Neal Heirs Unit 1

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Neal Heirs Unit 1

CountyPanola County, TX
OperatorCORSA RESOURCES, LLC
Production DatesApr 2011 - Sep 2025
Total Oil Production2,503 BBLs
Total Gas Production321,745 MCF
Recent Oil Production82 BBLs in Aug 2025
Recent Gas Production3,635 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Neal Heirs Unit 1

ShaleAssessment

$306 *

MarketMultiple

$21,775 **

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

Based on a decimal interest

Neal Heirs Unit 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Neal Heirs Unit 1
from Apr 2011 to Sep 2025

Wells on Neal Heirs Unit 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-37706NEAL HEIRS UNIT 1Corsa Resources, LLCProducingPanola County, TX32.051939-94.444596

Leases included in Neal Heirs Unit 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-265529NEAL HEIRS UNIT 1Corsa Resources, LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Neal Heirs Unit 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BaileyPanola County, TX16 BBLs719 MCFSep 2025
Boles A.M. Gas UnitPanola County, TX68 BBLs3,344 MCFSep 2025
BrannonPanola County, TX168 BBLs10,393 MCFSep 2025
Davis M.LPanola County, TX59 BBLs8,875 MCFSep 2025
FlemingPanola County, TX90 BBLs450 MCFSep 2025
GravesPanola County, TX196 BBLs25,798 MCFSep 2025
HardinPanola County, TX0 BBLs601 MCFSep 2025
HollandPanola County, TX269 BBLs326 MCFSep 2025
J.W. Wiltcher Gas UnitPanola County, TX262 BBLs33,214 MCFSep 2025
JonesPanola County, TX0 BBLs1,518 MCFAug 2025
KeelingPanola County, TX0 BBLs1,896 MCFSep 2025
LangfordPanola County, TX79 BBLs3,502 MCFSep 2025
LathamPanola County, TX0 BBLs30 MCFSep 2025
Moss W.S. EstatePanola County, TX3 BBLs1,755 MCFSep 2025
PagePanola County, TX105 BBLs12,758 MCFSep 2025
Ritter Mattie HPanola County, TX12 BBLs1,112 MCFSep 2025
RitzPanola County, TX0 BBLs161 MCFAug 2025
Thomas CharlesPanola County, TX252 BBLs21,714 MCFSep 2025
Williams Dudley Heirs 1HPanola County, TX45 BBLs3,815 MCFSep 2025
Williams-IngramPanola County, TX35 BBLs2,822 MCFSep 2025

Owners of Neal Heirs Unit 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CORSA RESOURCES LLCNEAL HEIRS UNIT #1CORSA RESOURCES LLC
2025CORSA RESOURCES LLCNEAL HEIRS UNIT #1CORSA RESOURCES LLC

Oil & Gas Sales on Neal Heirs Unit 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-265529NEAL HEIRS UNIT 1Apr 2025CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Mar 2025CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Feb 2025CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Jan 2025CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Dec 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Nov 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Oct 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Oct 2024TRUTH RESOURCES, L.P.CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Sep 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Aug 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Jul 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Jun 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1May 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1May 2024TRUTH RESOURCES, L.P.CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Apr 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Mar 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Feb 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Feb 2024TRUTH RESOURCES, L.P.CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Jan 2024CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Jan 2024TRUTH RESOURCES, L.P.CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Dec 2023CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Nov 2023CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Oct 2023CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Sep 2023CORSA RESOURCES, LLC
06-265529NEAL HEIRS UNIT 1Aug 2023CORSA RESOURCES, LLC