Schott-Freeman Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schott-Freeman Unit

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Oct 2024
Total Oil Production149,222 BBLs
Total Gas Production1,145,740 MCF
Recent Oil Production270 BBLs in Sep 2024
Recent Gas Production1,119 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Schott-Freeman Unit

ShaleAssessment

$5,460 *

MarketMultiple

$47,298 **

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

Based on a decimal interest

Schott-Freeman Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schott-Freeman Unit
from Jan 1993 to Oct 2024

Wells on Schott-Freeman Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32589SCHOTT-FREEMAN UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.067222-96.842945

Leases included in Schott-Freeman Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-21625SCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Schott-Freeman Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BernshausenFayette County, TX15 BBLs0 MCFOct 2024
GlacierFayette County, TX4,430 BBLs13,854 MCFOct 2024
GoldappFayette County, TX246 BBLs3,098 MCFOct 2024
JenniferFayette County, TX0 BBLs0 MCFJun 2020
KermitFayette County, TX1,477 BBLs8,438 MCFNov 2024
LueckeFayette County, TX2 BBLs0 MCFOct 2024
MedusaFayette County, TX0 BBLs0 MCFJul 2000
Musslewhite MonaFayette County, TX5 BBLs46 MCFOct 2024
Nana UnitFayette County, TX104 BBLs638 MCFOct 2024
Pandora UnitFayette County, TX380 BBLs1,885 MCFOct 2024
PietschFayette County, TX0 BBLs0 MCFOct 2024
Pietsch-Taylor Unit 1HFayette County, TX11,146 BBLs54,333 MCFNov 2024
Pietsch-Zingelmann UnitFayette County, TX66 BBLs577 MCFOct 2024
Porter MurphyFayette County, TX829 BBLs7,143 MCFOct 2024
Pyrite UnitFayette County, TX173 BBLs5,714 MCFOct 2024
Sampson-MuellerFayette County, TX6,087 BBLs35,743 MCFOct 2024
Schoenemann UnitFayette County, TX1 BBLs155 MCFOct 2024
SchultzFayette County, TX55 BBLs466 MCFOct 2024
SolomonFayette County, TX13 BBLs202 MCFOct 2024
SpeckelsFayette County, TX140 BBLs4,694 MCFOct 2024

Owners of Schott-Freeman Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024FREEMAN DOUGLAS A & SUSAN RSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024LCRA RI/ORSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024ROGERS LAVERNE SCHOTTSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024SCHOTT LENORA NIETSCHE LIFE ESSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024CARRABBA JOHN BEN ESTATESCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024SMITH ENERGY/LIMITEDSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
2024HIGHLAND INTEREST INCSCHOTT-FREEMAN UNITMAGNOLIA OIL & GAS
Displaying 8 of 20 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Schott-Freeman Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-21625SCHOTT-FREEMAN UNITOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITSep 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITAug 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITJul 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITJun 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITMay 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITApr 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITMar 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITFeb 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITJan 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITDec 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITNov 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITOct 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-21625SCHOTT-FREEMAN UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLC