Texas

Oil & Gas Property in Reagan County, TX

Property Summary

Key data points for Texas

CountyReagan County, TX
OperatorL & M OPERATING, INC.
Production DatesJan 1993 - Jan 2024
Total Oil Production488,406 BBLs
Total Gas Production585,659 MCF
Recent Oil Production882 BBLs in Dec 2023
Recent Gas Production863 MCF in Dec 2023
Wells on Property37

Our Valuation Estimates for Texas

ShaleAssessment

$55,453 *

MarketMultiple

$113,673 **

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

Based on a decimal interest

Texas Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Texas
from Jan 1993 to Jan 2024

Wells on Texas

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-383-00501TEXAS -Z- 4L & M OPERATING, INC.ProducingReagan County, TX31.140296-101.398085
42-383-10112TEXAS -Z- 5L & M OPERATING, INC.ProducingReagan County, TX31.137531-101.403287
42-383-10209TEXAS -Y- 5L & M OPERATING, INC.ProducingReagan County, TX31.136725-101.419219
42-383-10210TEXAS -Y- 7L & M OPERATING, INC.ProducingReagan County, TX31.140325-101.423323
42-383-10211TEXAS -Y- 8L & M OPERATING, INC.ProducingReagan County, TX31.136714-101.423514
42-383-10212TEXAS -Y- 6L & M OPERATING, INC.ProducingReagan County, TX31.136691-101.414964
42-383-10214TEXAS -Z- 1L & M OPERATING, INC.ProducingReagan County, TX31.144276-101.402189
42-383-10215TEXAS -Y- 1L & M OPERATING, INC.Plugged Oil WellReagan County, TX31.145200-101.419998
42-383-10216TEXAS -Y- 2L & M OPERATING, INC.ProducingReagan County, TX31.145036-101.413790
42-383-10217TEXAS -Z- 2L & M OPERATING, INC.ProducingReagan County, TX31.140537-101.402028
42-383-10218TEXAS -Y- 3L & M OPERATING, INC.InjectionReagan County, TX31.140484-101.419147
42-383-10219TEXAS -Z- 3L & M OPERATING, INC.ProducingReagan County, TX31.137883-101.397491
42-383-10220TEXAS -Y- 4L & M OPERATING, INC.ProducingReagan County, TX31.140228-101.414942
42-383-30817TEXAS -Y- 9L & M OPERATING, INC.ProducingReagan County, TX31.133260-101.414161
42-383-31173TEXAS -Z- 6L & M OPERATING, INC.ProducingReagan County, TX31.144251-101.397359
42-383-31203TEXAS -Y- 10L & M OPERATING, INC.ProducingReagan County, TX31.132606-101.419353
42-383-31418TEXAS -Z- 7L & M OPERATING, INC.ProducingReagan County, TX31.132347-101.402286
42-383-31419TEXAS -Z- 8L & M OPERATING, INC.ProducingReagan County, TX31.132696-101.397666
42-383-31425TEXAS -Y- 11L & M OPERATING, INC.ProducingReagan County, TX31.140291-101.427617
42-383-31581TEXAS -Z- 9L & M OPERATING, INC.ProducingReagan County, TX31.135394-101.401428
42-383-31582TEXAS -Y- 12L & M OPERATING, INC.ProducingReagan County, TX31.135073-101.416655
42-383-31815TEXAS -Z- 10L & M OPERATING, INC.ProducingReagan County, TX31.142946-101.398926
42-383-31816TEXAS -Y- 15L & M OPERATING, INC.ProducingReagan County, TX31.138560-101.416978
42-383-32117TEXAS -Y- 16L & M OPERATING, INC.ProducingReagan County, TX31.138501-101.413064
42-383-32118TEXAS -Y- 17L & M OPERATING, INC.ProducingReagan County, TX31.142209-101.416610
42-383-32358TEXAS -Y- 20L & M OPERATING, INC.ProducingReagan County, TX31.134876-101.429218
42-383-32663TEXAS -Z- 11L & M OPERATING, INC.ProducingReagan County, TX31.142222-101.402831
42-383-32905TEXAS -Y- 18L & M OPERATING, INC.ProducingReagan County, TX31.142394-101.421060
42-383-32919TEXAS -Y- 19L & M OPERATING, INC.ProducingReagan County, TX31.138862-101.424967
42-383-33501TEXAS -Z- 12L & M OPERATING, INC.ProducingReagan County, TX31.131826-101.399896
42-383-34858TEXAS -Y- 21L & M OPERATING, INC.ProducingReagan County, TX31.142490-101.425774
42-383-35096TEXAS -Y- 14L & M OPERATING, INC.ProducingReagan County, TX31.131971-101.416995
42-383-35361TEXAS -Y- 22L & M OPERATING, INC.ProducingReagan County, TX31.142174-101.429641
42-383-35434TEXAS -Y- 24L & M OPERATING, INC.ProducingReagan County, TX31.142425-101.432612
42-383-35512TEXAS -Y- 23L & M OPERATING, INC.InjectionReagan County, TX31.144520-101.430866
42-383-35852TEXAS -Y- 25L & M OPERATING, INC.ProducingReagan County, TX31.140338-101.434379
42-383-38045TEXAS -Z- 13L & M OPERATING, INC.ProducingReagan County, TX31.134963-101.397024

