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 - Oct 2025
Total Oil Production0 BBLs
Total Gas Production887,647 MCF
Recent Oil Production0 BBLs in Sep 2025
Recent Gas Production704 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Hitz 1

ShaleAssessment™

$692 *

MarketMultiple™

$3,589 **

* 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 Oct 2025

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 1RSCOUT ENERGY MANAGEMENT LLCProducingSherman County, TX36.215586-102.057853

Leases included in Hitz 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-027316HITZ 1PHILLIPS PETROLEUM COMPANYSherman County, TX
10-166471HITZ 1RSCOUT ENERGY MANAGEMENT LLCSherman 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 BBLs9,414 MCFOct 2025
BurrusSherman County, TX0 BBLs316 MCFOct 2025
ClarkSherman County, TX0 BBLs5,225 MCFOct 2025
Groves 1Sherman County, TX0 BBLs328 MCFSep 2025
Harris Gas UnitSherman County, TX0 BBLs1,860 MCFOct 2025
JunkinSherman County, TX0 BBLs0 MCFAug 2025
Keenan -ASherman County, TX0 BBLs1,288 MCFOct 2025
KlekampSherman County, TX0 BBLs1,230 MCFOct 2025
Langston -ASherman County, TX0 BBLs1,460 MCFOct 2025
LouiseSherman County, TX0 BBLs7,232 MCFOct 2025
McBryde EstateSherman County, TX0 BBLs971 MCFOct 2025
Merkle 1Sherman County, TX0 BBLs1,912 MCFOct 2025
PriceSherman County, TX0 BBLs5,022 MCFOct 2025
ProngerSherman County, TX0 BBLs0 MCFAug 2025
ProngerSherman County, TX0 BBLs4,878 MCFOct 2025
SaxbySherman County, TX0 BBLs1,144 MCFSep 2025
Shoun ASherman County, TX0 BBLs1,475 MCFOct 2025
Texas Hugoton GSherman County, TX0 BBLs4,024 MCFOct 2025
Witt Gas Unit -BSherman County, TX0 BBLs2,110 MCFOct 2025
WohlfordSherman County, TX0 BBLs18,769 MCFOct 2025

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
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.
Scout Energy Management LLC
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
2025RUSSELL REVOC LIVING TRUSTHITZ #1RSCOUT ENERGY MNGMNT
2025EMBELL PROPERTIES LLCHITZ #1RSCOUT ENERGY MNGMNT
2025SMITH BRADFORD CHITZ #1RSCOUT ENERGY MNGMNT
2025SMITH CARL D JRHITZ #1RSCOUT ENERGY MNGMNT
2025BAKER MELISSA JEANHITZ #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 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
10-166471HITZ 1ROct 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RSep 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RAug 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJul 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RJun 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RMay 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RApr 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RMar 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC
10-166471HITZ 1RFeb 2023DCP OPERATING COMPANY, LPSCOUT ENERGY MANAGEMENT LLC