Meinen-Ol Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Meinen-Ol Unit

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1994 - Dec 2024
Total Oil Production36,397 BBLs
Total Gas Production5,669,100 MCF
Recent Oil Production13 BBLs in Nov 2024
Recent Gas Production4,184 MCF in Nov 2024
Wells on Property2

Our Valuation Estimates for Meinen-Ol Unit

ShaleAssessment

$17,715 *

MarketMultiple

$11,789 **

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

Based on a decimal interest

Meinen-Ol Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Meinen-Ol Unit
from Jan 1994 to Dec 2024

Wells on Meinen-Ol Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32816MEINEN-OL UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.000078-96.692521
42-149-33129MEINEN OL UNIT 2 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX29.997505-96.698352

Leases included in Meinen-Ol Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-148929MEINEN-OL UNIT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX
03-199305MEINEN OL UNIT 2 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Meinen-Ol Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Byrde H02obFayette County, TX2,496 BBLs79,032 MCFDec 2024
Frannie Unit 1HFayette County, TX308 BBLs15,182 MCFDec 2024
Gambit Check H02QGFayette County, TX1,331 BBLs48,781 MCFDec 2024
Gambit Mate H04QGFayette County, TX1,547 BBLs49,176 MCFDec 2024
Hilsher OlFayette County, TX11 BBLs856 MCFDec 2024
KoenigFayette County, TX0 BBLs0 MCFDec 2024
Millsap Unit 1HFayette County, TX522 BBLs51,306 MCFDec 2024
NW Oldenburg Amarado UnitFayette County, TX311 BBLs4,290 MCFDec 2024
OzarkFayette County, TX3,413 BBLs117,085 MCFDec 2024
Patterson UnitFayette County, TX0 BBLs0 MCFDec 2024
Queens H01QGFayette County, TX2,176 BBLs38,113 MCFDec 2024
RamseyFayette County, TX26 BBLs1,130 MCFDec 2024
Rio BravoFayette County, TX0 BBLs713 MCFDec 2024
Rio Lobo UnitFayette County, TX52 BBLs4,796 MCFDec 2024
RoznovFayette County, TX0 BBLs443 MCFNov 2024
SusieFayette County, TX0 BBLs67 MCFNov 2024
Warrenton-AFayette County, TX63 BBLs2,058 MCFDec 2024
Willow Unit 1HFayette County, TX637 BBLs56,869 MCFDec 2024
Wolff Unit 1HFayette County, TX288 BBLs20,857 MCFDec 2024
WunderlichFayette County, TX20 BBLs923 MCFDec 2024

Owners of Meinen-Ol Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGMEINEN OIL UNIT W#1MAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGMEINEN OIL UNIT W#2MAGNOLIA OIL & GAS

Oil & Gas Sales on Meinen-Ol Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-148929MEINEN-OL UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Feb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC