Reed

Oil & Gas Property in Panola County, TX

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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Reed

CountyPanola County, TX
Production DatesSep 1999 - Apr 2025
Total Oil Production9,348 BBLs
Total Gas Production2,436,287 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production6,402 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Reed

ShaleAssessment™

Not Available

MarketMultiple™

$20,209 **

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

Based on a decimal interest

Reed 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
from Sep 1999 to Apr 2025

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-01670REED W. M. 1CMMGL EAST TEXAS III, LLCTemp AbandonedPanola County, TX32.123114-94.469609
42-365-34194REED 2STRAND ENERGY, L.C.Plugged Oil WellPanola County, TX32.128740-94.502056
42-365-34336REED 3STRAND ENERGY, L.C.Plugged Gas WellPanola County, TX32.124150-94.499325
42-365-35740REED W. M. 9AHARLETON OIL & GAS INC.ProducingPanola County, TX32.123026-94.465114

Leases included in Reed

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-029797REED W. M. 1CMMGL EAST TEXAS III, LLCPanola County, TX
06-030129REED W. M. 1CMMGL EAST TEXAS III, LLCPanola County, TX
06-13958REEDBASA RESOURCES, INC.Panola County, TX
06-15030REEDBASA RESOURCES, INC.Panola County, TX
06-177777REED 3BASA RESOURCES, INC.Panola County, TX
06-215982REED W. M. 9AHARLETON OIL & GAS INC.Panola County, TX
06-253451REED 3BASA RESOURCES, INC.Panola County, TX

Operators Associated With Reed

Nearby Properties

These are the closest 20 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bill Powers APanola County, TX24 BBLs529 MCFApr 2025
Cgu 3Panola County, TX0 BBLs43,298 MCFApr 2025
Gleason 1HPanola County, TX86 BBLs33,061 MCFApr 2025
Harrell JPanola County, TX5 BBLs19,884 MCFApr 2025
HarrisPanola County, TX0 BBLs3,838 MCFApr 2025
Harris Sylvan Gas UnitPanola County, TX45 BBLs12,790 MCFApr 2025
Harris-Hardin UnitPanola County, TX46 BBLs336 MCFApr 2025
Harrison R. Gas UnitPanola County, TX133 BBLs4,901 MCFApr 2025
Holland Gas Unit No. 1Panola County, TX26 BBLs1,949 MCFApr 2025
KangarooPanola County, TX15 BBLs29,616 MCFApr 2025
Powers BillPanola County, TX429 BBLs8,099 MCFApr 2025
Reed A. JPanola County, TX0 BBLs0 MCFDec 2024
Reed EstatePanola County, TX161 BBLs19,257 MCFApr 2025
Reed W.M. Gas UnitPanola County, TX128 BBLs6,434 MCFApr 2025
Robinson M. EPanola County, TX0 BBLs588 MCFApr 2025
RoquemorePanola County, TX50 BBLs6,148 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

Companies in the Area

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

Company Name
Amplify Energy Operating LLC
Anadarko E&P Company LP
Arcadia Expl. & Prod. Company
BP America Production Company
Chesapeake Operating, Inc.
Chevron USA Inc
Craton Energy Holdings III, LP
EOG Resources, Inc.
Indigo Minerals LLC
M. E. Operating & Services, Inc.
McBride Operating LLC
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
XTO Energy Inc.

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BP AMERICA PROD CO (MIN-WI)REED W MHARLETON OIL & GAS
2024HARLETON OIL & GAS INC (MIN)REED W MHARLETON OIL & GAS
2024TGNR EAST TEXAS LLC (MIN-RI/ORREED W MHARLETON OIL & GAS
2024REED ROYALTY TRUSTREED W MHARLETON OIL & GAS
2024BPX OPERATING COMPANYREED W M GAS UNIT #7BPX OPERATING CO
2024BP AMERICA PROD CO (MIN-RI/OR)REED W MHARLETON OIL & GAS
2024REED GRAVES LLCREED W MHARLETON OIL & GAS
2024REED JANELLEREED W MHARLETON OIL & GAS
Displaying 8 of 130 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-215982REED W. M. 9AMar 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AMar 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AMar 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AFeb 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AFeb 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AFeb 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJan 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJan 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJan 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ADec 2024MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ADec 2024MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ADec 2024PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ANov 2024MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ANov 2024MMGL EAST TEXAS III, LLC
06-030129REED W. M. 1COct 2024BPX OPERATING COMPANY
06-030129REED W. M. 1COct 2024BPX OPERATING COMPANY
06-030129REED W. M. 1COct 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-030129REED W. M. 1COct 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2024BPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2024BPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2024BPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2024BPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2024BP OIL SUPPLY COMPANYBPX OPERATING COMPANY