MT 7 Ranch

Oil & Gas Property in Stephens County, TX

Property Summary

Key data points for MT 7 Ranch

CountyStephens County, TX
OperatorPETEX
Production DatesJan 1993 - Dec 2025
Total Oil Production6,175 BBLs
Total Gas Production724,196 MCF
Recent Oil Production0 BBLs in Nov 2025
Recent Gas Production389 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for MT 7 Ranch

ShaleAssessment

$2,115 *

MarketMultiple

$6,274 **

* 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 Dec 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, TX0 BBLs0 MCFOct 2025
BucklerStephens County, TX0 BBLs0 MCFJul 2025
Caldwell-RogersStephens County, TX0 BBLs2,208 MCFDec 2025
DavisStephens County, TX18 BBLs316 MCFDec 2025
Dunlap J.GStephens County, TX74 BBLs123 MCFDec 2025
FreemanStephens County, TX2 BBLs1 MCFDec 2025
HittsonStephens County, TX30 BBLs486 MCFNov 2025
Kight Judith WiStephens County, TX49 BBLs851 MCFDec 2025
MM Terry Ranch LTDStephens County, TX70 BBLs679 MCFDec 2025
MoonStephens County, TX0 BBLs0 MCFDec 2022
Moon RanchStephens County, TX134 BBLs4,013 MCFDec 2025
PughStephens County, TX29 BBLs2,070 MCFDec 2025
RogersStephens County, TX10 BBLs807 MCFDec 2025
ScottStephens County, TX0 BBLs0 MCFFeb 2025
SpeedStephens County, TX19 BBLs1,398 MCFDec 2025
Stephens P. B. 1Stephens County, TX0 BBLs107 MCFDec 2025
Tullos W.HStephens County, TX159 BBLs329 MCFDec 2025
Veale A.SStephens County, TX16 BBLs1,818 MCFDec 2025
Veale-ParksStephens County, TX673 BBLs454 MCFDec 2025
Walker G. BStephens County, TX45 BBLs561 MCFDec 2025

Owners of MT 7 Ranch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PETEXJ 7 RANCH(VEALE #2)PETEX
2025MIMI PROPERTIES LPJ 7 RANCH(VEALE #2)PETEX
2025MM TERRY RANCH LTDJ 7 RANCH(VEALE #2)PETEX
2025PETROLEUM 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 2Nov 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Oct 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Sep 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jul 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Jun 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2May 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Apr 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
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 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.