Cannon Michael

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Cannon Michael

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 2021 - Oct 2024
Total Oil Production136,831 BBLs
Total Gas Production95,012 MCF
Recent Oil Production1,162 BBLs in Sep 2024
Recent Gas Production1,441 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Cannon Michael

ShaleAssessment

Not Available

MarketMultiple

$169,404 **

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

Based on a decimal interest

Cannon Michael Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cannon Michael
from Mar 2021 to Oct 2024

Wells on Cannon Michael

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-35085CANNON MICHAEL 1HEMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.776225-96.636900

Leases included in Cannon Michael

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27820CANNON MICHAELMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Cannon Michael property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AaronMilam County, TX1,805 BBLs2,126 MCFOct 2024
Anna ClaireMilam County, TX1,564 BBLs532 MCFOct 2024
Brady ScottMilam County, TX633 BBLs844 MCFOct 2024
Cartwright-Moore UnitMilam County, TX333 BBLs133 MCFOct 2024
Cotropia-Frazier UnitRobertson County, TX300 BBLs271 MCFSep 2024
Cotropia-McCrady UnitRobertson County, TX467 BBLs143 MCFSep 2024
Cotropia-Perrone UnitRobertson County, TX1,159 BBLs225 MCFSep 2024
CutterMilam County, TX2,039 BBLs9,994 MCFOct 2024
Ditto-Wilson UnitMilam County, TX622 BBLs1,991 MCFOct 2024
Ella MarieMilam County, TX1,675 BBLs1,722 MCFOct 2024
Ely UnitMilam County, TX3,698 BBLs6,816 MCFOct 2024
FrazierMilam County, TX757 BBLs0 MCFSep 2024
JamesMilam County, TX636 BBLs4,129 MCFOct 2024
JennyMilam County, TX251 BBLs1,273 MCFOct 2024
Kubin-Pope UnitRobertson County, TX969 BBLs711 MCFSep 2024
Kubin-Scamardo UnitRobertson County, TX458 BBLs1,103 MCFSep 2024
Scamardo HCXRobertson County, TX3,686 BBLs15,471 MCFSep 2024
Scamardo-Cotropia UnitRobertson County, TX2,059 BBLs1,414 MCFSep 2024
TreyleyMilam County, TX766 BBLs5,262 MCFOct 2024
TylerMilam County, TX1,395 BBLs8,098 MCFOct 2024

Owners of Cannon Michael

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCCANNON MICHAEL 01HEMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCCANNON MICHAEL 01HEMAGNOLIA OIL &
2024ELY MYRON ECANNON MICHAEL 01HEMAGNOLIA OIL &
2024ELY JORDAN B JRCANNON MICHAEL 01HEMAGNOLIA OIL &
2024ROUSSEL LOUIE J IIICANNON MICHAEL 01HEMAGNOLIA OIL &
2024VICTORY FINANCIAL GROUP INCCANNON MICHAEL 01HEMAGNOLIA OIL &
2024CLINGMAN ELIZABETH R BERGCANNON MICHAEL 01HEMAGNOLIA OIL &
2024GENERAL LAND OFFICE TEXAS TECHCANNON MICHAEL 01HEMAGNOLIA OIL &
Displaying 8 of 56 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Cannon Michael

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27820CANNON MICHAELOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELNov 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-27820CANNON MICHAELNov 2023LRR PECOS VALLEY, LLC
03-27820CANNON MICHAELNov 2023AXIS ENERGY MARKETING, LLCLRR PECOS VALLEY, LLC
03-27820CANNON MICHAELOct 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.