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 - Jun 2025
Total Oil Production62,226 BBLs
Total Gas Production2,120,729 MCF
Recent Oil Production352 BBLs in May 2025
Recent Gas Production11,426 MCF in May 2025
Wells on Property1

Our Valuation Estimates for PBGM 1H

ShaleAssessment

Not Available

MarketMultiple

$83,102 **

* 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 Jun 2025

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, TX257 BBLs9,388 MCFJun 2025
Burns-Poole 1HCherokee County, TX237 BBLs8,651 MCFJun 2025
Cole 2Smith County, TX3 BBLs1,012 MCFJun 2025
GuthrieSmith County, TX516 BBLs6,000 MCFJun 2025
Guthrie-Wilson Gu1Smith County, TX92 BBLs11,725 MCFJun 2025
LintnerSmith County, TX136 BBLs2,854 MCFJun 2025
Lintner-Guthrie (Smith County, TX14 BBLs14,843 MCFJun 2025
Lintner-Wilson Gu 2 (AllocSmith County, TX68 BBLs12,087 MCFJun 2025
McElroyCherokee County, TX320 BBLs8,465 MCFJun 2025
McElroy A - Wilkinson (Alloc) 1HCherokee County, TX253 BBLs11,682 MCFJun 2025
McElroy-Guthrie-Wilsongu1(Alloc) 1HCherokee County, TX130 BBLs7,290 MCFJun 2025
McElroy-SwannCherokee County, TX80 BBLs30,953 MCFJun 2025
PooleSmith County, TX192 BBLs10,454 MCFJun 2025
Reagan-Black Stone-Wilkinson (AlCherokee County, TX254 BBLs17,832 MCFJun 2025
Sieber 1Cherokee County, TX5 BBLs102 MCFJun 2025
Swann M. CSmith County, TX51 BBLs1,581 MCFJun 2025
Swann-McElroy (Alloc) 1HSmith County, TX54 BBLs13,085 MCFJun 2025
ThompsonCherokee County, TX105 BBLs5,413 MCFJun 2025
Wilkinson - McElroy A Alloc 1HCherokee County, TX186 BBLs6,356 MCFJun 2025
Wilson David GSmith County, TX506 BBLs19,496 MCFJun 2025

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 1HApr 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HMar 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HFeb 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJan 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJan 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJan 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HDec 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HDec 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HDec 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HNov 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HNov 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HNov 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HOct 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HOct 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HOct 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HSep 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HSep 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HSep 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HAug 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HAug 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HAug 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HJul 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJul 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HJul 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HJun 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY