Oates Unit

Oil & Gas Property in Polk County, TX

  2. Texas
  3. Polk County, TX
  4. Oil & Gas Properties in Polk County, TX
  5. Oates Unit Oil & Gas Property

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Property Summary

Key data points for Oates Unit

CountyPolk County, TX
OperatorZARVONA ENERGY LLC
Production DatesMar 2011 - Jun 2026
Total Oil Production257,556 BBLs
Total Gas Production4,504,139 MCF
Recent Oil Production496 BBLs in May 2026
Recent Gas Production7,137 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Oates Unit

ShaleAssessment™

$30,331 *

MarketMultiple™

$88,577 **

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

Based on a decimal interest

Oates Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Oates Unit
from Mar 2011 to Jun 2026

Wells on Oates Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-373-31160OATES UNIT 1HZARVONA ENERGY LLCProducingPolk County, TX30.829826-94.833100
42-373-31192OATES UNIT #2 1HZARVONA ENERGY LLCProducingPolk County, TX30.828613-94.842178

Leases included in Oates Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-264907OATES UNIT 1HZARVONA ENERGY LLCPolk County, TX
03-268764OATES UNIT #2 1HZARVONA ENERGY LLCPolk County, TX

Nearby Properties

These are the closest 13 properties to the Oates Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black Stone MineralsPolk County, TX99 BBLs718 MCFJun 2026
Black Stone Minerals APolk County, TX163 BBLs0 MCFJun 2026
BlackstonePolk County, TX0 BBLs0 MCFJun 2026
BlackstonePolk County, TX266 BBLs931 MCFJun 2026
Blackstone Minerals UnitPolk County, TX2 BBLs10 MCFJun 2026
Bonetti LouisePolk County, TX0 BBLs0 MCFMar 2024
Carter, W.T. BroPolk County, TX873 BBLs9,829 MCFJun 2026
Champion IntlPolk County, TX27 BBLs0 MCFJun 2026
DavisPolk County, TX166 BBLs1,912 MCFJun 2026
Davis A-388Polk County, TX450 BBLs923 MCFJun 2026
Davis-FerlandPolk County, TX435 BBLs4,085 MCFJun 2026
Sansom UnitPolk County, TX139 BBLs1,213 MCFJun 2026
Southland Paper MillPolk County, TX6 BBLs540 MCFJun 2026

Companies in the Area

These are the closest 15 companies operating near the Oates Unit property.

Company Name
Black Stone Energy Company
Black Stone Oil Company
Dale Operating Company
Devon Energy Production Company, L.P.
Eqv Operating LLC
Iron Ridge Operating, LLC
Kaiser-Francis Oil Company
Meridian Resource & Expl LLC,The
Mitchell Energy Corp
Neches Transport Inc.
Oryx Energy Company
Petrotex Engineering Company
Texas Operating Partners LLC
Zachry Exploration, LTD.
Zarvona Energy LLC

Owners of Oates Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026ZARVONA ENERGY LLCOATES UNIT 1ZARVONA ENERGY LLC
2026ZARVONA ENERGY LLCOATES UNIT #2ZARVONA ENERGY LLC
2026IVY GERALDOATES UNIT 1ZARVONA ENERGY LLC
2026JOHNSTON JOYCE BOATES UNIT 1ZARVONA ENERGY LLC
2026FERLAND HOWARD JAMESOATES UNIT 1ZARVONA ENERGY LLC
2026OGLETREE LUMBER COMPANYOATES UNIT 1ZARVONA ENERGY LLC
2026FREEMAN SIGRID G TRUSTOATES UNIT 1ZARVONA ENERGY LLC
2026KUNTZ LUCY HELENOATES UNIT 1ZARVONA ENERGY LLC
Displaying 8 of 543 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Oates Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-268764OATES UNIT #2 1HJun 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJun 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HMay 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMay 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMay 2026EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HApr 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HApr 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HApr 2026EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HMar 2026EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMar 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMar 2026EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HMar 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HFeb 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HFeb 2026EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HFeb 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJan 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJan 2026EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HJan 2026ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HDec 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HDec 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HDec 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HNov 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HNov 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HNov 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HOct 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC