Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Aug 2024
Total Oil Production6,134 BBLs
Total Gas Production350,863 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production575 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,927 *

MarketMultiple

$1,942 **

* 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 Aug 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, TX144 BBLs2,793 MCFAug 2024
BrangusFayette County, TX0 BBLs366 MCFAug 2024
BrittaFayette County, TX29 BBLs2,042 MCFAug 2024
DebakeyFayette County, TX27 BBLs1,171 MCFAug 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs319 MCFAug 2024
JasperFayette County, TX54 BBLs656 MCFAug 2024
KathyFayette County, TX0 BBLs131 MCFAug 2024
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs0 MCFMay 2024
KristinaFayette County, TX10 BBLs1,701 MCFAug 2024
LevienFayette County, TX0 BBLs826 MCFAug 2024
MattinglyFayette County, TX0 BBLs77 MCFAug 2024
NorthrupFayette County, TX12 BBLs1,024 MCFAug 2024
RamseyFayette County, TX119 BBLs810 MCFAug 2024
Rio BravoFayette County, TX0 BBLs740 MCFAug 2024
Rio Lobo UnitFayette County, TX44 BBLs5,567 MCFAug 2024
RWR UnitFayette County, TX1 BBLs88 MCFAug 2024
SchuhmacherFayette County, TX0 BBLs42 MCFJul 2024
SpeckelsFayette County, TX129 BBLs3,955 MCFAug 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