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 - Jan 2024
Total Oil Production42,924 BBLs
Total Gas Production1,171,522 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production312 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment™

$4,907 *

MarketMultiple™

$4,055 **

* 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 Jan 2024

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 Gas 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, TX2 BBLs9 MCFJan 2024
Betty Mae UnitWharton County, TX0 BBLs133 MCFJan 2024
Brothers Cattle CoWharton County, TX0 BBLs0 MCFNov 2023
Brothers-Knipling Oil UnitWharton County, TX0 BBLs0 MCFMay 2017
Carolyn LangeWharton County, TX158 BBLs1,185 MCFJan 2024
CML TrustWharton County, TX191 BBLs1,784 MCFJan 2024
Couey-Harfst Gas UnitWharton County, TX0 BBLs91 MCFJan 2024
DrastataWharton County, TX0 BBLs65 MCFJan 2024
DusonWharton County, TX994 BBLs1,376 MCFJan 2024
Earl EstateWharton County, TX0 BBLs0 MCFMay 2020
Gold-ZappWharton County, TX25 BBLs650 MCFJan 2024
KniplingWharton County, TX0 BBLs0 MCFJun 2015
KubalaWharton County, TX24 BBLs2,220 MCFJan 2024
Pierce EstateWharton County, TX250 BBLs0 MCFJan 2024
PutnamWharton County, TX0 BBLs0 MCFJul 2017
Viper SwansonWharton County, TX0 BBLs0 MCFMar 2023
Watz 1Wharton County, TX354 BBLs2,891 MCFJan 2024
Wegenhoft I.WWharton County, TX0 BBLs0 MCFJul 2022
WeinheimerWharton County, TX0 BBLs0 MCFOct 2023
WrightWharton County, TX2,006 BBLs0 MCFJan 2024

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
Bay Rock Operating Company
CHP Oil & Gas Company, L.C.
Cimarron Engineering Corp.
Conoco Inc.
Cox & Perkins Exploration, Inc.
Fletcher Operating, LLC
Gulfstar Properties, Inc.
Hardwick Oil Company
Hollimon Oil Corporation
Kaiser-Francis Oil Company
Ken Petroleum Corporation
MB Energy, LLC
Proline Energy Resources Inc
TMR Exploration, Inc.
Transpacific Energy, LLC
Venus Oil Company
Viper S.W.D., LLC

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023TRANSPACIFIC ENERGY LLCREED #2
2023TRANSPACIFIC ENERGY LLCREED #1

Oil & Gas Sales on Reed Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-280802REED UNIT 2Nov 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Nov 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Oct 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Oct 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
03-281087REED UNIT 1Apr 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Apr 2023CIMA ENERGY, LPTRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Apr 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Apr 2023CIMA ENERGY, LPTRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Mar 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Mar 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Feb 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Feb 2023TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Jan 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Jan 2023TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Dec 2022TRANSPACIFIC ENERGY, LLC
03-281087REED UNIT 1Dec 2022TRANSPACIFIC ENERGY, LLC
03-280802REED UNIT 2Nov 2022TRANSPACIFIC ENERGY, LLC