Oil & Gas Property in Fayette County, TX
Key data points for Weigelt 1
| County | Fayette County, TX |
|---|---|
| Operator | MAGNOLIA OIL & GAS OPERATING LLC |
| Production Dates | Aug 1999 - Jan 2025 |
| Total Oil Production | 42,431 BBLs |
| Total Gas Production | 3,532,191 MCF |
| Recent Oil Production | 117 BBLs in Dec 2024 |
| Recent Gas Production | 9,842 MCF in Dec 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Weigelt 1
ShaleAssessment™
$1,153 *
MarketMultiple™
$22,488 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Weigelt 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Andrew Jacob Unit | Fayette County, TX | 33 BBLs | 1,669 MCF | Jan 2025 |
| Britta | Fayette County, TX | 57 BBLs | 2,397 MCF | Jan 2025 |
| Frannie Unit 1H | Fayette County, TX | 213 BBLs | 10,998 MCF | Jan 2025 |
| G&W Unit | Fayette County, TX | 0 BBLs | 0 MCF | Sep 2004 |
| Grace Unit | Fayette County, TX | 0 BBLs | 133 MCF | Jan 2025 |
| Jasper | Fayette County, TX | 38 BBLs | 667 MCF | Jan 2025 |
| Koenig | Fayette County, TX | 0 BBLs | 19 MCF | Dec 2024 |
| Krause | Fayette County, TX | 18 BBLs | 966 MCF | Jan 2025 |
| Kristina | Fayette County, TX | 4 BBLs | 1,553 MCF | Jan 2025 |
| Levien | Fayette County, TX | 0 BBLs | 639 MCF | Jan 2025 |
| Meinen-Ol Unit | Fayette County, TX | 19 BBLs | 4,098 MCF | Jan 2025 |
| Northrup | Fayette County, TX | 15 BBLs | 541 MCF | Jan 2025 |
| Rio Bravo | Fayette County, TX | 0 BBLs | 668 MCF | Jan 2025 |
| Rio Lobo Unit | Fayette County, TX | 50 BBLs | 4,900 MCF | Jan 2025 |
| RWR Unit | Fayette County, TX | 1 BBLs | 0 MCF | Jan 2025 |
| Schmidt | Fayette County, TX | 1 BBLs | 239 MCF | Jan 2025 |
| Schuhmacher | Fayette County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Wagner | Fayette County, TX | 3 BBLs | 171 MCF | Jan 2025 |
| Wolff Unit 1H | Fayette County, TX | 365 BBLs | 25,282 MCF | Jan 2025 |
| Zuehlke Unit | Fayette County, TX | 0 BBLs | 446 MCF | Jan 2025 |
These are the closest 19 companies operating near the Weigelt 1 property.