Patterson Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Patterson Unit

CountyFayette County, TX
Production DatesOct 1995 - Sep 2024
Total Oil Production13,688 BBLs
Total Gas Production4,455,808 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production32 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Patterson Unit

ShaleAssessment

$11,235 *

MarketMultiple

$80 **

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

Based on a decimal interest

Patterson Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Patterson Unit
from Oct 1995 to Sep 2024

Wells on Patterson Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32920PATTERSON UNIT 1UNION PACIFIC RESOURCES COMPANYHorizontal Well Surface LocatioFayette County, TX30.001130-96.674930
42-149-33198PATTERSON UNIT 2REMAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX29.995789-96.679178

Leases included in Patterson Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-156543PATTERSON UNIT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX
03-249387PATTERSON UNIT 2REMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Operators Associated With Patterson Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bauer-Koenig Unit 1HFayette County, TX268 BBLs15,509 MCFSep 2024
Byrde H02obFayette County, TX2,830 BBLs91,591 MCFSep 2024
Cambrai 1HFayette County, TX4 BBLs23,036 MCFSep 2024
CantignyFayette County, TX47 BBLs18,233 MCFSep 2024
Carter Unit 1HFayette County, TX522 BBLs24,064 MCFSep 2024
Frannie Unit 1HFayette County, TX321 BBLs18,553 MCFSep 2024
Hilsher OlFayette County, TX12 BBLs928 MCFSep 2024
KoenigFayette County, TX0 BBLs0 MCFMay 2024
Meinen-Ol UnitFayette County, TX12 BBLs3,693 MCFSep 2024
Millsap Unit 1HFayette County, TX560 BBLs57,879 MCFSep 2024
OzarkFayette County, TX3,855 BBLs136,796 MCFSep 2024
PasschendaeleFayette County, TX20 BBLs16,185 MCFSep 2024
Rio BravoFayette County, TX0 BBLs745 MCFSep 2024
Rio Lobo UnitFayette County, TX66 BBLs5,394 MCFSep 2024
RoznovFayette County, TX0 BBLs0 MCFFeb 2024
Schlabach 1HFayette County, TX223 BBLs21,168 MCFSep 2024
Warrenton-AFayette County, TX52 BBLs2,641 MCFSep 2024
Willow Unit 1HFayette County, TX709 BBLs63,824 MCFSep 2024
Wilson Unit 1HFayette County, TX743 BBLs29,419 MCFSep 2024
Wolff Unit 1HFayette County, TX416 BBLs32,095 MCFSep 2024

Owners of Patterson Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGPATTERSON UNIT W2MAGNOLIA OIL & GAS

Oil & Gas Sales on Patterson Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-249387PATTERSON UNIT 2REJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2RENov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2RESep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REMar 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2RENov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2RESep 2022MAGNOLIA OIL & GAS OPERATING LLC
03-249387PATTERSON UNIT 2REAug 2022MAGNOLIA OIL & GAS OPERATING LLC