MT 7 Ranch

Oil & Gas Property in Stephens County, TX

Property Summary

Key data points for MT 7 Ranch

County,
OperatorPETEX
Production DatesJan 1993 - Feb 2025
Total Oil Production5,903 BBLs
Total Gas Production718,676 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production399 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for MT 7 Ranch

ShaleAssessment

$2,508 *

MarketMultiple

$2,021 **

* 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
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to oil and gas production for MT 7 Ranch
from Jan 1993 to Feb 2025

Wells on MT 7 Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,

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, TX45 BBLs381 MCFJan 2025
BucklerStephens County, TX0 BBLs1,276 MCFJan 2025
Dunlap J.GStephens County, TX81 BBLs13 MCFFeb 2025
FreemanStephens County, TX5 BBLs1 MCFFeb 2025
HittsonStephens County, TX60 BBLs338 MCFFeb 2025
Leveridge M. RStephens County, TX0 BBLs0 MCFSep 2018
MM Terry Ranch LTDStephens County, TX102 BBLs652 MCFFeb 2025
MoonStephens County, TX0 BBLs0 MCFDec 2022
Moon RanchStephens County, TX180 BBLs4,096 MCFFeb 2025
PughStephens County, TX41 BBLs1,792 MCFFeb 2025
RogersStephens County, TX16 BBLs860 MCFFeb 2025
ScottStephens County, TX0 BBLs615 MCFFeb 2025
SpeedStephens County, TX39 BBLs1,232 MCFFeb 2025
Stephens P. B. 1Stephens County, TX0 BBLs66 MCFFeb 2025
ThomasStephens County, TX0 BBLs0 MCFOct 2023
Tullos W.HStephens County, TX152 BBLs339 MCFFeb 2025
Veale A.SStephens County, TX15 BBLs1,232 MCFFeb 2025
Veale-ParksStephens County, TX685 BBLs631 MCFFeb 2025
Walker G. BStephens County, TX44 BBLs463 MCFFeb 2025
Walker-HallwoodStephens County, TX0 BBLs0 MCFNov 2024

Companies in the Area

These are the closest 0 companies operating near the MT 7 Ranch property.

Company Name

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 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 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2023BML INCPETROLEUM 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.
7B-097253MT 7 RANCH 2Feb 2023BML INCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Feb 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jan 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2022TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Nov 2022TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.