Colt Unit

Oil & Gas Property in Burleson County, TX

Property Summary

Key data points for Colt Unit

CountiesBurleson County, TX
Milam County, TX
Production DatesMay 1998 - Aug 2024
Total Oil Production447,221 BBLs
Total Gas Production386,096 MCF
Recent Oil Production176 BBLs in Jul 2024
Recent Gas Production175 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Colt Unit

ShaleAssessment

$11,764 *

MarketMultiple

$45,161 **

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

Based on a decimal interest

Colt Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Colt Unit
from May 1998 to Aug 2024

Wells on Colt Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-051-33572COLT UNIT NO. 1 1MAGNOLIA OIL & GAS OPERATING LLCProducingBurleson County, TX30.697835-96.677751
42-331-33532COLT UNIT NO. 1 2MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.710051-96.678763

Leases included in Colt Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-23516COLT UNITRME PETROLEUM COMPANYBurleson County, TX
03-24197COLT UNIT NO. 1MAGNOLIA OIL & GAS OPERATING LLCBurleson County, TX
03-24264COLT UNITANADARKO E&P COMPANY LPMilam County, TX
03-24544COLT UNITLRR PECOS VALLEY, LLCMilam County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alford-Telg UnitBurleson County, TX344 BBLs248 MCFAug 2024
Beluga UnitBurleson County, TX2,230 BBLs481 MCFAug 2024
Bi - CountyBurleson County, TX774 BBLs496 MCFAug 2024
Brewer-Bridges UnitBurleson County, TX1,208 BBLs2,103 MCFAug 2024
Bronco BillyBurleson County, TX5,831 BBLs1,821 MCFAug 2024
Colley-Treybig UnitBurleson County, TX624 BBLs1,009 MCFAug 2024
DavidBurleson County, TX1,242 BBLs4,343 MCFAug 2024
Dirty HarryBurleson County, TX17,981 BBLs10,673 MCFAug 2024
Joe KiddBurleson County, TX2,293 BBLs2,343 MCFAug 2024
LightfootMilam County, TX4,905 BBLs4,489 MCFAug 2024
LitoBurleson County, TX1,789 BBLs4,804 MCFAug 2024
MeghanMilam County, TX1,091 BBLs1,407 MCFAug 2024
NatalieMilam County, TX794 BBLs478 MCFAug 2024
OzzieBurleson County, TX3,305 BBLs2,956 MCFAug 2024
PaxtonMilam County, TX961 BBLs1,862 MCFAug 2024
Pistol UnitBurleson County, TX716 BBLs248 MCFAug 2024
Plains DrifterBurleson County, TX3,207 BBLs4,093 MCFAug 2024
Summers UnitBurleson County, TX727 BBLs248 MCFAug 2024
ThunderboltMilam County, TX4,321 BBLs7,591 MCFAug 2024
Webb Branch UnitBurleson County, TX467 BBLs248 MCFAug 2024

Owners of Colt Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCCOLT UNIT NO#1-1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATINGCOLT UNIT NO 1MAGNOLIA OIL & GAS O
2024SULLENS DENNIS A & BRANDONCOLT UNIT NO#1-1MAGNOLIA OIL &
2024THOMAS KENDALL S JR & SHELLY ACOLT UNIT NO#1-1MAGNOLIA OIL &
2024THOMAS KENDALL S SR & LADY ACOLT UNIT NO#1-1MAGNOLIA OIL &
2024KASTLER LESA KAY AGNEW EXEMPT TRUSTCOLT UNIT NO#1-1MAGNOLIA OIL &
2024AGNEW GIL MCDADECOLT UNIT NO#1-1MAGNOLIA OIL &
2024AGNEW LAURA JANE EXEMPT TRUSTCOLT UNIT NO#1-1MAGNOLIA OIL &
Displaying 8 of 127 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Colt Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24197COLT UNIT NO. 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Dec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Nov 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24197COLT UNIT NO. 1Oct 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24197COLT UNIT NO. 1Sep 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24197COLT UNIT NO. 1Aug 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24544COLT UNITAug 2022ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24544COLT UNITJun 2022ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24544COLT UNITApr 2022ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24544COLT UNITFeb 2022ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.