Hanks Unit

Oil & Gas Property in Stephens County, TX

Property Summary

Key data points for Hanks Unit

CountyStephens County, TX
OperatorRIDGE OIL COMPANY
Production DatesJan 1993 - Jan 2026
Total Oil Production103,073 BBLs
Total Gas Production19 MCF
Recent Oil Production305 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property1

Our Valuation Estimates for Hanks Unit

ShaleAssessment

$4,975 *

MarketMultiple

$27,688 **

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

Based on a decimal interest

Hanks Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Hanks Unit
from Jan 1993 to Jan 2026

Wells on Hanks Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-429-34551HANKS UNIT 1RIDGE OIL COMPANYProducingStephens County, TX32.639480-98.833515

Leases included in Hanks Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
7B-23368HANKS UNITRIDGE OIL COMPANYStephens County, TX

Nearby Properties

These are the closest 20 properties to the Hanks Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AnjevanStephens County, TX323 BBLs1,106 MCFJan 2026
BloxomStephens County, TX118 BBLs666 MCFJan 2026
Bloxom-Head UnitStephens County, TX0 BBLs486 MCFJan 2026
Duggan-Harrell (Stephens County, TX0 BBLs59 MCFJan 2026
DuncanStephens County, TX0 BBLs45 MCFJan 2026
E.C. ThompsonStephens County, TX0 BBLs0 MCFAug 2019
FambroStephens County, TX0 BBLs3,230 MCFJan 2026
Fambro SamStephens County, TX0 BBLs1,286 MCFJan 2026
FambroughStephens County, TX2 BBLs636 MCFJan 2026
FlourneyStephens County, TX0 BBLs0 MCFJul 2022
HeadStephens County, TX2 BBLs550 MCFJan 2026
HodgesStephens County, TX92 BBLs1,041 MCFJan 2026
ParkerStephens County, TX0 BBLs237 MCFJan 2026
ParksStephens County, TX0 BBLs187 MCFJan 2026
Roberson JStephens County, TX0 BBLs246 MCFJan 2026
SatterwhiteStephens County, TX6 BBLs57 MCFJan 2026
SikesStephens County, TX0 BBLs341 MCFJan 2026
Sikes-RandallStephens County, TX0 BBLs0 MCFMar 2025
StrieglerStephens County, TX4 BBLs913 MCFJan 2026
TaylorStephens County, TX0 BBLs50 MCFJan 2026

Owners of Hanks Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025RIDGE OIL COMPANYHANKS UNITRIDGE OIL COMPANY
2025WOODWARD BRYAN AHANKS UNITRIDGE OIL COMPANY
2025RIDGE OIL COMPANYHANKS UNITRIDGE OIL COMPANY
2025J RHODES LTDHANKS UNITRIDGE OIL COMPANY
2025RIDGE OIL CO #22722HANKS UNITRIDGE OIL COMPANY
2025EVERETT CARL B IIIHANKS UNITRIDGE OIL COMPANY
2025EVERETT JAMES SLOANHANKS UNITRIDGE OIL COMPANY
2025WATSON JULIE SLOANHANKS UNITRIDGE OIL COMPANY
Displaying 8 of 89 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Hanks Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-23368HANKS UNITDec 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITNov 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITOct 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITSep 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITAug 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJul 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJun 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMay 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITApr 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMar 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITFeb 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJan 2025PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITDec 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITNov 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITOct 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITSep 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITAug 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJul 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJun 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMay 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITApr 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITMar 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITFeb 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITJan 2024PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.
7B-23368HANKS UNITDec 2023PHILLIPS 66 COMPANYRIDGE OIL COMPANY, INC.