Rains Trust Unit

Oil & Gas Property in Austin County, TX

Property Summary

Key data points for Rains Trust Unit

CountyAustin County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1999 - Aug 2024
Total Oil Production113 BBLs
Total Gas Production9,978,650 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production5,490 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Rains Trust Unit

ShaleAssessment

$17,464 *

MarketMultiple

$13,420 **

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

Based on a decimal interest

Rains Trust Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rains Trust Unit
from Mar 1999 to Aug 2024

Wells on Rains Trust Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-015-30721RAINS TRUST UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingAustin County, TX30.059665-96.412468
42-015-30862RAINS TRUST UNIT 2MAGNOLIA OIL & GAS OPERATING LLCProducingAustin County, TX30.060304-96.425786

Leases included in Rains Trust Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-175403RAINS TRUST UNIT 1MAGNOLIA OIL & GAS OPERATING LLCAustin County, TX
03-206255RAINS TRUST UNIT 2MAGNOLIA OIL & GAS OPERATING LLCAustin County, TX

Nearby Properties

These are the closest 18 properties to the Rains Trust Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A. SchroederAustin County, TX2 BBLs0 MCFJul 2024
Arriola OakvilleAustin County, TX0 BBLs0 MCFApr 2018
Brenham Dome UnitWashington County, TX0 BBLs7,788 MCFAug 2024
CarmonaWashington County, TX0 BBLs25,026 MCFAug 2024
Cobb UnitWashington County, TX0 BBLs9,755 MCFAug 2024
Dierking UnitAustin County, TX0 BBLs13,813 MCFAug 2024
Eller UnitAustin County, TX0 BBLs1,215 MCFAug 2024
Glaeser UnitAustin County, TX0 BBLs4,357 MCFAug 2024
Goldberg UnitAustin County, TX0 BBLs5,743 MCFAug 2024
HahnWashington County, TX0 BBLs2,081 MCFAug 2024
Jarmon UnitWashington County, TX0 BBLs6,756 MCFAug 2024
MikeskaAustin County, TX0 BBLs0 MCFApr 2024
MikeskaAustin County, TX0 BBLs959 MCFAug 2024
Pearlie Mae UnitAustin County, TX0 BBLs958 MCFAug 2024
SalemWashington County, TX0 BBLs350 MCFAug 2024
TheldickAustin County, TX0 BBLs1,075 MCFAug 2024
TiemannWashington County, TX1 BBLs16,290 MCFAug 2024
WeissWashington County, TX0 BBLs9,757 MCFAug 2024

Companies in the Area

These are the closest 7 companies operating near the Rains Trust Unit property.

Company Name
Apache Corporation
Arriola Operating & Consltg Inc.
Goodrich Oil Company
Ineos USA Oil & Gas LLC
Magnolia Oil & Gas Operating LLC
Magnum Producing, LP
Union Pacific Resources Co.

Owners of Rains Trust Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPER LLCRAINS TRUST UNITMAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPER LLCRAINS TRUST UNIT #2MAGNOLIA OIL & GAS
2024REICHERT SANDRA KAYRAINS TRUST UNITMAGNOLIA OIL & GAS
2024WENSEL DONNIERAINS TRUST UNITMAGNOLIA OIL & GAS
2024FERGUSON EARLINERAINS TRUST UNITMAGNOLIA OIL & GAS
2024HUTCHERSON RONDARAINS TRUST UNITMAGNOLIA OIL & GAS
2024DIERKING DOROTHYRAINS TRUST UNITMAGNOLIA OIL & GAS
2024SCHULTZ TANYA SRAINS TRUST UNITMAGNOLIA OIL & GAS
Displaying 8 of 58 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Rains Trust Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-175403RAINS TRUST UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-206255RAINS TRUST UNIT 2Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-175403RAINS TRUST UNIT 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC