Gilliam Unit

Oil & Gas Property in Rusk County, TX

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

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Property Summary

Key data points for Gilliam Unit

CountyRusk County, TX
OperatorFAULCONER ENERGY, LLC
Production DatesJan 1993 - Jun 2025
Total Oil Production5,962 BBLs
Total Gas Production6,097,970 MCF
Recent Oil Production170 BBLs in May 2025
Recent Gas Production2,510 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Gilliam Unit

ShaleAssessment™

$17,688 *

MarketMultiple™

$14,862 **

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

Based on a decimal interest

Gilliam Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gilliam Unit
from Jan 1993 to Jun 2025

Wells on Gilliam Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-30704GILLIAM UNIT 1FAULCONER ENERGY, LLCProducingRusk County, TX32.324714-94.644812
42-401-32489GILLIAM UNIT 2FAULCONER ENERGY, LLCProducingRusk County, TX32.323625-94.638269
42-401-33148GILLIAM UNIT 3FAULCONER ENERGY, LLCProducingRusk County, TX32.322612-94.642999
42-401-33751GILLIAM UNIT 4FAULCONER ENERGY, LLCProducingRusk County, TX32.326330-94.641421

Leases included in Gilliam Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-078595GILLIAM UNIT 1FAULCONER ENERGY, LLCRusk County, TX
06-149084GILLIAM UNIT 2FAULCONER ENERGY, LLCRusk County, TX
06-188399GILLIAM UNIT 3FAULCONER ENERGY, LLCRusk County, TX
06-234421GILLIAM UNIT 4FAULCONER ENERGY, LLCRusk County, TX

Nearby Properties

These are the closest 20 properties to the Gilliam Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bird G. W. EstRusk County, TX0 BBLs12,583 MCFMay 2025
Booth-FreemanRusk County, TX4 BBLs17,413 MCFJun 2025
CherokeeRusk County, TX0 BBLs7,430 MCFJun 2025
FreemanRusk County, TX40 BBLs9,312 MCFMay 2025
GladneyRusk County, TX134 BBLs9,093 MCFJun 2025
Gray Gas UnitRusk County, TX8 BBLs9,218 MCFJun 2025
Hinkle C.ARusk County, TX0 BBLs8,383 MCFMay 2025
Longhorn Gas UnitRusk County, TX8 BBLs10,543 MCFJun 2025
Minor A. Gas UnitRusk County, TX0 BBLs25,026 MCFJun 2025
Paul Gas UnitRusk County, TX2 BBLs11,314 MCFJun 2025
Pepper, J.RRusk County, TX191 BBLs7,468 MCFMay 2025
Raider Gas UnitRusk County, TX14 BBLs16,544 MCFJun 2025
Rogers Gas UnitRusk County, TX14 BBLs13,505 MCFJun 2025
SheltonRusk County, TX0 BBLs0 MCFAug 2024
Strong Gas UnitRusk County, TX2 BBLs8,736 MCFJun 2025
Terrell Gas UnitRusk County, TX2 BBLs12,426 MCFJun 2025
Thornton Emma Gas UnitRusk County, TX0 BBLs18,271 MCFMay 2025
Vinson Gas UnitRusk County, TX2 BBLs17,231 MCFJun 2025
Walters Gas UnitRusk County, TX0 BBLs9,257 MCFMay 2025
WilliamsonRusk County, TX0 BBLs9,597 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Gilliam Unit property.

Company Name
BP America Production Company
Chisos, LTD
Craton Operating LLC
Energen Resources Corporation
Faulconer Energy, LLC
Fortune Resources LLC
Glade Production
Heritage Energy Corporation
Highmark Energy Operating, LLC
Merit Energy Company
National Energy Group, Inc.
New Horizon Resources LLC
Nuevo Energy Company
Petro-Hunt, L.L.C.
Samson Lone Star LP
Samson Lone Star, LLC
Sydri Operating, LLC
TGNR East Texas II LLC
Torch Operating Company
Verado Energy, Inc.

Owners of Gilliam Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025FAULCONER ENERGY LLC (WI)GILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2025FAULCONER ENERGY LLC (WI)GILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2025FAULCONER ENERGY LLC (WI)GILLIAM GU (3)FAULCONER ENERGY LLC
2025FAULCONER ENERGY LLC (WI)GILLIAM GU (4)FAULCONER ENERGY LLC
2025ZAPATA FAMILY HOLDINGS TRUSTGILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2025ZAPATA FAMILY HOLDINGS TRUSTGILLIAM GU (1)&(2)FAULCONER ENERGY LLC
2025ZAPATA FAMILY HOLDINGS TRUSTGILLIAM GU (4)FAULCONER ENERGY LLC
2025HAYMAKER HOLDING COMPANY LLCGILLIAM GU (1)&(2)FAULCONER ENERGY LLC
Displaying 8 of 118 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gilliam Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-078595GILLIAM UNIT 1Mar 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Mar 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Mar 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Mar 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Feb 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Feb 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Feb 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Feb 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Jan 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Jan 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Jan 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Jan 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Dec 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Dec 2024FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Dec 2024FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Dec 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Nov 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Nov 2024FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Nov 2024FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Nov 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Oct 2024FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Oct 2024FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Oct 2024FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Oct 2024FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Sep 2024FAULCONER ENERGY, LLC