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 - Nov 2025
Total Oil Production62,364 BBLs
Total Gas Production774,563 MCF
Recent Oil Production1,106 BBLs in Oct 2025
Recent Gas Production20,292 MCF in Oct 2025
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment

Not Available

MarketMultiple

$252,135 **

* 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
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to oil and gas production for Gilbert Unit
from May 2024 to Nov 2025

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, TX2,648 BBLs32,627 MCFNov 2025
Bellevue UnitClay County, TX0 BBLs0 MCFJan 2025
BlackmonMontague County, TX75 BBLs746 MCFNov 2025
BoedeckerMontague County, TX16 BBLs2,160 MCFNov 2025
BoedekerMontague County, TX45 BBLs9,925 MCFNov 2025
BriteMontague County, TX0 BBLs1,320 MCFOct 2025
CantwellMontague County, TX0 BBLs332 MCFNov 2025
ClarkMontague County, TX175 BBLs812 MCFNov 2025
DensonClay County, TX1,146 BBLs38,041 MCFNov 2025
Eagle UnitClay County, TX11,609 BBLs54,370 MCFNov 2025
Eanes North UnitMontague County, TX164 BBLs0 MCFNov 2025
Eanes NW /Miss./ UnitMontague County, TX4 BBLs513 MCFNov 2025
Eanes West UnitMontague County, TX378 BBLs103 MCFNov 2025
Gray UnitMontague County, TX0 BBLs2,393 MCFNov 2025
GregoryMontague County, TX2 BBLs4,591 MCFNov 2025
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
OrtonClay County, TX94 BBLs9,530 MCFNov 2025
PattersonClay County, TX195 BBLs0 MCFNov 2025
StarnesClay County, TX47 BBLs0 MCFNov 2025
Wolf UnitMontague County, TX3,005 BBLs82,062 MCFNov 2025

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 UNITApr 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITMar 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITMar 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITFeb 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITFeb 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJan 2025RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITJan 2025TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITDec 2024RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITDec 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITNov 2024RED RIVER CRUDE OIL LLCQUAIL RIDGE PETROLEUM LLC
09-34285GILBERT UNITNov 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITOct 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITSep 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITAug 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJul 2024TRUE OIL TRUCKING & MARKETING, LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJul 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJun 2024TRUE OIL TRUCKING & MARKETING, LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITJun 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC
09-34285GILBERT UNITMay 2024TARGA MIDSTREAM SERVICES LLCQUAIL RIDGE OPERATING LLC