Grace Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Nov 2024
Total Oil Production13,044 BBLs
Total Gas Production806,477 MCF
Recent Oil Production0 BBLs in Oct 2024
Recent Gas Production338 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$1,665 *

MarketMultiple

$785 **

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

Based on a decimal interest

Grace Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Grace Unit
from Jan 1993 to Nov 2024

Wells on Grace Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-31985GRACE UNIT 1REMAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.092547-96.698517

Leases included in Grace Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-118945GRACE UNIT 1RERME PETROLEUM COMPANYFayette County, TX
03-24200GRACE UNITENERVEST OPERATING, L.L.C.Fayette County, TX
03-284268GRACE UNIT 1REMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrangusFayette County, TX102 BBLs3,230 MCFNov 2024
BrittaFayette County, TX58 BBLs2,404 MCFNov 2024
Church CharlesFayette County, TX60 BBLs1,233 MCFNov 2024
Emerald Unit 1Fayette County, TX146 BBLs5,410 MCFNov 2024
Froese UnitFayette County, TX0 BBLs39 MCFOct 2024
HeatherFayette County, TX5 BBLs295 MCFNov 2024
JasperFayette County, TX37 BBLs640 MCFNov 2024
KrauseFayette County, TX25 BBLs1,600 MCFNov 2024
KristinaFayette County, TX20 BBLs1,639 MCFNov 2024
Lapis UnitFayette County, TX0 BBLs0 MCFSep 2024
LevienFayette County, TX0 BBLs580 MCFNov 2024
MattinglyFayette County, TX0 BBLs195 MCFNov 2024
Miller-Ol Unit 1Fayette County, TX127 BBLs4,026 MCFNov 2024
RWR UnitFayette County, TX0 BBLs59 MCFNov 2024
Sapphire Unit 1HFayette County, TX338 BBLs9,059 MCFNov 2024
SchmidtFayette County, TX1 BBLs660 MCFNov 2024
SchuhmacherFayette County, TX0 BBLs0 MCFNov 2024
WagnerFayette County, TX7 BBLs288 MCFNov 2024
Weigelt 1Fayette County, TX102 BBLs12,054 MCFNov 2024
Zuehlke UnitFayette County, TX0 BBLs421 MCFNov 2024

Owners of Grace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGGRACE UNIT 1REMAGNOLIA OIL & GAS

Oil & Gas Sales on Grace Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-284268GRACE UNIT 1RESep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RESep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RESep 2022MAGNOLIA OIL & GAS OPERATING LLC