Reed Estate

Oil & Gas Property in Panola County, TX

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

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Property Summary

Key data points for Reed Estate

CountyPanola County, TX
Production DatesJan 1993 - Apr 2026
Total Oil Production121,748 BBLs
Total Gas Production9,017,172 MCF
Recent Oil Production151 BBLs in Mar 2026
Recent Gas Production11,654 MCF in Mar 2026
Wells on Property11

Our Valuation Estimates for Reed Estate

ShaleAssessment™

$47,904 *

MarketMultiple™

$94,471 **

* 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 2026

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

Operators Associated With Reed Estate

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeckhamPanola County, TX608 BBLs49,017 MCFApr 2026
Bill Powers APanola County, TX0 BBLs47 MCFApr 2026
Cgu 3Panola County, TX0 BBLs56,977 MCFApr 2026
Davis S.L. Gas UnitPanola County, TX267 BBLs5,540 MCFApr 2026
Gleason 1HPanola County, TX155 BBLs24,647 MCFApr 2026
GreenePanola County, TX0 BBLs111 MCFApr 2026
Harrell JPanola County, TX100 BBLs10,583 MCFApr 2026
HarrisPanola County, TX89 BBLs4,946 MCFApr 2026
Harris-Hardin UnitPanola County, TX0 BBLs419 MCFApr 2026
Holland Gas Unit No. 1Panola County, TX8 BBLs1,338 MCFApr 2026
MauritzenPanola County, TX426 BBLs22,626 MCFApr 2026
Powers BillPanola County, TX0 BBLs4,773 MCFApr 2026
ReedPanola County, TX0 BBLs6,662 MCFApr 2026
Reed A.J. EstatePanola County, TX0 BBLs0 MCFJan 2026
Reed W.M. Gas UnitPanola County, TX171 BBLs9,077 MCFApr 2026
Robinson M. EPanola County, TX0 BBLs717 MCFApr 2026
S. W. Wilcots Gas UnitPanola County, TX27 BBLs5,835 MCFApr 2026
SmithPanola County, TX15 BBLs2,200 MCFApr 2026
West ClaytonPanola County, TX93 BBLs3,384 MCFApr 2026
Wilcots S.WPanola County, TX0 BBLs1,718 MCFApr 2026

Companies in the Area

These are the closest 20 companies operating near the Reed Estate property.

Company Name
Anadarko E&P Company LP
Arco Oil & Gas Company
BP America Production Company
Chesapeake Operating, Inc.
Chevron USA Inc
Craton Energy Holdings III, LP
Eqv Operating LLC
Harleton Oil & Gas Inc.
Indigo Minerals LLC
M. E. Operating & Services, Inc.
MMGL East Texas III, LLC
Pedernales Petroleum Op, LLC
Preston Exploration LLC
Rfe Operating, LLC
Strand Energy, L.C.
Texaco E & P Inc.
TGNR East Texas LLC
TGNR Panola LLC
Union Pacific Resources Co.
XTO Energy Inc.

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
06-224408REED ESTATE UNIT 4Feb 2026RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Feb 2026RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Feb 2026RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HFeb 2026RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Feb 2026RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Feb 2026RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Feb 2026RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Feb 2026RFE ETX III, LLC
06-222602REED ESTATE UNIT 3Jan 2026RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Jan 2026RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Jan 2026RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Jan 2026RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HJan 2026RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Jan 2026RFE ETX III, LLC
06-292408REED ESTATE UNIT 16Jan 2026RFE ETX III, LLC
06-292474REED ESTATE GAS UNIT 8Jan 2026RFE ETX III, LLC
06-292576REED ESTATE UNIT 1Jan 2026RFE ETX III, LLC
06-222602REED ESTATE UNIT 3Dec 2025RFE ETX III, LLC
06-224408REED ESTATE UNIT 4Dec 2025RFE ETX III, LLC
06-226141REED ESTATE UNIT 5Dec 2025TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-226141REED ESTATE UNIT 5Dec 2025RFE ETX III, LLC
06-228394REED ESTATE UNIT 6Dec 2025RFE ETX III, LLC
06-260679REED ESTATE UNIT 17HDec 2025RFE ETX III, LLC
06-278038REED ESTATE UNIT 2Dec 2025RFE ETX III, LLC
06-291178REED ESTATE UNIT 7Dec 2025RFE ETX III, LLC