Weigelt 1

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Weigelt 1

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesAug 1999 - Oct 2024
Total Oil Production42,087 BBLs
Total Gas Production3,501,972 MCF
Recent Oil Production105 BBLs in Sep 2024
Recent Gas Production8,494 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Weigelt 1

ShaleAssessment

$1,194 *

MarketMultiple

$9,804 **

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

Based on a decimal interest

Weigelt 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Weigelt 1
from Aug 1999 to Oct 2024

Wells on Weigelt 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-33091WEIGELT 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.052272-96.694051

Leases included in Weigelt 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-174383WEIGELT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Weigelt 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrew Jacob UnitFayette County, TX59 BBLs2,997 MCFOct 2024
BrittaFayette County, TX48 BBLs2,331 MCFOct 2024
Frannie Unit 1HFayette County, TX285 BBLs15,304 MCFOct 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs324 MCFOct 2024
JasperFayette County, TX23 BBLs806 MCFOct 2024
KoenigFayette County, TX0 BBLs0 MCFMay 2024
KrauseFayette County, TX5 BBLs453 MCFOct 2024
KristinaFayette County, TX21 BBLs1,636 MCFOct 2024
LevienFayette County, TX0 BBLs127 MCFOct 2024
Meinen-Ol UnitFayette County, TX18 BBLs4,555 MCFOct 2024
NorthrupFayette County, TX31 BBLs1,470 MCFOct 2024
Rio BravoFayette County, TX0 BBLs757 MCFOct 2024
Rio Lobo UnitFayette County, TX48 BBLs5,378 MCFOct 2024
RWR UnitFayette County, TX1 BBLs93 MCFOct 2024
SchmidtFayette County, TX0 BBLs812 MCFOct 2024
SchuhmacherFayette County, TX0 BBLs0 MCFJul 2024
WagnerFayette County, TX0 BBLs79 MCFOct 2024
Wolff Unit 1HFayette County, TX392 BBLs29,844 MCFOct 2024
Zuehlke UnitFayette County, TX0 BBLs435 MCFOct 2024

Owners of Weigelt 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGWEIGELT W#1MAGNOLIA OIL & GAS

Oil & Gas Sales on Weigelt 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-174383WEIGELT 1Oct 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Feb 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Dec 2023ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Nov 2023ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2023ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2023ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC