Hessey 1

Gas Property in Gray County, TX

Property Summary

Key data points for Hessey 1

CountyGray County, TX
Production DatesJan 1993 - Jul 2025
Total Oil Production0 BBLs
Total Gas Production249,704 MCF
Recent Oil Production0 BBLs in Jun 2025
Recent Gas Production405 MCF in Jun 2025
Wells on Property2

Our Valuation Estimates for Hessey 1

ShaleAssessment

$1,101 *

MarketMultiple

$1,790 **

* 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 Jul 2025

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 BBLs1,666 MCFJul 2025
DarseyGray County, TX0 BBLs5,870 MCFJul 2025
GlassGray County, TX0 BBLs2,746 MCFJul 2025
GriffinGray County, TX0 BBLs1,436 MCFJul 2025
JohnsonGray County, TX148 BBLs2,579 MCFJul 2025
JohnsonGray County, TX15 BBLs700 MCFJul 2025
Johnson RGray County, TX0 BBLs706 MCFJul 2025
Kirby-McConnellGray County, TX0 BBLs440 MCFJul 2025
McKinnonGray County, TX0 BBLs612 MCFJul 2025
MoremanGray County, TX0 BBLs1,752 MCFJul 2025
Olcott H. WGray County, TX0 BBLs996 MCFJul 2025
ParkerGray County, TX1,335 BBLs6,348 MCFJul 2025
ReevesGray County, TX0 BBLs863 MCFJul 2025
StubbsGray County, TX0 BBLs1,885 MCFJul 2025
TaylorGray County, TX456 BBLs2,677 MCFJul 2025
Taylor RanchGray County, TX0 BBLs2,311 MCFJul 2025
Taylor RanchGray County, TX139 BBLs32,715 MCFJul 2025
Word, A. BGray County, TX0 BBLs498 MCFJul 2025
YoesGray County, TX0 BBLs3,141 MCFJul 2025
ZuebGray County, TX0 BBLs2,696 MCFJul 2025

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 1RMar 2025BCE-MACH III LLC
10-171272HESSEY 1RMar 2025BCE-MACH III LLC
10-171272HESSEY 1RFeb 2025BCE-MACH III LLC
10-171272HESSEY 1RFeb 2025BCE-MACH III LLC
10-171272HESSEY 1RJan 2025BCE-MACH III LLC
10-171272HESSEY 1RJan 2025BCE-MACH III LLC
10-171272HESSEY 1RDec 2024BCE-MACH III LLC
10-171272HESSEY 1RDec 2024BCE-MACH III LLC
10-171272HESSEY 1RNov 2024BCE-MACH III LLC
10-171272HESSEY 1RNov 2024BCE-MACH III LLC
10-171272HESSEY 1ROct 2024BCE-MACH III LLC
10-171272HESSEY 1ROct 2024BCE-MACH III LLC
10-171272HESSEY 1RSep 2024BCE-MACH III LLC
10-171272HESSEY 1RSep 2024BCE-MACH III LLC
10-171272HESSEY 1RAug 2024BCE-MACH III LLC
10-171272HESSEY 1RAug 2024BCE-MACH III LLC
10-171272HESSEY 1RJul 2024BCE-MACH III LLC
10-171272HESSEY 1RJul 2024BCE-MACH III LLC
10-171272HESSEY 1RJun 2024BCE-MACH III LLC
10-171272HESSEY 1RJun 2024BCE-MACH III LLC
10-171272HESSEY 1RMay 2024BCE-MACH III LLC
10-171272HESSEY 1RMay 2024BCE-MACH III LLC
10-171272HESSEY 1RApr 2024BCE-MACH III LLC
10-171272HESSEY 1RApr 2024BCE-MACH III LLC
10-171272HESSEY 1RMar 2024BCE-MACH III LLC