Heard Unit

Oil & Gas Property in Montague County, TX

  2. Texas
  3. Montague County, TX
  4. Oil & Gas Properties in Montague County, TX
  5. Heard Unit Oil & Gas Property

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Property Summary

Key data points for Heard Unit

CountyMontague County, TX
Production DatesNov 1997 - Jan 2024
Total Oil Production44,037 BBLs
Total Gas Production836,240 MCF
Recent Oil Production110 BBLs in Dec 2023
Recent Gas Production2,800 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Heard Unit

ShaleAssessment™

Not Available

MarketMultiple™

$23,165 **

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

Based on a decimal interest

Heard Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Heard Unit
from Nov 1997 to Jan 2024

Wells on Heard Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-337-33181HEARD UNIT 1GREAT AMERICAN RESOURCES INC.Oil WellMontague County, TX33.569279-97.801909
42-337-34614HEARD UNIT 2HEOG RESOURCES, INC.ProducingMontague County, TX33.559609-97.798311

Leases included in Heard Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-274008HEARD UNIT 2HEOG RESOURCES, INC.Montague County, TX
09-29453HEARD UNITGREAT AMERICAN RESOURCES INC.Montague County, TX
09-32351HEARD UNITEOG RESOURCES, INC.Montague County, TX

Operators Associated With Heard Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Austin UnitMontague County, TX10 BBLs8,823 MCFJan 2024
Ava UnitMontague County, TX13 BBLs6,697 MCFJan 2024
BartlettMontague County, TX38 BBLs7,574 MCFJan 2024
CherryMontague County, TX151 BBLs5,499 MCFJan 2024
CollinsMontague County, TX39 BBLs5,337 MCFJan 2024
George UnitMontague County, TX30 BBLs3,142 MCFJan 2024
Gray UnitMontague County, TX61 BBLs4,857 MCFJan 2024
GriggsMontague County, TX20 BBLs1,852 MCFJan 2024
Hailey UnitMontague County, TX34 BBLs7,714 MCFJan 2024
Hanks UnitMontague County, TX30 BBLs2,011 MCFJan 2024
Hoeldtke-Zetzsche Unit #1Montague County, TX395 BBLs2,351 MCFJan 2024
Ketchum UnitMontague County, TX57 BBLs5,375 MCFJan 2024
PacificMontague County, TX134 BBLs11,573 MCFJan 2024
PraterMontague County, TX2 BBLs2,286 MCFJan 2024
RothMontague County, TX0 BBLs0 MCFOct 2023
Shockley UnitMontague County, TX0 BBLs5,131 MCFJan 2024
South Hills UnitMontague County, TX58 BBLs7,894 MCFJan 2024
WalesMontague County, TX0 BBLs1,980 MCFJan 2024
WatsonMontague County, TX205 BBLs13,021 MCFJan 2024
Wilson UnitMontague County, TX15 BBLs4,399 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Heard Unit property.

Company Name
Bennett Production Corporation
Brammer Supply Inc
CD Consulting & Operating Co.
Cico Oil & Gas Company
Creed Operating Co., LLC
Dimock Operating Company
Eagleridge Operating, LLC
EOG Resources Inc
Houtchens, D. D.
Ingram, J. Oil & Gas, Inc.
J & A Operating
Knight, Reuben B.
McCutchin Petroleum Corporation
Ranger Operating Co.
Scout Energy Management LLC
Stephens & Johnson Operating Co.
Valley Petroleum Company
Walter H. Husfeld Oil Co LLC
Western Chief Oil & Gas Company
Wise Production Company

Owners of Heard Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023EOG RESOURCES INC (WI)HEARD UNIT 2HEOG RESOURCES
2023HEARD ERNEST SAM (DEC'D)HEARD UNIT 2HEOG RESOURCES
2023HEARD FAMILY REVOCABLE TRUSTHEARD UNIT 2HEOG RESOURCES
2023HEAPE SCOTT GHEARD UNIT 2HEOG RESOURCES
2023HEARD MARJORIEHEARD UNIT 2HEOG RESOURCES
2023GREAT AMERICAN RESOURCES INCHEARD UNITGREAT AMERICAN RES
202377 OIL PROPERTIES INCHEARD UNIT 2HEOG RESOURCES
2023TALBOT LYNNE WHALINGHEARD UNIT 2HEOG RESOURCES
Displaying 8 of 95 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Heard Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-274008HEARD UNIT 2HNov 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HNov 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HNov 2023EOG RESOURCES, INC.EOG RESOURCES, INC.
09-274008HEARD UNIT 2HNov 2023RED RIVER CRUDE OIL LLCEOG RESOURCES, INC.
09-274008HEARD UNIT 2HOct 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HOct 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HSep 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HSep 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HAug 2023VITOL INC.EOG RESOURCES, INC.
09-274008HEARD UNIT 2HAug 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HAug 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HJul 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HJul 2023VITOL INC.EOG RESOURCES, INC.
09-274008HEARD UNIT 2HJul 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HJun 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HJun 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HMay 2023VITOL INC.EOG RESOURCES, INC.
09-274008HEARD UNIT 2HMay 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HMay 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HApr 2023VITOL INC.EOG RESOURCES, INC.
09-274008HEARD UNIT 2HApr 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HApr 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HMar 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HMar 2023EOG RESOURCES, INC.
09-274008HEARD UNIT 2HFeb 2023EOG RESOURCES, INC.