Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

CountyMilam County, TX
Production DatesJun 1996 - Oct 2024
Total Oil Production1,446,958 BBLs
Total Gas Production1,091,634 MCF
Recent Oil Production3,698 BBLs in Sep 2024
Recent Gas Production6,816 MCF in Sep 2024
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$48,528 *

MarketMultiple

$484,650 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Ely Unit
from Jun 1996 to Oct 2024

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, TX1,805 BBLs2,126 MCFOct 2024
Alliance TrustRobertson County, TX620 BBLs875 MCFSep 2024
Alliance-Reistino UnitRobertson County, TX501 BBLs56 MCFSep 2024
Anna ClaireMilam County, TX1,564 BBLs532 MCFOct 2024
Brady ScottMilam County, TX633 BBLs844 MCFOct 2024
Cannon MichaelMilam County, TX1,162 BBLs1,441 MCFOct 2024
Cartwright-Moore UnitMilam County, TX333 BBLs133 MCFOct 2024
Cotropia-Frazier UnitRobertson County, TX300 BBLs271 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
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
Merka UnitRobertson County, TX408 BBLs267 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 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