Reed P No.1 Gas Unit

Oil & Gas Property in Limestone County, TX

  2. Texas
  3. Limestone County, TX
  4. Oil & Gas Properties in Limestone County, TX
  5. Reed P No.1 Gas Unit Oil & Gas Property

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Property Summary

Key data points for Reed P No.1 Gas Unit

CountiesFreestone County, TX
Limestone County, TX
Production DatesJul 1994 - Mar 2026
Total Oil Production5,715 BBLs
Total Gas Production24,441,941 MCF
Recent Oil Production2 BBLs in Feb 2026
Recent Gas Production15,754 MCF in Feb 2026
Wells on Property14

Our Valuation Estimates for Reed P No.1 Gas Unit

ShaleAssessment™

$45,227 *

MarketMultiple™

$103,035 **

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

Based on a decimal interest

Reed P No.1 Gas Unit 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 No.1 Gas Unit
from Jul 1994 to Mar 2026

Wells on Reed P No.1 Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-31245REED P NO.1 GAS UNIT 2HILCORP ENERGY COMPANYProducingFreestone County, TX31.497119-96.293283
42-161-32288REED P NO. 1 GAS UNIT 3HILCORP ENERGY COMPANYProducingFreestone County, TX31.496633-96.287804
42-161-32618REED P NO. 1 GAS UNIT 6HILCORP ENERGY COMPANYProducingFreestone County, TX31.494626-96.285558
42-161-32619REED P NO. 1 GAS UNIT 5HILCORP ENERGY COMPANYProducingFreestone County, TX31.494268-96.290327
42-161-32823REED P NO. 1 GAS UNIT 7HILCORP ENERGY COMPANYProducingFreestone County, TX31.491342-96.286669
42-161-33599REED P NO. 1 GAS UNIT 19HILCORP ENERGY COMPANYProducingFreestone County, TX31.495862-96.292019
42-293-31502REED P NO. 1 GAS UNIT 4HILCORP ENERGY COMPANYProducingLimestone County, TX31.494862-96.294800
42-293-31549REED P NO. 1 GAS UNIT 8HILCORP ENERGY COMPANYProducingLimestone County, TX31.482776-96.293955
42-293-31550REED P NO. 1 GAS UNIT 9HILCORP ENERGY COMPANYProducingLimestone County, TX31.480266-96.291352
42-293-31777REED P NO. 1 GAS UNIT 17HILCORP ENERGY COMPANYProducingLimestone County, TX31.480832-96.286243
42-293-31784REED P NO. 1 GAS UNIT 11HILCORP ENERGY COMPANYProducingLimestone County, TX31.475237-96.286696
42-293-31794REED P NO. 1 GAS UNIT 10HILCORP ENERGY COMPANYProducingLimestone County, TX31.478688-96.289366
42-293-31928REED P NO. 1 GAS UNIT 12HILCORP ENERGY COMPANYProducingLimestone County, TX31.483807-96.290113
42-293-31932REED P NO. 1 GAS UNIT 13HILCORP ENERGY COMPANYProducingLimestone County, TX31.485290-96.286429

Leases included in Reed P No.1 Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-150944REED P NO.1 GAS UNIT 2HILCORP ENERGY COMPANYFreestone County, TX
05-150945REED P NO.1 GAS UNIT 2MARATHON OIL COMPANYFreestone County, TX
05-189863REED P NO. 1 GAS UNIT 3XTO ENERGY INC.Freestone County, TX
05-189864REED P NO. 1 GAS UNIT 3XTO ENERGY INC.Freestone County, TX
05-189865REED P NO. 1 GAS UNIT 3HILCORP ENERGY COMPANYFreestone County, TX
05-196895REED P NO. 1 GAS UNIT 4HILCORP ENERGY COMPANYLimestone County, TX
05-196896REED P NO. 1 GAS UNIT 4XTO ENERGY INC.Limestone County, TX
05-196897REED P NO. 1 GAS UNIT 4XTO ENERGY INC.Limestone County, TX
05-197138REED P NO. 1 GAS UNIT 5HILCORP ENERGY COMPANYFreestone County, TX
05-197139REED P NO. 1 GAS UNIT 5XTO ENERGY INC.Freestone County, TX
05-197140REED P NO. 1 GAS UNIT 5XTO ENERGY INC.Freestone County, TX
05-198120REED P NO. 1 GAS UNIT 6HILCORP ENERGY COMPANYFreestone County, TX
05-198121REED P NO. 1 GAS UNIT 6XTO ENERGY INC.Freestone County, TX
05-198122REED P NO. 1 GAS UNIT 6XTO ENERGY INC.Freestone County, TX
05-200867REED P NO. 1 GAS UNIT 9HILCORP ENERGY COMPANYLimestone County, TX
05-200868REED P NO. 1 GAS UNIT 9XTO ENERGY INC.Limestone County, TX
05-200869REED P NO. 1 GAS UNIT 9XTO ENERGY INC.Limestone County, TX
05-200996REED P NO. 1 GAS UNIT 7HILCORP ENERGY COMPANYFreestone County, TX
05-200997REED P NO. 1 GAS UNIT 7XTO ENERGY INC.Freestone County, TX
05-200998REED P NO. 1 GAS UNIT 7XTO ENERGY INC.Freestone County, TX
05-202220REED P NO. 1 GAS UNIT 8HILCORP ENERGY COMPANYLimestone County, TX
05-202222REED P NO. 1 GAS UNIT 8XTO ENERGY INC.Limestone County, TX
05-202223REED P NO. 1 GAS UNIT 8XTO ENERGY INC.Limestone County, TX
05-220246REED P NO. 1 GAS UNIT 11HILCORP ENERGY COMPANYLimestone County, TX
05-220516REED P NO. 1 GAS UNIT 17HILCORP ENERGY COMPANYLimestone County, TX
05-224376REED P NO. 1 GAS UNIT 19HILCORP ENERGY COMPANYFreestone County, TX
05-229927REED P NO. 1 GAS UNIT 13HILCORP ENERGY COMPANYLimestone County, TX
05-229970REED P NO. 1 GAS UNIT 12HILCORP ENERGY COMPANYLimestone County, TX
05-238981REED P NO. 1 GAS UNIT 10HILCORP ENERGY COMPANYLimestone County, TX

