Reed Estate

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed Estate

CountyPanola County, TX
Production DatesJan 1993 - Sep 2025
Total Oil Production119,834 BBLs
Total Gas Production8,925,017 MCF
Recent Oil Production40 BBLs in Aug 2025
Recent Gas Production19,237 MCF in Aug 2025
Wells on Property11

Our Valuation Estimates for Reed Estate

ShaleAssessment

$51,983 *

MarketMultiple

$99,239 **

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

Based on a decimal interest

Reed Estate Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Reed Estate
from Jan 1993 to Sep 2025

Wells on Reed Estate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-31125REED ESTATE UNIT 1RFE OPERATING, LLCProducingPanola County, TX32.117230-94.483036
42-365-31726REED ESTATE UNIT 2RFE OPERATING, LLCProducingPanola County, TX32.117619-94.493904
42-365-35771REED ESTATE UNIT 3RFE OPERATING, LLCProducingPanola County, TX32.118325-94.480288
42-365-36364REED ESTATE UNIT 4RFE OPERATING, LLCProducingPanola County, TX32.114210-94.487015
42-365-36365REED ESTATE UNIT 5RFE OPERATING, LLCProducingPanola County, TX32.114367-94.478474
42-365-36371REED ESTATE UNIT 6RFE OPERATING, LLCProducingPanola County, TX32.113004-94.493704
42-365-36786REED ESTATE GAS UNIT 9CHESAPEAKE OPERATING, INC.Sidetrack Well Surface LocationPanola County, TX32.118163-94.502803
42-365-36795REED ESTATE UNIT 7RFE OPERATING, LLCProducingPanola County, TX32.113424-94.493947
42-365-36823REED ESTATE GAS UNIT 8RFE OPERATING, LLCProducingPanola County, TX32.117927-94.502842
42-365-36825REED ESTATE UNIT 16RFE OPERATING, LLCProducingPanola County, TX32.117874-94.502888
42-365-37625REED ESTATE UNIT 17HRFE OPERATING, LLCProducingPanola County, TX32.122852-94.488204

Leases included in Reed Estate

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-091209REED ESTATE UNIT 1RFE OPERATING, LLCPanola County, TX
06-117004REED ESTATE UNIT 2RFE OPERATING, LLCPanola County, TX
06-14078REED ESTATE UNITINDIGO MINERALS LLCPanola County, TX
06-222602REED ESTATE UNIT 3RFE OPERATING, LLCPanola County, TX
06-224408REED ESTATE UNIT 4RFE OPERATING, LLCPanola County, TX
06-226141REED ESTATE UNIT 5RFE OPERATING, LLCPanola County, TX
06-228394REED ESTATE UNIT 6RFE OPERATING, LLCPanola County, TX
06-232925REED ESTATE UNIT 7SLANT OPERATING, LLCPanola County, TX
06-242127REED ESTATE GAS UNIT 8SLANT OPERATING, LLCPanola County, TX
06-242131REED ESTATE UNIT 16SLANT OPERATING, LLCPanola County, TX
06-260679REED ESTATE UNIT 17HRFE OPERATING, LLCPanola County, TX
06-278038REED ESTATE UNIT 2RFE OPERATING, LLCPanola County, TX
06-291178REED ESTATE UNIT 7RFE OPERATING, LLCPanola County, TX
06-292408REED ESTATE UNIT 16RFE OPERATING, LLCPanola County, TX
06-292474REED ESTATE GAS UNIT 8RFE OPERATING, LLCPanola County, TX
06-292576REED ESTATE UNIT 1RFE OPERATING, LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Reed Estate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeckhamPanola County, TX563 BBLs51,973 MCFAug 2025
Bill Powers APanola County, TX0 BBLs102 MCFSep 2025
Cgu 3Panola County, TX0 BBLs47,484 MCFAug 2025
Davis S.L. Gas UnitPanola County, TX73 BBLs2,744 MCFSep 2025
Gleason 1HPanola County, TX166 BBLs31,696 MCFSep 2025
GreenePanola County, TX16 BBLs522 MCFSep 2025
Harrell JPanola County, TX0 BBLs0 MCFJul 2025
HarrisPanola County, TX0 BBLs2,114 MCFSep 2025
Harris-Hardin UnitPanola County, TX0 BBLs1,142 MCFSep 2025
Holland Gas Unit No. 1Panola County, TX1 BBLs1,128 MCFSep 2025
MauritzenPanola County, TX319 BBLs23,442 MCFSep 2025
Powers BillPanola County, TX0 BBLs5,608 MCFSep 2025
ReedPanola County, TX0 BBLs4,822 MCFSep 2025
Reed A.J. EstatePanola County, TX0 BBLs288 MCFAug 2025
Reed W.M. Gas UnitPanola County, TX84 BBLs7,541 MCFSep 2025
Robinson M. EPanola County, TX0 BBLs182 MCFSep 2025
S. W. Wilcots Gas UnitPanola County, TX0 BBLs4,071 MCFSep 2025
SmithPanola County, TX8 BBLs359 MCFSep 2025
West ClaytonPanola County, TX11 BBLs3,098 MCFSep 2025
Wilcots S.WPanola County, TX0 BBLs2,444 MCFSep 2025

Frac'ing activity on Reed Estate

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-365-31125Reed #1
42-365-36795Reed #7
42-365-36823Reed #8
42-365-36825Reed #16

Owners of Reed Estate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025RFE OPERATING LLCREED ESTATE UNIT #8RFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #17HRFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #16RFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #3RFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #4RFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #5RFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #6RFE OPERATING LLC
2025RFE OPERATING LLCREED ESTATE UNIT #2RFE OPERATING LLC
Displaying 8 of 837 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Estate

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-222602REED ESTATE UNIT 3Apr 2025RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Apr 2025RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Apr 2025RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HApr 2025RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Apr 2025RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Apr 2025RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Apr 2025RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Apr 2025RFE ETX III, LLC
06-222602REED ESTATE UNIT 3Mar 2025RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Mar 2025RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Mar 2025RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HMar 2025RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Mar 2025RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Mar 2025RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Mar 2025TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-292408REED ESTATE UNIT 16Mar 2025RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Mar 2025RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Mar 2025RFE ETX III, LLC
06-091209REED ESTATE UNIT 1Feb 2025TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-222602REED ESTATE UNIT 3Feb 2025RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Feb 2025RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Feb 2025RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HFeb 2025RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Feb 2025RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Feb 2025RFE ETX III, LLC