Leases included in Texas

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-04156TEXAS -Y-L & M OPERATING, INC.Reagan County, TX
7C-04205TEXAS -Z-L & M OPERATING, INC.Reagan County, TX

Nearby Properties

These are the closest 20 properties to the Texas property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Barnhart (Ellenburger)UnitReagan County, TX408 BBLs985 MCFJan 2024
ChicoReagan County, TX4,732 BBLs24,093 MCFJan 2024
Chico CompanyReagan County, TX2,546 BBLs13,865 MCFJan 2024
Chico East 2-28 Alloc 02Reagan County, TX842 BBLs3,797 MCFJan 2024
Chico East Allocation AReagan County, TX1,109 BBLs8,582 MCFJan 2024
Friend StReagan County, TX21 BBLs31 MCFJan 2024
Hickman Allocation AReagan County, TX350 BBLs6,375 MCFJan 2024
HuskyReagan County, TX12 BBLs0 MCFJan 2024
J. P. LeaseReagan County, TX186 BBLs223 MCFJan 2024
LV FriendReagan County, TX1 BBLs0 MCFJan 2024
MillerReagan County, TX2 BBLs0 MCFJan 2024
PeachReagan County, TX21,996 BBLs61,350 MCFJan 2024
Skelly-UniversityReagan County, TX45 BBLs7 MCFJan 2024
Ul ReaganReagan County, TX133 BBLs990 MCFJan 2024
University 12Reagan County, TX654 BBLs3,093 MCFJan 2024
WoltersReagan County, TX388 BBLs0 MCFJan 2024
WTG UnitReagan County, TX17,995 BBLs201,899 MCFJan 2024
YoungReagan County, TX260 BBLs7 MCFJan 2024
Young ChicoReagan County, TX78 BBLs0 MCFJan 2024
Young WalterReagan County, TX0 BBLs0 MCFFeb 2023

Owners of Texas

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023L & M OPERATING INCTEXAS -Y-L & M OPERATING, INC
2023UNIVERSITY OF TEXAS-UNIV LANDSTEXAS -Y-L & M OPERATING, INC
2023L & M OPERATING INCTEXAS -Z-L & M OPERATING, INC
2023UNIVERSITY OF TEXAS-UNIV LANDSTEXAS -Z-L & M OPERATING, INC

Oil & Gas Sales on Texas

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7C-04156TEXAS -Y-Dec 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Dec 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Nov 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Nov 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Oct 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Sep 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Sep 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Aug 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Aug 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Jul 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Jul 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Jun 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Jun 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-May 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Apr 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Apr 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Mar 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Mar 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Feb 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Feb 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Jan 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Jan 2023UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Dec 2022UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04205TEXAS -Z-Dec 2022UNITED ENERGY TRADING LLCL & M OPERATING, INC.
7C-04156TEXAS -Y-Nov 2022UNITED ENERGY TRADING LLCL & M OPERATING, INC.