Hoffman

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Hoffman

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Aug 2024
Total Oil Production212,330 BBLs
Total Gas Production1,963,417 MCF
Recent Oil Production20 BBLs in Jul 2024
Recent Gas Production424 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Hoffman

ShaleAssessment

$1,832 *

MarketMultiple

$5,066 **

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

Based on a decimal interest

Hoffman Production Graph

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

Wells on Hoffman

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30846HOFFMAN "E" UNIT 1TEXAS OIL & GAS CORP.Plugged Oil WellLee County, TX30.233333-96.824115
42-287-31603HOFFMAN GUS UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.234448-96.819834

Leases included in Hoffman

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-14891HOFFMAN "E" UNITTXO PRODUCTION CORP.Lee County, TX
03-17316HOFFMAN, VERNONMAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-17802HOFFMAN, GUS UNITMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Nearby Properties

These are the closest 20 properties to the Hoffman property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bethany UnitLee County, TX0 BBLs0 MCFMar 2024
Carmean Mrs. JohnLee County, TX282 BBLs0 MCFJul 2024
E C F Oil UnitLee County, TX40 BBLs723 MCFAug 2024
Homer Jordan UnitLee County, TX5 BBLs0 MCFJul 2024
KimberlyLee County, TX224 BBLs558 MCFAug 2024
LueckeLee County, TX14 BBLs1,318 MCFAug 2024
MamieLee County, TX0 BBLs0 MCFJan 2006
McHenry R.KLee County, TX0 BBLs291 MCFAug 2024
ParrishLee County, TX18 BBLs400 MCFAug 2024
RoadrunnerLee County, TX34 BBLs1,390 MCFAug 2024
Schmidt-MaLee County, TX0 BBLs0 MCFSep 2020
SelmaLee County, TX202 BBLs3,840 MCFAug 2024
ShortyLee County, TX20 BBLs85 MCFAug 2024
SiegmundLee County, TX15 BBLs0 MCFJul 2024
Stork, ArthurLee County, TX0 BBLs0 MCFApr 2024
Stuermer ELee County, TX164 BBLs735 MCFAug 2024
SylviaLee County, TX0 BBLs924 MCFAug 2024
VernonLee County, TX0 BBLs0 MCFSep 2023
WardLee County, TX53 BBLs637 MCFAug 2024
Zaragoza H06ZGLee County, TX576 BBLs27,729 MCFAug 2024

Owners of Hoffman

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGVERNON-HOFFMAN UNITMAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGHOFFMAN GUS UNITMAGNOLIA OIL & GAS

Oil & Gas Sales on Hoffman

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-17802HOFFMAN, GUS UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONNov 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITSep 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-17316HOFFMAN, VERNONMay 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-17802HOFFMAN, GUS UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLC