Grace Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production13,044 BBLs
Total Gas Production805,910 MCF
Recent Oil Production1 BBLs in Aug 2024
Recent Gas Production330 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$1,709 *

MarketMultiple

$799 **

* 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 Sep 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 Oil Prod.Monthly 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
Blue Paddle 1Fayette County, TX2,088 BBLs10,759 MCFSep 2024
BrangusFayette County, TX60 BBLs1,154 MCFSep 2024
BrittaFayette County, TX69 BBLs2,627 MCFSep 2024
Church CharlesFayette County, TX43 BBLs1,343 MCFSep 2024
Froese UnitFayette County, TX0 BBLs24 MCFSep 2024
FuchsFayette County, TX20 BBLs0 MCFSep 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
HeatherFayette County, TX47 BBLs0 MCFSep 2024
JasperFayette County, TX79 BBLs591 MCFSep 2024
KrauseFayette County, TX14 BBLs635 MCFSep 2024
KristinaFayette County, TX13 BBLs1,597 MCFSep 2024
Lapis UnitFayette County, TX2 BBLs0 MCFSep 2024
LevienFayette County, TX0 BBLs813 MCFSep 2024
MattinglyFayette County, TX0 BBLs290 MCFSep 2024
Rio Lobo UnitFayette County, TX66 BBLs5,394 MCFSep 2024
RWR UnitFayette County, TX0 BBLs97 MCFSep 2024
SchmidtFayette County, TX0 BBLs781 MCFSep 2024
SchuhmacherFayette County, TX0 BBLs0 MCFJul 2024
WagnerFayette County, TX0 BBLs123 MCFSep 2024
Zuehlke UnitFayette County, TX0 BBLs438 MCFSep 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 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
03-284268GRACE UNIT 1REAug 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2022MAGNOLIA OIL & GAS OPERATING LLC