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 - Dec 2024
Total Oil Production139,248 BBLs
Total Gas Production97,045 MCF
Recent Oil Production956 BBLs in Nov 2024
Recent Gas Production864 MCF in Nov 2024
Wells on Property1

Our Valuation Estimates for Cannon Michael

ShaleAssessment

Not Available

MarketMultiple

$153,327 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Cannon Michael
from Mar 2021 to Dec 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, TX2,227 BBLs1,753 MCFDec 2024
Anna ClaireMilam County, TX1,506 BBLs363 MCFDec 2024
Brady ScottMilam County, TX1,932 BBLs1,454 MCFDec 2024
Cartwright-Moore UnitMilam County, TX568 BBLs240 MCFDec 2024
Cotropia-McCrady UnitRobertson County, TX1,475 BBLs4 MCFNov 2024
Cotropia-Perrone UnitRobertson County, TX2,181 BBLs5 MCFNov 2024
CutterMilam County, TX2,025 BBLs8,073 MCFDec 2024
Ditto-Wilson UnitMilam County, TX678 BBLs2,263 MCFDec 2024
Ella MarieMilam County, TX1,584 BBLs1,173 MCFDec 2024
Ely UnitMilam County, TX3,691 BBLs6,406 MCFDec 2024
FrazierMilam County, TX845 BBLs0 MCFNov 2024
JamesMilam County, TX233 BBLs1,212 MCFDec 2024
Kubin-Pope UnitRobertson County, TX919 BBLs518 MCFNov 2024
Kubin-Scamardo UnitRobertson County, TX359 BBLs1,064 MCFNov 2024
Ring ARobertson County, TX33,288 BBLs100 MCFNov 2024
Scamardo HCXRobertson County, TX5,901 BBLs8,179 MCFNov 2024
Scamardo-Cotropia UnitRobertson County, TX3,773 BBLs2,585 MCFNov 2024
State-Cotropia UnitRobertson County, TX1,662 BBLs4 MCFNov 2024
TreyleyMilam County, TX609 BBLs2,940 MCFDec 2024
TylerMilam County, TX1,137 BBLs6,478 MCFDec 2024

Frac'ing activity on Cannon Michael

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-35085Cannon Michael #1HE

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.