Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Dec 2024
Total Oil Production6,136 BBLs
Total Gas Production353,110 MCF
Recent Oil Production0 BBLs in Nov 2024
Recent Gas Production536 MCF in Nov 2024
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,832 *

MarketMultiple

$1,706 **

* 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 Dec 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, TX77 BBLs2,904 MCFDec 2024
Aquamarine Unit 1Fayette County, TX69 BBLs4,668 MCFDec 2024
BellFayette County, TX78 BBLs4,120 MCFDec 2024
BrangusFayette County, TX58 BBLs2,325 MCFDec 2024
BrittaFayette County, TX58 BBLs2,303 MCFDec 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs322 MCFDec 2024
JasperFayette County, TX13 BBLs519 MCFDec 2024
KathyFayette County, TX0 BBLs142 MCFDec 2024
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs0 MCFDec 2024
KristinaFayette County, TX0 BBLs1,625 MCFDec 2024
LevienFayette County, TX0 BBLs41 MCFDec 2024
MattinglyFayette County, TX0 BBLs205 MCFDec 2024
NorthrupFayette County, TX39 BBLs1,489 MCFDec 2024
RamseyFayette County, TX26 BBLs1,130 MCFDec 2024
Rio Lobo UnitFayette County, TX52 BBLs4,796 MCFDec 2024
RWR UnitFayette County, TX0 BBLs47 MCFDec 2024
SchuhmacherFayette County, TX1 BBLs0 MCFNov 2024
Weigelt 1Fayette County, TX113 BBLs9,952 MCFDec 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