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 2025
Total Oil Production36,794 BBLs
Total Gas Production3,028,398 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production97 MCF in May 2025
Wells on Property6

Our Valuation Estimates for Gales

ShaleAssessment™

$7,990 *

MarketMultiple™

$430 **

* 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 2025

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
42-365-32997GALES WILEY 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedPanola County, TX32.262074-94.212698
42-365-34283GALES 1BOWLES ENERGY, INC.Temp AbandonedPanola County, TX32.271161-94.198144
42-365-34407GALES 2AMPLIFY ENERGY OPERATING LLCProducingPanola County, TX32.272312-94.189709
42-365-37087GALES WILEY 3SHERIDAN PRODUCTION CO III, LLCProducingPanola County, TX32.262034-94.212794

Leases included in Gales

Lease #Lease NameOperatorCountyMonthly 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
06-151842GALES WILEY 2SHERIDAN PRODUCTION CO III, LLCPanola County, TX
06-176645GALES 1BOWLES ENERGY, INC.Panola County, TX
06-181231GALES 2AMPLIFY ENERGY OPERATING LLCPanola County, TX
06-242893GALES WILEY 3SHERIDAN PRODUCTION CO III, 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, TX5 BBLs136,125 MCFJun 2025
Brooks-Williams 1Panola County, TX0 BBLs235 MCFJun 2025
Carter-Weiner HV UnitPanola County, TX0 BBLs524,868 MCFJun 2025
Christian C.O. Heirs UnitPanola County, TX0 BBLs6,512 MCFJun 2025
ClementsPanola County, TX2 BBLs0 MCFMay 2025
Davis Ella MaePanola County, TX1 BBLs1,353 MCFJun 2025
Fields AlPanola County, TX0 BBLs2,393 MCFJun 2025
Fina-WernerPanola County, TX0 BBLs2,685 MCFJun 2025
Furrh-Carter HV UnitPanola County, TX0 BBLs195,883 MCFJun 2025
Gulley M.E. Gas UnitPanola County, TX23 BBLs4,674 MCFJun 2025
Harrison HV UnitPanola County, TX0 BBLs200,478 MCFJun 2025
Hill Heirs Deep Gas UnitPanola County, TX0 BBLs56,395 MCFJun 2025
JerniganPanola County, TX137 BBLs18,546 MCFJun 2025
Keller CPanola County, TX0 BBLs1,875 MCFJun 2025
Louis Werner SawmillPanola County, TX0 BBLs0 MCFMar 2012
Mattie JerniganPanola County, TX0 BBLs62,358 MCFJun 2025
MullinsPanola County, TX11 BBLs142,422 MCFJun 2025
PattersonPanola County, TX0 BBLs1,769 MCFJun 2025
Werner Louis SawmillPanola County, TX0 BBLs267 MCFJun 2025
Werner SawmillPanola County, TX0 BBLs0 MCFFeb 2024

Companies in the Area

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

Company Name
Amplify Energy Operating LLC
Andrew Alan Exploration, Inc.
Arkla Exploration Co.
Bowles Energy, Inc.
EOG Resources, Inc.
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 Oil & Gas Corporation
Seagull Energy E & P Inc
Seagull Mid-South Inc
Sheridan Production Co III, LLC
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
2025BOWLES ENERGY INCGALES #1BOWLES ENERGY INC
2025AMPLIFY ENERGY OPERATINGGALES #2AMPLIFY ENERGY OPER
2025SHERIDAN PRODUCTION CO LLCGALES WILEY #3SHERIDAN PROD CO
2025SHERIDAN PRODUCTION CO LLCGALES WILEY #2SHERIDAN PROD CO LLC

Oil & Gas Sales on Gales

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-181231GALES 2Mar 2025AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Mar 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Mar 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Feb 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Feb 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Jan 2025AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Jan 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-242893GALES WILEY 3Jan 2025SHERIDAN PRODUCTION COMPANY III, LLC
06-181231GALES 2Dec 2024AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Dec 2024SHERIDAN PRODUCTION COMPANY, LLC
06-242893GALES WILEY 3Dec 2024SHERIDAN PRODUCTION COMPANY, LLC
06-181231GALES 2Nov 2024AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Nov 2024SHERIDAN PRODUCTION COMPANY, LLC
06-242893GALES WILEY 3Nov 2024SHERIDAN PRODUCTION COMPANY, LLC
06-181231GALES 2Oct 2024AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Oct 2024SHERIDAN PRODUCTION COMPANY, LLC
06-242893GALES WILEY 3Oct 2024SHERIDAN PRODUCTION COMPANY, LLC
06-181231GALES 2Sep 2024AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-242893GALES WILEY 3Sep 2024SHERIDAN PRODUCTION COMPANY, LLC
06-181231GALES 2Aug 2024AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-242893GALES WILEY 3Aug 2024SHERIDAN PRODUCTION COMPANY, LLC
06-181231GALES 2Jul 2024AMPLIFY ENERGY OPERATING LLC
06-242893GALES WILEY 3Jul 2024SHERIDAN PRODUCTION COMPANY, LLC