Gerdes Development Co

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Gerdes Development Co

CountyLee County, TX
OperatorERNEST OPERATING COMPANY
Production DatesJan 1993 - Jan 2026
Total Oil Production72,056 BBLs
Total Gas Production98,891 MCF
Recent Oil Production104 BBLs in Dec 2025
Recent Gas Production411 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Gerdes Development Co

ShaleAssessment

$2,346 *

MarketMultiple

$12,529 **

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

Based on a decimal interest

Gerdes Development Co Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gerdes Development Co
from Jan 1993 to Jan 2026

Wells on Gerdes Development Co

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30066GERDES DEVELOPMENT CO. INC. 1ERNEST OPERATING COMPANYProducingLee County, TX30.526298-96.924658
42-287-30207GERDES DEVELOPMENT CO. INC. 2ERNEST OPERATING COMPANYProducingLee County, TX30.525239-96.928245
42-287-30285GERDES DEVELOPMENT CO. INC. 3ERNEST OPERATING COMPANYProducingLee County, TX30.529299-96.927256
42-287-32501GERDES DEVELOPMENT CO. 4ERNEST OPERATING COMPANYProducingLee County, TX30.528121-96.930262

Leases included in Gerdes Development Co

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-11427GERDES DEVELOPMENT CO., INC.ERNEST OPERATING COMPANYLee County, TX
03-23614GERDES DEVELOPMENT CO.ERNEST OPERATING COMPANYLee County, TX

Nearby Properties

These are the closest 20 properties to the Gerdes Development Co property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alford JBurleson County, TX45 BBLs0 MCFDec 2025
BrownLee County, TX31 BBLs0 MCFJan 2026
Brown-Runnels UnitLee County, TX49 BBLs0 MCFJan 2026
GuthrieLee County, TX0 BBLs0 MCFMar 2025
Henry ShephardBurleson County, TX0 BBLs237 MCFJan 2026
HodgeLee County, TX19 BBLs0 MCFJan 2026
LinaBurleson County, TX44 BBLs0 MCFJan 2026
MortonBurleson County, TX128 BBLs0 MCFJan 2026
NoackLee County, TX57 BBLs0 MCFJan 2026
OwensLee County, TX46 BBLs0 MCFJan 2026
PearsonBurleson County, TX78 BBLs121 MCFJan 2026
PerryLee County, TX45 BBLs0 MCFJan 2026
Praesel, ABurleson County, TX0 BBLs0 MCFJun 2025
Richards L.CLee County, TX69 BBLs0 MCFJan 2026
Shephard HenryBurleson County, TX22 BBLs12 MCFJan 2026
Sun-WillardBurleson County, TX27 BBLs13 MCFJan 2026
TarwaterLee County, TX707 BBLs249 MCFJan 2026
WillardBurleson County, TX79 BBLs218 MCFJan 2026
WillardBurleson County, TX237 BBLs0 MCFDec 2025
Willard & WilliamsBurleson County, TX69 BBLs0 MCFJan 2026

Owners of Gerdes Development Co

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025ERNEST OPERATING COMPANYGERDES DEVLPMNT CO INC #1-3ERNEST OPERATING CO
2025ERNEST OPERATING COMPANYGERDES DEVELOPMENT CO #4ERNEST OPERATING CO
2025GERDES GARDAN LGERDES DEVLPMNT CO INC #1-3ERNEST OPERATING CO
2025GERDES GARY WGERDES DEVLPMNT CO INC #1-3ERNEST OPERATING CO
2025KUBESCH BETTY LOU GERDESGERDES DEVLPMNT CO INC #1-3ERNEST OPERATING CO
2025GERDES GARDAN LGERDES DEVELOPMENT CO #4ERNEST OPERATING CO
2025GERDES GARY WGERDES DEVELOPMENT CO #4ERNEST OPERATING CO
2025KUBESCH BETTY LOU GERDESGERDES DEVELOPMENT CO #4ERNEST OPERATING CO
Displaying 8 of 14 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gerdes Development Co

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-23614GERDES DEVELOPMENT CO.Dec 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Nov 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Nov 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Nov 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Oct 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Oct 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Sep 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Sep 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Sep 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Aug 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Aug 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Jul 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jul 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jul 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Jun 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jun 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.May 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.May 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Apr 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Apr 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Apr 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Mar 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Mar 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Mar 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Feb 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY