Conrad Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Conrad Unit

CountyKarnes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 2017 - Aug 2024
Total Oil Production72,831 BBLs
Total Gas Production252,553 MCF
Recent Oil Production294 BBLs in Jul 2024
Recent Gas Production2,460 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Conrad Unit

ShaleAssessment

$4,341 *

MarketMultiple

$64,554 **

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

Based on a decimal interest

Conrad Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Conrad Unit
from Jan 2017 to Aug 2024

Wells on Conrad Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-34602CONRAD UNIT 103HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX28.961818-98.061231

Leases included in Conrad Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-11142CONRAD UNITMAGNOLIA OIL & GAS OPERATING LLCKarnes County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alvin NK Bernice AKarnes County, TX2,718 BBLs1 MCFAug 2024
Alvin NK UnitKarnes County, TX11,420 BBLs10,134 MCFAug 2024
Bailey UnitKarnes County, TX1,329 BBLs0 MCFAug 2024
BalserKarnes County, TX453 BBLs167 MCFAug 2024
DarleneKarnes County, TX8,677 BBLs18,287 MCFAug 2024
Dziuk UnitKarnes County, TX1,323 BBLs5,487 MCFAug 2024
Dzuik - StoeltjeKarnes County, TX5,259 BBLs3,349 MCFAug 2024
Fox - StoeltjeKarnes County, TX7,244 BBLs9,858 MCFAug 2024
Fox UnitKarnes County, TX5,998 BBLs7,014 MCFAug 2024
Fox-Fitch (Sa) AKarnes County, TX3,143 BBLs2,026 MCFAug 2024
GawlikKarnes County, TX868 BBLs218 MCFAug 2024
Gawlik - Pirate NWilson County, TX1,952 BBLs966 MCFAug 2024
Gawlik BWilson County, TX2,638 BBLs1,421 MCFAug 2024
Gawlik-Add CorpWilson County, TX2,011 BBLs1,913 MCFAug 2024
Joeckel UnitWilson County, TX831 BBLs606 MCFAug 2024
Kowalik UnitKarnes County, TX3,604 BBLs9,062 MCFAug 2024
Kowalik-MuenchowKarnes County, TX5,676 BBLs7,939 MCFAug 2024
LyssyKarnes County, TX1,350 BBLs328 MCFAug 2024
Muenchow UnitKarnes County, TX456 BBLs21 MCFAug 2024
NieschwietzKarnes County, TX26,346 BBLs8,687 MCFAug 2024

Owners of Conrad Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024SMITH GRACIE L SCZEPANIKCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024BLACKBRUSH OIL & GAS LPCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024HORTON ROYALTY LPCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024BAILEY JOHN CONRADCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024MITCHELL CHED REVOCABLE TRCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024SKLOSS ROBERTCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2024GTW-5 RANCH LPCONRAD UNIT W#103HMAGNOLIA OIL & GAS
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Conrad Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-11142CONRAD UNITAug 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJul 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJun 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMay 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITApr 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMar 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITFeb 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJan 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITDec 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITNov 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITOct 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITSep 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITAug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC