Lane Gas Unit

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Lane Gas Unit

CountyShelby County, TX
OperatorM. E. OPERATING & SERVICES, INC.
Production DatesOct 2010 - Apr 2025
Total Oil Production323 BBLs
Total Gas Production441,506 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production1,891 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Lane Gas Unit

ShaleAssessment

$3,708 *

MarketMultiple

$4,026 **

* 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 Apr 2025

Wells on Lane Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-31345LANE GAS UNIT 1HM. E. OPERATING & SERVICES, INC.ProducingShelby County, TX31.951488-94.286231
42-419-31512LANE GAS UNIT 2M. E. OPERATING & SERVICES, INC.ProducingShelby County, TX31.957529-94.289198

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 BBLs928 MCFApr 2025
CallowPanola County, TX285 BBLs24,655 MCFApr 2025
Cgu 3Panola County, TX31 BBLs4,991 MCFApr 2025
Daniel Z.L. Gas UnitPanola County, TX62 BBLs4,841 MCFApr 2025
Dearman,J.W. Gas Unit 1Shelby County, TX50 BBLs0 MCFApr 2025
Deberry W.HPanola County, TX0 BBLs0 MCFApr 2025
Ingram JPanola County, TX17 BBLs2,335 MCFApr 2025
J.J. SmithPanola County, TX11 BBLs627 MCFMar 2025
KylePanola County, TX2 BBLs192 MCFApr 2025
Larcie Gu 1Shelby County, TX0 BBLs3,991 MCFApr 2025
Marshall HomerPanola County, TX46 BBLs1,294 MCFApr 2025
MaudePanola County, TX144 BBLs15,317 MCFApr 2025
PanolaPanola County, TX146 BBLs12,886 MCFApr 2025
Ritter Unit 1Panola County, TX34 BBLs7,111 MCFApr 2025
Ritter-Daniel UnitPanola County, TX121 BBLs14,619 MCFApr 2025
S. GaryPanola County, TX28 BBLs9,026 MCFApr 2025
Smith JPanola County, TX117 BBLs8,242 MCFApr 2025
Walton MaryPanola County, TX0 BBLs28 MCFApr 2025
Walton William H. GuPanola County, TX26 BBLs3,338 MCFApr 2025

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 1HMar 2025M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Mar 2025M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HFeb 2025M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Feb 2025M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HJan 2025M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jan 2025M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Dec 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HDec 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HNov 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Nov 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Oct 2024M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HOct 2024M. E. OPERATING AND SERVICES, INCORPORATED
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
06-259747LANE GAS UNIT 2Nov 2023M. E. OPERATING AND SERVICES, INCORPORATED