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 - Jul 2025
Total Oil Production71,421 BBLs
Total Gas Production96,648 MCF
Recent Oil Production68 BBLs in Jun 2025
Recent Gas Production307 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Gerdes Development Co

ShaleAssessment

$2,541 *

MarketMultiple

$13,428 **

* 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 Jul 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, TX30 BBLs0 MCFJul 2025
BrownLee County, TX36 BBLs0 MCFJul 2025
Brown-Runnels UnitLee County, TX49 BBLs0 MCFJul 2025
GuthrieLee County, TX0 BBLs0 MCFMar 2025
Henry ShephardBurleson County, TX23 BBLs182 MCFJun 2025
HodgeLee County, TX8 BBLs0 MCFJul 2025
LinaBurleson County, TX21 BBLs0 MCFJul 2025
MortonBurleson County, TX14 BBLs0 MCFJul 2025
NoackLee County, TX52 BBLs47 MCFJul 2025
OwensLee County, TX41 BBLs0 MCFJul 2025
PearsonBurleson County, TX52 BBLs82 MCFJul 2025
PerryLee County, TX76 BBLs0 MCFJul 2025
Praesel, ABurleson County, TX15 BBLs0 MCFJun 2025
Richards L.CLee County, TX50 BBLs0 MCFJul 2025
Shephard HenryBurleson County, TX18 BBLs100 MCFJul 2025
Sun-WillardBurleson County, TX0 BBLs30 MCFJul 2025
TarwaterLee County, TX523 BBLs266 MCFJul 2025
WillardBurleson County, TX59 BBLs136 MCFJul 2025
WillardBurleson County, TX6 BBLs0 MCFJul 2025
Willard & WilliamsBurleson County, TX23 BBLs0 MCFJun 2025

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