Borders-Smith Unit 3

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Borders-Smith Unit 3

CountyPanola County, TX
Production DatesJan 1993 - Jan 2026
Total Oil Production6,846 BBLs
Total Gas Production3,403,226 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production2,511 MCF in Dec 2025
Wells on Property6

Our Valuation Estimates for Borders-Smith Unit 3

ShaleAssessment

$5,350 *

MarketMultiple

$16,171 **

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

Based on a decimal interest

Borders-Smith Unit 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Borders-Smith Unit 3
from Jan 1993 to Jan 2026

Wells on Borders-Smith Unit 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-01245BORDERS-SMITH UNIT 3 1FAULCONER, VERNON E., INC.Plugged Gas WellPanola County, TX32.113062-94.224550
42-365-30179BORDERS-SMITH UNIT #3 3TGNR EAST TEXAS LLCProducingPanola County, TX32.112701-94.225286
42-365-31985BORDERS-SMITH UNIT 3 4TGNR EAST TEXAS LLCProducingPanola County, TX32.113414-94.237278
42-365-34003BORDERS-SMITH UNIT 3 5UNION PACIFIC RESOURCES COMPANYPermitted LocationPanola County, TX32.113308-94.213383
42-365-34816BORDERS-SMITH UNIT 3 2AHARLETON OIL & GAS INC.ProducingPanola County, TX32.119256-94.220970
42-365-37716BORDERS-SMITH UNIT 3 5HANADARKO E&P COMPANY LPHorizontal Well Surface LocatioPanola County, TX32.118466-94.221497

Leases included in Borders-Smith Unit 3

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-030049BORDERS-SMITH UNIT 3 1FAULCONER, VERNON E., INC.Panola County, TX
06-068657BORDERS-SMITH UNIT #3 3TGNR EAST TEXAS LLCPanola County, TX
06-130724BORDERS-SMITH UNIT 3 4ANADARKO E&P ONSHORE LLCPanola County, TX
06-188808BORDERS-SMITH UNIT 3 2AHARLETON OIL & GAS INC.Panola County, TX
06-268339BORDERS-SMITH UNIT 3 4TGNR EAST TEXAS LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Borders-Smith Unit 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alma Anderson Oil Unit No. 1Panola County, TX0 BBLs0 MCFFeb 2025
Bess Smith Broderick GPanola County, TX18 BBLs4,563 MCFJan 2026
BordersPanola County, TX20 BBLs1,294 MCFJan 2026
Broderick GuPanola County, TX100 BBLs5,971 MCFJan 2026
BS Broderick Gu 2Panola County, TX10 BBLs10,361 MCFJan 2026
Capps Gas UnitPanola County, TX113 BBLs4,583 MCFJan 2026
Caudle Dahlia O. UnitPanola County, TX0 BBLs16,966 MCFJan 2026
Cottle-Reeves UnitPanola County, TX0 BBLs242 MCFJan 2026
FrostPanola County, TX0 BBLs970 MCFJan 2026
Frost CottlePanola County, TX0 BBLs115 MCFJan 2026
Frost H.B. UnitPanola County, TX0 BBLs10,425 MCFJan 2026
Hill LakePanola County, TX0 BBLs3,864 MCFJan 2026
Moore LloydPanola County, TX0 BBLs1,576 MCFJan 2026
Neal Sallie JPanola County, TX0 BBLs14,198 MCFJan 2026
SC4 SmithPanola County, TX0 BBLs373,605 MCFJan 2026
SC5N CaudlePanola County, TX0 BBLs152,340 MCFJan 2026
Smith Ella UnitPanola County, TX0 BBLs9,131 MCFJan 2026
Smith John-Frost Unit #1Panola County, TX0 BBLs111 MCFDec 2025
Werner SmithPanola County, TX15 BBLs5,747 MCFJan 2026
Williamson GenaPanola County, TX0 BBLs0 MCFOct 2025

Owners of Borders-Smith Unit 3

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025TGNR EAST TEXAS LLC (MIN-WI)BORDERS-SMITH #3-3TGNR EAST TEXAS LLC
2025HARLETON OIL & GAS INC (MIN)BORDERS-SMITH #3-2AHARLETON OIL & GAS
2025TGNR EAST TEXAS LLC (MIN-WI)BORDERS-SMITH #3-2AHARLETON OIL & GAS
2025HARLETON OIL & GAS INC (MIN)BORDERS-SMITH #3-2AHARLETON OIL & GAS
2025TGNR EAST TEXAS LLC (MIN-WI)BORDERS-SMITH #3-4TGNR EAST TEXAS LLC
2025CHRISTUS HEALTH INVEST MNGMTBORDERS-SMITH #3-3TGNR EAST TEXAS LLC
2025FIRST METHODIST CHURCH/FW#4418BORDERS-SMITH #3-3TGNR EAST TEXAS LLC
2025FIRST METHODIST CHURCH/FW#4418BORDERS-SMITH #3-2AHARLETON OIL & GAS
Displaying 8 of 192 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Borders-Smith Unit 3

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-068657BORDERS-SMITH UNIT #3 3Nov 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Nov 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Oct 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Oct 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Sep 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Sep 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Aug 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Aug 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-268339BORDERS-SMITH UNIT 3 4Aug 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-268339BORDERS-SMITH UNIT 3 4Aug 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Jul 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Jul 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-268339BORDERS-SMITH UNIT 3 4Jul 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-268339BORDERS-SMITH UNIT 3 4Jul 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Jun 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Jun 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-268339BORDERS-SMITH UNIT 3 4Jun 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-268339BORDERS-SMITH UNIT 3 4Jun 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3May 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3May 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Apr 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Apr 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Mar 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Mar 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC
06-068657BORDERS-SMITH UNIT #3 3Feb 2025CASTLETON COMMODITIES MERCHANT TRADING L.P.TGNR EAST TEXAS LLC