Operators Associated With Reed P No.1 Gas Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
C. C. Thompson Gas UnitFreestone County, TX0 BBLs8,993 MCFMar 2026
Cochrum Gas UnitFreestone County, TX0 BBLs31,634 MCFMar 2026
Eppes Fred RFreestone County, TX0 BBLs26,863 MCFMar 2026
GibsonLimestone County, TX17 BBLs33,861 MCFMar 2026
Gilliam C NoFreestone County, TX0 BBLs40,113 MCFMar 2026
Harlow S. J. Gas UnitLimestone County, TX4 BBLs22,542 MCFMar 2026
Heaton No. 1 Gas UnitLimestone County, TX0 BBLs15,465 MCFMar 2026
HudsonLimestone County, TX2 BBLs21,322 MCFMar 2026
Huffman BLimestone County, TX0 BBLs0 MCFJan 2013
Kennedy A-West Oaks Allocation 1HLimestone County, TX0 BBLs13,424 MCFMar 2026
Lyons Gas Unit No 1Limestone County, TX15 BBLs25,246 MCFMar 2026
Mildred ThompsonLimestone County, TX211 BBLs16,000 MCFMar 2026
Morton No.1 Gas UnitLimestone County, TX0 BBLs0 MCFJul 2008
Oakes T.C. Estate Gas UnitFreestone County, TX0 BBLs9,311 MCFMar 2026
Reed P Gas Unit No. 1Limestone County, TX1 BBLs5,637 MCFMar 2026
S. J. Harlow Gas UnitLimestone County, TX0 BBLs10,916 MCFMar 2026
ThompsonLimestone County, TX38 BBLs62,033 MCFMar 2026
Thompson C. C. Gas UnitFreestone County, TX0 BBLs9,206 MCFMar 2026
WorthyFreestone County, TX0 BBLs407 MCFMar 2026
Worthy A Gas UnitFreestone County, TX0 BBLs8,761 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Reed P No.1 Gas Unit property.

Company Name
1789 Management, LLC
Basa Resources, Inc.
Berry Oil Comp.
Cross Timbers Operating Company
Devon Energy Production Company, L.P.
Diversified Production LLC
Encana Oil & Gas (USA) Inc.
Enserch Exploration Inc
EP Operating Limited Partnership
Herd Producing Company, Inc.
Hilcorp Energy Company
Hunt Petroleum Corp.
Marathon Oil Company
Miller Energy Inc
Mitchell Energy Company L.P.
Mitchell Energy Corp
O'Benco, Inc.
Pedernales Petroleum Op, LLC
Valence Operating Company
XTO Energy Inc.

Owners of Reed P No.1 Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (08)HILCORP ENERGY
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (09)HILCORP ENERGY
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (11)HILCORP ENERGY
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (10)HILCORP ENERGY
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (17)HILCORP ENERGY
2025HILCORP ENERGY COMPANY (WI)REED -P- G/U 1 (04)HILCORP ENERGY
2025HILCORP ENERGY COMPANYREED -P- G/U 1 (03)HILCORP ENERGY CO
2025HILCORP ENERGY COMPANYREED -P- G/U 1 (07)HILCORP ENERGY CO
Displaying 8 of 388 Owners   --   Full Ownership Data Available for Subscribers Only

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

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-150944REED P NO.1 GAS UNIT 2Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-150944REED P NO.1 GAS UNIT 2Feb 2026PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-189865REED P NO. 1 GAS UNIT 3Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-196895REED P NO. 1 GAS UNIT 4Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-197138REED P NO. 1 GAS UNIT 5Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-198120REED P NO. 1 GAS UNIT 6Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-200867REED P NO. 1 GAS UNIT 9Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-200867REED P NO. 1 GAS UNIT 9Feb 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-200996REED P NO. 1 GAS UNIT 7Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-200996REED P NO. 1 GAS UNIT 7Feb 2026ENERGY TRANSFER FUEL, LPHILCORP ENERGY COMPANY
05-202220REED P NO. 1 GAS UNIT 8Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-220246REED P NO. 1 GAS UNIT 11Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-220516REED P NO. 1 GAS UNIT 17Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-220516REED P NO. 1 GAS UNIT 17Feb 2026PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-224376REED P NO. 1 GAS UNIT 19Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-229927REED P NO. 1 GAS UNIT 13Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-229927REED P NO. 1 GAS UNIT 13Feb 2026PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-229970REED P NO. 1 GAS UNIT 12Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-238981REED P NO. 1 GAS UNIT 10Feb 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-238981REED P NO. 1 GAS UNIT 10Feb 2026PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-224376REED P NO. 1 GAS UNIT 19Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-229927REED P NO. 1 GAS UNIT 13Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-229927REED P NO. 1 GAS UNIT 13Jan 2026PLAINS MARKETING, L.P.HILCORP ENERGY COMPANY
05-229970REED P NO. 1 GAS UNIT 12Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY
05-238981REED P NO. 1 GAS UNIT 10Jan 2026EXXONMOBIL OIL CORPORATIONHILCORP ENERGY COMPANY