Gerdes

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Gerdes

CountyLee County, TX
Production DatesJan 1993 - Apr 2025
Total Oil Production101,931 BBLs
Total Gas Production2,676,734 MCF
Recent Oil Production90 BBLs in Mar 2025
Recent Gas Production2,959 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Gerdes

ShaleAssessment

$8,954 *

MarketMultiple

$14,441 **

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

Based on a decimal interest

Gerdes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gerdes
from Jan 1993 to Apr 2025

Wells on Gerdes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30240GERDES 1U. S. OPERATING, INC.ProducingLee County, TX30.290806-96.774546
42-287-30441GERDES "B" 1CHAMPLIN EXPLORATION, INC.Plugged Oil/Gas WellLee County, TX30.282801-96.753197
42-287-30517GERDES B 2REMAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.281154-96.750749
42-287-32471GERDES 2REU. S. OPERATING, INC.ProducingLee County, TX30.280137-96.759203

Leases included in Gerdes

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-081881GERDES 1U. S. OPERATING, INC.Lee County, TX
03-081966GERDES "B" 1CIRRUS PRODUCTION COMPANYLee County, TX
03-12248GERDES "B"CHAMPLIN EXPLORATION, INC.Lee County, TX
03-128600GERDES 1U. S. OPERATING, INC.Lee County, TX
03-17451GERDESU. S. OPERATING, INC.Lee County, TX
03-22806GERDES "B"MAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-22835GERDESU. S. OPERATING, INC.Lee County, TX

Nearby Properties

These are the closest 20 properties to the Gerdes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
America UnitLee County, TX5 BBLs1,151 MCFApr 2025
Cleopatra Unit ILee County, TX537 BBLs8,114 MCFApr 2025
DarleneLee County, TX86 BBLs1,522 MCFApr 2025
DebbieLee County, TX3 BBLs2 MCFApr 2025
EvelynLee County, TX287 BBLs2,224 MCFApr 2025
GanttLee County, TX18 BBLs1,491 MCFApr 2025
Gerdes GarwoodLee County, TX508 BBLs247 MCFApr 2025
Jensen Ray EstateLee County, TX0 BBLs0 MCFDec 2023
LeitkoLee County, TX243 BBLs6,427 MCFApr 2025
MargaretLee County, TX38 BBLs1,542 MCFApr 2025
Mary HelenLee County, TX43 BBLs1,442 MCFApr 2025
MaxyeLee County, TX25 BBLs665 MCFApr 2025
Oley UnitLee County, TX42 BBLs1,556 MCFApr 2025
Patricia UnitLee County, TX35 BBLs2,055 MCFApr 2025
SharonLee County, TX0 BBLs565 MCFApr 2025
Stranger TLee County, TX50 BBLs4,842 MCFApr 2025
TishLee County, TX0 BBLs315 MCFApr 2025
TriggerLee County, TX0 BBLs2,218 MCFApr 2025
Two FingersLee County, TX45 BBLs2,011 MCFApr 2025
WestbrookLee County, TX14 BBLs358 MCFApr 2025

Owners of Gerdes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024U S OPERATING INCGERDES #1U S OPERATING INC
2024GERDES GARY WGERDES #1U S OPERATING INC
2024KUBESCH BETTY LOU GERDESGERDES #1U S OPERATING INC
2024GERDES GARDAN LGERDES #1U S OPERATING INC
2024GEDDIE SURVIVORS TRUSTGERDES #1U S OPERATING INC
2024MAGNOLIA OIL & GAS OPERATINGGERDES "B"MAGNOLIA OIL & GAS
2024U S OPERATING INCGERDES H #2 REU S OPERATING INC
2024ESQUISTO RESOURCES II LLCGERDES #1U S OPERATING INC
Displaying 8 of 80 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gerdes

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-128600GERDES 1Mar 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Mar 2025TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-22806GERDES "B"Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESMar 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22835GERDESMar 2025TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-22835GERDESFeb 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Jan 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Dec 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Dec 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-22806GERDES "B"Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESDec 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Nov 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESNov 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Oct 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESOct 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22835GERDESOct 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-128600GERDES 1Sep 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-22806GERDES "B"Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESSep 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Aug 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-128600GERDES 1Aug 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-22806GERDES "B"Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22835GERDESAug 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.