Chester

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Chester

CountyLee County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production349,065 BBLs
Total Gas Production1,011,318 MCF
Recent Oil Production858 BBLs in Jul 2024
Recent Gas Production713 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Chester

ShaleAssessment

$21,058 *

MarketMultiple

$51,185 **

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

Based on a decimal interest

Chester Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chester
from Jan 1993 to Aug 2024

Wells on Chester

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-32331CHESTER 1UNITED OIL & MINERALS, INC.Horizontal Well Surface LocatioLee County, TX30.209657-96.780389
42-287-32415CHESTER 1MAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.214855-96.779552

Leases included in Chester

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-21642CHESTERUNITED OIL & MINERALS, INC.Lee County, TX
03-22428CHESTERMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Nearby Properties

These are the closest 20 properties to the Chester property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeaverLee County, TX36,759 BBLs223,910 MCFAug 2024
Beaver OrangeLee County, TX11,045 BBLs9,280 MCFAug 2024
Beaver Tail H 04BBLee County, TX14,739 BBLs34,804 MCFAug 2024
BruiserLee County, TX12,820 BBLs27,234 MCFAug 2024
CastlewoodLee County, TX8,384 BBLs23,804 MCFAug 2024
Erna HLee County, TX765 BBLs670 MCFAug 2024
Higgins UnitLee County, TX655 BBLs395 MCFAug 2024
Joe Five H 05JBLee County, TX18,227 BBLs18,276 MCFSep 2024
Joe One H 01JBLee County, TX17,068 BBLs16,081 MCFSep 2024
Joe Three H 03JBLee County, TX13,433 BBLs14,390 MCFSep 2024
K-Bob #1Lee County, TX796 BBLs1,599 MCFAug 2024
Lehmann Heirs Ol UnitLee County, TX2,069 BBLs66 MCFAug 2024
Lehmann Ira J. UnitLee County, TX0 BBLs0 MCFMar 2018
Mueller-Korth UnitLee County, TX322 BBLs1,285 MCFAug 2024
ParrishLee County, TX36 BBLs0 MCFJul 2024
RandolphLee County, TX1,156 BBLs1,197 MCFAug 2024
SiegmundLee County, TX15 BBLs0 MCFJul 2024
Sommer, L.C. UnitLee County, TX1,035 BBLs565 MCFAug 2024
ThundercreekLee County, TX93,192 BBLs275,043 MCFSep 2024
Ullrich 'A'Lee County, TX391 BBLs155 MCFAug 2024

Owners of Chester

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGCHESTERMAGNOLIA OIL & GAS
2024TEXAS OSAGE ROYALTY POOL INCCHESTERMAGNOLIA OIL & GAS
2024JETTA-X2 LPCHESTERMAGNOLIA OIL & GAS
2024LEHMANN LARRY RCHESTERMAGNOLIA OIL & GAS
2024KYLE CONNIE MAECHESTERMAGNOLIA OIL & GAS
2024JACOB ROBYN LEHMANNCHESTERMAGNOLIA OIL & GAS
2024LEHMANN HEATHCHESTERMAGNOLIA OIL & GAS
2024BOWMAN FREDCHESTERMAGNOLIA OIL & GAS
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Chester

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-22428CHESTERAug 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJul 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJun 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERMay 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERMar 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERSep 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERAug 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJul 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22428CHESTERJul 2023MAGNOLIA OIL & GAS OPERATING LLC