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 - Apr 2025
Total Oil Production210,161 BBLs
Total Gas Production11,551,004 MCF
Recent Oil Production126 BBLs in Mar 2025
Recent Gas Production31,275 MCF in Mar 2025
Wells on Property5

Our Valuation Estimates for Bales Gas Unit

ShaleAssessment

$27,006 *

MarketMultiple

$134,314 **

* 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 Apr 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 16 properties to the Bales Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Belle Ferguson GHidalgo County, TX21 BBLs3,024 MCFApr 2025
Doffing Mary Bell Et Al 1Hidalgo County, TX5 BBLs553 MCFApr 2025
Dominguez MaximoHidalgo County, TX0 BBLs1,271 MCFApr 2025
El TexanoHidalgo County, TX0 BBLs3,810 MCFApr 2025
HoustonHidalgo County, TX0 BBLs545 MCFApr 2025
JancikHidalgo County, TX0 BBLs1,022 MCFApr 2025
Keirn PearlHidalgo County, TX2 BBLs1,490 MCFApr 2025
Lepovitz Gas UnitHidalgo County, TX0 BBLs774 MCFApr 2025
McAllen Fieldwide UnitHidalgo County, TX1,101 BBLs129,262 MCFApr 2025
Pate Gas Unit 1Hidalgo County, TX0 BBLs2,480 MCFApr 2025
Pharr Fieldwide UnitHidalgo County, TX1,152 BBLs68,020 MCFApr 2025
Rawhide 1Hidalgo County, TX42 BBLs6,180 MCFApr 2025
Robinette, J.CHidalgo County, TX0 BBLs0 MCFApr 2016
Savage UnitHidalgo County, TX1 BBLs320 MCFApr 2025
Theser Gas UnitHidalgo County, TX0 BBLs60 MCFApr 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
2024MORRIS STERLINGBALES GAS UNITMERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYBALES GAS UNITMERIT ENERGY COMPANY
2024GRIESBACH JOHN PBALES GAS UNITMERIT ENERGY COMPANY
2024EXEMPT-HIDALGO CTY IRRGA #2BALES GAS UNITMERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYBALES UNIT W-4MERIT ENERGY COMPANY
2024TLS PROPERTIES LTDBALES GAS UNITMERIT ENERGY COMPANY
2024MEYERHOFF FAMILY TRUSTBALES GAS UNITMERIT ENERGY COMPANY
2024HILCORP ENERGY DEVELOPMENT LPBALES GAS UNITMERIT ENERGY COMPANY
Displaying 8 of 413 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