Gerdes Development Co

Oil & Gas Property in Lee County, TX

  2. Texas
  3. Lee County, TX
  4. Oil & Gas Properties in Lee County, TX
  5. Gerdes Development Co Oil & Gas Property

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Property Summary

Key data points for Gerdes Development Co

CountyLee County, TX
OperatorERNEST OPERATING COMPANY
Production DatesJan 1993 - Mar 2026
Total Oil Production72,302 BBLs
Total Gas Production99,602 MCF
Recent Oil Production132 BBLs in Feb 2026
Recent Gas Production378 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Gerdes Development Co

ShaleAssessment™

$2,290 *

MarketMultiple™

$13,404 **

* 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 Mar 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, TX0 BBLs0 MCFDec 2025
BrownLee County, TX33 BBLs0 MCFMar 2026
Brown-Runnels UnitLee County, TX44 BBLs0 MCFMar 2026
GuthrieLee County, TX10 BBLs0 MCFMar 2026
Henry ShephardBurleson County, TX6 BBLs161 MCFMar 2026
HodgeLee County, TX17 BBLs0 MCFMar 2026
LinaBurleson County, TX39 BBLs0 MCFMar 2026
MortonBurleson County, TX45 BBLs0 MCFMar 2026
NoackLee County, TX97 BBLs6 MCFMar 2026
OwensLee County, TX25 BBLs0 MCFMar 2026
PearsonBurleson County, TX124 BBLs135 MCFMar 2026
PerryLee County, TX65 BBLs0 MCFMar 2026
Praesel, ABurleson County, TX0 BBLs0 MCFJun 2025
Richards L.CLee County, TX67 BBLs0 MCFMar 2026
Shephard HenryBurleson County, TX19 BBLs63 MCFMar 2026
Sun-WillardBurleson County, TX15 BBLs0 MCFMar 2026
TarwaterLee County, TX500 BBLs191 MCFMar 2026
WillardBurleson County, TX101 BBLs281 MCFMar 2026
WillardBurleson County, TX200 BBLs0 MCFFeb 2026
Willard & WilliamsBurleson County, TX51 BBLs0 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Gerdes Development Co property.

Company Name
Atlas Operating LLC
B & B Drilling Co.
Bet-Ro, Inc.
Central Plains Oil&Gas Corp. (A)
Crescent Exploration Company
E P C Oil & Gas, Inc.
Ernest Operating Company
Geosouthern Energy Corporation
Hollub, Lambert Drilling Company
Integras Operating, LLC
Jda Energy, LLC
Pairadice Oil And Gas Company LLC
Phillips Petroleum Company
Red Chalk Resources LLC
Rosenthal, Stanley H.
Rusk Energy Operating LLC
Seagull Operating Co., Inc.
Sheldon Resources, L.P.
Shoreham Oil & Gas Company, Inc.
Tracy Operating Co., LLC

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 GARY WGERDES DEVELOPMENT CO #4ERNEST OPERATING CO
2025KUBESCH BETTY LOU GERDESGERDES DEVELOPMENT CO #4ERNEST OPERATING CO
2025GERDES GARDAN LGERDES 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
03-11427GERDES DEVELOPMENT CO., INC.Feb 2026BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Feb 20264J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Feb 2026BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Jan 2026BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jan 2026BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Dec 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Dec 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
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