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 - Sep 2024
Total Oil Production72,996 BBLs
Total Gas Production253,024 MCF
Recent Oil Production283 BBLs in Aug 2024
Recent Gas Production916 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Conrad Unit

ShaleAssessment

$4,264 *

MarketMultiple

$59,997 **

* 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 Sep 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, TX2,582 BBLs48 MCFSep 2024
Alvin NK UnitKarnes County, TX10,970 BBLs11,512 MCFSep 2024
Bailey UnitKarnes County, TX2,000 BBLs1,433 MCFSep 2024
BalserKarnes County, TX365 BBLs123 MCFSep 2024
DarleneKarnes County, TX11,163 BBLs23,105 MCFSep 2024
Dziuk UnitKarnes County, TX1,178 BBLs5,788 MCFSep 2024
Dzuik - StoeltjeKarnes County, TX5,149 BBLs2,878 MCFSep 2024
Fox - StoeltjeKarnes County, TX6,334 BBLs9,441 MCFSep 2024
Fox UnitKarnes County, TX4,647 BBLs4,421 MCFSep 2024
Fox-Fitch (Sa) AKarnes County, TX3,013 BBLs4,665 MCFSep 2024
GawlikKarnes County, TX952 BBLs276 MCFAug 2024
Gawlik - Pirate NWilson County, TX1,480 BBLs756 MCFAug 2024
Gawlik BWilson County, TX2,606 BBLs1,433 MCFAug 2024
Gawlik-Add CorpWilson County, TX1,378 BBLs1,123 MCFAug 2024
Glover UnitWilson County, TX425 BBLs326 MCFSep 2024
Joeckel UnitWilson County, TX505 BBLs605 MCFSep 2024
Kowalik UnitKarnes County, TX4,022 BBLs4,205 MCFSep 2024
Kowalik-MuenchowKarnes County, TX5,257 BBLs3,009 MCFSep 2024
LyssyKarnes County, TX1,021 BBLs329 MCFAug 2024
NieschwietzKarnes County, TX32,606 BBLs17,235 MCFSep 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
2024WOELFEL DARLENE RCONRAD 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