Velmer Mae

Oil & Gas Property in Grimes County, TX

  2. Texas
  3. Grimes County, TX
  4. Oil & Gas Properties in Grimes County, TX
  5. Velmer Mae Oil & Gas Property

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Property Summary

Key data points for Velmer Mae

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 1997 - Jan 2025
Total Oil Production10,312 BBLs
Total Gas Production8,415,943 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production3,402 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Velmer Mae

ShaleAssessment™

$11,372 *

MarketMultiple™

$9,158 **

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

Based on a decimal interest

Velmer Mae Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Velmer Mae
from Jun 1997 to Jan 2025

Wells on Velmer Mae

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30615VELMER MAE 1MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.556541-95.960650
42-185-30626VELMER MAE 2MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.546640-95.957112

Leases included in Velmer Mae

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-163801VELMER MAE 1MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-165321VELMER MAE 2MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the Velmer Mae property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anderson-Hill 1Grimes County, TX0 BBLs6,510 MCFJan 2025
ApoloniaGrimes County, TX0 BBLs898 MCFJan 2025
Bay 1HGrimes County, TX0 BBLs1,801 MCFJan 2025
BettyGrimes County, TX0 BBLs1,559 MCFJan 2025
BoatwrightGrimes County, TX0 BBLs0 MCFOct 2024
BroncoGrimes County, TX0 BBLs5,634 MCFJan 2025
Calhoun F. DGrimes County, TX0 BBLs887 MCFJan 2025
CarmenGrimes County, TX0 BBLs1,891 MCFJan 2025
Edge GordonGrimes County, TX0 BBLs4,720 MCFJan 2025
FreemanGrimes County, TX0 BBLs1,347 MCFJan 2025
HaynieGrimes County, TX0 BBLs13,588 MCFJan 2025
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs7,379 MCFJan 2025
HeymanGrimes County, TX0 BBLs472 MCFJan 2025
HollisterGrimes County, TX0 BBLs0 MCFMay 2024
Jet UnitGrimes County, TX0 BBLs2,889 MCFJan 2025
Packer 1Grimes County, TX0 BBLs5,299 MCFJan 2025
PeachGrimes County, TX0 BBLs0 MCFJan 2025
RangerGrimes County, TX0 BBLs4,172 MCFJan 2025
Uriah OlGrimes County, TX0 BBLs854 MCFJan 2025
VictoryGrimes County, TX0 BBLs4,672 MCFJan 2025

Companies in the Area

These are the closest 9 companies operating near the Velmer Mae property.

Company Name
Akg Operating Company
Arco Oil & Gas Company
Chesapeake Operating, Inc.
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
One World Operating, LLC
Proline Energy Resources Inc
Stroud Oil Properties, Inc.
Torch Operating Company

Owners of Velmer Mae

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCVELMER MAE W#1MAGNOLIA OIL &
2024PHILLIPS, MARILYN BRACEWELLVELMER MAE W#1MAGNOLIA OIL &
2024BRACEWELL, BRADLEY F, JRVELMER MAE W#1MAGNOLIA OIL &
2024YANCHAK, EUGENE TVELMER MAE W#1MAGNOLIA OIL &
2024CHR INTERESTS LLCVELMER MAE W#1MAGNOLIA OIL &
2024STATHAM KENVELMER MAE W#1MAGNOLIA OIL &
2024STATHAM STEPHEN DOUGLASVELMER MAE W#1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCVELMER MAE W#2MAGNOLIA OIL &
Displaying 8 of 55 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Velmer Mae

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-163801VELMER MAE 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC