Oil & Gas Property in Madison County, TX
Key data points for Chambless 1
| County | Madison County, TX |
|---|---|
| Operator | REED EXPLORATION LLC |
| Production Dates | Apr 2014 - Nov 2024 |
| Total Oil Production | 28,095 BBLs |
| Total Gas Production | 300,827 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 1 |
Our Valuation Estimates for Chambless 1
ShaleAssessment™
$8,202 *
MarketMultiple™
Not Available
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Chambless 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Barrett | Madison County, TX | 513 BBLs | 6,889 MCF | Jan 2026 |
| Bell | Madison County, TX | 0 BBLs | 0 MCF | Sep 2022 |
| Boyd 1 | Madison County, TX | 0 BBLs | 0 MCF | Jun 2025 |
| Greene 1 | Madison County, TX | 0 BBLs | 0 MCF | Oct 2025 |
| Grisham | Madison County, TX | 553 BBLs | 2,987 MCF | Jan 2026 |
| Henry 1 | Madison County, TX | 0 BBLs | 0 MCF | Oct 2025 |
| Iron Duke | Madison County, TX | 144 BBLs | 1,878 MCF | Jan 2026 |
| Iron Duke (Allocation) | Madison County, TX | 1,012 BBLs | 4,657 MCF | Jan 2026 |
| Knight 1 | Madison County, TX | 18 BBLs | 0 MCF | Dec 2025 |
| Laura Unit | Madison County, TX | 259 BBLs | 1,817 MCF | Jan 2026 |
| Laura-Manning (Alloc) Unit | Madison County, TX | 1 BBLs | 7 MCF | Jan 2026 |
| Manning | Madison County, TX | 146 BBLs | 493 MCF | Jan 2026 |
| Mossy Grove Gas Unit | Walker County, TX | 0 BBLs | 1,066 MCF | Jan 2026 |
| Santa Elena Gas Unit 1 | Madison County, TX | 0 BBLs | 0 MCF | Feb 2023 |
| Savell 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Stiver 1 | Madison County, TX | 139 BBLs | 0 MCF | Dec 2025 |
| Tinsley | Madison County, TX | 0 BBLs | 0 MCF | Oct 2025 |
| Trichel 1 | Madison County, TX | 0 BBLs | 0 MCF | Oct 2025 |
| Vick 'B' Unit | Madison County, TX | 287 BBLs | 4,602 MCF | Jan 2026 |
| Wash McAdams | Walker County, TX | 3 BBLs | 926 MCF | Jan 2026 |
These are the closest 11 companies operating near the Chambless 1 property.