Oil & Gas Property in Madison County, TX
Key data points for Iron Duke (Allocation)
| County | Madison County, TX |
|---|---|
| Operator | REED EXPLORATION LLC |
| Production Dates | Aug 2017 - Jun 2025 |
| Total Oil Production | 103,079 BBLs |
| Total Gas Production | 996,416 MCF |
| Recent Oil Production | 195 BBLs in Jun 2025 |
| Recent Gas Production | 0 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Iron Duke (Allocation)
ShaleAssessment™
$24,602 *
MarketMultiple™
$4,020 **
* 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 12 properties to the Iron Duke (Allocation) property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Boyd 1 | Madison County, TX | 49 BBLs | 127 MCF | Jun 2025 |
| Chambless 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Evans | Madison County, TX | 139 BBLs | 3,742 MCF | Jul 2025 |
| Fannin, M | Madison County, TX | 243 BBLs | 0 MCF | Jul 2025 |
| Grisham | Madison County, TX | 767 BBLs | 1,869 MCF | Jul 2025 |
| Iron Duke | Madison County, TX | 322 BBLs | 2,461 MCF | Jul 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 |
These are the closest 5 companies operating near the Iron Duke (Allocation) property.
| Company Name |
|---|
| E2 Operating LLC |
| EOG Resources, Inc. |
| Etx Energy, LLC |
| Reed Exploration LLC |
| Southwest Operating, Inc.-Tyler |