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 - Jun 2025
Total Oil Production56,930 BBLs
Total Gas Production644,271 MCF
Recent Oil Production862 BBLs in May 2025
Recent Gas Production25,604 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment

Not Available

MarketMultiple

$397,458 **

* 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 Jun 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
Bellevue UnitClay County, TX0 BBLs0 MCFJan 2025
BlackmonMontague County, TX95 BBLs865 MCFJun 2025
BoedeckerMontague County, TX11 BBLs577 MCFJun 2025
BoedekerMontague County, TX57 BBLs8,903 MCFJun 2025
BriteMontague County, TX0 BBLs300 MCFMay 2025
CantwellMontague County, TX0 BBLs452 MCFJun 2025
ChildressClay County, TX149 BBLs0 MCFJun 2025
ClarkMontague County, TX190 BBLs1,426 MCFJun 2025
Clearfork Unit 1HMontague County, TX174 BBLs3,313 MCFJun 2025
DensonClay County, TX1,508 BBLs42,697 MCFJun 2025
Eanes North UnitMontague County, TX190 BBLs0 MCFJun 2025
Eanes NW /Miss./ UnitMontague County, TX20 BBLs58 MCFJun 2025
Eanes West UnitMontague County, TX232 BBLs12 MCFJun 2025
Gray UnitMontague County, TX314 BBLs6,118 MCFJun 2025
GregoryMontague County, TX13 BBLs5,675 MCFJun 2025
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
MayfieldMontague County, TX0 BBLs0 MCFApr 2025
OrtonClay County, TX131 BBLs0 MCFJun 2025
PattersonClay County, TX0 BBLs0 MCFJun 2025
StarnesClay County, TX47 BBLs0 MCFJun 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