Reed Estate

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed Estate

CountyPanola County, TX
Production DatesJan 1993 - Apr 2025
Total Oil Production119,078 BBLs
Total Gas Production8,830,485 MCF
Recent Oil Production161 BBLs in Mar 2025
Recent Gas Production19,257 MCF in Mar 2025
Wells on Property11

Our Valuation Estimates for Reed Estate

ShaleAssessment

$55,118 *

MarketMultiple

$90,477 **

* 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 Apr 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, TX735 BBLs55,711 MCFApr 2025
Bill Powers APanola County, TX24 BBLs529 MCFApr 2025
Cgu 3Panola County, TX0 BBLs43,298 MCFApr 2025
Davis S.L. Gas UnitPanola County, TX79 BBLs1,792 MCFApr 2025
Gleason 1HPanola County, TX86 BBLs33,061 MCFApr 2025
GreenePanola County, TX13 BBLs480 MCFApr 2025
Harrell JPanola County, TX5 BBLs19,884 MCFApr 2025
HarrisPanola County, TX0 BBLs3,838 MCFApr 2025
Harris-Hardin UnitPanola County, TX46 BBLs336 MCFApr 2025
Holland Gas Unit No. 1Panola County, TX26 BBLs1,949 MCFApr 2025
MauritzenPanola County, TX449 BBLs23,636 MCFApr 2025
Powers BillPanola County, TX429 BBLs8,099 MCFApr 2025
ReedPanola County, TX0 BBLs6,402 MCFApr 2025
Reed A. JPanola County, TX0 BBLs0 MCFDec 2024
Reed W.M. Gas UnitPanola County, TX128 BBLs6,434 MCFApr 2025
Robinson M. EPanola County, TX0 BBLs588 MCFApr 2025
S. W. Wilcots Gas UnitPanola County, TX59 BBLs7,078 MCFApr 2025
SmithPanola County, TX52 BBLs1,613 MCFApr 2025
West ClaytonPanola County, TX17 BBLs1,053 MCFApr 2025
Wilcots S.WPanola County, TX0 BBLs2,033 MCFApr 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
2024RFE OPERATING LLCREED ESTATE UNIT #8RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #1RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #17HRFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #5RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #16RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #3RFE OPERATING LLC
2024RFE OPERATING LLCREED ESTATE UNIT #4RFE OPERATING LLC
2024TGNR EAST TEXAS LLC (MIN-RI/ORREED ESTATE UNIT #8RFE OPERATING LLC
Displaying 8 of 1420 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