Grace Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production13,044 BBLs
Total Gas Production806,610 MCF
Recent Oil Production0 BBLs in Nov 2024
Recent Gas Production322 MCF in Nov 2024
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$1,643 *

MarketMultiple

$827 **

* 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 Dec 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, TX58 BBLs2,325 MCFDec 2024
BrittaFayette County, TX58 BBLs2,303 MCFDec 2024
Church CharlesFayette County, TX37 BBLs1,059 MCFDec 2024
Emerald Unit 1Fayette County, TX87 BBLs4,219 MCFDec 2024
Froese UnitFayette County, TX0 BBLs39 MCFDec 2024
HeatherFayette County, TX0 BBLs72 MCFDec 2024
JasperFayette County, TX13 BBLs519 MCFDec 2024
KrauseFayette County, TX53 BBLs1,343 MCFDec 2024
KristinaFayette County, TX0 BBLs1,625 MCFDec 2024
Lapis UnitFayette County, TX0 BBLs0 MCFSep 2024
LevienFayette County, TX0 BBLs41 MCFDec 2024
MattinglyFayette County, TX0 BBLs205 MCFDec 2024
Miller-Ol Unit 1Fayette County, TX165 BBLs3,932 MCFDec 2024
RWR UnitFayette County, TX0 BBLs47 MCFDec 2024
Sapphire Unit 1HFayette County, TX241 BBLs7,028 MCFDec 2024
SchmidtFayette County, TX0 BBLs536 MCFDec 2024
SchuhmacherFayette County, TX1 BBLs0 MCFNov 2024
WagnerFayette County, TX3 BBLs144 MCFDec 2024
Weigelt 1Fayette County, TX113 BBLs9,952 MCFDec 2024
Zuehlke UnitFayette County, TX0 BBLs413 MCFDec 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