Jet Unit

Oil & Gas Property in Grimes County, TX

Property Summary

Key data points for Jet Unit

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJul 1999 - Sep 2024
Total Oil Production72 BBLs
Total Gas Production5,714,326 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production2,911 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Jet Unit

ShaleAssessment

Not Available

MarketMultiple

$8,540 **

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

Based on a decimal interest

Jet Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Jet Unit
from Jul 1999 to Sep 2024

Wells on Jet Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30651JET UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.466790-95.906386
42-185-30718JET UNIT 3MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.473528-95.901973

Leases included in Jet Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-173796JET UNIT 1MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-249822JET UNIT 3MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the Jet Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs1,427 MCFSep 2024
BroncoGrimes County, TX4 BBLs7,695 MCFSep 2024
Calhoun F. DGrimes County, TX0 BBLs673 MCFSep 2024
Champion 1Grimes County, TX0 BBLs0 MCFFeb 2024
Edge GordonGrimes County, TX3 BBLs5,277 MCFSep 2024
FreemanGrimes County, TX7 BBLs2,593 MCFSep 2024
HaynieGrimes County, TX6 BBLs13,825 MCFSep 2024
HeymanGrimes County, TX0 BBLs523 MCFSep 2024
MarlinGrimes County, TX0 BBLs8,561 MCFSep 2024
N. T. BreauxGrimes County, TX12 BBLs0 MCFAug 2024
PatriotGrimes County, TX197 BBLs0 MCFAug 2024
RangerGrimes County, TX0 BBLs3,903 MCFSep 2024
RocketGrimes County, TX0 BBLs4,275 MCFSep 2024
Rulemaker UnitGrimes County, TX121 BBLs280 MCFSep 2024
ThomasGrimes County, TX0 BBLs1,749 MCFSep 2024
Velmer MaeGrimes County, TX0 BBLs3,522 MCFSep 2024
VictoryGrimes County, TX0 BBLs5,614 MCFSep 2024
WalkoviakGrimes County, TX801 BBLs0 MCFAug 2024
West Richards Unit 1HGrimes County, TX4 BBLs10,654 MCFSep 2024
WranglerGrimes County, TX0 BBLs1,575 MCFSep 2024

Owners of Jet Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCJET UNIT W#1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCJET UNIT #3MAGNOLIA OIL &
2024BLACK STONE MINERALS CO LPJET UNIT W#1MAGNOLIA OIL &
2024SHAFTER LAKE ROYALTYJET UNIT W#1MAGNOLIA OIL &
2024BAILEY, JOANNE JJET UNIT W#1MAGNOLIA OIL &
2024WILLIAMS, BILLY JJET UNIT W#1MAGNOLIA OIL &
2024GRISHAM, G R, JRJET UNIT W#1MAGNOLIA OIL &
2024ST STANISLAUS PARISHJET UNIT W#1MAGNOLIA OIL &
Displaying 8 of 216 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Jet Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-249822JET UNIT 3Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Jul 2023MAGNOLIA OIL & GAS OPERATING LLC