Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Nov 2024
Total Oil Production6,135 BBLs
Total Gas Production352,871 MCF
Recent Oil Production1 BBLs in Oct 2024
Recent Gas Production660 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,857 *

MarketMultiple

$1,775 **

* 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 Nov 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 Oil Prod.Monthly 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, TX84 BBLs3,185 MCFNov 2024
Aquamarine Unit 1Fayette County, TX139 BBLs7,015 MCFNov 2024
BellFayette County, TX85 BBLs3,974 MCFNov 2024
BrangusFayette County, TX102 BBLs3,230 MCFNov 2024
BrittaFayette County, TX58 BBLs2,404 MCFNov 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs338 MCFNov 2024
JasperFayette County, TX37 BBLs640 MCFNov 2024
KathyFayette County, TX2 BBLs88 MCFNov 2024
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs0 MCFMay 2024
KristinaFayette County, TX20 BBLs1,639 MCFNov 2024
LevienFayette County, TX0 BBLs580 MCFNov 2024
MattinglyFayette County, TX0 BBLs195 MCFNov 2024
NorthrupFayette County, TX45 BBLs1,631 MCFNov 2024
RamseyFayette County, TX21 BBLs1,244 MCFNov 2024
Rio Lobo UnitFayette County, TX74 BBLs5,371 MCFNov 2024
RWR UnitFayette County, TX0 BBLs59 MCFNov 2024
SchuhmacherFayette County, TX0 BBLs0 MCFNov 2024
Weigelt 1Fayette County, TX102 BBLs12,054 MCFNov 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
03-24956SCHMIDTSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2024MAGNOLIA OIL & GAS OPERATING LLC
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 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2024MAGNOLIA 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