Hessey 1

Gas Property in Gray County, TX

Property Summary

Key data points for Hessey 1

CountyGray County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production0 BBLs
Total Gas Production253,050 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production376 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Hessey 1

ShaleAssessment

$997 *

MarketMultiple

$2,239 **

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

Based on a decimal interest

Hessey 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hessey 1
from Jan 1993 to Mar 2026

Wells on Hessey 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-179-01087HESSEY 1PHILLIPS PETROLEUM COMPANYPlugged Gas WellGray County, TX35.279686-100.809930
42-179-32360HESSEY 1RBCE-MACH III LLCProducingGray County, TX35.275702-100.797907

Leases included in Hessey 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-024901HESSEY 1PHILLIPS PETROLEUM COMPANYGray County, TX
10-171272HESSEY 1RBCE-MACH III LLCGray County, TX

Operators Associated With Hessey 1

Nearby Properties

These are the closest 20 properties to the Hessey 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AckermanGray County, TX0 BBLs1,387 MCFMar 2026
DarseyGray County, TX128 BBLs4,046 MCFMar 2026
GlassGray County, TX0 BBLs2,466 MCFMar 2026
GriffinGray County, TX0 BBLs1,514 MCFMar 2026
JohnsonGray County, TX15 BBLs2,916 MCFMar 2026
JohnsonGray County, TX67 BBLs165 MCFMar 2026
Johnson RGray County, TX0 BBLs666 MCFMar 2026
Kirby-McConnellGray County, TX0 BBLs321 MCFMar 2026
McKinnonGray County, TX0 BBLs529 MCFMar 2026
MoremanGray County, TX0 BBLs1,518 MCFMar 2026
Olcott H. WGray County, TX0 BBLs996 MCFMar 2026
ParkerGray County, TX1,092 BBLs4,028 MCFMar 2026
ReevesGray County, TX0 BBLs441 MCFMar 2026
StubbsGray County, TX0 BBLs1,822 MCFMar 2026
TaylorGray County, TX231 BBLs1,090 MCFMar 2026
Taylor RanchGray County, TX0 BBLs2,256 MCFMar 2026
Taylor RanchGray County, TX50 BBLs27,711 MCFMar 2026
Word, A. BGray County, TX0 BBLs457 MCFMar 2026
YoesGray County, TX0 BBLs2,700 MCFMar 2026
ZuebGray County, TX0 BBLs3,175 MCFFeb 2026

Owners of Hessey 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BCE-MACH III LLC (MIN)HESSEY #1RBCE-MACH III LLC
2025DOH OIL COMPANYHESSEY #1RBCE-MACH III LLC
2025HESSEY L FAYE ESTATEHESSEY #1RBCE-MACH III LLC
2025ROHDE ROBIN RENAEHESSEY #1RBCE-MACH III LLC
2025SPRADLING OIL INCHESSEY #1RBCE-MACH III LLC

Oil & Gas Sales on Hessey 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-171272HESSEY 1RFeb 2026BCE-MACH III LLC
10-171272HESSEY 1RFeb 2026BCE-MACH III LLC
10-171272HESSEY 1RJan 2026BCE-MACH III LLC
10-171272HESSEY 1RJan 2026BCE-MACH III LLC
10-171272HESSEY 1RDec 2025BCE-MACH III LLC
10-171272HESSEY 1RDec 2025BCE-MACH III LLCBCE-MACH III LLC
10-171272HESSEY 1RDec 2025BCE-MACH III LLC
10-171272HESSEY 1RNov 2025BCE-MACH III LLC
10-171272HESSEY 1RNov 2025BCE-MACH III LLC
10-171272HESSEY 1ROct 2025BCE-MACH III LLC
10-171272HESSEY 1ROct 2025BCE-MACH III LLC
10-171272HESSEY 1RSep 2025BCE-MACH III LLC
10-171272HESSEY 1RSep 2025BCE-MACH III LLC
10-171272HESSEY 1RAug 2025BCE-MACH III LLC
10-171272HESSEY 1RAug 2025BCE-MACH III LLC
10-171272HESSEY 1RJul 2025BCE-MACH III LLC
10-171272HESSEY 1RJul 2025BCE-MACH III LLC
10-171272HESSEY 1RJun 2025BCE-MACH III LLC
10-171272HESSEY 1RJun 2025BCE-MACH III LLC
10-171272HESSEY 1RMay 2025BCE-MACH III LLC
10-171272HESSEY 1RMay 2025BCE-MACH III LLC
10-171272HESSEY 1RApr 2025BCE-MACH III LLC
10-171272HESSEY 1RApr 2025BCE-MACH III LLC
10-171272HESSEY 1RMar 2025BCE-MACH III LLC
10-171272HESSEY 1RMar 2025BCE-MACH III LLC