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 - Aug 2024
Total Oil Production10,310 BBLs
Total Gas Production8,398,751 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production3,638 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Velmer Mae

ShaleAssessment™

$12,160 *

MarketMultiple™

$8,925 **

* 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 Aug 2024

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
ApoloniaGrimes County, TX0 BBLs366 MCFAug 2024
Bay 1HGrimes County, TX0 BBLs2,883 MCFAug 2024
BettyGrimes County, TX0 BBLs2,645 MCFAug 2024
BoatwrightGrimes County, TX1 BBLs492 MCFAug 2024
BroncoGrimes County, TX0 BBLs4,643 MCFAug 2024
Calhoun F. DGrimes County, TX0 BBLs711 MCFAug 2024
CarmenGrimes County, TX0 BBLs3,387 MCFAug 2024
Champion 1Grimes County, TX0 BBLs0 MCFFeb 2024
Edge GordonGrimes County, TX0 BBLs5,594 MCFAug 2024
Ephraim OlGrimes County, TX0 BBLs2,287 MCFAug 2024
FreemanGrimes County, TX0 BBLs5,025 MCFAug 2024
HaynieGrimes County, TX0 BBLs14,520 MCFAug 2024
HeymanGrimes County, TX0 BBLs525 MCFAug 2024
HollisterGrimes County, TX0 BBLs0 MCFMay 2024
Jet UnitGrimes County, TX0 BBLs3,213 MCFAug 2024
PeachGrimes County, TX6 BBLs71 MCFAug 2024
RangerGrimes County, TX0 BBLs4,377 MCFAug 2024
Uriah OlGrimes County, TX0 BBLs205 MCFAug 2024
VictoryGrimes County, TX0 BBLs5,499 MCFAug 2024
WranglerGrimes County, TX0 BBLs4,694 MCFAug 2024

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 &
2024BRACEWELL, BRADLEY F, JRVELMER MAE W#1MAGNOLIA OIL &
2024PHILLIPS, MARILYN BRACEWELLVELMER 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 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
03-163801VELMER MAE 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Apr 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
03-163801VELMER MAE 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC