Bales Gas Unit

Oil & Gas Property in Hidalgo County, TX

Property Summary

Key data points for Bales Gas Unit

CountyHidalgo County, TX
OperatorMERIT ENERGY COMPANY
Production DatesApr 1997 - Jul 2025
Total Oil Production210,411 BBLs
Total Gas Production11,613,580 MCF
Recent Oil Production84 BBLs in Jun 2025
Recent Gas Production19,397 MCF in Jun 2025
Wells on Property5

Our Valuation Estimates for Bales Gas Unit

ShaleAssessment

$26,072 *

MarketMultiple

$136,925 **

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

Based on a decimal interest

Bales Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bales Gas Unit
from Apr 1997 to Jul 2025

Wells on Bales Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-215-32352BALES GAS UNIT 3MERIT ENERGY COMPANYTemp AbandonedHidalgo County, TX26.175802-98.232592
42-215-32404BALES GAS UNIT 4MERIT ENERGY COMPANYProducingHidalgo County, TX26.170630-98.225845
42-215-32464BALES GAS UNIT 5MERIT ENERGY COMPANYTemp AbandonedHidalgo County, TX26.175724-98.232498
42-215-32700BALES GAS UNIT 6MERIT ENERGY COMPANYTemp AbandonedHidalgo County, TX26.176908-98.233068
42-215-33923BALES GAS UNIT 7STMERIT ENERGY COMPANYProducingHidalgo County, TX26.175343-98.218662

Leases included in Bales Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-166723BALES GAS UNIT 4MERIT ENERGY COMPANYHidalgo County, TX
04-167512BALES GAS UNIT 3MERIT ENERGY COMPANYHidalgo County, TX
04-171559BALES GAS UNIT 5MERIT ENERGY COMPANYHidalgo County, TX
04-176243BALES GAS UNIT 6MERIT ENERGY COMPANYHidalgo County, TX
04-251874BALES GAS UNIT 7STMERIT ENERGY COMPANYHidalgo County, TX

Nearby Properties

These are the closest 15 properties to the Bales Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Belle Ferguson GHidalgo County, TX13 BBLs2,859 MCFJul 2025
Doffing Mary Bell Et Al 1Hidalgo County, TX5 BBLs487 MCFJul 2025
Dominguez MaximoHidalgo County, TX2 BBLs1,165 MCFJul 2025
El TexanoHidalgo County, TX0 BBLs4,431 MCFJul 2025
HoustonHidalgo County, TX0 BBLs735 MCFJul 2025
JancikHidalgo County, TX0 BBLs805 MCFJul 2025
Keirn PearlHidalgo County, TX1 BBLs1,425 MCFJul 2025
Lepovitz Gas UnitHidalgo County, TX0 BBLs1,100 MCFJul 2025
McAllen Fieldwide UnitHidalgo County, TX730 BBLs93,365 MCFJul 2025
Pate Gas Unit 1Hidalgo County, TX0 BBLs2,334 MCFJul 2025
Pharr Fieldwide UnitHidalgo County, TX530 BBLs48,785 MCFJul 2025
Robinette J. CHidalgo County, TX0 BBLs0 MCFApr 2016
Savage UnitHidalgo County, TX11 BBLs378 MCFJul 2025
Theser Gas UnitHidalgo County, TX0 BBLs42 MCFJul 2025
William E. Beane Gu 2Hidalgo County, TX0 BBLs0 MCFJan 2016

Frac'ing activity on Bales Gas Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-215-33923Bales GU #7

Owners of Bales Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MERIT ENERGY COMPANYBALES GAS UNITMERIT ENERGY COMPANY
2025MERIT ENERGY COMPANYBALES UNIT W-4MERIT ENERGY COMPANY
2025MORRIS STERLINGBALES GAS UNITMERIT ENERGY COMPANY
2025SOUTHWEST PETROLEUM COBALES GAS UNITMERIT ENERGY COMPANY
2025EXEMPT-HIDALGO CTY IRRGA #2BALES GAS UNITMERIT ENERGY COMPANY
2025TLS PROPERTIES LTDBALES GAS UNITMERIT ENERGY COMPANY
2025MEYERHOFF FAMILY TRUSTBALES GAS UNITMERIT ENERGY COMPANY
2025BLACK STONE MINERALS CO LPBALES GAS UNITMERIT ENERGY COMPANY
Displaying 8 of 412 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bales Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-166723BALES GAS UNIT 4Mar 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Mar 2025SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Mar 2025DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STMar 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STMar 2025SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STMar 2025DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Feb 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Feb 2025SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Feb 2025DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STFeb 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STFeb 2025SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STFeb 2025DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jan 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jan 2025SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Jan 2025DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJan 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJan 2025SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STJan 2025DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Dec 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Dec 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Dec 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STDec 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STDec 2024SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC
04-251874BALES GAS UNIT 7STDec 2024DCP OPERATING COMPANY, LPMERIT ENERGY COMPANY, LLC
04-166723BALES GAS UNIT 4Nov 2024MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC