MT 7 Ranch

Oil & Gas Property in Stephens County, TX

  2. Texas
  3. Stephens County, TX
  4. Oil & Gas Properties in Stephens County, TX
  5. MT 7 Ranch Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for MT 7 Ranch

CountyStephens County, TX
OperatorPETEX
Production DatesJan 1993 - Apr 2025
Total Oil Production6,175 BBLs
Total Gas Production720,328 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production784 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for MT 7 Ranch

ShaleAssessment™

$2,430 *

MarketMultiple™

$3,568 **

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

Based on a decimal interest

MT 7 Ranch 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 MT 7 Ranch
from Jan 1993 to Apr 2025

Wells on MT 7 Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-429-30299MT 7 RANCH 2PETEXProducingStephens County, TX32.767569-98.743997
42-429-30604MT 7 RANCH 3PETEXPlugged Oil/Gas WellStephens County, TX32.771331-98.744070
42-429-81858MT 7 RANCH 1WPETEXInjectionStephens County, TX32.766516-98.739382

Leases included in MT 7 Ranch

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-097253MT 7 RANCH 2PETEXStephens County, TX
7B-097254MT 7 RANCH 3PETEXStephens County, TX
7B-12282MT 7 RANCHPETEXStephens County, TX

Nearby Properties

These are the closest 20 properties to the MT 7 Ranch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonStephens County, TX18 BBLs415 MCFApr 2025
BucklerStephens County, TX0 BBLs0 MCFJan 2025
Dunlap J.GStephens County, TX53 BBLs107 MCFApr 2025
FreemanStephens County, TX13 BBLs1 MCFApr 2025
HittsonStephens County, TX15 BBLs579 MCFApr 2025
HunterStephens County, TX0 BBLs0 MCFAug 2021
Leveridge M.RStephens County, TX0 BBLs0 MCFApr 2018
MM Terry Ranch LTDStephens County, TX83 BBLs1,295 MCFApr 2025
MoonStephens County, TX0 BBLs0 MCFDec 2022
Moon RanchStephens County, TX135 BBLs4,504 MCFApr 2025
PughStephens County, TX34 BBLs1,786 MCFApr 2025
RogersStephens County, TX12 BBLs884 MCFApr 2025
ScottStephens County, TX0 BBLs0 MCFFeb 2025
SpeedStephens County, TX21 BBLs1,602 MCFApr 2025
Stephens P. B. 1Stephens County, TX0 BBLs14 MCFApr 2025
Tullos W.HStephens County, TX221 BBLs31 MCFApr 2025
Veale A.SStephens County, TX0 BBLs1,925 MCFApr 2025
Veale-ParksStephens County, TX647 BBLs439 MCFApr 2025
Walker G. BStephens County, TX32 BBLs655 MCFApr 2025
Walker-HallwoodStephens County, TX0 BBLs0 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the MT 7 Ranch property.

Company Name
4W Operating, LLC
American Exploration Company
Breck Operating Corp.
Centurion Operating Corporation
Cherokee Production Corp.
Cholla Petroleum Inc
Dale Operating Company
Daylight Petroleum LLC
Delta Oil & Gas Company
Delta Oil & Gas LTD.
Glahn Resources, Inc.
Itx Corporation
Jeff Dooley Operating, LLC
Karper Oil & Gas Corporation
Mitchell Energy Corp
Necessity Well Service, Inc.
Petex
Russell, T. Operating Inc.
T-N-T Engineering, Inc.
Tug Oil & Gas, L.L.C.

Owners of MT 7 Ranch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETEXJ 7 RANCH(VEALE #2)PETEX
2024MIMI PROPERTIES LPJ 7 RANCH(VEALE #2)PETEX
2024MM TERRY RANCH LTDJ 7 RANCH(VEALE #2)PETEX
2024PETROLEUM EXPLORATION COMPANYMT 7 RANCH 1WPETEX

Oil & Gas Sales on MT 7 Ranch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-097253MT 7 RANCH 2Mar 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jan 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Nov 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Oct 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Sep 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Aug 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jul 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jun 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2May 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Apr 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Mar 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Feb 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jan 2024TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2023BML INCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Nov 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Oct 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Sep 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Aug 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jul 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jun 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2May 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Apr 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Mar 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.