Gilbert Unit

Oil & Gas Property in Montague County, TX

Property Summary

Key data points for Gilbert Unit

CountyMontague County, TX
OperatorQUAIL RIDGE OPERATING LLC
Production DatesMay 2024 - Feb 2026
Total Oil Production64,427 BBLs
Total Gas Production860,159 MCF
Recent Oil Production575 BBLs in Jan 2026
Recent Gas Production31,327 MCF in Jan 2026
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment

Not Available

MarketMultiple

$259,138 **

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

Based on a decimal interest

Gilbert Unit 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 Gilbert Unit
from May 2024 to Feb 2026

Wells on Gilbert Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-337-35494GILBERT UNIT 1HQUAIL RIDGE OPERATING LLCProducingMontague County, TX33.556161-97.958570
42-337-35495GILBERT UNIT 2HQUAIL RIDGE OPERATING LLCProducingMontague County, TX33.556162-97.958636
42-337-35496GILBERT UNIT 3HQUAIL RIDGE OPERATING LLCProducingMontague County, TX33.556162-97.958702
42-337-35502GILBERT UNIT 4QUAIL RIDGE OPERATING LLCInjectionMontague County, TX33.556271-97.958504

Leases included in Gilbert Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-34285GILBERT UNITQUAIL RIDGE OPERATING LLCMontague County, TX
09-34314GILBERT UNITQUAIL RIDGE OPERATING LLCMontague County, TX

Nearby Properties

These are the closest 20 properties to the Gilbert Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bear UnitMontague County, TX1,812 BBLs36,624 MCFFeb 2026
Bellevue UnitClay County, TX0 BBLs0 MCFJan 2025
BlackmonMontague County, TX39 BBLs1,223 MCFFeb 2026
BoedeckerMontague County, TX9 BBLs1,595 MCFFeb 2026
BoedekerMontague County, TX62 BBLs8,916 MCFFeb 2026
BriteMontague County, TX0 BBLs1,268 MCFFeb 2026
CantwellMontague County, TX0 BBLs311 MCFFeb 2026
ClarkMontague County, TX236 BBLs941 MCFFeb 2026
DensonClay County, TX752 BBLs34,269 MCFFeb 2026
Eagle UnitClay County, TX5,512 BBLs46,930 MCFFeb 2026
Eanes North UnitMontague County, TX146 BBLs0 MCFFeb 2026
Eanes NW /Miss./ UnitMontague County, TX97 BBLs0 MCFJan 2026
Eanes West UnitMontague County, TX27 BBLs0 MCFJan 2026
Gray UnitMontague County, TX106 BBLs3,567 MCFFeb 2026
GregoryMontague County, TX6 BBLs7,908 MCFFeb 2026
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
OrtonClay County, TX41 BBLs3,927 MCFFeb 2026
PattersonClay County, TX102 BBLs0 MCFFeb 2026
StarnesClay County, TX26 BBLs0 MCFFeb 2026
Wolf UnitMontague County, TX1,424 BBLs52,076 MCFFeb 2026

Frac'ing activity on Gilbert Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-337-35494Gilbert Unit 3H
42-337-35495Gilbert Unit 2H
42-337-35496Gilbert Unit 1H

Owners of Gilbert Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025QUAIL RIDGE OPERATING LLCGILBERT UNIT W#1H-3HQUAIL RIDGE OPER
2025QUAIL RIDGE OPERATING LLCGILBERT UNIT W#1H-3HQUAIL RIDGE OPER

Oil & Gas Sales on Gilbert Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-34285GILBERT UNITMar 2026RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITFeb 2026RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITFeb 2026TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJan 2026RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITJan 2026TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITDec 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITDec 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITNov 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITNov 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITOct 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITOct 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITSep 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITSep 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITAug 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITAug 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJul 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJul 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITJun 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITJun 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITMay 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITMay 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITApr 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITApr 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITMar 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITMar 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC