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 - Dec 2024
Total Oil Production42,317 BBLs
Total Gas Production3,521,766 MCF
Recent Oil Production113 BBLs in Nov 2024
Recent Gas Production9,952 MCF in Nov 2024
Wells on Property1

Our Valuation Estimates for Weigelt 1

ShaleAssessment

$1,164 *

MarketMultiple

$17,198 **

* 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 Dec 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, TX77 BBLs2,904 MCFDec 2024
BrittaFayette County, TX58 BBLs2,303 MCFDec 2024
Frannie Unit 1HFayette County, TX308 BBLs15,182 MCFDec 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs322 MCFDec 2024
JasperFayette County, TX13 BBLs519 MCFDec 2024
KoenigFayette County, TX0 BBLs0 MCFDec 2024
KrauseFayette County, TX53 BBLs1,343 MCFDec 2024
KristinaFayette County, TX0 BBLs1,625 MCFDec 2024
LevienFayette County, TX0 BBLs41 MCFDec 2024
Meinen-Ol UnitFayette County, TX13 BBLs4,184 MCFDec 2024
NorthrupFayette County, TX39 BBLs1,489 MCFDec 2024
Rio BravoFayette County, TX0 BBLs713 MCFDec 2024
Rio Lobo UnitFayette County, TX52 BBLs4,796 MCFDec 2024
RWR UnitFayette County, TX0 BBLs47 MCFDec 2024
SchmidtFayette County, TX0 BBLs536 MCFDec 2024
SchuhmacherFayette County, TX1 BBLs0 MCFNov 2024
WagnerFayette County, TX3 BBLs144 MCFDec 2024
Wolff Unit 1HFayette County, TX288 BBLs20,857 MCFDec 2024
Zuehlke UnitFayette County, TX0 BBLs413 MCFDec 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