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 - Jun 2025
Total Oil Production71,344 BBLs
Total Gas Production96,280 MCF
Recent Oil Production72 BBLs in May 2025
Recent Gas Production337 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Gerdes Development Co

ShaleAssessment™

$2,574 *

MarketMultiple™

$14,020 **

* 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 Jun 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, TX35 BBLs0 MCFJun 2025
BrownLee County, TX42 BBLs0 MCFJun 2025
Brown-Runnels UnitLee County, TX49 BBLs0 MCFJun 2025
GuthrieLee County, TX0 BBLs0 MCFMar 2025
Henry ShephardBurleson County, TX23 BBLs185 MCFJun 2025
HodgeLee County, TX15 BBLs0 MCFJun 2025
LinaBurleson County, TX20 BBLs0 MCFJun 2025
MortonBurleson County, TX86 BBLs0 MCFJun 2025
NoackLee County, TX1 BBLs56 MCFJun 2025
OwensLee County, TX50 BBLs0 MCFJun 2025
PearsonBurleson County, TX90 BBLs98 MCFJun 2025
PerryLee County, TX59 BBLs0 MCFJun 2025
Praesel, ABurleson County, TX18 BBLs0 MCFJun 2025
Richards L.CLee County, TX68 BBLs0 MCFJun 2025
Shephard HenryBurleson County, TX25 BBLs106 MCFJun 2025
Sun-WillardBurleson County, TX0 BBLs30 MCFJun 2025
TarwaterLee County, TX485 BBLs221 MCFJun 2025
WillardBurleson County, TX73 BBLs0 MCFJun 2025
WillardBurleson County, TX94 BBLs96 MCFJun 2025
Willard & WilliamsBurleson County, TX58 BBLs0 MCFJun 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.
Shoreham Oil & Gas Company, Inc.

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