Philip

Oil & Gas Property in Burleson County, TX

Property Summary

Key data points for Philip

CountyBurleson County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJul 2020 - Nov 2024
Total Oil Production133,895 BBLs
Total Gas Production92,244 MCF
Recent Oil Production967 BBLs in Oct 2024
Recent Gas Production977 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$160,056 **

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

Based on a decimal interest

Philip Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Philip
from Jul 2020 to Nov 2024

Wells on Philip

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-051-34303PHILIP 1HEMAGNOLIA OIL & GAS OPERATING LLCProducingBurleson County, TX30.718508-96.621655

Leases included in Philip

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27856PHILIPMAGNOLIA OIL & GAS OPERATING LLCBurleson County, TX

Nearby Properties

These are the closest 20 properties to the Philip property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alford-Seilevco H UnitBurleson County, TX518 BBLs216 MCFOct 2024
Alford-Telg UnitBurleson County, TX295 BBLs237 MCFNov 2024
Bi - CountyBurleson County, TX714 BBLs336 MCFNov 2024
Brewer-Bridges UnitBurleson County, TX947 BBLs2,379 MCFNov 2024
Bronco BillyBurleson County, TX4,066 BBLs2,730 MCFNov 2024
Browning UnitBurleson County, TX1,406 BBLs4,536 MCFNov 2024
D. N. Jones 130Burleson County, TX318 BBLs8 MCFOct 2024
DavidBurleson County, TX1,113 BBLs3,599 MCFNov 2024
Dirty HarryBurleson County, TX11,723 BBLs10,902 MCFNov 2024
Flowers-ReistinoRobertson County, TX11,704 BBLs8,528 MCFOct 2024
GroverBurleson County, TX1,393 BBLs701 MCFNov 2024
John BruceBurleson County, TX1,994 BBLs7,670 MCFNov 2024
LequettaBurleson County, TX924 BBLs992 MCFNov 2024
LitoBurleson County, TX1,997 BBLs5,202 MCFNov 2024
OzzieBurleson County, TX1,466 BBLs1,748 MCFNov 2024
Remi RoseBurleson County, TX1,571 BBLs692 MCFNov 2024
S. P. Scamardo-Seilevco L UnitRobertson County, TX3,888 BBLs4,429 MCFOct 2024
SophieBurleson County, TX952 BBLs3,235 MCFNov 2024
Space CowboysBurleson County, TX2,271 BBLs6,012 MCFNov 2024
Texas Gold UnitRobertson County, TX351 BBLs254 MCFOct 2024

Owners of Philip

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCPHILIP 1HEMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATINGPHILIP 1HEMAGNOLIA OIL & GAS O
2024MAGNOLIA OIL & GAS OPERATING LLCPHILIP 1HEMAGNOLIA OIL &
2024LIME ROCK RESOURCES V-A LPPHILIP 1HEMAGNOLIA OIL & GAS O
2024TREADSTONE ENERGY PRTN III LLCPHILIP 1HEMAGNOLIA OIL & GAS O
2024NOBLE ENERGY INCPHILIP 1HEMAGNOLIA OIL &
2024FISHER THOMAS PATRICKPHILIP 1HEMAGNOLIA OIL &
2024MCDONALD ADRIAN G JRPHILIP 1HEMAGNOLIA OIL &
Displaying 8 of 611 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Philip

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27856PHILIPOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 2024MAGNOLIA OIL & GAS OPERATING LLC