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 - May 2026
Total Oil Production368,688 BBLs
Total Gas Production2,940 MCF
Recent Oil Production219 BBLs in Apr 2026
Recent Gas Production0 MCF in Apr 2026
Wells on Property17

Our Valuation Estimates for Underwood

ShaleAssessment™

$18,020 *

MarketMultiple™

$25,212 **

* 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 May 2026

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, TX40 BBLs0 MCFApr 2026
Burleson County OilBurleson County, TX0 BBLs0 MCFNov 2021
Busch R.DMilam County, TX869 BBLs0 MCFMay 2026
C.M. RackelMilam County, TX20 BBLs0 MCFApr 2026
CoffieldBurleson County, TX799 BBLs1,652 MCFMay 2026
CottonBurleson County, TX33 BBLs0 MCFApr 2026
CrittendenBurleson County, TX36 BBLs0 MCFMay 2026
GilliamMilam County, TX205 BBLs0 MCFMay 2026
Glen LumpkinsMilam County, TX458 BBLs0 MCFMay 2026
Herndon-HensleyMilam County, TX59 BBLs85 MCFMay 2026
JonesBurleson County, TX40 BBLs146 MCFMay 2026
McGinty-AveryBurleson County, TX5 BBLs0 MCFMay 2026
MehaffeyMilam County, TX2 BBLs0 MCFMay 2026
MortonBurleson County, TX0 BBLs39 MCFMay 2026
Praesel, ABurleson County, TX0 BBLs0 MCFJun 2025
RussellBurleson County, TX56 BBLs496 MCFMay 2026
Russell KathlBurleson County, TX8 BBLs0 MCFMay 2026
SchneebeliMilam County, TX938 BBLs0 MCFMay 2026
Scott D. ABurleson County, TX14 BBLs0 MCFMay 2026
T.R.U. UnitMilam County, TX164 BBLs0 MCFMay 2026

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
Ferguson-Burns Leasing Co.
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
01-11691UNDERWOODMar 2026ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
01-11691UNDERWOODFeb 2026ENERGY TRANSFER CRUDE MARKETING LLCSHELDON RESOURCES, L.P.
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.