Hestand

Oil & Gas Property in Gregg County, TX

  2. Texas
  3. Gregg County, TX
  4. Oil & Gas Properties in Gregg County, TX
  5. Hestand Oil & Gas Property

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Property Summary

Key data points for Hestand

CountyGregg County, TX
OperatorBASA RESOURCES, INC.
Production DatesJan 1993 - Jan 2025
Total Oil Production44,664 BBLs
Total Gas Production9,628 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property10

Our Valuation Estimates for Hestand

ShaleAssessment™

$1,241 *

MarketMultiple™

$451 **

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

Based on a decimal interest

Hestand Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hestand
from Jan 1993 to Jan 2025

Wells on Hestand

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-183-02636HESTAND -B- 3BASA RESOURCES, INC.Plugged Oil WellGregg County, TX32.559182-94.803249
42-183-81737HESTAND -B- 1BASA RESOURCES, INC.ProducingGregg County, TX32.562017-94.801481
42-183-81738HESTAND -B- 2BASA RESOURCES, INC.Plugged Oil WellGregg County, TX32.562082-94.803462
42-183-81740HESTAND -B- 4BASA RESOURCES, INC.Plugged Oil WellGregg County, TX32.559423-94.801452
42-183-81741HESTAND -B- 5BASA RESOURCES, INC.Plugged Oil WellGregg County, TX32.561154-94.801572
42-183-81742HESTAND -B- 6BASA RESOURCES, INC.ProducingGregg County, TX32.558665-94.801978
42-183-81743HESTAND -B- 7BASA RESOURCES, INC.Plugged Oil WellGregg County, TX32.560025-94.802109
42-183-81744HESTAND -B- 8BASA RESOURCES, INC.ProducingGregg County, TX32.560714-94.803685
42-183-81745HESTAND -B- 9BASA RESOURCES, INC.Plugged Oil WellGregg County, TX32.559811-94.803238
42-183-89267HESTAND 1B H M OPERATING CO.Plugged Oil WellGregg County, TX32.559276-94.801110

Leases included in Hestand

Lease #Lease NameOperatorCounty
6E-06373HESTAND -B-BASA RESOURCES, INC.Gregg County, TX
6E-08334HESTANDB H M OPERATING CO.Gregg County, TX

Nearby Properties

These are the closest 20 properties to the Hestand property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderGregg County, TX383 BBLs1,872 MCFSep 2025
CastleberryGregg County, TX553 BBLs9,174 MCFSep 2025
Chapel ElmiraGregg County, TX0 BBLs0 MCFSep 2024
DavisGregg County, TX0 BBLs0 MCFSep 2024
Davis Gas Unit EGregg County, TX3 BBLs5,342 MCFSep 2025
Denson Ike R/AGregg County, TX0 BBLs0 MCFJan 2025
DollahiteGregg County, TX0 BBLs0 MCFJul 2025
FentonGregg County, TX0 BBLs0 MCFAug 2015
HarleyGregg County, TX176 BBLs43 MCFSep 2025
Harrison P.D. C-1 Gas UnitGregg County, TX0 BBLs2,312 MCFSep 2025
KillingsworthGregg County, TX218 BBLs4,957 MCFSep 2025
LathropGregg County, TX956 BBLs1,223 MCFSep 2025
Lee -BGregg County, TX71 BBLs0 MCFSep 2025
Lee AnnieGregg County, TX104 BBLs52 MCFSep 2025
MagrillGregg County, TX107 BBLs0 MCFSep 2025
McGredeGregg County, TX13 BBLs118 MCFSep 2025
McKinleyGregg County, TX1,201 BBLs6,776 MCFSep 2025
Tenery G. B.(Texaco)Gregg County, TX0 BBLs0 MCFMar 2025
TubbsGregg County, TX0 BBLs0 MCFFeb 2023
WalkerGregg County, TX0 BBLs0 MCFMar 2019

Companies in the Area

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

Company Name
4-Sight Operating Company
Amoco Production Company
Amplify Energy Operating LLC
Arco Oil & Gas Company
Basa Resources, Inc.
Cook Exploration Co.
Craton Operating LLC
Dallas Production Company LLC
Dallas Production, Inc.
Danmark Energy Services, Inc.
Dyersdale Energy, L.P.
Exxon Mobil Corporation
Key Production Company, Inc.
Linder, John Operating Co., LLC
Miken Oil, Inc.
Neches Exploration, L.L.C.
Oxy USA Inc
Powell, Gene Investments, Inc.
Roach, R. Byron Trustee
Texaco E & P Inc.

Owners of Hestand

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BASA RESOURCES INCHESTAND -B-BASA RESOURCES
2025DAVIS DARLENE CHAPMANHESTAND -B-BASA RESOURCES
2025BLACK STONE MINERALS COMPANY LPHESTAND -B-BASA RESOURCES
2025SADLER LINDA HESTANDHESTAND -B-BASA RESOURCES
2025BOTKIN PAULA HESTANDHESTAND -B-BASA RESOURCES
2025LAMBERT TRACIHESTAND -B-BASA RESOURCES
2025HESTAND STEPHENHESTAND -B-BASA RESOURCES
2025ERCK ANN MCGILLHESTAND -B-BASA RESOURCES
Displaying 8 of 62 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Hestand

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
6E-06373HESTAND -B-Jan 2025PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Dec 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Oct 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Jun 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-May 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Dec 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Nov 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Sep 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Aug 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Jul 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Jun 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-May 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Apr 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Mar 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Nov 2022PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Sep 2022PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Jul 2022PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-May 2022PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Mar 2022PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Jan 2022PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Oct 2021PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Aug 2021PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Dec 2020PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Mar 2020PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-06373HESTAND -B-Jan 2020PLAINS MARKETING, L.P.BASA RESOURCES, INC.