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 - Sep 2024
Total Oil Production148,979 BBLs
Total Gas Production1,144,657 MCF
Recent Oil Production357 BBLs in Aug 2024
Recent Gas Production1,638 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Schott-Freeman Unit

ShaleAssessment

$5,527 *

MarketMultiple

$47,410 **

* 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 Sep 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, TX2 BBLs10 MCFSep 2024
GlacierFayette County, TX5,158 BBLs14,780 MCFSep 2024
GoldappFayette County, TX268 BBLs3,482 MCFSep 2024
Hays, MargaretFayette County, TX434 BBLs1,117 MCFSep 2024
JenniferFayette County, TX0 BBLs0 MCFJun 2020
KermitFayette County, TX1,697 BBLs9,735 MCFOct 2024
LueckeFayette County, TX1 BBLs3 MCFSep 2024
MedusaFayette County, TX0 BBLs0 MCFJul 2000
Musslewhite MonaFayette County, TX0 BBLs27 MCFSep 2024
Nana UnitFayette County, TX204 BBLs932 MCFSep 2024
Pandora UnitFayette County, TX597 BBLs2,077 MCFSep 2024
PietschFayette County, TX2 BBLs7 MCFAug 2024
Pietsch-Taylor Unit 1HFayette County, TX7,878 BBLs11,812 MCFOct 2024
Pietsch-Zingelmann UnitFayette County, TX34 BBLs189 MCFSep 2024
Porter MurphyFayette County, TX1,037 BBLs8,781 MCFSep 2024
Pyrite UnitFayette County, TX342 BBLs7,145 MCFSep 2024
Schoenemann UnitFayette County, TX0 BBLs67 MCFSep 2024
SchultzFayette County, TX17 BBLs430 MCFSep 2024
SolomonFayette County, TX15 BBLs388 MCFSep 2024
SpeckelsFayette County, TX142 BBLs3,832 MCFSep 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
2024CARRABBA BROTHERS LTDSCHOTT-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