Reed Unit

Oil & Gas Property in Wharton County, TX

  2. Texas
  3. Wharton County, TX
  4. Oil & Gas Properties in Wharton County, TX
  5. Reed Unit Oil & Gas Property

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Property Summary

Key data points for Reed Unit

CountyWharton County, TX
OperatorTRANSPACIFIC ENERGY, LLC
Production DatesOct 2015 - Sep 2025
Total Oil Production42,981 BBLs
Total Gas Production1,172,925 MCF
Recent Oil Production1 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment™

$3,301 *

MarketMultiple™

$160 **

* 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 Sep 2025

Wells on Reed Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-481-35382REED UNIT 1TRANSPACIFIC ENERGY, LLCProducingWharton County, TX29.216798-96.340121
42-481-35383REED UNIT 2TRANSPACIFIC ENERGY, LLCProducingWharton County, TX29.222562-96.330876

Leases included in Reed Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
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, TX3 BBLs7 MCFAug 2025
Betty Mae UnitWharton County, TX2 BBLs0 MCFSep 2025
Brothers Cattle CoWharton County, TX84 BBLs0 MCFSep 2025
Carolyn LangeWharton County, TX1,204 BBLs0 MCFSep 2025
ClappWharton County, TX0 BBLs0 MCFJul 2025
CML TrustWharton County, TX0 BBLs0 MCFJan 2025
Couey-Harfst Gas UnitWharton County, TX0 BBLs0 MCFJan 2025
DrastataWharton County, TX0 BBLs0 MCFJan 2025
Earl EstateWharton County, TX0 BBLs0 MCFMay 2020
Gold-ZappWharton County, TX27 BBLs0 MCFSep 2025
KniplingWharton County, TX0 BBLs0 MCFJun 2015
MartinWharton County, TX599 BBLs0 MCFSep 2025
MollnarWharton County, TX0 BBLs0 MCFJun 2004
Pierce EstateWharton County, TX200 BBLs0 MCFSep 2025
PutnamWharton County, TX0 BBLs0 MCFJul 2017
SwansonWharton County, TX0 BBLs0 MCFApr 2006
Viper SwansonWharton County, TX181 BBLs0 MCFSep 2025
Wegenhoft I.WWharton County, TX0 BBLs0 MCFJul 2022
WeinheimerWharton County, TX0 BBLs0 MCFJan 2025
WrightWharton County, TX732 BBLs0 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the Reed Unit property.

Company Name
Allegro Investments, Inc.
American Int'L Energy Corp.
Atlas Operating LLC
Brayton Operating Corp.
CHP Oil & Gas Company, L.C.
Conoco Inc
Cox & Perkins Exploration, Inc.
Gulfstar Properties, Inc.
Hardwick Oil Company
Hollimon Oil Corporation
Ken Petroleum Corporation
MB Energy, LLC
Midas Resources, Inc.
Padon, Frank B. Oil Oper., Inc.
Proline Energy Resources Inc
TMR Exploration, Inc.
Tomlinson, Thomas K. Inc.
Transpacific Energy, LLC
Venus Oil Company
Viper S.W.D., LLC

Frac'ing activity on Reed Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-481-35382Reed Unit 1
42-481-35383Reed Unit 2

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025TRANSPACIFIC 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