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 - Sep 2025
Total Oil Production253,985 BBLs
Total Gas Production4,436,249 MCF
Recent Oil Production400 BBLs in Aug 2025
Recent Gas Production9,827 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Oates Unit

ShaleAssessment™

$34,037 *

MarketMultiple™

$95,658 **

* 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 Sep 2025

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 18 properties to the Oates Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black Stone Brown Bear Unit 1HPolk County, TX315 BBLs4,573 MCFSep 2025
Black Stone MineralsPolk County, TX37 BBLs141 MCFSep 2025
Black Stone Minerals APolk County, TX170 BBLs214 MCFSep 2025
BlackstonePolk County, TX274 BBLs923 MCFSep 2025
BlackstonePolk County, TX2 BBLs8 MCFSep 2025
Blackstone Minerals UnitPolk County, TX4 BBLs20 MCFSep 2025
Bonetti LouisePolk County, TX0 BBLs0 MCFMar 2024
Carter, W.T. BroPolk County, TX617 BBLs7,456 MCFSep 2025
Champion IntlPolk County, TX64 BBLs0 MCFSep 2025
DavisPolk County, TX136 BBLs2,249 MCFSep 2025
Davis A-388Polk County, TX338 BBLs845 MCFSep 2025
Davis-FerlandPolk County, TX418 BBLs3,121 MCFSep 2025
Hickman, J. PPolk County, TX0 BBLs0 MCFJun 2021
Kodiak Unit 1HPolk County, TX167 BBLs3,394 MCFSep 2025
Sansom UnitPolk County, TX218 BBLs2,097 MCFSep 2025
Southland Paper MillPolk County, TX0 BBLs896 MCFSep 2025
SuttonPolk County, TX351 BBLs1,360 MCFSep 2025
Yogi Bear Unit 1HPolk County, TX82 BBLs3,834 MCFSep 2025

Companies in the Area

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

Company Name
Amplify Energy Operating LLC
Black Stone Energy Company
Black Stone Oil Company
Dale Operating Company
Devon Energy Production Company, L.P.
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
2025KUNTZ LUCY HELENOATES 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 1HMar 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMar 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HMar 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HFeb 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HFeb 2025ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HFeb 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJan 2025EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HOct 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HOct 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HOct 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HSep 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HSep 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HSep 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HSep 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HAug 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HAug 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJul 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJul 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HJun 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJun 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HJun 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-268764OATES UNIT #2 1HMay 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMay 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HMay 2024ENTERPRISE PRODUCTS OPERATING LLCZARVONA ENERGY LLC
03-264907OATES UNIT 1HApr 2024EASTEX CRUDE COMPANY, LLCZARVONA ENERGY LLC