Reed Unit

Oil & Gas Property in Wharton County, TX

Property Summary

Key data points for Reed Unit

County,
OperatorTRANSPACIFIC ENERGY, LLC
Production DatesOct 2015 - Oct 2024
Total Oil Production42,964 BBLs
Total Gas Production1,172,818 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment

$3,783 *

MarketMultiple

$58 **

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

Based on a decimal interest

Reed Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed Unit
from Oct 2015 to Oct 2024

Wells on Reed Unit

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

Leases included in Reed Unit

Lease #Lease NameOperatorCounty
03-280802REED UNIT 2TRANSPACIFIC ENERGY, LLCWharton County, TX
03-281087REED UNIT 1TRANSPACIFIC ENERGY, LLCWharton County, TX

Nearby Properties

These are the closest 20 properties to the Reed Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AdamcikWharton County, TX4 BBLs0 MCFFeb 2025
Betty Mae UnitWharton County, TX0 BBLs20 MCFJan 2025
Brothers Cattle CoWharton County, TX84 BBLs0 MCFFeb 2025
Brothers-Knipling Oil UnitWharton County, TX0 BBLs0 MCFMay 2017
Carolyn LangeWharton County, TX1,963 BBLs5,448 MCFFeb 2025
ClappWharton County, TX192 BBLs0 MCFFeb 2025
CML TrustWharton County, TX6 BBLs0 MCFJan 2025
Couey-Harfst Gas UnitWharton County, TX0 BBLs39 MCFJan 2025
DrastataWharton County, TX0 BBLs50 MCFJan 2025
Earl EstateWharton County, TX0 BBLs0 MCFMay 2020
Gold-ZappWharton County, TX23 BBLs2 MCFFeb 2025
KniplingWharton County, TX0 BBLs0 MCFJun 2015
Martin 1Wharton County, TX864 BBLs0 MCFFeb 2025
MollnarWharton County, TX0 BBLs0 MCFJun 2004
Pierce EstateWharton County, TX96 BBLs0 MCFFeb 2025
PutnamWharton County, TX0 BBLs0 MCFJul 2017
Viper SwansonWharton County, TX308 BBLs0 MCFFeb 2025
Wegenhoft I.WWharton County, TX0 BBLs0 MCFJul 2022
WeinheimerWharton County, TX0 BBLs10 MCFJan 2025
WrightWharton County, TX1,158 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Reed Unit property.

Company Name

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024TRANSPACIFIC ENERGY LLCREED #1TRANSPACIFIC ENERGY, L
2024TRANSPACIFIC ENERGY LLCREED #1TRANSPACIFIC ENERGY, L

Oil & Gas Sales on Reed Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-280802REED UNIT 2Jun 2024TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1May 2024TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Mar 2024TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Mar 2024TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Jan 2024TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Jan 2024TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Dec 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Dec 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Nov 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Nov 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Oct 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Oct 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Aug 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Aug 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Jul 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Jul 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Jun 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Jun 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2May 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1May 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Apr 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Apr 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Apr 2023CIMA ENERGY, LPTRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Apr 2023CIMA ENERGY, LPTRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Mar 2023TRANSPACIFIC ENERGY, LLC