Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Sep 2024
Total Oil Production6,134 BBLs
Total Gas Production351,675 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production781 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,904 *

MarketMultiple

$1,846 **

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

Based on a decimal interest

Schmidt Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schmidt
from May 1993 to Sep 2024

Wells on Schmidt

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-31891SCHMIDT 1REMAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.062973-96.738639

Leases included in Schmidt

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-18377SCHMIDTPOFF, H. BRYANFayette County, TX
03-197358SCHMIDT 1REEMERALD OPERATING COMPANY, INC.Fayette County, TX
03-24956SCHMIDTMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Schmidt property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrew Jacob UnitFayette County, TX130 BBLs3,246 MCFSep 2024
BrangusFayette County, TX60 BBLs1,154 MCFSep 2024
BrittaFayette County, TX69 BBLs2,627 MCFSep 2024
DebakeyFayette County, TX35 BBLs1,216 MCFSep 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX1 BBLs330 MCFSep 2024
JasperFayette County, TX79 BBLs591 MCFSep 2024
KathyFayette County, TX0 BBLs121 MCFSep 2024
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs0 MCFMay 2024
KristinaFayette County, TX13 BBLs1,597 MCFSep 2024
LevienFayette County, TX0 BBLs813 MCFSep 2024
MattinglyFayette County, TX0 BBLs290 MCFSep 2024
NorthrupFayette County, TX33 BBLs1,345 MCFSep 2024
RamseyFayette County, TX18 BBLs1,052 MCFSep 2024
Rio BravoFayette County, TX0 BBLs745 MCFSep 2024
Rio Lobo UnitFayette County, TX66 BBLs5,394 MCFSep 2024
RWR UnitFayette County, TX0 BBLs97 MCFSep 2024
SchuhmacherFayette County, TX0 BBLs0 MCFJul 2024
SpeckelsFayette County, TX142 BBLs3,832 MCFSep 2024

Owners of Schmidt

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGSCHMIDT 1REMAGNOLIA OIL & GAS

Oil & Gas Sales on Schmidt

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24956SCHMIDTJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTDec 2022MAGNOLIA OIL & GAS OPERATING LLC