Lehman

Oil & Gas Property in Gray County, TX

  2. Texas
  3. Gray County, TX
  4. Oil & Gas Properties in Gray County, TX
  5. Lehman Oil & Gas Property

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Property Summary

Key data points for Lehman

CountyGray County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production5,459 BBLs
Total Gas Production457,028 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production401 MCF in Feb 2026
Wells on Property8

Our Valuation Estimates for Lehman

ShaleAssessment™

$901 *

MarketMultiple™

$2,228 **

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

Based on a decimal interest

Lehman Production Graph

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

Wells on Lehman

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-179-04728LEHMAN 1BCE-MACH III LLCPlugged Oil WellGray County, TX35.394700-101.036813
42-179-04729LEHMAN 2BCE-MACH III LLCProducingGray County, TX35.396411-101.034539
42-179-30759LEHMAN 4PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.392916-101.038962
42-179-30852LEHMAN 5BCE-MACH III LLCShut InGray County, TX35.389062-101.039154
42-179-30877LEHMAN 6PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.389277-101.043362
42-179-30899LEHMAN 7PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.392638-101.043245
42-179-30910LEHMAN 8PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.396329-101.043136
42-179-31425LEHMAN 9PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.396441-101.038646

Leases included in Lehman

Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-00481LEHMANBCE-MACH III LLCGray County, TX
10-025002LEHMAN 2BCE-MACH III LLCGray County, TX

Operators Associated With Lehman

Nearby Properties

These are the closest 20 properties to the Lehman property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BellGray County, TX0 BBLs396 MCFMar 2026
BooneGray County, TX0 BBLs689 MCFMar 2026
BurkeGray County, TX13 BBLs1,449 MCFMar 2026
CassieGray County, TX0 BBLs0 MCFJan 2026
ClayGray County, TX0 BBLs519 MCFMar 2026
Clay Bass EGray County, TX0 BBLs0 MCFJan 2017
DorothyGray County, TX0 BBLs657 MCFMar 2026
EakinGray County, TX0 BBLs933 MCFMar 2026
GatsyGray County, TX0 BBLs418 MCFMar 2026
HerberGray County, TX0 BBLs29 MCFMar 2026
HexterGray County, TX0 BBLs2,558 MCFMar 2026
KaylaGray County, TX0 BBLs522 MCFMar 2026
LaddGray County, TX0 BBLs0 MCFAug 2018
MajorGray County, TX4 BBLs222 MCFMar 2026
McKnightGray County, TX0 BBLs86 MCFMar 2026
ReadGray County, TX12 BBLs0 MCFFeb 2026
SheridanGray County, TX0 BBLs764 MCFMar 2026
StepGray County, TX0 BBLs538 MCFMar 2026
ThomasGray County, TX0 BBLs0 MCFAug 2025
UrbanczykGray County, TX0 BBLs575 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Lehman property.

Company Name
6a Production
Bce-Mach III LLC
Conoco Inc
ConocoPhillips Company
Dalf Energy LLC
Harken Exploration Company
Henry Paul Petroleum, LLC
Large Operating LLC
McClelland Creek Properties,Inc.
O'Neal Cattle Co.
Oilwell Operators, Inc.
Pantera Energy Company
Petco Energy Corporation
Phillips Petroleum Company
Ponderosa TX Operating LLC
S & W Oil & Gas, LLC
Service Drilling Co.
The Operating Co.
Watkins, J. B.
Williams, W. R., Inc.

Owners of Lehman

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BCE-MACH III LLC (MIN)LEHMAN #2BCE-MACH III LLC
2025BHCH MINERAL LTDLEHMAN #2BCE-MACH III LLC
2025BCE-MACH III LLC (MIN)LEHMANBCE-MACH III LLC
2025FRAZIER JOANNLEHMAN #2BCE-MACH III LLC
2025LEHMAN GREGORY & TAMMERALEHMAN #2BCE-MACH III LLC
2025LEHMAN JOHN WLEHMAN #2BCE-MACH III LLC
2025CASSIDENTE CAROLYNLEHMAN #2BCE-MACH III LLC
2025MCPHERSON COLLEGELEHMAN #2BCE-MACH III LLC
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Lehman

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-025002LEHMAN 2Feb 2026BCE-MACH III LLC
10-025002LEHMAN 2Feb 2026BCE-MACH III LLC
10-025002LEHMAN 2Jan 2026BCE-MACH III LLC
10-025002LEHMAN 2Jan 2026BCE-MACH III LLC
10-025002LEHMAN 2Dec 2025BCE-MACH III LLC
10-025002LEHMAN 2Dec 2025BCE-MACH III LLCBCE-MACH III LLC
10-025002LEHMAN 2Dec 2025BCE-MACH III LLC
10-025002LEHMAN 2Nov 2025BCE-MACH III LLC
10-025002LEHMAN 2Nov 2025BCE-MACH III LLC
10-025002LEHMAN 2Oct 2025BCE-MACH III LLC
10-025002LEHMAN 2Oct 2025BCE-MACH III LLC
10-025002LEHMAN 2Sep 2025BCE-MACH III LLC
10-025002LEHMAN 2Sep 2025BCE-MACH III LLC
10-025002LEHMAN 2Aug 2025BCE-MACH III LLC
10-025002LEHMAN 2Aug 2025BCE-MACH III LLC
10-025002LEHMAN 2Jul 2025BCE-MACH III LLC
10-025002LEHMAN 2Jul 2025BCE-MACH III LLC
10-025002LEHMAN 2Jun 2025BCE-MACH III LLC
10-025002LEHMAN 2Jun 2025BCE-MACH III LLC
10-025002LEHMAN 2May 2025BCE-MACH III LLC
10-025002LEHMAN 2May 2025BCE-MACH III LLC
10-025002LEHMAN 2Apr 2025BCE-MACH III LLC
10-025002LEHMAN 2Apr 2025BCE-MACH III LLC
10-025002LEHMAN 2Mar 2025BCE-MACH III LLC
10-025002LEHMAN 2Mar 2025BCE-MACH III LLC