Lane Gas Unit

Oil & Gas Property in Shelby County, TX

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

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Property Summary

Key data points for Lane Gas Unit

CountyShelby County, TX
OperatorM. E. OPERATING & SERVICES, INC.
Production DatesOct 2010 - Jan 2024
Total Oil Production323 BBLs
Total Gas Production424,085 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production1,249 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Lane Gas Unit

ShaleAssessment™

$5,285 *

MarketMultiple™

$4,192 **

* 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 Jan 2024

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
BrannonPanola County, TX56 BBLs1,487 MCFJan 2024
CallowPanola County, TX199 BBLs24,622 MCFJan 2024
Cgu 3Panola County, TX56 BBLs3,400 MCFJan 2024
Daniel Z.L. Gas UnitPanola County, TX51 BBLs2,416 MCFJan 2024
Dearman,J.W. Gas Unit 1Shelby County, TX9 BBLs0 MCFJan 2024
Deberry W.HPanola County, TX13 BBLs2,632 MCFJan 2024
Ingram JPanola County, TX127 BBLs6,015 MCFJan 2024
J.J. SmithPanola County, TX50 BBLs11,592 MCFJan 2024
KylePanola County, TX1 BBLs138 MCFJan 2024
Larcie Gu 1Shelby County, TX0 BBLs4,328 MCFJan 2024
Marshall HomerPanola County, TX47 BBLs1,883 MCFJan 2024
MaudePanola County, TX162 BBLs19,484 MCFJan 2024
PanolaPanola County, TX143 BBLs14,943 MCFJan 2024
Ritter Unit 1Panola County, TX55 BBLs8,207 MCFJan 2024
Ritter-Daniel UnitPanola County, TX128 BBLs16,743 MCFJan 2024
S. GaryPanola County, TX113 BBLs13,424 MCFJan 2024
Smith JPanola County, TX142 BBLs8,140 MCFJan 2024
Walton MaryPanola County, TX4 BBLs197 MCFJan 2024
Walton William H. GuPanola County, TX108 BBLs2,274 MCFJan 2024
Woods GuPanola County, TX227 BBLs10,854 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Lane Gas Unit property.

Company Name
Amplify Energy Operating LLC
Anadarko E&P Company LP
Buffco Production, Inc.
Cci East Texas Upstream LLC
ConocoPhillips Company
Corsa Resources, LLC
Diversified Production LLC
Enron Oil & Gas Company
Faulconer Energy, LLC
Harleton Oil & Gas Inc.
M. E. Operating & Services, Inc.
Phillips Petroleum Company
Preston Exploration LLC
Reynolds Drilling Co., Inc.
Rfe Operating, LLC
Richey Properties, Inc.
Rockcliff Energy Operating LLC
Samson Lone Star, LLC
TGNR East Texas LLC
Union Pacific Resources Co.

Owners of Lane Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023M E OPERATING & SERVICES INCLANE GAS UNIT #1HM E OPERATING
2023M E OPERATING & SERVICES INCLANE GAS UNIT #2M E OPERATING
2023M E OPERATING & SERVICES INCLANE GAS UNIT #2M E OPERATING
2023M E OPERATING & SERVICES INCLANE GAS UNIT #1HM E OPERATING

Oil & Gas Sales on Lane Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-259747LANE GAS UNIT 2Nov 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HNov 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Oct 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HOct 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
06-283648LANE GAS UNIT 1HJun 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jun 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2May 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HMay 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Apr 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HApr 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HMar 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Mar 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Feb 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HFeb 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Jan 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HJan 2023M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HDec 2022M. E. OPERATING AND SERVICES, INCORPORATED
06-259747LANE GAS UNIT 2Dec 2022M. E. OPERATING AND SERVICES, INCORPORATED
06-283648LANE GAS UNIT 1HNov 2022M. E. OPERATING AND SERVICES, INCORPORATED