Reed

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Reed

CountyPanola County, TX
Production DatesSep 1999 - Jan 2024
Total Oil Production9,348 BBLs
Total Gas Production2,348,340 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production5,144 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Reed

ShaleAssessment

Not Available

MarketMultiple

$16,263 **

* 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
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to oil and gas production for Reed
from Sep 1999 to Jan 2024

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-01670REED W. M. 1CBPX OPERATING COMPANYTemp 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. 1CBPX OPERATING COMPANYPanola County, TX
06-030129REED W. M. 1CBPX OPERATING COMPANYPanola 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

Nearby Properties

These are the closest 20 properties to the Reed 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
Gleason 1HPanola County, TX201 BBLs51,122 MCFJan 2024
Harrell JPanola County, TX76 BBLs17,809 MCFJan 2024
HarrisPanola County, TX0 BBLs7,421 MCFJan 2024
Harris Sylvan Gas UnitPanola County, TX30 BBLs14,505 MCFJan 2024
Harris-Hardin UnitPanola County, TX0 BBLs601 MCFJan 2024
Harrison R. Gas UnitPanola County, TX159 BBLs6,979 MCFJan 2024
Holland Gas Unit No. 1Panola County, TX10 BBLs1,337 MCFJan 2024
KangarooPanola County, TX11 BBLs35,281 MCFJan 2024
Powers BillPanola County, TX201 BBLs10,500 MCFJan 2024
Reed A. JPanola County, TX0 BBLs1,085 MCFJan 2024
Reed EstatePanola County, TX548 BBLs29,833 MCFJan 2024
Reed W.M. Gas UnitPanola County, TX158 BBLs12,708 MCFJan 2024
Robinson M. EPanola County, TX4 BBLs2,814 MCFJan 2024
RoquemorePanola County, TX26 BBLs6,369 MCFJan 2024
S. W. Wilcots Gas UnitPanola County, TX34 BBLs8,493 MCFJan 2024
SmithPanola County, TX27 BBLs2,785 MCFJan 2024
West ClaytonPanola County, TX19 BBLs2,528 MCFJan 2024
Wilcots S.WPanola County, TX0 BBLs6,240 MCFJan 2024

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BP AMERICA PROD CO (MIN-WI)REED W MHARLETON OIL & GAS
2023HARLETON OIL & GAS INC (MIN)REED W MHARLETON OIL & GAS
2023TGNR EAST TEXAS LLC (MIN-RI/ORREED W MHARLETON OIL & GAS
2023REED ROYALTY TRUSTREED W MHARLETON OIL & GAS
2023BP AMERICA PROD CO (MIN-RI/OR)REED W MHARLETON OIL & GAS
2023REED GRAVES LLCREED W MHARLETON OIL & GAS
2023REED JANELLEREED W MHARLETON OIL & GAS
2023BPX OPERATING COMPANYREED W M GAS UNIT #7BPX OPERATING CO
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
06-030129REED W. M. 1CNov 2023BPX OPERATING COMPANY
06-030129REED W. M. 1CNov 2023BPX OPERATING COMPANY
06-030129REED W. M. 1CNov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-030129REED W. M. 1CNov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-215982REED W. M. 9ANov 2023BPX OPERATING COMPANY
06-215982REED W. M. 9ANov 2023BPX OPERATING COMPANY
06-215982REED W. M. 9ANov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-215982REED W. M. 9ANov 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-030129REED W. M. 1COct 2023BPX OPERATING COMPANY
06-030129REED W. M. 1COct 2023BPX OPERATING COMPANY
06-030129REED W. M. 1COct 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-030129REED W. M. 1COct 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2023BPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2023BPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-215982REED W. M. 9AOct 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2023MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.BPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-030129REED W. M. 1CSep 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-215982REED W. M. 9ASep 2023BP ENERGY COMPANYBPX OPERATING COMPANY
06-215982REED W. M. 9ASep 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
06-215982REED W. M. 9ASep 2023PLAINS MARKETING, L.P.BPX OPERATING COMPANY
06-030129REED W. M. 1CAug 2023MARKWEST ENERGY EAST TEXAS GAS COMPANY, L.L.C.BPX OPERATING COMPANY
06-030129REED W. M. 1CAug 2023BPX OPERATING COMPANYBPX OPERATING COMPANY