Hitz 1

Gas Property in Sherman County, TX

  2. Texas
  3. Sherman County, TX
  4. Oil & Gas Properties in Sherman County, TX
  5. Hitz 1 Gas Property

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Property Summary

Key data points for Hitz 1

CountySherman County, TX
Production DatesJan 1993 - Apr 2026
Total Oil Production0 BBLs
Total Gas Production893,048 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production974 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Hitz 1

ShaleAssessment™

$642 *

MarketMultiple™

$4,638 **

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

Based on a decimal interest

Hitz 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hitz 1
from Jan 1993 to Apr 2026

Wells on Hitz 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-421-00550HITZ 1PHILLIPS PETROLEUM COMPANYPlugged Gas WellSherman County, TX36.218381-102.054080
42-421-30655HITZ 1RBURK ROYALTY CO., LTD.ProducingSherman County, TX36.215586-102.057853

Leases included in Hitz 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-027316HITZ 1PHILLIPS PETROLEUM COMPANYSherman County, TX
10-166471HITZ 1RBURK ROYALTY CO., LTD.Sherman County, TX

Operators Associated With Hitz 1

Nearby Properties

These are the closest 20 properties to the Hitz 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BryanSherman County, TX0 BBLs8,190 MCFApr 2026
BurrusSherman County, TX0 BBLs3,303 MCFApr 2026
ClarkSherman County, TX0 BBLs6,284 MCFApr 2026
Groves 1Sherman County, TX0 BBLs1,513 MCFApr 2026
Harris Gas UnitSherman County, TX0 BBLs2,025 MCFApr 2026
JunkinSherman County, TX0 BBLs3,483 MCFApr 2026
Keenan -ASherman County, TX0 BBLs1,005 MCFApr 2026
KlekampSherman County, TX0 BBLs5,374 MCFApr 2026
Langston -ASherman County, TX0 BBLs379 MCFApr 2026
LouiseSherman County, TX0 BBLs7,740 MCFApr 2026
McBryde EstateSherman County, TX0 BBLs880 MCFApr 2026
Merkle 1Sherman County, TX0 BBLs1,727 MCFApr 2026
PriceSherman County, TX0 BBLs4,341 MCFApr 2026
ProngerSherman County, TX0 BBLs1,108 MCFApr 2026
ProngerSherman County, TX0 BBLs4,288 MCFApr 2026
SaxbySherman County, TX0 BBLs1,136 MCFApr 2026
Shoun ASherman County, TX0 BBLs2,912 MCFApr 2026
Texas Hugoton GSherman County, TX0 BBLs3,957 MCFApr 2026
Witt Gas Unit -BSherman County, TX0 BBLs1,990 MCFApr 2026
WohlfordSherman County, TX0 BBLs15,382 MCFApr 2026

Companies in the Area

These are the closest 20 companies operating near the Hitz 1 property.

Company Name
Amoco Production Company
BP America Production Company
Bryan Exploration Company
Burk Royalty Co., LTD.
Chesapeake Operating, Inc.
ConocoPhillips Company
Courson Oil & Gas, Inc.
Fortay Inc.
Four Star Oil & Gas Company
Hugoton Energy Corporation
Lasater & Co, Inc.
Midgard Energy Company
Oxy USA Inc
Palo Duro Resources LLC
Pantera Energy Company
Phillips Petroleum Company
Rio Petroleum, Inc.
Travelers Oil Company
Upland Resources LLC
Wallace Oil & Gas Inc

Owners of Hitz 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SCOUT ENERGY MANAGEMENT (MIN)HITZ #1RSCOUT ENERGY MNGMNT
2025EMBELL PROPERTIES LLCHITZ #1RSCOUT ENERGY MNGMNT
2025RUSSELL REVOC LIVING TRUSTHITZ #1RSCOUT ENERGY MNGMNT
2025BAKER MELISSA JEANHITZ #1RSCOUT ENERGY MNGMNT
2025SMITH BRADFORD CHITZ #1RSCOUT ENERGY MNGMNT
2025SMITH CARL D JRHITZ #1RSCOUT ENERGY MNGMNT
2025HOYA PARTNERSHITZ #1RSCOUT ENERGY MNGMNT

Oil & Gas Sales on Hitz 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-166471HITZ 1RFeb 2026DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJan 2026DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RDec 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RNov 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1ROct 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RSep 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJun 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RMay 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RApr 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RMar 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RFeb 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJan 2025DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RDec 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RNov 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1ROct 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RSep 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RAug 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJul 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJun 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RMay 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RApr 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RMar 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RFeb 2024DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RDec 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RNov 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC