Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

CountyMilam County, TX
Production DatesJun 1996 - Jan 2025
Total Oil Production1,456,772 BBLs
Total Gas Production1,115,915 MCF
Recent Oil Production3,348 BBLs in Dec 2024
Recent Gas Production7,270 MCF in Dec 2024
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$45,801 *

MarketMultiple

$471,352 **

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

Based on a decimal interest

Ely Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ely Unit
from Jun 1996 to Jan 2025

Wells on Ely Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-33463ELY UNIT 1 1MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764638-96.626083
42-331-33465ELY UNIT 2 1MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764638-96.625805
42-331-33775ELY UNIT 1 2MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.766766-96.622543
42-331-33885ELY UNIT 2 2MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764367-96.621141
42-331-34764ELY UNIT 1 EB 1HMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764311-96.621255
42-331-34768ELY UNIT 2 3PHANADARKO E&P ONSHORE LLCPermitted LocationMilam County, TX30.764359-96.621285
42-331-34810ELY UNIT 1 EB 2HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762854-96.625551
42-331-34811ELY UNIT 1 EB 3HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762840-96.625596
42-331-34812ELY UNIT 1 EB 4HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762827-96.625641
42-331-34813ELY UNIT 1 EB 5HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762813-96.625686
42-331-34983ELY UNIT 1 4HGMAGNOLIA OIL & GAS OPERATING LLCShut InMilam County, TX30.762619-96.625437
42-331-34984ELY UNIT 1 5HBMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.762840-96.625596
42-331-34987ELY UNIT 2 3HAMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764166-96.630941

Leases included in Ely Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-23025ELY UNIT 2MAGNOLIA OIL & GAS OPERATING LLCMilam County, TX
03-23026ELY UNIT 1MAGNOLIA OIL & GAS OPERATING LLCMilam County, TX
03-25741ELY UNIT NO. 2TREADSTONE ENERGY PRTNR OP, LLCMilam County, TX
03-26974ELY UNIT 1 EBMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX
03-27314ELY UNIT 1MAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Ely Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AaronMilam County, TX2,047 BBLs1,542 MCFJan 2025
Alliance TrustRobertson County, TX522 BBLs730 MCFDec 2024
Alliance-Reistino UnitRobertson County, TX1,161 BBLs222 MCFDec 2024
Anna ClaireMilam County, TX1,334 BBLs226 MCFJan 2025
Brady ScottMilam County, TX1,309 BBLs1,481 MCFJan 2025
Cannon MichaelMilam County, TX1,461 BBLs1,169 MCFJan 2025
Cartwright-Moore UnitMilam County, TX538 BBLs221 MCFJan 2025
CutterMilam County, TX1,996 BBLs10,275 MCFJan 2025
Ditto-Wilson UnitMilam County, TX900 BBLs3,110 MCFJan 2025
Ella MarieMilam County, TX1,505 BBLs1,412 MCFJan 2025
JacksonMilam County, TX1,450 BBLs2,210 MCFJan 2025
JennyMilam County, TX312 BBLs610 MCFJan 2025
Kubin-Pope UnitRobertson County, TX753 BBLs1,010 MCFDec 2024
Kubin-Scamardo UnitRobertson County, TX469 BBLs1,181 MCFDec 2024
Merka UnitRobertson County, TX380 BBLs181 MCFDec 2024
Scamardo HCXRobertson County, TX5,354 BBLs7,373 MCFDec 2024
Scamardo-Cotropia UnitRobertson County, TX3,541 BBLs3,349 MCFDec 2024
Scarpinato-Reistino UnitRobertson County, TX306 BBLs350 MCFDec 2024
TreyleyMilam County, TX1,080 BBLs4,863 MCFJan 2025
TylerMilam County, TX1,018 BBLs4,434 MCFJan 2025

Frac'ing activity on Ely Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-34764Ely Unit 1 EB 1H
42-331-34983Ely Unit No. 1-4HG
42-331-34984Ely Unit No. 1-5HB
42-331-34987Ely Unit No. 2-3HA

Owners of Ely Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT #2-1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1 EBMAGNOLIA OIL &
2024ELY J B JRELY UNIT #2-1MAGNOLIA OIL &
2024ELY MYRON EELY UNIT 1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1MAGNOLIA OIL &
2024CLINGMAN ELIZABETH R BERGELY UNIT #2-1MAGNOLIA OIL &
Displaying 8 of 116 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Ely Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-23025ELY UNIT 2Oct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Oct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Oct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC