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 - Mar 2026
Total Oil Production5,974 BBLs
Total Gas Production6,126,536 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production3,156 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Gilliam Unit

ShaleAssessment™

$16,016 *

MarketMultiple™

$17,287 **

* 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 Mar 2026

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 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 BBLs10,537 MCFFeb 2026
Booth-FreemanRusk County, TX31 BBLs14,839 MCFMar 2026
CherokeeRusk County, TX5 BBLs7,244 MCFFeb 2026
FreemanRusk County, TX2 BBLs10,357 MCFFeb 2026
GladneyRusk County, TX251 BBLs9,641 MCFMar 2026
Gray Gas UnitRusk County, TX19 BBLs6,623 MCFMar 2026
Hinkle C.ARusk County, TX0 BBLs8,165 MCFFeb 2026
Longhorn Gas UnitRusk County, TX22 BBLs7,623 MCFMar 2026
Minor A. Gas UnitRusk County, TX0 BBLs21,753 MCFMar 2026
Paul Gas UnitRusk County, TX4 BBLs9,254 MCFMar 2026
Pepper, J.RRusk County, TX8 BBLs7,968 MCFFeb 2026
Raider Gas UnitRusk County, TX34 BBLs11,727 MCFMar 2026
Rogers Gas UnitRusk County, TX31 BBLs11,433 MCFMar 2026
SheltonRusk County, TX0 BBLs441 MCFMar 2026
Strong Gas UnitRusk County, TX27 BBLs8,815 MCFMar 2026
Terrell Gas UnitRusk County, TX15 BBLs8,603 MCFMar 2026
Thornton Emma Gas UnitRusk County, TX0 BBLs12,599 MCFFeb 2026
Vinson Gas UnitRusk County, TX46 BBLs13,677 MCFMar 2026
Walters Gas UnitRusk County, TX0 BBLs8,157 MCFFeb 2026
WilliamsonRusk County, TX0 BBLs8,204 MCFFeb 2026

Companies in the Area

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

Company Name
Buffco Production, Inc.
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 1Feb 2026FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Feb 2026FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Feb 2026FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Feb 2026FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Jan 2026FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Jan 2026FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Jan 2026FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Jan 2026FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Dec 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Dec 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Dec 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Dec 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Nov 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Nov 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Nov 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Nov 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Oct 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Oct 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Oct 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Oct 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Sep 2025FAULCONER ENERGY, LLC
06-149084GILLIAM UNIT 2Sep 2025FAULCONER ENERGY, LLC
06-188399GILLIAM UNIT 3Sep 2025FAULCONER ENERGY, LLC
06-234421GILLIAM UNIT 4Sep 2025FAULCONER ENERGY, LLC
06-078595GILLIAM UNIT 1Aug 2025FAULCONER ENERGY, LLC