Step

Oil & Gas Property in Gray County, TX

Property Summary

Key data points for Step

CountyGray County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production19,487 BBLs
Total Gas Production490,048 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production538 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Step

ShaleAssessment

$1,827 *

MarketMultiple

$2,274 **

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

Based on a decimal interest

Step Production Graph

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

Wells on Step

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-179-31545STEP 3PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.365670-101.039150
42-179-31995STEP A 1PHILLIPS PETROLEUM COMPANYPlugged Oil WellGray County, TX35.363712-101.041326
42-179-80331STEP 1BCE-MACH III LLCProducingGray County, TX35.365052-101.036558

Leases included in Step

Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-025149STEP 1BCE-MACH III LLCGray County, TX
10-05631STEPCONOCOPHILLIPS COMPANYGray County, TX
10-06759STEP APHILLIPS PETROLEUM COMPANYGray County, TX

Nearby Properties

These are the closest 20 properties to the Step property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonGray County, TX0 BBLs533 MCFMar 2026
Anderson ClarenceGray County, TX0 BBLs0 MCFJan 2016
AnnieGray County, TX117 BBLs135 MCFMar 2026
BaggermanGray County, TX0 BBLs0 MCFAug 2023
BettyGray County, TX0 BBLs0 MCFNov 2018
BlakeGray County, TX483 BBLs0 MCFMar 2026
BooneGray County, TX0 BBLs689 MCFMar 2026
BrownGray County, TX0 BBLs0 MCFMar 2020
CassieGray County, TX0 BBLs0 MCFJan 2026
DorothyGray County, TX0 BBLs657 MCFMar 2026
DossGray County, TX0 BBLs0 MCFApr 2020
EakinGray County, TX0 BBLs933 MCFMar 2026
HexterGray County, TX0 BBLs2,558 MCFMar 2026
KaylaGray County, TX0 BBLs522 MCFMar 2026
LaddGray County, TX0 BBLs0 MCFAug 2018
LehmanGray County, TX0 BBLs401 MCFMar 2026
PanhandleGray County, TX0 BBLs0 MCFMar 2026
PattulloGray County, TX0 BBLs0 MCFJun 2022
UrbanczykGray County, TX0 BBLs575 MCFMar 2026
UrbanczykGray County, TX0 BBLs0 MCFAug 2025

Owners of Step

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BCE-MACH III LLC (MIN)STEP #1BCE-MACH III LLC
2025SAYER ANN RSTEP #1BCE-MACH III LLC
2025STEPHENS JOHN LAWRY ESTATSTEP #1BCE-MACH III LLC
2025HESSE STEPHEN DOWTYSTEP #1BCE-MACH III LLC
2025SMITH KAREN HESSESTEP #1BCE-MACH III LLC

Oil & Gas Sales on Step

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-025149STEP 1Feb 2026BCE-MACH III LLC
10-025149STEP 1Feb 2026BCE-MACH III LLC
10-025149STEP 1Jan 2026BCE-MACH III LLC
10-025149STEP 1Jan 2026BCE-MACH III LLC
10-025149STEP 1Dec 2025BCE-MACH III LLC
10-025149STEP 1Dec 2025BCE-MACH III LLC
10-025149STEP 1Dec 2025BCE-MACH III LLCBCE-MACH III LLC
10-025149STEP 1Nov 2025BCE-MACH III LLC
10-025149STEP 1Nov 2025BCE-MACH III LLC
10-025149STEP 1Oct 2025BCE-MACH III LLC
10-025149STEP 1Oct 2025BCE-MACH III LLC
10-025149STEP 1Aug 2025BCE-MACH III LLC
10-025149STEP 1Aug 2025BCE-MACH III LLC
10-025149STEP 1Jul 2025BCE-MACH III LLC
10-025149STEP 1Jul 2025BCE-MACH III LLC
10-025149STEP 1Jun 2025BCE-MACH III LLC
10-025149STEP 1Jun 2025BCE-MACH III LLC
10-025149STEP 1May 2025BCE-MACH III LLC
10-025149STEP 1May 2025BCE-MACH III LLC
10-025149STEP 1Apr 2025BCE-MACH III LLC
10-025149STEP 1Apr 2025BCE-MACH III LLC
10-025149STEP 1Mar 2025BCE-MACH III LLC
10-025149STEP 1Mar 2025BCE-MACH III LLC
10-025149STEP 1Feb 2025BCE-MACH III LLC
10-025149STEP 1Feb 2025BCE-MACH III LLC