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 - Jan 2026
Total Oil Production255,588 BBLs
Total Gas Production4,464,506 MCF
Recent Oil Production403 BBLs in Dec 2025
Recent Gas Production4,285 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Oates Unit

ShaleAssessment™

$32,227 *

MarketMultiple™

$81,530 **

* 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 Jan 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 17 properties to the Oates Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black Stone Brown Bear Unit 1HPolk County, TX231 BBLs4,394 MCFJan 2026
Black Stone MineralsPolk County, TX101 BBLs1,640 MCFJan 2026
Black Stone Minerals APolk County, TX331 BBLs1,243 MCFJan 2026
BlackstonePolk County, TX361 BBLs1,204 MCFJan 2026
BlackstonePolk County, TX2 BBLs10 MCFDec 2025
Blackstone Minerals UnitPolk County, TX4 BBLs10 MCFJan 2026
Bonetti LouisePolk County, TX0 BBLs0 MCFMar 2024
Carter, W.T. BroPolk County, TX660 BBLs7,702 MCFDec 2025
Champion IntlPolk County, TX52 BBLs0 MCFDec 2025
DavisPolk County, TX244 BBLs1,691 MCFJan 2026
Davis A-388Polk County, TX485 BBLs1,513 MCFJan 2026
Davis-FerlandPolk County, TX452 BBLs3,088 MCFJan 2026
Kodiak Unit 1HPolk County, TX218 BBLs3,173 MCFJan 2026
Sansom UnitPolk County, TX312 BBLs2,662 MCFJan 2026
Southland Paper MillPolk County, TX2 BBLs996 MCFJan 2026
SuttonPolk County, TX352 BBLs940 MCFJan 2026
Yogi Bear Unit 1HPolk County, TX123 BBLs6,033 MCFJan 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
Fletcher 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
Zachry Exploration, LTD.
Zarvona Energy LLC

Owners of Oates Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025ZARVONA ENERGY LLCOATES UNIT 1ZARVONA ENERGY LLC
2025ZARVONA ENERGY LLCOATES UNIT #2ZARVONA ENERGY LLC
2025IVY GERALDOATES UNIT 1ZARVONA ENERGY LLC
2025JOHNSTON JOYCE BOATES UNIT 1ZARVONA ENERGY LLC
2025FERLAND HOWARD JAMESOATES UNIT 1ZARVONA ENERGY LLC
2025OGLETREE LUMBER COMPANYOATES UNIT 1ZARVONA ENERGY LLC
2025FREEMAN SIGRID G TRUSTOATES UNIT 1ZARVONA ENERGY LLC
2025JONES MARK T & TAMMIEOATES UNIT 1ZARVONA ENERGY LLC
Displaying 8 of 536 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
03-264907OATES 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
03-264907OATES UNIT 1HOct 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HOct 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HSep 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HSep 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HSep 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HAug 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HAug 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HAug 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HJul 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJul 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJul 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJun 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HJun 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJun 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HMay 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMay 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMay 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HApr 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HApr 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HApr 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMar 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC