Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

CountyMilam County, TX
Production DatesJun 1996 - Sep 2024
Total Oil Production1,443,567 BBLs
Total Gas Production1,084,249 MCF
Recent Oil Production3,390 BBLs in Aug 2024
Recent Gas Production4,653 MCF in Aug 2024
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$49,552 *

MarketMultiple

$479,987 **

* 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 Sep 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, TX2,024 BBLs2,245 MCFSep 2024
Alliance TrustRobertson County, TX928 BBLs756 MCFAug 2024
Alliance-Reistino UnitRobertson County, TX1,400 BBLs457 MCFAug 2024
Anna ClaireMilam County, TX1,526 BBLs420 MCFSep 2024
Brady ScottMilam County, TX1,642 BBLs1,723 MCFSep 2024
Cannon MichaelMilam County, TX1,141 BBLs1,483 MCFSep 2024
Cartwright-Moore UnitMilam County, TX674 BBLs237 MCFSep 2024
Cotropia-Frazier UnitRobertson County, TX328 BBLs255 MCFAug 2024
CutterMilam County, TX2,006 BBLs8,302 MCFSep 2024
Ditto-Wilson UnitMilam County, TX402 BBLs734 MCFSep 2024
Ella MarieMilam County, TX1,522 BBLs1,659 MCFSep 2024
JamesMilam County, TX603 BBLs3,576 MCFSep 2024
JennyMilam County, TX267 BBLs1,473 MCFSep 2024
Kubin-Pope UnitRobertson County, TX1,107 BBLs1,672 MCFAug 2024
Kubin-Scamardo UnitRobertson County, TX617 BBLs1,762 MCFAug 2024
Merka UnitRobertson County, TX484 BBLs445 MCFAug 2024
Scamardo HCXRobertson County, TX7,581 BBLs12,342 MCFAug 2024
Scamardo-Cotropia UnitRobertson County, TX3,395 BBLs2,826 MCFAug 2024
TreyleyMilam County, TX566 BBLs3,523 MCFSep 2024
TylerMilam County, TX1,491 BBLs8,901 MCFSep 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