Lane Gas Unit

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Lane Gas Unit

County,
OperatorM. E. OPERATING & SERVICES, INC.
Production DatesOct 2010 - Feb 2025
Total Oil Production323 BBLs
Total Gas Production438,648 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production880 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Lane Gas Unit

ShaleAssessment

$3,801 *

MarketMultiple

$2,837 **

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

Based on a decimal interest

Lane 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 Lane Gas Unit
from Oct 2010 to Feb 2025

Wells on Lane Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,

Leases included in Lane Gas Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-254296LANE GAS UNIT 1HM. E. OPERATING & SERVICES, INC.Shelby County, TX
06-259747LANE GAS UNIT 2M. E. OPERATING & SERVICES, INC.Shelby County, TX
06-283648LANE GAS UNIT 1HM. E. OPERATING & SERVICES, INC.Shelby County, TX

Nearby Properties

These are the closest 20 properties to the Lane Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anderson PartnershipShelby County, TX0 BBLs0 MCFJan 2019
BrannonPanola County, TX0 BBLs868 MCFFeb 2025
CallowPanola County, TX164 BBLs20,757 MCFFeb 2025
Cgu 3Panola County, TX104 BBLs4,404 MCFFeb 2025
Daniel Z.L. Gas UnitPanola County, TX77 BBLs6,677 MCFFeb 2025
Dearman,J.W. Gas Unit 1Shelby County, TX44 BBLs0 MCFFeb 2025
Deberry W.HPanola County, TX0 BBLs20 MCFJan 2025
Ingram JPanola County, TX102 BBLs4,191 MCFFeb 2025
J.J. SmithPanola County, TX23 BBLs7,522 MCFFeb 2025
KylePanola County, TX1 BBLs139 MCFFeb 2025
Larcie Gu 1Shelby County, TX0 BBLs4,362 MCFFeb 2025
Marshall HomerPanola County, TX45 BBLs1,448 MCFFeb 2025
MaudePanola County, TX141 BBLs15,857 MCFFeb 2025
Ritter Unit 1Panola County, TX58 BBLs7,455 MCFFeb 2025
Ritter-Daniel (Allocation) Unit 1HPanola County, TX4 BBLs7,043 MCFFeb 2025
Ritter-Daniel UnitPanola County, TX110 BBLs10,268 MCFFeb 2025
S. GaryPanola County, TX91 BBLs9,554 MCFFeb 2025
Smith JPanola County, TX91 BBLs4,627 MCFFeb 2025
Walton MaryPanola County, TX1 BBLs44 MCFFeb 2025
Walton William H. GuPanola County, TX17 BBLs3,352 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Lane Gas Unit property.

Company Name

Owners of Lane Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024M E OPERATING & SERVICES INCLANE GAS UNIT #1HM E OPERATING
2024M E OPERATING & SERVICES INCLANE GAS UNIT #2M E OPERATING
2024M E OPERATING & SERVICES INCLANE GAS UNIT #2M E OPERATING

Oil & Gas Sales on Lane Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-283648LANE GAS UNIT 1HSep 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Sep 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jul 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jun 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HMay 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2May 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Apr 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HMar 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Mar 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Feb 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jan 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Dec 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HNov 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Nov 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HOct 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Oct 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HSep 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Sep 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HAug 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Aug 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jul 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HJul 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jun 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HJun 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2May 2023M. E. OPERATING AND SERVICES, INCORPORATED