GJM Gas Unit I

Oil & Gas Property in Webb County, TX

Property Summary

Key data points for GJM Gas Unit I

CountyWebb County, TX
Production DatesOct 2001 - Feb 2024
Total Oil Production33,378 BBLs
Total Gas Production3,132,579 MCF
Recent Oil Production4 BBLs in Jan 2024
Recent Gas Production441 MCF in Jan 2024
Wells on Property3

Our Valuation Estimates for GJM Gas Unit I

ShaleAssessment

$5,327 *

MarketMultiple

$2,697 **

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

Based on a decimal interest

GJM Gas Unit I Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for GJM Gas Unit I
from Oct 2001 to Feb 2024

Wells on GJM Gas Unit I

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-479-37937GJM GAS UNIT I 1ARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.422322-99.249910
42-479-37946GJM GAS UNIT II 1MICHAEL PETROLEUM CORPORATIONPlugged Gas WellWebb County, TX27.422135-99.285701
42-479-37951GJM GAS UNIT I 2ARETE OPERATING COMPANY II, LLCProducingWebb County, TX27.421737-99.242288

Leases included in GJM Gas Unit I

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-186071GJM GAS UNIT I 1ARETE OPERATING COMPANY II, LLCWebb County, TX
04-189383GJM GAS UNIT I 2ARETE OPERATING COMPANY II, LLCWebb County, TX
04-190850GJM GAS UNIT II 1CALPINE NATURAL GAS L.P.Webb County, TX

Nearby Properties

These are the closest 20 properties to the GJM Gas Unit I property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BruniWebb County, TX6 BBLs735 MCFFeb 2024
Bruni MinerWebb County, TX5 BBLs17,722 MCFFeb 2024
Bruni-SummersWebb County, TX103 BBLs10,352 MCFFeb 2024
Bruni-SummersWebb County, TX5 BBLs3,257 MCFFeb 2024
FaustoWebb County, TX29 BBLs3,358 MCFFeb 2024
FloresWebb County, TX0 BBLs748 MCFJan 2024
G. & F. Ramirez Gas UnitWebb County, TX5 BBLs622 MCFFeb 2024
GillWebb County, TX0 BBLs1,331 MCFFeb 2024
Hirsch EstWebb County, TX0 BBLs881 MCFJan 2024
M.M.A. Cattle CoWebb County, TX16 BBLs1,792 MCFFeb 2024
Martin J.C. IIIWebb County, TX5 BBLs643 MCFFeb 2024
MayersWebb County, TX43 BBLs3,144 MCFFeb 2024
Mayers Gas UnitWebb County, TX3 BBLs366 MCFFeb 2024
McKendrickWebb County, TX0 BBLs0 MCFDec 2023
Ramirez G. & F. Gas UnitWebb County, TX0 BBLs46 MCFFeb 2024
RottersmanWebb County, TX27 BBLs9,530 MCFFeb 2024
SantosWebb County, TX10 BBLs1,074 MCFFeb 2024
SchwarzWebb County, TX0 BBLs1,325 MCFFeb 2024
Slaughter, Lilia BruniWebb County, TX0 BBLs1,535 MCFFeb 2024
Summers BruniWebb County, TX28 BBLs7,436 MCFFeb 2024

Owners of GJM Gas Unit I

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023ARETE OPERATING CO II LLCGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023ARETE OPERATING CO II LLCGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023MAYERS PABLO JRGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023MAYERS PABLO JRGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023PAYNE JANET MGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023PERKINS JOANNA P TRUSTGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023KORBLY CHARLES FAM LIVING TRUST 92402GJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
2023PAYNE JANET MGJM GAS UNIT 1 # 1,2ARETE OPERATING CO II LLC.
Displaying 8 of 18 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on GJM Gas Unit I

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-186071GJM GAS UNIT I 1Nov 2023ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Nov 2023ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Sep 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Sep 2023ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Sep 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Sep 2023ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Aug 2023ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Jul 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Jul 2023ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Jul 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Jul 2023ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Apr 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Apr 2023GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Jan 2023ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Dec 2022GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Dec 2022ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Dec 2022GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Dec 2022ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Nov 2022ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Nov 2022ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Oct 2022GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Oct 2022ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Oct 2022GULFMARK ENERGY, INC.ARETE OPERATING COMPANY, LLC
04-189383GJM GAS UNIT I 2Oct 2022ARETE OPERATING COMPANY, LLC
04-186071GJM GAS UNIT I 1Sep 2022ARETE OPERATING COMPANY, LLC