Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Jan 2025
Total Oil Production6,137 BBLs
Total Gas Production353,328 MCF
Recent Oil Production1 BBLs in Dec 2024
Recent Gas Production239 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,813 *

MarketMultiple

$1,780 **

* 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 Jan 2025

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, TX33 BBLs1,669 MCFJan 2025
Aquamarine Unit 1Fayette County, TX78 BBLs3,941 MCFJan 2025
BrangusFayette County, TX53 BBLs362 MCFDec 2024
BrittaFayette County, TX57 BBLs2,397 MCFJan 2025
DebakeyFayette County, TX16 BBLs438 MCFDec 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs133 MCFJan 2025
JasperFayette County, TX38 BBLs667 MCFJan 2025
KathyFayette County, TX0 BBLs51 MCFDec 2024
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs19 MCFDec 2024
KristinaFayette County, TX4 BBLs1,553 MCFJan 2025
LevienFayette County, TX0 BBLs639 MCFJan 2025
MattinglyFayette County, TX0 BBLs82 MCFDec 2024
NorthrupFayette County, TX15 BBLs541 MCFJan 2025
RamseyFayette County, TX23 BBLs678 MCFJan 2025
Rio Lobo UnitFayette County, TX50 BBLs4,900 MCFJan 2025
RWR UnitFayette County, TX1 BBLs0 MCFJan 2025
SchuhmacherFayette County, TX0 BBLs0 MCFNov 2024
Weigelt 1Fayette County, TX117 BBLs9,842 MCFJan 2025

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