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 - Sep 2025
Total Oil Production1,726 BBLs
Total Gas Production7,650,878 MCF
Recent Oil Production3 BBLs in Aug 2025
Recent Gas Production15,912 MCF in Aug 2025
Wells on Property7

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

ShaleAssessment™

$33,046 *

MarketMultiple™

$72,468 **

* 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 Sep 2025

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 BBLs2,504 MCFAug 2025
C. N. WillifordFreestone County, TX4 BBLs5,513 MCFSep 2025
CameronFreestone County, TX0 BBLs145 MCFSep 2025
CappsFreestone County, TX0 BBLs339 MCFAug 2025
City Of FairfieldFreestone County, TX5 BBLs5,843 MCFSep 2025
ColemanFreestone County, TX0 BBLs376 MCFAug 2025
Hill F. E. IIIFreestone County, TX13 BBLs12,395 MCFSep 2025
Hugh Reed AFreestone County, TX0 BBLs3,006 MCFSep 2025
Jones L.VFreestone County, TX0 BBLs20,321 MCFSep 2025
L. V. Jones Gas UnitFreestone County, TX0 BBLs5,549 MCFSep 2025
MartinFreestone County, TX0 BBLs2,102 MCFAug 2025
McMichaelFreestone County, TX3 BBLs21,080 MCFSep 2025
Moody EstateFreestone County, TX7 BBLs11,137 MCFSep 2025
OrandFreestone County, TX8 BBLs18,226 MCFSep 2025
Orand Gas Unit No. 1Freestone County, TX0 BBLs9,018 MCFSep 2025
PatrickFreestone County, TX0 BBLs176 MCFSep 2025
Reed Hugh AFreestone County, TX3 BBLs3,216 MCFSep 2025
Terry B No. 1 Gas UnitFreestone County, TX4 BBLs8,517 MCFSep 2025
Willard Gas Unit NoFreestone County, TX44 BBLs26,789 MCFSep 2025
WillifordFreestone County, TX10 BBLs20,701 MCFSep 2025

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 1Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Mar 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Mar 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Mar 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Feb 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-244689REED HUGH D. NO. 1 GAS UNIT 6Feb 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-226939REED HUGH D. NO. 1 GAS UNIT 4Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-228513REED HUGH D. NO. 1 GAS UNIT 3Jan 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-237736REED HUGH D. NO. 1 GAS UNIT 8Jan 2025ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-266201REED HUGH D. NO. 1 GAS UNIT 7Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-134307REED HUGH D. NO. 1 GAS UNIT 1Dec 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY