Gailan

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Gailan Oil & Gas Property

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Property Summary

Key data points for Gailan

CountyMidland County, TX
Production DatesAug 2007 - Jan 2024
Total Oil Production431,762 BBLs
Total Gas Production1,088,013 MCF
Recent Oil Production352 BBLs in Dec 2023
Recent Gas Production1,512 MCF in Dec 2023
Wells on Property8

Our Valuation Estimates for Gailan

ShaleAssessment™

$69,267 *

MarketMultiple™

$55,881 **

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

Based on a decimal interest

Gailan Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gailan
from Aug 2007 to Jan 2024

Wells on Gailan

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-35771GAILAN 2PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.067834-102.249729
42-329-35772GAILAN 1PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.074919-102.251969
42-329-35817GAILAN 3PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.077455-102.257185
42-329-35821GAILAN 4PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.070372-102.254944
42-329-38458GAILAN 5PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX32.066880-102.253845
42-329-38473GAILAN 6PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.071339-102.250836
42-329-38474GAILAN 7PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.073954-102.256075
42-329-38475GAILAN 8PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX32.078601-102.253740

Leases included in Gailan

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-38461GAILANDEVON ENERGY PRODUCTION CO, L.P.Midland County, TX
08-39392GAILANPIONEER NATURAL RES. USA, INC.Midland County, TX

Operators Associated With Gailan

Nearby Properties

These are the closest 20 properties to the Gailan property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bohannon24Andrews County, TX2,443 BBLs7,437 MCFJan 2024
Bohannon26Andrews County, TX879 BBLs1,125 MCFJan 2024
Bohannon36Midland County, TX1,246 BBLs2,866 MCFJan 2024
Bohannon38Midland County, TX3,172 BBLs9,193 MCFJan 2024
CasselmanMidland County, TX61,170 BBLs197,123 MCFJan 2024
Casselman10Midland County, TX10,961 BBLs71,178 MCFJan 2024
Casselman4Midland County, TX20,969 BBLs60,871 MCFJan 2024
Casselman40Midland County, TX10,613 BBLs86,643 MCFJan 2024
Casselman8Midland County, TX2,916 BBLs44,738 MCFJan 2024
Chivas RegalEctor County, TX648 BBLs1,938 MCFJan 2024
Crown RoyalEctor County, TX267 BBLs610 MCFJan 2024
EstesMidland County, TX1,784 BBLs5,289 MCFJan 2024
Fee AMidland County, TX22,646 BBLs70,143 MCFJan 2024
Fee BEctor County, TX508,609 BBLs885,341 MCFJan 2024
Fee BFMidland County, TX3,109 BBLs13,065 MCFJan 2024
Fee BHMidland County, TX4,675 BBLs8,486 MCFJan 2024
Grey GooseMidland County, TX298 BBLs137 MCFJan 2024
HaagMidland County, TX2,337 BBLs6,987 MCFJan 2024
Haag HZ UnitEctor County, TX20,123 BBLs81,475 MCFJan 2024
Walnut-Barron 11Midland County, TX177,929 BBLs141,239 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Gailan property.

Company Name
Callon Petroleum Operating Co
COG Operating LLC
De IV Operating, LLC
Diamondback E&P LLC
Earthstone Operating, LLC
Endeavor Energy Resources, LP
Exxon Corporation
Fasken Oil And Ranch, LTD.
Fourpoint Energy, LLC
Henry Petroleum Corp.
Henry Resources LLC
Independence Resources MGMT, LLC
Lothian Oil Texas I, Inc.
Ovintiv USA Inc.
Patriot Resources, Inc.
Pioneer Natural Res. USA, Inc.
Resolute Natural Res. Co., LLC
RSP Permian, LLC
U. S. Operating, Inc.
Vector Oil & Gas LP

Owners of Gailan

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PIONEER NATURAL RES -WI-GAILANPIONEER NATURAL RES
2023BALMER SUE ANN FRANCISGAILANPIONEER NATURAL RES
2023CROWNROCK MINERALS LPGAILANPIONEER NATURAL RES
2023FRANCIS JAMES KENNETHGAILANPIONEER NATURAL RES
2023LIGHT KAY & K C LIGHT JR TRUSTGAILANPIONEER NATURAL RES

Oil & Gas Sales on Gailan

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39392GAILANNov 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANNov 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANOct 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANOct 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANOct 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANSep 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANSep 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANSep 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANAug 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANAug 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANAug 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJul 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJul 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJul 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJun 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJun 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANJun 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMay 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMay 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMay 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANApr 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANApr 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANApr 2023PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMar 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-39392GAILANMar 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.