Rhodes

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Rhodes

CountyPanola County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesAug 2012 - Jan 2024
Total Oil Production134,978 BBLs
Total Gas Production8,214,135 MCF
Recent Oil Production432 BBLs in Dec 2023
Recent Gas Production30,221 MCF in Dec 2023
Wells on Property7

Our Valuation Estimates for Rhodes

ShaleAssessment

$112,982 *

MarketMultiple

$142,083 **

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

Based on a decimal interest

Rhodes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rhodes
from Aug 2012 to Jan 2024

Wells on Rhodes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-37877RHODES 6VALENCE OPERATING COMPANYProducingPanola County, TX32.332293-94.264033
42-365-37878RHODES 2VALENCE OPERATING COMPANYProducingPanola County, TX32.330329-94.271758
42-365-37882RHODES 3VALENCE OPERATING COMPANYProducingPanola County, TX32.332593-94.271383
42-365-37890RHODES 1VALENCE OPERATING COMPANYProducingPanola County, TX32.328549-94.267991
42-365-37891RHODES 4VALENCE OPERATING COMPANYProducingPanola County, TX32.332621-94.271344
42-365-37892RHODES 5VALENCE OPERATING COMPANYProducingPanola County, TX32.337135-94.269364
42-365-37893RHODES 7VALENCE OPERATING COMPANYProducingPanola County, TX32.334860-94.263510

Leases included in Rhodes

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-265372RHODES 6VALENCE OPERATING COMPANYPanola County, TX
06-265409RHODES 6VALENCE OPERATING COMPANYPanola County, TX
06-265410RHODES 2VALENCE OPERATING COMPANYPanola County, TX
06-265655RHODES 4VALENCE OPERATING COMPANYPanola County, TX
06-265656RHODES 3VALENCE OPERATING COMPANYPanola County, TX
06-267798RHODES 1VALENCE OPERATING COMPANYPanola County, TX
06-268327RHODES 5VALENCE OPERATING COMPANYPanola County, TX
06-268340RHODES 5VALENCE OPERATING COMPANYPanola County, TX
06-269480RHODES 7VALENCE OPERATING COMPANYPanola County, TX
06-269568RHODES 7VALENCE OPERATING COMPANYPanola County, TX

Nearby Properties

These are the closest 20 properties to the Rhodes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A P ListonPanola County, TX0 BBLs88,825 MCFJan 2024
FonvillePanola County, TX0 BBLs536 MCFJan 2024
Fort CarriePanola County, TX62 BBLs693 MCFJan 2024
FurrhHarrison County, TX0 BBLs1,023,840 MCFJan 2024
Furrh Gas Unit No. 3Harrison County, TX114 BBLs4,606 MCFJan 2024
Hilliard-Stevenson-Ap Liston 1HPanola County, TX0 BBLs88,168 MCFJan 2024
Hogg Allie MPanola County, TX287 BBLs29,995 MCFJan 2024
Lawson-MorganPanola County, TX67 BBLs4,037 MCFJan 2024
ListonPanola County, TX5 BBLs30,685 MCFJan 2024
McJimseyPanola County, TX0 BBLs426 MCFJan 2024
McJimsey Gas UnitPanola County, TX0 BBLs424 MCFJan 2024
Porter, RichardPanola County, TX27 BBLs2,041 MCFJan 2024
Roberson JoePanola County, TX0 BBLs1,050 MCFJan 2024
Robert WaltonPanola County, TX0 BBLs90,591 MCFJan 2024
SparksPanola County, TX0 BBLs268,765 MCFJan 2024
Sparks Gas Unit No. 1Panola County, TX0 BBLs208 MCFJan 2024
Sparks-McJimseyPanola County, TX0 BBLs416,291 MCFJan 2024
Steele Gas Unit No. 1Harrison County, TX0 BBLs2,528 MCFJan 2024
Walton RobertPanola County, TX108 BBLs3,512 MCFJan 2024
WilliamsPanola County, TX89 BBLs12,306 MCFJan 2024

Owners of Rhodes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023VALENCE OPERATING COMPANY(MIN)RHODES #2-3-4-6-7VALENCE OPERATING CO
2023VALENCE OPERATING COMPANY(MIN)RHODES #2-3-4-6-7VALENCE OPERATING CO
2023VALENCE OPERATING COMPANY(MIN)RHODES #2-3-4-6-7VALENCE OPERATING CO
2023VALENCE OPERATING COMPANY(MIN)RHODES #2-3-4-6-7VALENCE OPERATING CO
2023VALENCE OPERATING COMPANY(MIN)RHODES #2-3-4-6-7VALENCE OPERATING CO
2023VALENCE OPERATING COMPANY(MIN)RHODES #1VALENCE OPERATING CO
2023VALENCE OPERATING COMPANY(MIN)RHODES #5VALENCE OPERATING CO
2023RHODES COVENANT LLCRHODES #2-3-4-6-7VALENCE OPERATING CO
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Rhodes

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-265372RHODES 6Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265410RHODES 2Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265655RHODES 4Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265656RHODES 3Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-267798RHODES 1Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-268327RHODES 5Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-269480RHODES 7Nov 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265372RHODES 6Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265410RHODES 2Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265655RHODES 4Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265656RHODES 3Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-267798RHODES 1Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-268327RHODES 5Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-269480RHODES 7Oct 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265372RHODES 6Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265410RHODES 2Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265655RHODES 4Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265656RHODES 3Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-267798RHODES 1Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-268327RHODES 5Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-269480RHODES 7Sep 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265372RHODES 6Aug 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265410RHODES 2Aug 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265655RHODES 4Aug 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
06-265656RHODES 3Aug 2023DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY