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

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Property Summary

Key data points for MT 7 Ranch

CountyStephens County, TX
OperatorPETEX
Production DatesJan 1993 - May 2026
Total Oil Production6,175 BBLs
Total Gas Production725,822 MCF
Recent Oil Production0 BBLs in Apr 2026
Recent Gas Production488 MCF in Apr 2026
Wells on Property3

Our Valuation Estimates for MT 7 Ranch

ShaleAssessment™

$1,955 *

MarketMultiple™

$1,533 **

* 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 May 2026

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, TX20 BBLs351 MCFApr 2026
BucklerStephens County, TX0 BBLs0 MCFJul 2025
Caldwell-RogersStephens County, TX0 BBLs2,216 MCFMay 2026
DavisStephens County, TX9 BBLs321 MCFMay 2026
Dunlap J.GStephens County, TX53 BBLs174 MCFMay 2026
FreemanStephens County, TX11 BBLs1 MCFMay 2026
HittsonStephens County, TX30 BBLs471 MCFMay 2026
Kight Judith WiStephens County, TX52 BBLs792 MCFMay 2026
MM Terry Ranch LTDStephens County, TX4 BBLs347 MCFMay 2026
MoonStephens County, TX0 BBLs0 MCFDec 2022
Moon RanchStephens County, TX117 BBLs3,782 MCFMay 2026
PughStephens County, TX0 BBLs247 MCFMay 2026
RogersStephens County, TX13 BBLs963 MCFMay 2026
ScottStephens County, TX0 BBLs0 MCFFeb 2025
SpeedStephens County, TX19 BBLs1,531 MCFMay 2026
Stephens P. B. 1Stephens County, TX0 BBLs95 MCFMay 2026
Tullos W.HStephens County, TX188 BBLs1,172 MCFMay 2026
Veale A.SStephens County, TX22 BBLs1,889 MCFMay 2026
Veale ParksStephens County, TX678 BBLs95 MCFMay 2026
Walker G. BStephens County, TX45 BBLs375 MCFMay 2026

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.
Southlake Exploration, 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
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 2Jan 2026TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2025TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.
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 2023BML INCPETROLEUM EXPLORATION COMPANY, LTD.
7B-097253MT 7 RANCH 2Dec 2023TARGA MIDSTREAM SERVICES LLCPETROLEUM EXPLORATION COMPANY, LTD.