Gales

Oil & Gas Property in Panola County, TX

  2. Texas
  3. Panola County, TX
  4. Oil & Gas Properties in Panola County, TX
  5. Gales Oil & Gas Property

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Property Summary

Key data points for Gales

CountyPanola County, TX
Production DatesFeb 1993 - Jun 2026
Total Oil Production33,235 BBLs
Total Gas Production2,001,396 MCF
Recent Oil Production141 BBLs in May 2026
Recent Gas Production2,256 MCF in May 2026
Wells on Property5

Our Valuation Estimates for Gales

ShaleAssessment™

$6,858 *

MarketMultiple™

$22,884 **

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

Based on a decimal interest

Gales Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gales
from Feb 1993 to Jun 2026

Wells on Gales

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-00274GALES, C. C. 1PETROLEUM PRODUCTION MGMT., INC.Plugged Gas WellPanola County, TX32.286205-94.209031
42-365-31773GALES, WILEY 1S M K ENERGY CORPORATIONPlugged Gas WellPanola County, TX32.263175-94.214040
42-365-34283GALES 1BOWLES ENERGY, INC.Temp AbandonedPanola County, TX32.271161-94.198144
42-365-34407GALES 2EQV OPERATING LLCProducingPanola County, TX32.272312-94.189709
42-365-37087GALES WILEY 3DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.262034-94.212794

Leases included in Gales

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-02755GALES, C. C.PETROLEUM PRODUCTION MGMT., INC.Panola County, TX
06-118001GALES, WILEY 1SONAT EXPLORATION COMPANYPanola County, TX
06-130312GALES, WILEY 1SONAT EXPLORATION COMPANY-MCRPanola County, TX
06-138697GALES, WILEY 1DEVON ENERGY PRODUCTION CO, L.P.Panola County, TX
06-176645GALES 1BOWLES ENERGY, INC.Panola County, TX
06-181231GALES 2EQV OPERATING LLCPanola County, TX
06-242893GALES WILEY 3DIVERSIFIED PRODUCTION LLCPanola County, TX

Operators Associated With Gales

Nearby Properties

These are the closest 20 properties to the Gales property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alexander GenevaPanola County, TX28 BBLs70,791 MCFJun 2026
Brooks-Williams 1Panola County, TX0 BBLs0 MCFAug 2025
Christian C.O. Heirs UnitPanola County, TX0 BBLs7,207 MCFJun 2026
ClementsPanola County, TX0 BBLs0 MCFSep 2025
Davis Ella MaePanola County, TX0 BBLs1,280 MCFJun 2026
Fields AlPanola County, TX0 BBLs2,487 MCFJun 2026
Fina-WernerPanola County, TX0 BBLs2,998 MCFJun 2026
Gulley M.E. Gas UnitPanola County, TX3 BBLs4,214 MCFJun 2026
H11G ChristianPanola County, TX0 BBLs1,637,660 MCFJun 2026
H12C Casey An 1HHPanola County, TX0 BBLs352,388 MCFJun 2026
H12C Clawson BN 2HHPanola County, TX0 BBLs403,636 MCFJun 2026
JerniganPanola County, TX59 BBLs19,298 MCFJun 2026
Louis Werner SawmillPanola County, TX0 BBLs0 MCFMar 2012
Mattie JerniganPanola County, TX0 BBLs133,949 MCFJun 2026
MullinsPanola County, TX35 BBLs1,166,993 MCFJun 2026
PattersonPanola County, TX0 BBLs2,973 MCFJun 2026
Payne Deep-BoundsPanola County, TX2 BBLs644,409 MCFJun 2026
Payne Deep-Dunaway A (Aw) 1HPanola County, TX20 BBLs469,847 MCFJun 2026
Werner Louis SawmillPanola County, TX40 BBLs615 MCFJun 2026
Werner SawmillPanola County, TX0 BBLs0 MCFFeb 2024

Companies in the Area

These are the closest 20 companies operating near the Gales property.

Company Name
Andrew Alan Exploration, Inc.
Arkla Exploration Co.
Bowles Energy, Inc.
Diversified Production LLC
EOG Resources Inc
Eqv Operating LLC
Fina Oil And Chemical Company
Finaly Resources LLC
Glassell Producing Company, Inc.
Graward Operating, Inc.
Par Minerals Corporation
R. Lacy Services, LTD.
S M K Energy Corporation
Sabine Energy Inc.
Seagull Energy E & P Inc
Seagull Mid-South Inc
Sonat Exploration Company -Tyler
TGNR East Texas II LLC
Ursus Oil And Gas
XTO Energy Inc.

Owners of Gales

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026BOWLES ENERGY INCGALES #1BOWLES ENERGY INC
2026EQV OPERATING LLCGALES #2EQV OPERATING LLC
2026SHERIDAN PRODUCTION CO LLCGALES WILEY #3SHERIDAN PROD CO

Oil & Gas Sales on Gales

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-242893GALES WILEY 3May 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3May 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Apr 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Apr 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Mar 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Mar 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Feb 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Feb 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Jan 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Jan 2026SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Dec 2025AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Dec 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Dec 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Nov 2025AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Nov 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Nov 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Oct 2025AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Oct 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Oct 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Sep 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Sep 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Aug 2025AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Aug 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Aug 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Jul 2025AMPLIFY ENERGY OPERATING LLC