Underwood

Oil & Gas Property in Milam County, TX

  2. Texas
  3. Milam County, TX
  4. Oil & Gas Properties in Milam County, TX
  5. Underwood Oil & Gas Property

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Property Summary

Key data points for Underwood

CountyMilam County, TX
Production DatesJan 1993 - Dec 2025
Total Oil Production367,621 BBLs
Total Gas Production2,940 MCF
Recent Oil Production265 BBLs in Nov 2025
Recent Gas Production0 MCF in Nov 2025
Wells on Property17

Our Valuation Estimates for Underwood

ShaleAssessment™

$19,066 *

MarketMultiple™

$29,643 **

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

Based on a decimal interest

Underwood Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Underwood
from Jan 1993 to Dec 2025

Wells on Underwood

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-30028UNDERWOOD, T. R. 1ASELLERS LEASE SERVICE, INC.Plugged Oil WellMilam County, TX30.580646-96.921827
42-331-31465UNDERWOOD, THOMAS R. 1FERGUSON, TED R.,INC.Plugged Oil WellMilam County, TX30.587436-96.921516
42-331-33068UNDERWOOD 2SHELDON RESOURCES, L.P.ProducingMilam County, TX30.582464-96.922646
42-331-33126UNDERWOOD 3HEARTLAND RESOURCES, INC.Permitted LocationMilam County, TX30.587055-96.921378
42-331-33289UNDERWOOD 43R-B OIL VENTUREPlugged Oil WellMilam County, TX30.583921-96.920650
42-331-33328UNDERWOOD 53R-B OIL VENTUREPlugged Oil/Gas WellMilam County, TX30.581971-96.923009
42-331-33344UNDERWOOD 6SHELDON RESOURCES, L.P.ProducingMilam County, TX30.581860-96.921737
42-331-33409UNDERWOOD 7SHELDON RESOURCES, L.P.ProducingMilam County, TX30.581181-96.923224
42-331-33442UNDERWOOD 83R-B OIL VENTUREPlugged Oil WellMilam County, TX30.582792-96.922153
42-331-33443UNDERWOOD 93R-B OIL VENTUREPlugged Oil WellMilam County, TX30.583399-96.923303
42-331-33473UNDERWOOD 12SHELDON RESOURCES, L.P.ProducingMilam County, TX30.582594-96.920983
42-331-33474UNDERWOOD 10SHELDON RESOURCES, L.P.ProducingMilam County, TX30.582932-96.924179
42-331-33559UNDERWOOD 11SHELDON RESOURCES, L.P.ProducingMilam County, TX30.582358-96.919868
42-331-33644UNDERWOOD 14SHELDON RESOURCES, L.P.ProducingMilam County, TX30.581892-96.923427
42-331-33718UNDERWOOD 13SHELDON RESOURCES, L.P.ProducingMilam County, TX30.581510-96.923528
42-331-35005UNDERWOOD 15SHELDON RESOURCES, L.P.ProducingMilam County, TX30.583106-96.924082
42-331-35008UNDERWOOD 16SHELDON RESOURCES, L.P.ProducingMilam County, TX30.582838-96.923434

Leases included in Underwood

Lease #Lease NameOperatorCountyMonthly Oil Prod.
01-08425UNDERWOOD, THOMAS R.FERGUSON, TED R.,INC.Milam County, TX
01-09191UNDERWOODBAR S CORPORATIONMilam County, TX
01-11691UNDERWOODSHELDON RESOURCES, L.P.Milam County, TX
01-141087UNDERWOOD 53R-B OIL VENTUREMilam County, TX
03-09987UNDERWOOD, T. R.SELLERS LEASE SERVICE, INC.Milam County, TX

Operators Associated With Underwood

Nearby Properties

These are the closest 20 properties to the Underwood property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alford JBurleson County, TX38 BBLs0 MCFDec 2025
Burleson County OilBurleson County, TX0 BBLs0 MCFNov 2021
Busch R.DMilam County, TX787 BBLs0 MCFDec 2025
C.M. RackelMilam County, TX20 BBLs0 MCFDec 2025
CoffieldBurleson County, TX632 BBLs1,832 MCFDec 2025
CottonBurleson County, TX45 BBLs0 MCFDec 2025
CrittendenBurleson County, TX85 BBLs0 MCFDec 2025
GilliamMilam County, TX202 BBLs0 MCFDec 2025
Glen LumpkinsMilam County, TX375 BBLs0 MCFDec 2025
Herndon-HensleyMilam County, TX36 BBLs42 MCFDec 2025
JonesBurleson County, TX35 BBLs128 MCFDec 2025
McGinty-AveryBurleson County, TX3 BBLs0 MCFNov 2025
MehaffeyMilam County, TX1 BBLs0 MCFDec 2025
MortonBurleson County, TX26 BBLs110 MCFDec 2025
Praesel, ABurleson County, TX0 BBLs0 MCFJun 2025
RussellBurleson County, TX103 BBLs319 MCFDec 2025
Russell KathlBurleson County, TX22 BBLs0 MCFDec 2025
SchneebeliMilam County, TX1,000 BBLs0 MCFDec 2025
Scott D. ABurleson County, TX23 BBLs0 MCFDec 2025
T.R.U. UnitMilam County, TX197 BBLs0 MCFDec 2025

Companies in the Area

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

Company Name
Aim Consultants Inc.
Bet-Ro, Inc.
Brazos Geological Consulting LTD. Co.
Central Plains Oil&Gas Corp. (A)
Crescent Exploration Company
E P C Oil & Gas, Inc.
Ernest Operating Company
Hamman Oil & Refining Company
Heartland Resources, Inc.
Leonard, J. A.
Navalo
Pairadice Oil And Gas Company LLC
Red Chalk Resources LLC
Rosenthal, Stanley H.
Rusk Energy Operating LLC
Seagull Operating Co., Inc.
Sellers Lease Service, Inc.
Sheldon Resources, L.P.
Three Forks Operating Co, LLC
Viceroy Petroleum, LP

Owners of Underwood

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SHELDON RESOURCES LPUNDERWOODSHELDON RESOURCES, L
2025KNIGHT JAN BREDT LIVUNDERWOODSHELDON RESOURCES, L
2025UNDERWOOD THOMAS R IUNDERWOODSHELDON RESOURCES, L
2025VAN DORN KAYUNDERWOODSHELDON RESOURCES, L
2025FINCH FAMILY PARTNERUNDERWOODSHELDON RESOURCES, L
2025SHEPPERD JOE TUNDERWOODSHELDON RESOURCES, L
2025TRUHO ERIN WOODWARDUNDERWOODSHELDON RESOURCES, L
2025WOODWARD ANDREW WUNDERWOODSHELDON RESOURCES, L
Displaying 8 of 20 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Underwood

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-11691UNDERWOODDec 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODNov 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODOct 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODSep 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODAug 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODJul 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODJun 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODMay 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODApr 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODMar 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODJan 2025ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODNov 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODOct 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODSep 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODAug 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODJul 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODJun 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODMay 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODApr 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODMar 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODFeb 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODJan 2024ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODDec 2023ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODNov 2023ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.