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 2026 |
| Total Oil Production | 108,245 BBLs |
| Total Gas Production | 1,029,321 MCF |
| Recent Oil Production | 120 BBLs in May 2026 |
| Recent Gas Production | 2,195 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Iron Duke (Allocation)
ShaleAssessment™
$20,916 *
MarketMultiple™
$82,174 **
* 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 13 properties to the Iron Duke (Allocation) property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chambless 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Fannin, M | Madison County, TX | 23 BBLs | 0 MCF | Jun 2026 |
| Grisham | Madison County, TX | 629 BBLs | 1,727 MCF | Jun 2026 |
| Henry 1 | Madison County, TX | 20 BBLs | 11 MCF | May 2026 |
| Iron Duke | Madison County, TX | 217 BBLs | 1,742 MCF | Jun 2026 |
| Knight 1 | Madison County, TX | 79 BBLs | 28 MCF | May 2026 |
| Laura Unit | Madison County, TX | 265 BBLs | 1,922 MCF | Jun 2026 |
| Laura-Manning (Alloc) Unit | Madison County, TX | 0 BBLs | 0 MCF | Jan 2026 |
| Manning | Madison County, TX | 694 BBLs | 472 MCF | Jun 2026 |
| Mossy Grove Gas Unit | Walker County, TX | 0 BBLs | 857 MCF | Jun 2026 |
| NGR Barrett | Madison County, TX | 447 BBLs | 112 MCF | Jun 2026 |
| Savell 1 | Madison County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Tinsley | Madison County, TX | 135 BBLs | 25 MCF | May 2026 |
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 |