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 - Jan 2026
Total Oil Production64,427 BBLs
Total Gas Production2,198,363 MCF
Recent Oil Production277 BBLs in Dec 2025
Recent Gas Production8,503 MCF in Dec 2025
Wells on Property1

Our Valuation Estimates for PBGM 1H

ShaleAssessment

Not Available

MarketMultiple

$81,076 **

* 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 Jan 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, TX295 BBLs6,791 MCFJan 2026
Cole 2Smith County, TX0 BBLs450 MCFJan 2026
GuthrieSmith County, TX649 BBLs6,830 MCFJan 2026
Guthrie-Wilson Gu1Smith County, TX110 BBLs10,695 MCFJan 2026
LintnerSmith County, TX332 BBLs2,582 MCFJan 2026
Lintner-Guthrie (Smith County, TX54 BBLs13,355 MCFJan 2026
Lintner-Wilson Gu 2 (AllocSmith County, TX50 BBLs12,139 MCFJan 2026
McElroyCherokee County, TX143 BBLs5,583 MCFJan 2026
McElroy A - Wilkinson (Alloc) 1HCherokee County, TX144 BBLs11,563 MCFJan 2026
McElroy-Guthrie-Wilsongu1(Alloc) 1HCherokee County, TX104 BBLs6,827 MCFJan 2026
McElroy-SwannCherokee County, TX330 BBLs28,597 MCFJan 2026
Moore-Swann-McElroy (Alloc) 1HSmith County, TX161 BBLs15,988 MCFJan 2026
PooleSmith County, TX218 BBLs3,195 MCFJan 2026
Reagan-Black Stone-Wilkinson (AlCherokee County, TX301 BBLs16,906 MCFJan 2026
Sieber 1Cherokee County, TX0 BBLs52 MCFJan 2026
Swann M. CSmith County, TX83 BBLs1,571 MCFJan 2026
Swann-McElroy (Alloc) 1HSmith County, TX166 BBLs12,590 MCFJan 2026
ThompsonCherokee County, TX114 BBLs4,366 MCFJan 2026
Wilkinson - McElroy A Alloc 1HCherokee County, TX176 BBLs5,442 MCFJan 2026
Wilson David GSmith County, TX166 BBLs16,646 MCFJan 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 1HDec 2025PLAINS MARKETING, L.P.VALENCE 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
06-285946PBGM 1HMay 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HMay 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
06-285946PBGM 1HApr 2025PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HApr 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
06-285946PBGM 1HApr 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY