Schmidt-Sacks Unit

Oil & Gas Property in Lee County, TX

  2. Texas
  3. Lee County, TX
  4. Oil & Gas Properties in Lee County, TX
  5. Schmidt-Sacks Unit Oil & Gas Property

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Property Summary

Key data points for Schmidt-Sacks Unit

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Jan 2025
Total Oil Production70,241 BBLs
Total Gas Production162,048 MCF
Recent Oil Production353 BBLs in Dec 2024
Recent Gas Production761 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Schmidt-Sacks Unit

ShaleAssessment™

$4,043 *

MarketMultiple™

$38,663 **

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

Based on a decimal interest

Schmidt-Sacks Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schmidt-Sacks Unit
from Jan 1993 to Jan 2025

Wells on Schmidt-Sacks Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30895SCHMIDT-SACKS UNIT 1WILLIAMS, CLAYTON W., JR.Plugged Oil WellLee County, TX30.195105-96.826155
42-287-32477SCHMIDT-SACKS UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.196771-96.828167

Leases included in Schmidt-Sacks Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-14286SCHMIDT-SACKS UNITMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Nearby Properties

These are the closest 20 properties to the Schmidt-Sacks Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CastlewoodLee County, TX7,404 BBLs16,854 MCFJan 2025
Dunkin UnitLee County, TX5,093 BBLs23,042 MCFJan 2025
Edgmon-CameronLee County, TX9 BBLs230 MCFDec 2024
GanttLee County, TX400 BBLs1,254 MCFJan 2025
HamerLee County, TX2 BBLs5 MCFJan 2025
Joe FiveLee County, TX15,371 BBLs13,412 MCFJan 2025
Joe OneLee County, TX13,388 BBLs14,086 MCFJan 2025
Joe ThreeLee County, TX12,660 BBLs13,100 MCFJan 2025
LanettaLee County, TX0 BBLs0 MCFNov 2023
MasseyLee County, TX521 BBLs356 MCFJan 2025
McHenry R.KLee County, TX0 BBLs133 MCFDec 2024
ParrishLee County, TX29 BBLs117 MCFJan 2025
ParrishLee County, TX11 BBLs160 MCFDec 2024
Schmidt-MaLee County, TX0 BBLs0 MCFSep 2020
SiegmundLee County, TX12 BBLs0 MCFJan 2025
SlivaLee County, TX0 BBLs0 MCFOct 1995
Stork, ArthurLee County, TX0 BBLs0 MCFApr 2024
SylviaLee County, TX0 BBLs283 MCFJan 2025
WilbanksLee County, TX0 BBLs0 MCFOct 2002
Wolf-Simpson UnitLee County, TX1,142 BBLs1,828 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Schmidt-Sacks Unit property.

Company Name
Blessing Energy, Inc.
Enervest Operating LLC
Everest Minerals Corp.
Everest Resource Company
Gemini Exploration Company
Harbor Resources LLC
Holifield Oil Company
Houston Oil & Minerals Corp.
Ironroc Energy
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Matrix Petroleum, LLC
Mobil Producing TX. & N.M. Inc.
Paleo Oil Company LLC
Redbud E & P, Inc.
Salt Of The Earth Energy, LLC
U. S. Operating, Inc.
United Oil & Minerals, Inc.
Wildfire Energy Operating LLC
Williams, Clayton W., Jr., Inc.

Owners of Schmidt-Sacks Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGSCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024SACKS RONNY GENESCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024ADKINS WARD N JRSCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024DONNELLAN JOHN E & GAILSCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024SHIDLER MARK L INCSCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024ENERGY RESOURCE GROUP ONE INCSCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024BESSE CHRISTIE LYNNSCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
2024PARTIN SUZANNE MARIESCHMIDT-SACKS UNITMAGNOLIA OIL & GAS
Displaying 8 of 40 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Schmidt-Sacks Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-14286SCHMIDT-SACKS UNITOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITJan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITDec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITNov 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITOct 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITSep 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITAug 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-14286SCHMIDT-SACKS UNITJul 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC