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™
$124 **
* 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 | 340 BBLs | 4,091 MCF | Jul 2025 |
| Bell | Madison County, TX | 0 BBLs | 0 MCF | Nov 2023 |
| Boyd 1 | Madison County, TX | 49 BBLs | 127 MCF | Jun 2025 |
| Doyle McAdams | Walker County, TX | 52 BBLs | 6,462 MCF | Jul 2025 |
| Evans | Madison County, TX | 139 BBLs | 3,742 MCF | Jul 2025 |
| Farris | Madison County, TX | 124 BBLs | 0 MCF | Jun 2025 |
| Greene 1 | Madison County, TX | 0 BBLs | 0 MCF | May 2025 |
| Grisham | Madison County, TX | 767 BBLs | 1,869 MCF | Jul 2025 |
| Iron Duke | Madison County, TX | 322 BBLs | 2,461 MCF | Jul 2025 |
| Iron Duke (Allocation) | Madison County, TX | 195 BBLs | 0 MCF | Jun 2025 |
| Knight 1 | Madison County, TX | 6 BBLs | 0 MCF | Jun 2025 |
| Laura-Manning (Alloc) Unit | Madison County, TX | 0 BBLs | 61 MCF | Jul 2025 |
| Manning | Madison County, TX | 297 BBLs | 910 MCF | Jul 2025 |
| Mossy Grove Gas Unit | Walker County, TX | 0 BBLs | 1,254 MCF | Jul 2025 |
| 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 | 51 BBLs | 0 MCF | Jun 2025 |
| Trichel 1 | Madison County, TX | 0 BBLs | 0 MCF | May 2025 |
| Vick 'B' Unit | Madison County, TX | 342 BBLs | 1,065 MCF | Jul 2025 |
| Wash McAdams | Walker County, TX | 12 BBLs | 530 MCF | Jul 2025 |
These are the closest 10 companies operating near the Chambless 1 property.