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 - Oct 2024
Total Oil Production36,365 BBLs
Total Gas Production5,660,818 MCF
Recent Oil Production18 BBLs in Sep 2024
Recent Gas Production4,555 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Meinen-Ol Unit

ShaleAssessment

$18,145 *

MarketMultiple

$11,784 **

* 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 Oct 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, TX2,481 BBLs85,796 MCFOct 2024
Frannie Unit 1HFayette County, TX285 BBLs15,304 MCFOct 2024
Gambit Check H02QGFayette County, TX1,376 BBLs56,161 MCFOct 2024
Gambit Mate H04QGFayette County, TX1,604 BBLs54,730 MCFOct 2024
Hilsher OlFayette County, TX11 BBLs890 MCFOct 2024
KoenigFayette County, TX0 BBLs0 MCFMay 2024
Millsap Unit 1HFayette County, TX524 BBLs53,861 MCFOct 2024
NW Oldenburg Amarado UnitFayette County, TX411 BBLs5,338 MCFOct 2024
OzarkFayette County, TX3,695 BBLs128,607 MCFOct 2024
Patterson UnitFayette County, TX0 BBLs22 MCFSep 2024
Queens H01QGFayette County, TX2,282 BBLs42,727 MCFOct 2024
RamseyFayette County, TX37 BBLs1,269 MCFOct 2024
Rio BravoFayette County, TX0 BBLs757 MCFOct 2024
Rio Lobo UnitFayette County, TX48 BBLs5,378 MCFOct 2024
RoznovFayette County, TX0 BBLs13 MCFSep 2024
SusieFayette County, TX0 BBLs70 MCFOct 2024
Warrenton-AFayette County, TX46 BBLs2,199 MCFOct 2024
Willow Unit 1HFayette County, TX684 BBLs59,931 MCFOct 2024
Wolff Unit 1HFayette County, TX392 BBLs29,844 MCFOct 2024
WunderlichFayette County, TX7 BBLs330 MCFOct 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