Reed P Gas Unit No. 1

Oil & Gas Property in Limestone County, TX

Property Summary

Key data points for Reed P Gas Unit No. 1

CountiesFreestone County, TX
Limestone County, TX
OperatorHILCORP ENERGY COMPANY
Production DatesAug 2007 - Sep 2025
Total Oil Production9,828 BBLs
Total Gas Production4,258,146 MCF
Recent Oil Production6 BBLs in Aug 2025
Recent Gas Production6,372 MCF in Aug 2025
Wells on Property5

Our Valuation Estimates for Reed P Gas Unit No. 1

ShaleAssessment

$23,475 *

MarketMultiple

$28,554 **

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

Based on a decimal interest

Reed P Gas Unit No. 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed P Gas Unit No. 1
from Aug 2007 to Sep 2025

Wells on Reed P Gas Unit No. 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-33894REED P GAS UNIT NO. 1 16HILCORP ENERGY COMPANYProducingFreestone County, TX31.486976-96.283260
42-161-33915REED P GAS UNIT NO. 1 14HILCORP ENERGY COMPANYProducingFreestone County, TX31.492410-96.283802
42-161-33917REED P GAS UNIT NO. 1 15HILCORP ENERGY COMPANYProducingFreestone County, TX31.489918-96.285094
42-293-31823REED P GAS UNIT NO. 1 18HILCORP ENERGY COMPANYProducingLimestone County, TX31.481515-96.297586
42-293-32196REED P GAS UNIT NO. 1 23HILCORP ENERGY COMPANYProducingLimestone County, TX31.478490-96.290694

Leases included in Reed P Gas Unit No. 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-231220REED P GAS UNIT NO. 1 18HILCORP ENERGY COMPANYLimestone County, TX
05-231358REED P GAS UNIT NO. 1 15HILCORP ENERGY COMPANYFreestone County, TX
05-233739REED P GAS UNIT NO. 1 16HILCORP ENERGY COMPANYFreestone County, TX
05-235575REED P GAS UNIT NO. 1 14HILCORP ENERGY COMPANYFreestone County, TX
05-251241REED P GAS UNIT NO. 1 23HILCORP ENERGY COMPANYLimestone County, TX

Nearby Properties

These are the closest 20 properties to the Reed P Gas Unit No. 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
C. C. Thompson Gas UnitFreestone County, TX0 BBLs11,380 MCFSep 2025
Eppes Fred RFreestone County, TX0 BBLs25,540 MCFSep 2025
EverettLimestone County, TX6 BBLs12,967 MCFAug 2025
GibsonLimestone County, TX10 BBLs39,638 MCFSep 2025
Gilliam C NoFreestone County, TX0 BBLs48,291 MCFSep 2025
Harlow S. J. Gas UnitLimestone County, TX10 BBLs26,790 MCFSep 2025
Heaton No. 1 Gas UnitLimestone County, TX0 BBLs15,336 MCFSep 2025
Huffman BLimestone County, TX0 BBLs0 MCFJan 2013
Lyons Gas Unit No 1Limestone County, TX15 BBLs39,564 MCFSep 2025
Mildred ThompsonLimestone County, TX2 BBLs18,496 MCFAug 2025
Morton No.1 Gas UnitLimestone County, TX0 BBLs0 MCFJul 2008
Oakes T.C. Estate Gas UnitFreestone County, TX0 BBLs8,841 MCFSep 2025
Oakes-Turner Gas Unit No. 1Freestone County, TX36 BBLs30,203 MCFSep 2025
Reed Gas UnitLimestone County, TX3 BBLs12,439 MCFSep 2025
Reed P No.1 Gas UnitLimestone County, TX7 BBLs19,888 MCFSep 2025
S. J. Harlow Gas UnitLimestone County, TX0 BBLs12,237 MCFSep 2025
ThompsonLimestone County, TX12 BBLs78,272 MCFSep 2025
Thompson C. C. Gas UnitFreestone County, TX0 BBLs12,459 MCFSep 2025
WorthyFreestone County, TX0 BBLs415 MCFSep 2025
Worthy A Gas UnitFreestone County, TX0 BBLs10,381 MCFSep 2025

Frac'ing activity on Reed P Gas Unit No. 1

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-293-32196Reed P-23

Owners of Reed P Gas Unit No. 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025HILCORP ENERGY COMPANYREED -P- G/U 1 (16)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (18)HILCORP ENERGY
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (23)HILCORP ENERGY
2025HILCORP ENERGY COMPANYREED -P- G/U 1 (14)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED -P- G/U 1 (15)HILCORP ENERGY CO
2025LAGRONE INVESTMENT LPREED -P- G/U 1 (16)HILCORP ENERGY CO
2025HERD BOB L INVESTMENTS LTDREED -P- G/U 1 (16)HILCORP ENERGY CO
2025WILSON ASHLEYREED -P- G/U 1 (16)HILCORP ENERGY CO
Displaying 8 of 102 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed P Gas Unit No. 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-231220REED P GAS UNIT NO. 1 18Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231358REED P GAS UNIT NO. 1 15Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231358REED P GAS UNIT NO. 1 15Mar 2025PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-233739REED P GAS UNIT NO. 1 16Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-233739REED P GAS UNIT NO. 1 16Mar 2025PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-235575REED P GAS UNIT NO. 1 14Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-251241REED P GAS UNIT NO. 1 23Mar 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231220REED P GAS UNIT NO. 1 18Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231358REED P GAS UNIT NO. 1 15Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-233739REED P GAS UNIT NO. 1 16Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-235575REED P GAS UNIT NO. 1 14Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-251241REED P GAS UNIT NO. 1 23Feb 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231220REED P GAS UNIT NO. 1 18Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231358REED P GAS UNIT NO. 1 15Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-233739REED P GAS UNIT NO. 1 16Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-235575REED P GAS UNIT NO. 1 14Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-251241REED P GAS UNIT NO. 1 23Jan 2025EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231220REED P GAS UNIT NO. 1 18Dec 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231358REED P GAS UNIT NO. 1 15Dec 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-233739REED P GAS UNIT NO. 1 16Dec 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-235575REED P GAS UNIT NO. 1 14Dec 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-251241REED P GAS UNIT NO. 1 23Dec 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231220REED P GAS UNIT NO. 1 18Nov 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-231358REED P GAS UNIT NO. 1 15Nov 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-233739REED P GAS UNIT NO. 1 16Nov 2024EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY