Florence 1

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Florence 1

CountyMadison County, TX
OperatorREED EXPLORATION LLC
Production DatesJan 2014 - Aug 2022
Total Oil Production29,178 BBLs
Total Gas Production214,518 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property1

Our Valuation Estimates for Florence 1

ShaleAssessment

$5,284 *

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

Florence 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Florence 1
from Jan 2014 to Aug 2022

Wells on Florence 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-31055FLORENCE 1REED EXPLORATION LLCProducingMadison County, TX30.987237-95.743521

Leases included in Florence 1

Lease #Lease NameOperatorCounty
03-274743FLORENCE 1REED EXPLORATION LLCMadison County, TX
03-274756FLORENCE 1REED EXPLORATION LLCMadison County, TX
03-274882FLORENCE 1REED EXPLORATION LLCMadison County, TX

Nearby Properties

These are the closest 20 properties to the Florence 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrMadison County, TX0 BBLs0 MCFFeb 2026
BatesMadison County, TX0 BBLs0 MCFNov 2024
BellMadison County, TX0 BBLs0 MCFNov 2023
EdmundsMadison County, TX288 BBLs4,304 MCFApr 2026
FarrisMadison County, TX201 BBLs0 MCFMar 2026
Ferguson Prison UnitMadison County, TX636 BBLs5,179 MCFApr 2026
GrayMadison County, TX225 BBLs0 MCFMar 2026
Greene 1Madison County, TX0 BBLs0 MCFOct 2025
Hardy 1Madison County, TX21 BBLs26 MCFMar 2026
Harper, BerthaMadison County, TX5 BBLs0 MCFMar 2026
Johnston 1Madison County, TX0 BBLs0 MCFFeb 2025
Leggett 1Madison County, TX2 BBLs0 MCFMar 2026
Mosser 1Madison County, TX47 BBLs1 MCFMar 2026
RaderMadison County, TX33 BBLs2 MCFMar 2026
Robertson 1Madison County, TX0 BBLs0 MCFOct 2025
Shelton 1Madison County, TX69 BBLs95 MCFMar 2026
Stiver 1Madison County, TX138 BBLs25 MCFMar 2026
ThomasMadison County, TX0 BBLs0 MCFJun 2025
Trichel 1Madison County, TX0 BBLs0 MCFOct 2025
TurnerMadison County, TX737 BBLs1,365 MCFApr 2026

Owners of Florence 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025REED EXPLORATION LLCFLORENCE (01)REED EXPLORATION LLC

Oil & Gas Sales on Florence 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-274743FLORENCE 1Jan 2022ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jan 2022ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Sep 2021GULFMARK ENERGY, INC.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Aug 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Aug 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jul 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jul 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jun 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jun 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1May 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1May 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Apr 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Apr 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Mar 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Mar 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jan 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Jan 2021ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Dec 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.
03-274743FLORENCE 1Nov 2020ETC TEXAS PIPELINE, LTD.BURK ROYALTY CO., LTD.