Oil & Gas Property in Hidalgo County, TX
Key data points for Bales Gas Unit
| County | Hidalgo County, TX |
|---|---|
| Operator | MERIT ENERGY COMPANY |
| Production Dates | Apr 1997 - Jan 2024 |
| Total Oil Production | 206,238 BBLs |
| Total Gas Production | 11,068,808 MCF |
| Recent Oil Production | 950 BBLs in Dec 2023 |
| Recent Gas Production | 41,465 MCF in Dec 2023 |
| Wells on Property | 5 |
Our Valuation Estimates for Bales Gas Unit
ShaleAssessment™
$37,168 *
MarketMultiple™
$138,609 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 15 properties to the Bales Gas Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Belle Ferguson G | Hidalgo County, TX | 22 BBLs | 3,972 MCF | Jan 2024 |
| Doffing Mary Bell Et Al 1 | Hidalgo County, TX | 2 BBLs | 215 MCF | Jan 2024 |
| Dominguez Maximo | Hidalgo County, TX | 13 BBLs | 1,433 MCF | Jan 2024 |
| El Texano | Hidalgo County, TX | 0 BBLs | 2,941 MCF | Jan 2024 |
| Houston | Hidalgo County, TX | 0 BBLs | 917 MCF | Jan 2024 |
| Jancik | Hidalgo County, TX | 0 BBLs | 706 MCF | Jan 2024 |
| Keirn Pearl | Hidalgo County, TX | 1 BBLs | 611 MCF | Jan 2024 |
| Lepovitz Gas Unit | Hidalgo County, TX | 0 BBLs | 433 MCF | Jan 2024 |
| McAllen Fieldwide Unit | Hidalgo County, TX | 923 BBLs | 122,185 MCF | Jan 2024 |
| Pate Gas Unit 1 | Hidalgo County, TX | 0 BBLs | 2,067 MCF | Jan 2024 |
| Pharr Fieldwide Unit | Hidalgo County, TX | 595 BBLs | 62,996 MCF | Jan 2024 |
| Robinette J. C | Hidalgo County, TX | 0 BBLs | 0 MCF | Apr 2016 |
| Savage Unit | Hidalgo County, TX | 18 BBLs | 455 MCF | Jan 2024 |
| Theser Gas Unit | Hidalgo County, TX | 0 BBLs | 0 MCF | Jan 2024 |
| William E. Beane Gu 2 | Hidalgo County, TX | 0 BBLs | 0 MCF | Dec 2015 |
These are the closest 19 companies operating near the Bales Gas Unit property.