Walthall Estate-Heard Unit

Oil & Gas Property in Montague County, TX

Property Summary

Key data points for Walthall Estate-Heard Unit

CountyMontague County, TX
OperatorIPR ENERGY PARTNERS, LLC
Production DatesJan 1993 - May 2025
Total Oil Production79,584 BBLs
Total Gas Production1,783 MCF
Recent Oil Production28 BBLs in Apr 2025
Recent Gas Production0 MCF in Apr 2025
Wells on Property3

Our Valuation Estimates for Walthall Estate-Heard Unit

ShaleAssessment

$4,177 *

MarketMultiple

$12,902 **

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

Based on a decimal interest

Walthall Estate-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 Walthall Estate-Heard Unit
from Jan 1993 to May 2025

Wells on Walthall Estate-Heard Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-337-00175WALTHALL ESTATE-HEARD UNIT B 1IPR ENERGY PARTNERS, LLCPlugged Oil WellMontague County, TX33.650048-97.853684
42-337-02853WALTHALL ESTATE-HEARD UNIT A 1IPR ENERGY PARTNERS, LLCPlugged Oil WellMontague County, TX33.651395-97.862886
42-337-02854WALTHALL ESTATE-HEARD UNIT B3IPR ENERGY PARTNERS, LLCProducingMontague County, TX33.653492-97.853973

Leases included in Walthall Estate-Heard Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-15549WALTHALL ESTATE-HEARD UNITIPR ENERGY PARTNERS, LLCMontague County, TX

Nearby Properties

These are the closest 20 properties to the Walthall Estate-Heard Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArnoldMontague County, TX19 BBLs3,959 MCFMay 2025
Barker A UnitMontague County, TX109 BBLs8,329 MCFMay 2025
BensonMontague County, TX18 BBLs3,768 MCFMay 2025
Blake A UnitMontague County, TX22 BBLs2,253 MCFMay 2025
Blake B UnitMontague County, TX29 BBLs3,230 MCFMay 2025
BristolMontague County, TX38 BBLs3,119 MCFMay 2025
CarmonyMontague County, TX32 BBLs7,583 MCFMay 2025
DarlingtonMontague County, TX53 BBLs2,397 MCFMay 2025
East Queens PeMontague County, TX488 BBLs0 MCFApr 2025
HeardMontague County, TX43 BBLs0 MCFMay 2025
HenryMontague County, TX365 BBLs0 MCFMay 2025
MadsenMontague County, TX80 BBLs21,887 MCFMay 2025
MatneyMontague County, TX331 BBLs0 MCFMay 2025
Melva UnitMontague County, TX11 BBLs2,336 MCFMay 2025
ParkerMontague County, TX39 BBLs5,137 MCFMay 2025
Pent UnitMontague County, TX61 BBLs6,322 MCFMay 2025
PutnamMontague County, TX168 BBLs11,940 MCFMay 2025
Runnels UnitMontague County, TX304 BBLs5,920 MCFMay 2025
Talledega UnitMontague County, TX94 BBLs5,833 MCFMay 2025
WalthallMontague County, TX96 BBLs3,192 MCFMay 2025

Owners of Walthall Estate-Heard Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VENTEX OPERATING CORPWALTHALL-HEARD UNITVENTEX OPERATING

Oil & Gas Sales on Walthall Estate-Heard Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-15549WALTHALL ESTATE-HEARD UNITFeb 2025PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITJan 2025PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITNov 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITOct 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITAug 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITJul 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITMay 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITApr 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITFeb 2024PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITNov 2023PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITSep 2023PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITJul 2023PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITJun 2023PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITMay 2023PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITApr 2023PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITNov 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITSep 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITAug 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITJun 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITMay 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITApr 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITFeb 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITJan 2022PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITNov 2021PLAINS MARKETING, L.P.VENTEX OPERATING CORP.
09-15549WALTHALL ESTATE-HEARD UNITOct 2021PLAINS MARKETING, L.P.VENTEX OPERATING CORP.