PBGM 1H

Oil & Gas Property in Smith County, TX

Property Summary

Key data points for PBGM 1H

CountySmith County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesNov 2018 - Mar 2026
Total Oil Production65,042 BBLs
Total Gas Production2,219,429 MCF
Recent Oil Production280 BBLs in Feb 2026
Recent Gas Production10,035 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for PBGM 1H

ShaleAssessment

Not Available

MarketMultiple

$93,653 **

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

Based on a decimal interest

PBGM 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for PBGM 1H
from Nov 2018 to Mar 2026

Wells on PBGM 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-423-32420PBGM 1HVALENCE OPERATING COMPANYProducingSmith County, TX32.139828-95.047415

Leases included in PBGM 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-285946PBGM 1HVALENCE OPERATING COMPANYSmith County, TX

Nearby Properties

These are the closest 20 properties to the PBGM 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BurnsCherokee County, TX380 BBLs10,150 MCFMar 2026
Burns-Poole 1HCherokee County, TX187 BBLs7,212 MCFMar 2026
Cole 2Smith County, TX2 BBLs666 MCFMar 2026
GuthrieSmith County, TX489 BBLs4,387 MCFMar 2026
Guthrie-Wilson Gu1Smith County, TX73 BBLs9,495 MCFMar 2026
LintnerSmith County, TX94 BBLs1,232 MCFMar 2026
Lintner-Guthrie (Smith County, TX55 BBLs11,925 MCFMar 2026
Lintner-Wilson Gu 2 (AllocSmith County, TX25 BBLs10,470 MCFMar 2026
McElroyCherokee County, TX268 BBLs7,278 MCFMar 2026
McElroy A - Wilkinson (Alloc) 1HCherokee County, TX100 BBLs10,406 MCFMar 2026
McElroy-Guthrie-Wilsongu1(Alloc) 1HCherokee County, TX129 BBLs6,138 MCFMar 2026
McElroy-SwannCherokee County, TX279 BBLs24,792 MCFMar 2026
PooleSmith County, TX281 BBLs7,282 MCFMar 2026
Reagan-Black Stone-Wilkinson (AlCherokee County, TX85 BBLs15,057 MCFMar 2026
Sieber 1Cherokee County, TX0 BBLs78 MCFMar 2026
Swann M. CSmith County, TX76 BBLs1,510 MCFMar 2026
Swann-McElroy (Alloc) 1HSmith County, TX23 BBLs9,962 MCFMar 2026
ThompsonCherokee County, TX185 BBLs8,519 MCFMar 2026
Wilkinson - McElroy A Alloc 1HCherokee County, TX179 BBLs4,826 MCFMar 2026
Wilson David GSmith County, TX126 BBLs15,567 MCFMar 2026

Frac'ing activity on PBGM 1H

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-423-32420PBGM 1H

Owners of PBGM 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025VALENCE OPERATING COMPANYPBGM #1HVALENCE OPERAT
2025VALENCE OPERATING COMPANYPBGM #1HVALENCE OPERAT
2025GRAY WILLIAM H & TOMMIE P LLCPBGM #1HVALENCE OPERAT
2025GRAY WILLIAM H & TOMMIE P LLCPBGM #1HVALENCE OPERAT
2025GRAY JANETPBGM #1HVALENCE OPERAT
2025GRAY JANETPBGM #1HVALENCE OPERAT
2025GRAY DONALD RPBGM #1HVALENCE OPERAT
2025GRAY DONALD RPBGM #1HVALENCE OPERAT
Displaying 8 of 488 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on PBGM 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-285946PBGM 1HMar 2026PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HFeb 2026PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJan 2026PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HDec 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HDec 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HDec 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HNov 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HNov 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HNov 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HOct 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HOct 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HOct 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HSep 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HSep 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HSep 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HAug 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HAug 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HAug 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HJul 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJul 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJul 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HJun 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJun 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJun 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HMay 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY