestone County, TX4 BBLs5,297 MCFFeb 2026
CameronFreestone County, TX0 BBLs288 MCFFeb 2026
CappsFreestone County, TX0 BBLs136 MCFFeb 2026
City Of FairfieldFreestone County, TX4 BBLs4,113 MCFFeb 2026
ColemanFreestone County, TX0 BBLs300 MCFFeb 2026
Hill F. E. IIIFreestone County, TX7 BBLs11,063 MCFFeb 2026
Hugh Reed AFreestone County, TX0 BBLs1,922 MCFFeb 2026
Jones L.VFreestone County, TX0 BBLs14,550 MCFFeb 2026
L. V. Jones Gas UnitFreestone County, TX0 BBLs5,454 MCFFeb 2026
MartinFreestone County, TX0 BBLs1,992 MCFFeb 2026
McMichaelFreestone County, TX16 BBLs55,043 MCFFeb 2026
Moody EstateFreestone County, TX3 BBLs10,000 MCFFeb 2026
OrandFreestone County, TX11 BBLs14,616 MCFFeb 2026
Orand Gas Unit No. 1Freestone County, TX3 BBLs8,601 MCFFeb 2026
PatrickFreestone County, TX0 BBLs0 MCFSep 2025
Reed Hugh AFreestone County, TX4 BBLs2,826 MCFFeb 2026
Terry B No. 1 Gas UnitFreestone County, TX3 BBLs8,548 MCFFeb 2026
Willard Gas Unit NoFreestone County, TX61 BBLs24,536 MCFFeb 2026
WillifordFreestone County, TX15 BBLs20,719 MCFFeb 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 (04)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED HUGH D 1 G/U (08)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