Wheeler Unit

Oil & Gas Property in Wood County, TX

Property Summary

Key data points for Wheeler Unit

CountyWood County, TX
Production DatesMay 2005 - Apr 2025
Total Oil Production611,518 BBLs
Total Gas Production1,802,416 MCF
Recent Oil Production1,942 BBLs in Mar 2025
Recent Gas Production7,962 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Wheeler Unit

ShaleAssessment

$81,445 *

MarketMultiple

$235,595 **

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

Based on a decimal interest

Wheeler Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wheeler Unit
from May 2005 to Apr 2025

Wells on Wheeler Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-499-00344WHEELER UNIT 1JCVALENCE OPERATING COMPANYShut InWood County, TX32.939090-95.494283
42-499-32028WHEELER UNIT 1XVALENCE OPERATING COMPANYTemp AbandonedWood County, TX32.938312-95.496652
42-499-32171WHEELER UNIT 1HVALENCE OPERATING COMPANYProducingWood County, TX32.948344-95.499749
42-499-32185WHEELER UNIT 2HVALENCE OPERATING COMPANYProducingWood County, TX32.949584-95.492405

Leases included in Wheeler Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-04365WHEELER UNITVALENCE OPERATING COMPANYWood County, TX
05-280050WHEELER UNIT 1XVALENCE OPERATING COMPANYWood County, TX
06-017064WHEELER UNIT 1JCSCHLACHTER, DAVID A.Wood County, TX
06-215573WHEELER UNIT 1XVALENCE OPERATING COMPANYWood County, TX

Operators Associated With Wheeler Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alexander, J.DWood County, TX45 BBLs386 MCFApr 2025
BassWood County, TX1,581 BBLs8,587 MCFApr 2025
Bozeman DrillHopkins County, TX188 BBLs0 MCFApr 2025
CatfishWood County, TX2,986 BBLs18,448 MCFApr 2025
Coke (Paluxy) UnitWood County, TX0 BBLs0 MCFFeb 2025
Coke Unit AWood County, TX0 BBLs0 MCFFeb 2025
CokerHopkins County, TX178 BBLs670 MCFApr 2025
Foster DermoHopkins County, TX263 BBLs0 MCFApr 2025
Garrett TrustWood County, TX8 BBLs53 MCFApr 2025
Hendricks CarlHopkins County, TX427 BBLs1,860 MCFApr 2025
HodnettHopkins County, TX58 BBLs444 MCFApr 2025
Hudie MorganWood County, TX1,288 BBLs8,564 MCFApr 2025
KendrickHopkins County, TX150 BBLs0 MCFApr 2025
LivingstonHopkins County, TX241 BBLs0 MCFApr 2025
Malloy UnitWood County, TX1,103 BBLs1,472 MCFApr 2025
McDowellWood County, TX52 BBLs90 MCFApr 2025
MorganWood County, TX0 BBLs0 MCFJun 2018
Morris JHopkins County, TX22 BBLs0 MCFApr 2025
Scottish RiteWood County, TX492 BBLs2,188 MCFApr 2025
Yantis Field UnitWood County, TX0 BBLs0 MCFApr 2024

Frac'ing activity on Wheeler Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-499-32171Wheeler 1H
42-499-32185Wheeler Smart 1H

Owners of Wheeler Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING COMPANY (WI)WHEELERVALENCE OPERATING CO
2024GOODRICH R D ASSET PTNRS LPWHEELERVALENCE OPERATING CO
2024CONOCOPHILLIPS COWHEELERVALENCE OPERATING CO
2024MALLOY OIL & GAS PROP LLPWHEELERVALENCE OPERATING CO
2024111 FARM AND RANCH LPWHEELERVALENCE OPERATING CO
2024COLVIN MINERAL COWHEELERVALENCE OPERATING CO
2024RED TOP INVESTMENTS LPWHEELERVALENCE OPERATING CO
2024LA SOMBRA MINERALS LLCWHEELERVALENCE OPERATING CO
Displaying 8 of 296 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wheeler Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-04365WHEELER UNITJan 2025VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITJan 2025ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITDec 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITDec 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITDec 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITNov 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITNov 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITNov 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITOct 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITOct 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITOct 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITSep 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITSep 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITSep 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITAug 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITAug 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITAug 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITJul 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITJul 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITJul 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITJun 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITJun 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-04365WHEELER UNITJun 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-04365WHEELER UNITMay 2024DK TRADING & SUPPLY, LLCVALENCE OPERATING COMPANY
05-04365WHEELER UNITMay 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY