Armstrong Iona Faye Gas Unit

Oil & Gas Property in Rusk County, TX

  2. Texas
  3. Rusk County, TX
  4. Oil & Gas Properties in Rusk County, TX
  5. Armstrong Iona Faye Gas Unit Oil & Gas Property

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Property Summary

Key data points for Armstrong Iona Faye Gas Unit

CountyRusk County, TX
OperatorMERIT ENERGY COMPANY
Production DatesJan 1993 - Jun 2026
Total Oil Production18,336 BBLs
Total Gas Production6,277,247 MCF
Recent Oil Production6 BBLs in May 2026
Recent Gas Production3,795 MCF in May 2026
Wells on Property3

Our Valuation Estimates for Armstrong Iona Faye Gas Unit

ShaleAssessment™

$11,391 *

MarketMultiple™

$22,250 **

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

Based on a decimal interest

Armstrong Iona Faye Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Armstrong Iona Faye Gas Unit
from Jan 1993 to Jun 2026

Wells on Armstrong Iona Faye Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-31409ARMSTRONG IONA FAYE GAS UNIT 1MERIT ENERGY COMPANYProducingRusk County, TX32.239167-94.845029
42-401-32222ARMSTRONG IONA FAYE GAS UNIT 2MERIT ENERGY COMPANYProducingRusk County, TX32.245605-94.842128
42-401-32580ARMSTRONG IONA FAYE GAS UNIT 3MERIT ENERGY COMPANYTemp AbandonedRusk County, TX32.236119-94.844842

Leases included in Armstrong Iona Faye Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-098601ARMSTRONG IONA FAYE GAS UNIT 1MERIT ENERGY COMPANYRusk County, TX
06-129273ARMSTRONG IONA FAYE GAS UNIT 2MERIT ENERGY COMPANYRusk County, TX
06-154931ARMSTRONG IONA FAYE GAS UNIT 3MERIT ENERGY COMPANYRusk County, TX

Nearby Properties

These are the closest 20 properties to the Armstrong Iona Faye Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A. E. Dean Gu 1 7HRusk County, TX229 BBLs11,407 MCFJun 2026
Alford B Gas UnitRusk County, TX17 BBLs1,387 MCFJun 2026
BeanRusk County, TX0 BBLs2,191 MCFMay 2026
Dean A. E. Gas Unit #1Rusk County, TX10 BBLs11,594 MCFJun 2026
DorseyRusk County, TX11 BBLs3,974 MCFJun 2026
Ellis EstateRusk County, TX2 BBLs2,778 MCFJun 2026
Henderson ERusk County, TX0 BBLs3,069 MCFJun 2026
HowardRusk County, TX175 BBLs7,267 MCFJun 2026
Hubbard Gas Unit #1Rusk County, TX14 BBLs4,605 MCFJun 2026
Jackson Fred BRusk County, TX697 BBLs9,763 MCFJun 2026
Jones A.G. EstateRusk County, TX0 BBLs0 MCFMay 2019
Laird S.S. Gas UnitRusk County, TX32 BBLs4,685 MCFJun 2026
Miller FreemanRusk County, TX180 BBLs2,375 MCFJun 2026
Pool VernonRusk County, TX0 BBLs4,351 MCFJun 2026
Rogers Billy NealRusk County, TX10 BBLs3,734 MCFJun 2026
Wolfe A.SRusk County, TX697 BBLs5,849 MCFJun 2026
Wright J.T. Gas Unit #1Rusk County, TX1 BBLs2,967 MCFJun 2026
Wylie Gas UnitRusk County, TX4 BBLs2,377 MCFJun 2026
YandleRusk County, TX11 BBLs2,622 MCFJun 2026
Yandle Estate Gas UnitRusk County, TX22 BBLs2,528 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Armstrong Iona Faye Gas Unit property.

Company Name
Arena Resources, L. L. C.
Buffco Production, Inc.
Craton Operating LLC
Diversified Production LLC
Eqv Operating LLC
Faulconer Energy, LLC
Fina Oil And Chemical Company
Graward Operating, Inc.
Hinton Production Company
Key Production Company, Inc.
Linder, John Operating Co., LLC
Merit Energy Company
Mustang Drilling, Inc.
Mustang Drilling, LTD.
Schlachter, David A.
TGNR East Texas LLC
TGNR Gulf Coast LLC
Union Pacific Resources Co.
Wilson Resources, Inc.
XTO Energy Inc.

Owners of Armstrong Iona Faye Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MERIT ENERGY COMPANYARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026MERIT ENERGY COMPANYARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026MOORE DARLENE ESTATEARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026MOORE DARLENE ESTATEARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026VENABLE ROYALTY LTDARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026VENABLE ROYALTY LTDARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026CADDO MINERALS LPARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
2026CADDO MINERALS LPARMSTRONG IONA FAYE GU (1&2)MERIT ENERGY COMPANY
Displaying 8 of 148 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Armstrong Iona Faye Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-098601ARMSTRONG IONA FAYE GAS UNIT 1May 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1May 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2May 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2May 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Apr 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Apr 2026PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Apr 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Apr 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Apr 2026PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Apr 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Mar 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Mar 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Mar 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Mar 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Feb 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Feb 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Feb 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Feb 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jan 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Jan 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jan 2026MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-129273ARMSTRONG IONA FAYE GAS UNIT 2Jan 2026MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Dec 2025MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Dec 2025MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-098601ARMSTRONG IONA FAYE GAS UNIT 1Dec 2025MIDCON GATHERING LLCMERIT ENERGY COMPANY, LLC