Reed

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed

CountyPanola County, TX
Production DatesJan 1993 - Apr 2026
Total Oil Production23,672 BBLs
Total Gas Production4,326,366 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production6,662 MCF in Mar 2026
Wells on Property6

Our Valuation Estimates for Reed

ShaleAssessment

$17,421 *

MarketMultiple

$28,873 **

* 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 Jan 1993 to Apr 2026

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
42-365-01674REED A. J. 1RFE OPERATING, LLCTemp AbandonedPanola County, TX32.127037-94.482813
42-365-32245REED, W.M. 7ARCO OIL & GAS CO.Plugged Gas WellPanola County, TX32.115955-94.472616
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.
Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-029797REED W. M. 1CMMGL East Texas III, LLCPanola County, TX
06-030128REED A. J. 1CLARK, G. C.Panola County, TX
06-030129REED W. M. 1CMMGL East Texas III, LLCPanola County, TX
06-030322REED A. J. 1RFE OPERATING, LLCPanola County, TX
06-136850REED, W.M. 7MMGL East Texas III, LLCPanola County, TX
06-13958REEDBASA RESOURCES, INC.Panola County, TX
06-15030REEDBASA RESOURCES, INC.Panola County, TX
06-171241REED, W.M. 7MMGL East Texas III, LLCPanola 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

Nearby Properties

These are the closest 20 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bill Powers APanola County, TX0 BBLs47 MCFApr 2026
Cgu 3Panola County, TX0 BBLs56,977 MCFApr 2026
CopelandPanola County, TX197 BBLs5,382 MCFApr 2026
Gleason 1HPanola County, TX155 BBLs24,647 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
Harrison R. Gas UnitPanola County, TX157 BBLs5,044 MCFApr 2026
Holland Gas Unit No. 1Panola County, TX8 BBLs1,338 MCFApr 2026
Hopper NoPanola County, TX0 BBLs0 MCFNov 2016
KangarooPanola County, TX0 BBLs25,759 MCFApr 2026
Powers BillPanola County, TX0 BBLs4,773 MCFApr 2026
Reed A.J. EstatePanola County, TX0 BBLs0 MCFJan 2026
Reed EstatePanola County, TX151 BBLs11,654 MCFApr 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

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BP AMERICA PROD CO (MIN-WI)REED W MHARLETON OIL & GAS
2025HARLETON OIL & GAS INC (MIN)REED W MHARLETON OIL & GAS
2025TGNR EAST TEXAS LLC (MIN-RI/ORREED W MHARLETON OIL & GAS
2025REED ROYALTY TRUSTREED W MHARLETON OIL & GAS
2025BP AMERICA PROD CO (MIN-RI/OR)REED W MHARLETON OIL & GAS
2025REED GRAVES LLCREED W MHARLETON OIL & GAS
2025REED JANELLEREED W MHARLETON OIL & GAS
2025GARRETT REBECCA HREED W MHARLETON OIL & GAS
Displaying 8 of 132 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. 9AFeb 2026MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AFeb 2026MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AFeb 2026MIDCON GATHERING LLCMMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJan 2026MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJan 2026MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJan 2026MIDCON GATHERING LLCMMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ADec 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ADec 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ADec 2025MIDCON GATHERING LLCMMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ANov 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ANov 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ANov 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AOct 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AOct 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AOct 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ASep 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ASep 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9ASep 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AAug 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AAug 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AAug 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJul 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJul 2025MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJul 2025PLAINS MARKETING, L.P.MMGL EAST TEXAS III, LLC
06-215982REED W. M. 9AJun 2025MMGL EAST TEXAS III, LLC