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 - Apr 2025
Total Oil Production54,903 BBLs
Total Gas Production590,985 MCF
Recent Oil Production1,753 BBLs in Mar 2025
Recent Gas Production38,910 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Gilbert Unit

ShaleAssessment

Not Available

MarketMultiple

$471,785 **

* 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 Apr 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, TX113 BBLs2,982 MCFApr 2025
BoedeckerMontague County, TX10 BBLs1,280 MCFApr 2025
BoedekerMontague County, TX32 BBLs10,017 MCFApr 2025
BriteMontague County, TX0 BBLs18 MCFMar 2025
CantwellMontague County, TX0 BBLs528 MCFApr 2025
ChildressClay County, TX167 BBLs0 MCFApr 2025
ClarkMontague County, TX156 BBLs607 MCFApr 2025
DensonClay County, TX2,548 BBLs58,613 MCFApr 2025
Eanes North UnitMontague County, TX194 BBLs0 MCFApr 2025
Eanes NW /Miss./ UnitMontague County, TX5 BBLs0 MCFApr 2025
Eanes West UnitMontague County, TX50 BBLs0 MCFApr 2025
Fat DogMontague County, TX18 BBLs3,265 MCFApr 2025
Gray UnitMontague County, TX0 BBLs3,505 MCFApr 2025
GregoryMontague County, TX56 BBLs7,011 MCFApr 2025
Hensley 4Montague County, TX0 BBLs0 MCFSep 2023
MayfieldMontague County, TX0 BBLs0 MCFApr 2025
OrtonClay County, TX164 BBLs5,113 MCFMar 2025
PattersonClay County, TX61 BBLs0 MCFApr 2025
StarnesClay County, TX49 BBLs0 MCFApr 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

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