Wellman

Oil & Gas Property in Grimes County, TX

Property Summary

Key data points for Wellman

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1994 - Aug 2024
Total Oil Production139,768 BBLs
Total Gas Production18,150,019 MCF
Recent Oil Production0 BBLs in Jul 2024
Recent Gas Production1,084 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Wellman

ShaleAssessment

$52 *

MarketMultiple

$964 **

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

Based on a decimal interest

Wellman Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wellman
from Mar 1994 to Aug 2024

Wells on Wellman

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30446WELLMAN OL 1HMAGNOLIA OIL & GAS OPERATING LLCTemp AbandonedGrimes County, TX30.493779-96.082264
42-185-30542WELLMAN 2HMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.492639-96.082094
42-185-30661WELLMAN 3GMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.501057-96.082836

Leases included in Wellman

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-149289WELLMAN OL 1HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-157026WELLMAN 2HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-185584WELLMAN 3GMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the Wellman property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abshire-Selected Lands UnitBrazos County, TX0 BBLs2,447 MCFAug 2024
Bay 1HGrimes County, TX0 BBLs2,883 MCFAug 2024
Beard OlGrimes County, TX0 BBLs2,098 MCFAug 2024
BettyGrimes County, TX0 BBLs2,645 MCFAug 2024
BoatwrightGrimes County, TX1 BBLs492 MCFAug 2024
Calhoun F. DGrimes County, TX0 BBLs711 MCFAug 2024
CarmenGrimes County, TX0 BBLs3,387 MCFAug 2024
Ephraim OlGrimes County, TX0 BBLs2,287 MCFAug 2024
Franks OlGrimes County, TX0 BBLs220 MCFAug 2024
HollisterGrimes County, TX0 BBLs0 MCFMay 2024
LanicekGrimes County, TX75 BBLs748 MCFAug 2024
McGee OlGrimes County, TX0 BBLs0 MCFJan 2024
MoodyGrimes County, TX8 BBLs1,052 MCFAug 2024
Myers CattleBrazos County, TX0 BBLs2,395 MCFAug 2024
O Brien DLGrimes County, TX0 BBLs0 MCFJan 2024
PasketGrimes County, TX9 BBLs2,372 MCFAug 2024
Que PasaGrimes County, TX0 BBLs0 MCFMay 2023
RobinsonGrimes County, TX0 BBLs33 MCFAug 2024
SandersGrimes County, TX0 BBLs1,007 MCFAug 2024
Stanley OlGrimes County, TX1 BBLs1,555 MCFAug 2024

Owners of Wellman

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCWELLMAN W#2HMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCWELLMAN W#2HMAGNOLIA OIL &
2024WELLMAN, GERALD L & MARSHAWELLMAN W#2HMAGNOLIA OIL &
2024JOHNSON VERNON AWELLMAN W#2HMAGNOLIA OIL &
2024SHRINERS HOSP FOR CHILDRENWELLMAN W#2HMAGNOLIA OIL &
2024KOPYCINSKI, LARRYWELLMAN W#2HMAGNOLIA OIL &
2024BONEY GRADY LWELLMAN W#2HMAGNOLIA OIL &
2024SCHULZE, EVELYN LEIBERWELLMAN W#2HMAGNOLIA OIL &
Displaying 8 of 20 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wellman

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-157026WELLMAN 2HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HNov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HSep 2022MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HAug 2022MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJul 2022MAGNOLIA OIL & GAS OPERATING LLC