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 - Nov 2025 |
| Total Oil Production | 105,204 BBLs |
| Total Gas Production | 1,005,934 MCF |
| Recent Oil Production | 1,116 BBLs in Oct 2025 |
| Recent Gas Production | 4,384 MCF in Oct 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Iron Duke (Allocation)
ShaleAssessment™
$23,143 *
MarketMultiple™
$37,890 **
* 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 15 properties to the Iron Duke (Allocation) property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Boyd 1 | Madison County, TX | 0 BBLs | 0 MCF | Jun 2025 |
| Chambless 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Evans | Madison County, TX | 129 BBLs | 3,176 MCF | Nov 2025 |
| Fannin, M | Madison County, TX | 139 BBLs | 0 MCF | Nov 2025 |
| Grisham | Madison County, TX | 686 BBLs | 2,764 MCF | Nov 2025 |
| Henry 1 | Madison County, TX | 64 BBLs | 107 MCF | Oct 2025 |
| Iron Duke | Madison County, TX | 208 BBLs | 2,383 MCF | Nov 2025 |
| Knight 1 | Madison County, TX | 34 BBLs | 166 MCF | Oct 2025 |
| Laura Unit | Madison County, TX | 228 BBLs | 1,932 MCF | Nov 2025 |
| Laura-Manning (Alloc) Unit | Madison County, TX | 0 BBLs | 0 MCF | Nov 2025 |
| Manning | Madison County, TX | 466 BBLs | 1,015 MCF | Nov 2025 |
| Mossy Grove Gas Unit | Walker County, TX | 0 BBLs | 1,122 MCF | Nov 2025 |
| NGR Colossus | Grimes County, TX | 15 BBLs | 2,827 MCF | Nov 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 |