Gray

Oil & Gas Property in Madison County, TX

  2. Texas
  3. Madison County, TX
  4. Oil & Gas Properties in Madison County, TX
  5. Gray Oil & Gas Property

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Property Summary

Key data points for Gray

CountyMadison County, TX
Production DatesJan 2016 - May 2026
Total Oil Production35,748 BBLs
Total Gas Production23,563 MCF
Recent Oil Production120 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Gray

ShaleAssessment™

$4,252 *

MarketMultiple™

$16,156 **

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

Based on a decimal interest

Gray Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gray
from Jan 2016 to May 2026

Wells on Gray

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-31298GRAY 1E2 OPERATING LLCProducingMadison County, TX31.039693-95.780812

Leases included in Gray

Lease #Lease NameOperatorCountyMonthly Oil Prod.
03-27436GRAYE2 OPERATING LLCMadison County, TX
03-281297GRAY 1BURK ROYALTY CO., LTD.Madison County, TX
03-281346GRAY 1BURK ROYALTY CO., LTD.Madison County, TX
03-281374GRAY 1BURK ROYALTY CO., LTD.Madison County, TX
03-281403GRAY 1BURK ROYALTY CO., LTD.Madison County, TX

Operators Associated With Gray

Nearby Properties

These are the closest 20 properties to the Gray property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrMadison County, TX5 BBLs0 MCFMay 2026
BatesMadison County, TX0 BBLs0 MCFNov 2024
DorrellHouston County, TX0 BBLs0 MCFJun 2026
Farmers OilHouston County, TX739 BBLs2,982 MCFJun 2026
FarrisMadison County, TX107 BBLs0 MCFMay 2026
Florence 1Madison County, TX0 BBLs0 MCFAug 2022
ForrestMadison County, TX7 BBLs3 MCFMay 2026
Greene 1Madison County, TX0 BBLs0 MCFOct 2025
Harper, BerthaMadison County, TX0 BBLs0 MCFApr 2026
Ivey, WillMadison County, TX0 BBLs0 MCFApr 2026
KetchumMadison County, TX0 BBLs0 MCFMar 2026
L. A. Wakefield GMadison County, TX0 BBLs290 MCFJun 2026
Leggett 1Madison County, TX0 BBLs0 MCFMar 2026
MorganMadison County, TX3 BBLs50 MCFMay 2026
Mosser 1Madison County, TX42 BBLs1 MCFMay 2026
RaderMadison County, TX33 BBLs2 MCFMay 2026
Samantha Rizzo Oil & Gas LTDMadison County, TX207 BBLs93 MCFMay 2026
Shelton 1Madison County, TX112 BBLs175 MCFMay 2026
ThomasMadison County, TX0 BBLs0 MCFJun 2025
Tommie Jo Manning EtalMadison County, TX3 BBLs0 MCFMay 2026

Companies in the Area

These are the closest 19 companies operating near the Gray property.

Company Name
Burk Royalty Co., LTD.
Dallas Production, Inc.
Deguello Operating LLC
E2 Operating LLC
Empire Texas Operating LLC
Energy & Expl. PRTNRS Oper., LP
EOG Resources Inc
Exxon Corporation
Fidelity Explor. & Prod. Co.
Halcon Operating Co., Inc.
Navidad Resources, LLC
New Gulf Resources, LLC
Palmer Petroleum, Inc.
Parten Operating Inc.
Reed Exploration LLC
Trailblazer Energy Resources, LLC
Wheeler Operating Corporation
Wildfire Energy Operating LLC
XTO Energy Inc.

Owners of Gray

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026E2 OPERATING LLCGRAY (01)E2 OPERATING LLC

Oil & Gas Sales on Gray

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27436GRAYJun 2026SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYMay 2026ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYApr 2026ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYMar 2026ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYFeb 2026ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYAug 2025ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYMay 2025ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYApr 2025ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYMar 2025ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYNov 2024ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYSep 2024ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYAug 2024ENERGY TRANSFER CRUDE MARKETING LLCE2 OPERATING LLC
03-27436GRAYJul 2024SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYJun 2024SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYMay 2024SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYFeb 2024SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYDec 2023SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYNov 2023SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYOct 2023SHELL TRADING (US) COMPANYE2 OPERATING LLC
03-27436GRAYAug 2023SHELL TRADING (US) COMPANYBURK ROYALTY CO., LTD.
03-27436GRAYJun 2023SHELL TRADING (US) COMPANYBURK ROYALTY CO., LTD.
03-27436GRAYApr 2023SHELL TRADING (US) COMPANYBURK ROYALTY CO., LTD.
03-27436GRAYMar 2023SHELL TRADING (US) COMPANYBURK ROYALTY CO., LTD.
03-27436GRAYJan 2023SHELL TRADING (US) COMPANYBURK ROYALTY CO., LTD.
03-27436GRAYNov 2022SHELL TRADING (US) COMPANYBURK ROYALTY CO., LTD.