Reed W.M. Gas Unit

Oil & Gas Property in Panola County, TX

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

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Property Summary

Key data points for Reed W.M. Gas Unit

CountyPanola County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production153,610 BBLs
Total Gas Production9,083,784 MCF
Recent Oil Production158 BBLs in Dec 2023
Recent Gas Production12,708 MCF in Dec 2023
Wells on Property8

Our Valuation Estimates for Reed W.M. Gas Unit

ShaleAssessment™

$61,212 *

MarketMultiple™

$38,994 **

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

Based on a decimal interest

Reed W.M. Gas Unit 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 W.M. Gas Unit
from Jan 1993 to Jan 2024

Wells on Reed W.M. Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-31241REED W. M. GAS UNIT 2BPX OPERATING COMPANYProducingPanola County, TX32.120740-94.470539
42-365-31679REED W. M. GAS UNIT 3BPX OPERATING COMPANYProducingPanola County, TX32.117522-94.470765
42-365-32003REED W.M. GAS UNIT 4BPX OPERATING COMPANYProducingPanola County, TX32.119025-94.465944
42-365-32004REED W.M. GAS UNIT 5BPX OPERATING COMPANYProducingPanola County, TX32.126173-94.466544
42-365-32245REED W.M. GAS UNIT 7BPX OPERATING COMPANYSWR-10-WellPanola County, TX32.115955-94.472616
42-365-32334REED W.M. GAS UNIT 6BPX OPERATING COMPANYProducingPanola County, TX32.128439-94.478678
42-365-33708REED W.M. GAS UNIT 8BPX OPERATING COMPANYProducingPanola County, TX32.119243-94.472004
42-365-35453REED. W.M. GAS UNIT 9BPX OPERATING COMPANYProducingPanola County, TX32.122968-94.464791

Leases included in Reed W.M. Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-095987REED W. M. GAS UNIT 2BPX OPERATING COMPANYPanola County, TX
06-114671REED W. M. GAS UNIT 3BPX OPERATING COMPANYPanola County, TX
06-130628REED W.M. GAS UNIT 5BPX OPERATING COMPANYPanola County, TX
06-130874REED W.M. GAS UNIT 4BP AMERICA PRODUCTION COMPANYPanola County, TX
06-136850REED W.M. GAS UNIT 7BPX OPERATING COMPANYPanola County, TX
06-139407REED W.M. GAS UNIT 6BPX OPERATING COMPANYPanola County, TX
06-165604REED W.M. GAS UNIT 8BPX OPERATING COMPANYPanola County, TX
06-171241REED W.M. GAS UNIT 7BPX OPERATING COMPANYPanola County, TX
06-213558REED. W.M. GAS UNIT 9BPX OPERATING COMPANYPanola County, TX
06-225221REED W.M. GAS UNIT 4BPX OPERATING COMPANYPanola County, TX

Operators Associated With Reed W.M. Gas Unit

Nearby Properties

These are the closest 20 properties to the Reed W.M. Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bill Powers APanola County, TX131 BBLs3,337 MCFJan 2024
Cgu 3Panola County, TX0 BBLs51,275 MCFJan 2024
CopelandPanola County, TX281 BBLs8,252 MCFJan 2024
Davis S.L. Gas UnitPanola County, TX98 BBLs3,117 MCFJan 2024
Gleason 1HPanola County, TX201 BBLs51,122 MCFJan 2024
Harrell JPanola County, TX76 BBLs17,809 MCFJan 2024
Harris-Hardin UnitPanola County, TX0 BBLs601 MCFJan 2024
Harrison R. Gas UnitPanola County, TX159 BBLs6,979 MCFJan 2024
Hopper NoPanola County, TX0 BBLs0 MCFNov 2016
KangarooPanola County, TX11 BBLs35,281 MCFJan 2024
MauritzenPanola County, TX315 BBLs26,836 MCFJan 2024
Powers BillPanola County, TX201 BBLs10,500 MCFJan 2024
ReedPanola County, TX0 BBLs5,144 MCFJan 2024
Reed A. JPanola County, TX0 BBLs1,085 MCFJan 2024
Reed EstatePanola County, TX548 BBLs29,833 MCFJan 2024
Robinson M. EPanola County, TX4 BBLs2,814 MCFJan 2024
S. W. Wilcots Gas UnitPanola County, TX34 BBLs8,493 MCFJan 2024
WedgeworthPanola County, TX67 BBLs5,019 MCFJan 2024
West ClaytonPanola County, TX19 BBLs2,528 MCFJan 2024
Wilcots S.WPanola County, TX0 BBLs6,240 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Reed W.M. Gas Unit property.

Company Name
Amplify Energy Operating LLC
Anadarko E&P Company LP
Arco Oil & Gas Company
BP America Production Company
BPX Operating Company
Chesapeake Operating, Inc.
Chevron USA Inc
Diversified Production LLC
EOG Resources Inc
Fortson Oil Company
Harleton Oil & Gas Inc.
Indigo Minerals LLC
Preston Exploration LLC
Rfe Operating, LLC
Sheridan Production Co III, LLC
Strand Energy, L.C.
Texaco E & P Inc
TGNR East Texas LLC
Vastar Resources Inc
XTO Energy Inc.

Owners of Reed W.M. Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023BPX OPERATING COMPANYREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023REED ROYALTY TRUSTREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023REED ROYALTY TRUSTREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
2023REED ROYALTY TRUSTREED W M GAS UNIT #2-3-4-5-6BPX OPERATING CO
Displaying 8 of 665 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed W.M. Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-095987REED W. M. GAS UNIT 2Nov 2023BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Nov 2023BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Nov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Nov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Nov 2023BPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Nov 2023BPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Nov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-114671REED W. M. GAS UNIT 3Nov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Nov 2023BPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Nov 2023BPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Nov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-130874REED W.M. GAS UNIT 4Nov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Nov 2023BPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Nov 2023BPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Nov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-139407REED W.M. GAS UNIT 6Nov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-165604REED W.M. GAS UNIT 8Nov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Nov 2023BPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Nov 2023BPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Nov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-213558REED. W.M. GAS UNIT 9Nov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Oct 2023BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Oct 2023BPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Oct 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-095987REED W. M. GAS UNIT 2Oct 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY