Wellman

Oil & Gas Property in Grimes County, TX

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

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Property Summary

Key data points for Wellman

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1994 - Sep 2024
Total Oil Production139,768 BBLs
Total Gas Production18,151,471 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production632 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for Wellman

ShaleAssessment™

$51 *

MarketMultiple™

$967 **

* 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 Sep 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 BBLs2,104 MCFSep 2024
Bay 1HGrimes County, TX0 BBLs3,752 MCFSep 2024
Beard OlGrimes County, TX4 BBLs2,129 MCFSep 2024
BettyGrimes County, TX0 BBLs3,021 MCFSep 2024
BoatwrightGrimes County, TX0 BBLs471 MCFSep 2024
Calhoun F. DGrimes County, TX0 BBLs673 MCFSep 2024
CarmenGrimes County, TX3 BBLs4,059 MCFSep 2024
Ephraim OlGrimes County, TX0 BBLs2,497 MCFSep 2024
Franks OlGrimes County, TX91 BBLs369 MCFSep 2024
HollisterGrimes County, TX0 BBLs0 MCFMay 2024
LanicekGrimes County, TX80 BBLs677 MCFSep 2024
McGee OlGrimes County, TX0 BBLs0 MCFJan 2024
MoodyGrimes County, TX29 BBLs2,097 MCFSep 2024
Myers CattleBrazos County, TX6 BBLs2,144 MCFSep 2024
O Brien DLGrimes County, TX0 BBLs0 MCFJan 2024
PasketGrimes County, TX14 BBLs2,420 MCFSep 2024
Que PasaGrimes County, TX0 BBLs0 MCFMay 2023
RobinsonGrimes County, TX0 BBLs53 MCFAug 2024
SandersGrimes County, TX5 BBLs979 MCFSep 2024
Stanley OlGrimes County, TX7 BBLs1,562 MCFSep 2024

Companies in the Area

These are the closest 11 companies operating near the Wellman property.

Company Name
Apache Corporation
BCL Operating, LLC
Bexco Operating, Inc.
Chesapeake Operating, Inc.
Magnolia Oil & Gas Operating LLC
Nuevo Energy Company
One World Operating, LLC
Proline Energy Resources Inc
Torch Operating Company
Westpark Petroleum, Inc.
Wildfire Energy Operating LLC

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