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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Gerdes Development Co

CountyLee County, TX
OperatorERNEST OPERATING COMPANY
Production DatesJan 1993 - Sep 2025
Total Oil Production71,654 BBLs
Total Gas Production97,339 MCF
Recent Oil Production125 BBLs in Aug 2025
Recent Gas Production340 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for Gerdes Development Co

ShaleAssessment™

$2,475 *

MarketMultiple™

$12,777 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Gerdes Development Co
from Jan 1993 to Sep 2025

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, TX40 BBLs0 MCFSep 2025
BrownLee County, TX35 BBLs0 MCFSep 2025
Brown-Runnels UnitLee County, TX52 BBLs0 MCFSep 2025
GuthrieLee County, TX0 BBLs0 MCFMar 2025
Henry ShephardBurleson County, TX26 BBLs180 MCFSep 2025
HodgeLee County, TX16 BBLs8 MCFSep 2025
LinaBurleson County, TX15 BBLs0 MCFSep 2025
MortonBurleson County, TX44 BBLs0 MCFSep 2025
NoackLee County, TX60 BBLs49 MCFSep 2025
OwensLee County, TX10 BBLs0 MCFSep 2025
PearsonBurleson County, TX77 BBLs115 MCFSep 2025
PerryLee County, TX58 BBLs0 MCFSep 2025
Praesel, ABurleson County, TX0 BBLs0 MCFJun 2025
Richards L.CLee County, TX94 BBLs0 MCFSep 2025
Shephard HenryBurleson County, TX20 BBLs24 MCFAug 2025
Sun-WillardBurleson County, TX0 BBLs50 MCFSep 2025
TarwaterLee County, TX500 BBLs200 MCFSep 2025
WillardBurleson County, TX90 BBLs190 MCFSep 2025
WillardBurleson County, TX512 BBLs0 MCFAug 2025
Willard & WilliamsBurleson County, TX80 BBLs0 MCFAug 2025

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
Hamman Oil & Refining Company
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.
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 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
03-11427GERDES DEVELOPMENT CO., INC.Apr 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Mar 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Feb 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Feb 2025BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Jan 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Dec 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Dec 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Dec 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Dec 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Nov 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Nov 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Oct 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Oct 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Sep 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Sep 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Aug 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Aug 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Aug 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Jul 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jul 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.Jun 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jun 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-23614GERDES DEVELOPMENT CO.Jun 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.May 2024BLM PIPELINE, INC.ERNEST OPERATING COMPANY
03-11427GERDES DEVELOPMENT CO., INC.May 20244J ENERGY, LLCERNEST OPERATING COMPANY