Hughes

Oil & Gas Property in Stephens County, TX

  2. Texas
  3. Stephens County, TX
  4. Oil & Gas Properties in Stephens County, TX
  5. Hughes Oil & Gas Property

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Property Summary

Key data points for Hughes

CountyStephens County, TX
OperatorSKY RESOURCES, INC.
Production DatesJan 1993 - Jun 2025
Total Oil Production14 BBLs
Total Gas Production502,744 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production717 MCF in May 2025
Wells on Property2

Our Valuation Estimates for Hughes

ShaleAssessment™

$1,580 *

MarketMultiple™

$1,767 **

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

Based on a decimal interest

Hughes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hughes
from Jan 1993 to Jun 2025

Wells on Hughes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-429-33146HUGHES 1SKY RESOURCES, INC.InjectionStephens County, TX32.920734-98.708880
42-429-34288HUGHES 2SKY RESOURCES, INC.ProducingStephens County, TX32.922361-98.698700

Leases included in Hughes

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-116362HUGHES 2POAGE ENERGY COMPANYStephens County, TX
7B-129383HUGHES 2SKY RESOURCES, INC.Stephens County, TX
7B-129384HUGHES 1SKY RESOURCES, INC.Stephens County, TX
7B-22328HUGHESPOAGE ENERGY COMPANYStephens County, TX

Nearby Properties

These are the closest 20 properties to the Hughes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Akers Alma Et AlYoung County, TX0 BBLs0 MCFJan 2016
BrownStephens County, TX0 BBLs986 MCFJun 2025
BurgessStephens County, TX2 BBLs401 MCFJun 2025
Campbell Ruthy UnitStephens County, TX0 BBLs22 MCFMay 2025
CorbettStephens County, TX125 BBLs1,487 MCFJun 2025
DollarStephens County, TX0 BBLs2,525 MCFJun 2025
FordStephens County, TX153 BBLs2,751 MCFJun 2025
HolmanStephens County, TX0 BBLs148 MCFJun 2025
KennedyStephens County, TX24 BBLs17,794 MCFJun 2025
Kennedy M.O. EstateStephens County, TX1 BBLs96 MCFJun 2025
MC Donald J. TStephens County, TX0 BBLs0 MCFMar 2022
McDonaldStephens County, TX0 BBLs277 MCFJun 2025
Milam EStephens County, TX0 BBLs708 MCFJun 2025
PrattStephens County, TX3 BBLs0 MCFMay 2025
RepassStephens County, TX0 BBLs1,416 MCFJun 2025
RickelsStephens County, TX0 BBLs1,347 MCFJun 2025
Smith OStephens County, TX0 BBLs0 MCFMay 2022
ToddStephens County, TX0 BBLs1,624 MCFJun 2025
WashburnYoung County, TX101 BBLs0 MCFMay 2025
Young FannieStephens County, TX0 BBLs1,896 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Hughes property.

Company Name
Blue Wing Energy, Inc.
Burgess, Sim E.
Burk Royalty Company
Dearing, Inc.
Decleva, Paul
Delta Oil & Gas Company
Eagleridge Operating, LLC
Hale Oil & Gas Properties
Laneer Resources Company
Lankford, Dan L.
McClymond, Inc.
North Central Casing Pullers,Inc
Oklahoma Marlin Oil Corporation
Petex
Safari Resources, LLC
Sky Development Corporation
Sky Resources, Inc.
T & I Petroleum Co., Inc.
Tenison Oil Company
Walter Exploration Inc

Owners of Hughes

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SKY DEVELOPMENT CORPORATIONHUGHES (#2)SKY RESOURCES, INC.
2025SMITH BETTY CAREYHUGHES (#2)SKY RESOURCES, INC.
2025PAXTON JOE DEANHUGHES (#2)SKY RESOURCES, INC.
2025JACKSON W CHUGHES (#2)SKY RESOURCES, INC.
2025CORBETT MICHAEL ELLIOTTHUGHES (#2)SKY RESOURCES, INC.
2025SMITH E SCOTTHUGHES (#2)SKY RESOURCES, INC.
2025PAXTON KAY LYNNEHUGHES (#2)SKY RESOURCES, INC.
2025JDMI, LLCHUGHES (#2)SKY RESOURCES, INC.
Displaying 8 of 60 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Hughes

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-129383HUGHES 2Mar 2025TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Feb 2025TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Jan 2025TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Dec 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Nov 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Oct 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Sep 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Aug 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Jul 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Jun 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2May 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Apr 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Mar 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Feb 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Jan 2024TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Dec 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Nov 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Oct 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Sep 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Aug 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Jul 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Jun 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2May 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Apr 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.
7B-129383HUGHES 2Mar 2023TARGA MIDSTREAM SERVICES LLCSKY RESOURCES, INC.