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 - Jan 2026 |
| Total Oil Production | 106,894 BBLs |
| Total Gas Production | 1,014,885 MCF |
| Recent Oil Production | 1,012 BBLs in Dec 2025 |
| Recent Gas Production | 4,657 MCF in Dec 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Iron Duke (Allocation)
ShaleAssessment™
$22,580 *
MarketMultiple™
$54,387 **
* 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 14 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 |
| Fannin, M | Madison County, TX | 134 BBLs | 0 MCF | Jan 2026 |
| Grisham | Madison County, TX | 553 BBLs | 2,987 MCF | Jan 2026 |
| Henry 1 | Madison County, TX | 0 BBLs | 0 MCF | Oct 2025 |
| Iron Duke | Madison County, TX | 144 BBLs | 1,878 MCF | Jan 2026 |
| Knight 1 | Madison County, TX | 18 BBLs | 0 MCF | Dec 2025 |
| Laura Unit | Madison County, TX | 259 BBLs | 1,817 MCF | Jan 2026 |
| Laura-Manning (Alloc) Unit | Madison County, TX | 1 BBLs | 7 MCF | Jan 2026 |
| Manning | Madison County, TX | 146 BBLs | 493 MCF | Jan 2026 |
| Mossy Grove Gas Unit | Walker County, TX | 0 BBLs | 1,066 MCF | Jan 2026 |
| 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 |
| Tinsley | Madison County, TX | 0 BBLs | 0 MCF | Oct 2025 |
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 |