Iron Duke (Allocation)

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Iron Duke (Allocation)

CountyMadison County, TX
OperatorREED EXPLORATION LLC
Production DatesAug 2017 - Apr 2026
Total Oil Production108,030 BBLs
Total Gas Production1,025,474 MCF
Recent Oil Production338 BBLs in Mar 2026
Recent Gas Production3,584 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Iron Duke (Allocation)

ShaleAssessment

$21,633 *

MarketMultiple

$80,073 **

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

Based on a decimal interest

Iron Duke (Allocation) Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Iron Duke (Allocation)
from Aug 2017 to Apr 2026

Wells on Iron Duke (Allocation)

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-31334IRON DUKE (ALLOCATION) 2 2HREED EXPLORATION LLCShut InMadison County, TX30.869781-95.866281
42-313-31342IRON DUKE (ALLOCATION) 3HREED EXPLORATION LLCProducingMadison County, TX30.869662-95.866023

Leases included in Iron Duke (Allocation)

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27311IRON DUKE (ALLOCATION)REED EXPLORATION LLCMadison County, TX
03-27809IRON DUKE (ALLOCATION) 2REED EXPLORATION LLCMadison County, TX

Nearby Properties

These are the closest 14 properties to the Iron Duke (Allocation) property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Boyd 1Madison County, TX0 BBLs0 MCFJun 2025
Chambless 1Madison County, TX0 BBLs0 MCFNov 2024
Fannin, MMadison County, TX144 BBLs0 MCFApr 2026
GrishamMadison County, TX615 BBLs1,840 MCFApr 2026
Henry 1Madison County, TX39 BBLs27 MCFMar 2026
Iron DukeMadison County, TX94 BBLs1,775 MCFApr 2026
Knight 1Madison County, TX14 BBLs18 MCFMar 2026
Laura UnitMadison County, TX249 BBLs2,121 MCFApr 2026
Laura-Manning (Alloc) UnitMadison County, TX0 BBLs0 MCFJan 2026
ManningMadison County, TX624 BBLs436 MCFApr 2026
Mossy Grove Gas UnitWalker County, TX0 BBLs986 MCFApr 2026
NGR BarrettMadison County, TX622 BBLs20 MCFApr 2026
Savell 1Madison County, TX0 BBLs0 MCFNov 2024
TinsleyMadison County, TX0 BBLs0 MCFJan 2026

Companies in the Area

These are the closest 6 companies operating near the Iron Duke (Allocation) property.

Company Name
E2 Operating LLC
EOG Resources Inc
Etx Energy, LLC
Reed Exploration LLC
Rme Petroleum Company
Southwest Operating, Inc.-Tyler

Owners of Iron Duke (Allocation)

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025REED EXPLORATION LLCIRON DUKE ALLOCATION (3H)REED EXPLORATION LLC

Oil & Gas Sales on Iron Duke (Allocation)

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27311IRON DUKE (ALLOCATION)Mar 2026STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Feb 2026STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Jan 2026STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Jan 2026ET GATHERING & PROCESSING LLCREED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Dec 2025STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Dec 2025ET GATHERING & PROCESSING LLCREED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Nov 2025STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Nov 2025ET GATHERING & PROCESSING LLCREED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Oct 2025ET GATHERING & PROCESSING LLCREED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Oct 2025STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Sep 2025STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Sep 2025ET GATHERING & PROCESSING LLCREED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Jun 2025STATEWIDE CRUDE INC.REED EXPLORATION LLC
03-27311IRON DUKE (ALLOCATION)Jul 2022TRAILBLAZER ENERGY RESOURCES, LLCTRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Jul 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Jun 2022TRAILBLAZER ENERGY RESOURCES, LLCTRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Jun 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)May 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)May 2022TRAILBLAZER ENERGY RESOURCES, LLCTRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Apr 2022TRAILBLAZER ENERGY RESOURCES, LLCTRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Apr 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Mar 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Feb 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Jan 2022TRAILBLAZER ENERGY RESOURCES, LLC
03-27311IRON DUKE (ALLOCATION)Dec 2021TRAILBLAZER ENERGY RESOURCES, LLC