Ray L.V. Gas Unit No. 1 1

Oil & Gas Property in Upshur County, TX

  2. Texas
  3. Upshur County, TX
  4. Oil & Gas Properties in Upshur County, TX
  5. Ray L.V. Gas Unit No. 1 1 Oil & Gas Property

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Property Summary

Key data points for Ray L.V. Gas Unit No. 1 1

CountyUpshur County, TX
OperatorFAULCONER ENERGY, LLC
Production DatesJan 1993 - Nov 2025
Total Oil Production14,531 BBLs
Total Gas Production792,173 MCF
Recent Oil Production0 BBLs in Oct 2025
Recent Gas Production2,350 MCF in Oct 2025
Wells on Property1

Our Valuation Estimates for Ray L.V. Gas Unit No. 1 1

ShaleAssessment™

$4,071 *

MarketMultiple™

$2,081 **

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

Based on a decimal interest

Ray L.V. Gas Unit No. 1 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ray L.V. Gas Unit No. 1 1
from Jan 1993 to Nov 2025

Wells on Ray L.V. Gas Unit No. 1 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-459-30429RAY L.V. GAS UNIT NO. 1 1FAULCONER ENERGY, LLCProducingUpshur County, TX32.742661-95.019892

Leases included in Ray L.V. Gas Unit No. 1 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-084947RAY L.V. GAS UNIT NO. 1 1FAULCONER ENERGY, LLCUpshur County, TX

Nearby Properties

These are the closest 20 properties to the Ray L.V. Gas Unit No. 1 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Barbee Gas Unit #1Upshur County, TX22 BBLs7,430 MCFNov 2025
Barber GUpshur County, TX14 BBLs2,250 MCFNov 2025
Bogel Gas UnitUpshur County, TX138 BBLs16,794 MCFNov 2025
Bowers Ernest Gas UnitUpshur County, TX60 BBLs5,010 MCFNov 2025
Bullock Gas UnitUpshur County, TX2 BBLs859 MCFNov 2025
Dugger -AUpshur County, TX0 BBLs1,392 MCFNov 2025
Gunn J. R. Gas UnitUpshur County, TX30 BBLs2,450 MCFNov 2025
Hinson R.AUpshur County, TX74 BBLs9,296 MCFNov 2025
Leard #1Upshur County, TX60 BBLs9,203 MCFNov 2025
Legrande Bowers Gas UnitUpshur County, TX118 BBLs2,108 MCFNov 2025
McKnight Gas Unit 1Upshur County, TX36 BBLs2,945 MCFNov 2025
McKnight Will Gas Unit #1Upshur County, TX12 BBLs7,043 MCFNov 2025
Odom Gas UnitUpshur County, TX20 BBLs4,213 MCFNov 2025
R. A. Hinson Gas UnitUpshur County, TX15 BBLs1,703 MCFNov 2025
Ray W.E. Gas Unit #1Upshur County, TX108 BBLs11,660 MCFNov 2025
Spencer Gas Unit #1Upshur County, TX43 BBLs5,574 MCFNov 2025
Tillery John DUpshur County, TX29 BBLs596 MCFNov 2025
Tuel Gas Unit #1Upshur County, TX76 BBLs10,917 MCFNov 2025
Wade C.K. Gas Unit #1Upshur County, TX43 BBLs8,966 MCFNov 2025
Young Gas Unit #1Upshur County, TX87 BBLs6,741 MCFNov 2025

Companies in the Area

These are the closest 15 companies operating near the Ray L.V. Gas Unit No. 1 1 property.

Company Name
Beehive Operating, LLC
Diversified Production LLC
Exxon Corporation
Exxon Mobil Corporation
Faulconer Energy, LLC
Floyd Operating Company
Goldston Oil Corporation
Marathon Oil Company
McBee Operating Company, L.L.C.
Rose City Resources, LLC
Sabine Oil & Gas Corporation
Sulphur River Exploration, Inc.
Tanos Exploration IV, LLC
Verado Energy, Inc.
XTO Energy Inc.

Owners of Ray L.V. Gas Unit No. 1 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025FAULCONER ENERGY LLCRAY L V GU #01FAULCONER ENER
2025HEADINGTON ROYALTY INCRAY L V GU #01FAULCONER ENER
2025COLLINS DAVID RRAY L V GU #01FAULCONER ENER
2025BOONE WILLIAM JESSERAY L V GU #01FAULCONER ENER
2025HOLLOWAY GERALDRAY L V GU #01FAULCONER ENER
2025COSTON CAROLRAY L V GU #01FAULCONER ENER
2025SELBY RONALDRAY L V GU #01FAULCONER ENER
2025MCMILLAN ANGUS H JRRAY L V GU #01FAULCONER ENER
Displaying 8 of 155 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Ray L.V. Gas Unit No. 1 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-084947RAY L.V. GAS UNIT NO. 1 1Mar 2025FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Feb 2025FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Jan 2025FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Dec 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Nov 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Oct 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Sep 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Aug 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Jul 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Jun 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1May 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Apr 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Mar 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Feb 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Jan 2024FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Dec 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Nov 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Oct 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Sep 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Aug 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Jul 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Jun 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1May 2023FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1May 2023PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-084947RAY L.V. GAS UNIT NO. 1 1Apr 2023FAULCONER ENERGY, LLC