Paxton

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Paxton

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 2019 - Nov 2024
Total Oil Production174,108 BBLs
Total Gas Production207,830 MCF
Recent Oil Production841 BBLs in Oct 2024
Recent Gas Production2,961 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Paxton

ShaleAssessment

Not Available

MarketMultiple

$106,526 **

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

Based on a decimal interest

Paxton Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Paxton
from Jun 2019 to Nov 2024

Wells on Paxton

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-35057PAXTON 1HAMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.697695-96.720407

Leases included in Paxton

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27586PAXTONMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Paxton property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX1,824 BBLs356 MCFNov 2024
Brewer-Bridges UnitBurleson County, TX947 BBLs2,379 MCFNov 2024
Colley-Treybig UnitBurleson County, TX671 BBLs1,020 MCFNov 2024
Colt UnitBurleson County, TX38 BBLs248 MCFNov 2024
DavidBurleson County, TX1,113 BBLs3,599 MCFNov 2024
Dirty HarryBurleson County, TX11,723 BBLs10,902 MCFNov 2024
FussellMilam County, TX64 BBLs0 MCFNov 2024
Joe KiddBurleson County, TX1,195 BBLs1,744 MCFNov 2024
Josey WalesMilam County, TX4,801 BBLs9,135 MCFNov 2024
LightfootMilam County, TX3,683 BBLs2,245 MCFNov 2024
LitoBurleson County, TX1,997 BBLs5,202 MCFNov 2024
Magnum ForceBurleson County, TX6,763 BBLs4,189 MCFNov 2024
McCraryMilam County, TX219 BBLs225 MCFNov 2024
MeghanMilam County, TX627 BBLs1,975 MCFNov 2024
Pistol UnitBurleson County, TX559 BBLs216 MCFNov 2024
Plains DrifterBurleson County, TX3,443 BBLs1,786 MCFNov 2024
Remington UnitBurleson County, TX192 BBLs248 MCFNov 2024
RungeMilam County, TX410 BBLs248 MCFNov 2024
Savage UnitBurleson County, TX337 BBLs248 MCFNov 2024
ThunderboltMilam County, TX3,900 BBLs5,946 MCFNov 2024

Owners of Paxton

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCPAXTONMAGNOLIA OIL &
2024BALLARD SHIRLEY S INTERESTSPAXTONMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCPAXTONMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATINGPAXTON W# 1HAMAGNOLIA OIL & GAS O
2024HERWOL PROPERTIES LTDPAXTONMAGNOLIA OIL &
2024SMITH SHEARNPAXTONMAGNOLIA OIL &
2024BRECK, WENDY IGLEHART MCCRARYPAXTONMAGNOLIA OIL &
2024DAY WILLIAM COLLIERPAXTONMAGNOLIA OIL &
Displaying 8 of 204 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Paxton

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27586PAXTONOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONDec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONNov 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-27586PAXTONNov 2023ETC TEXAS PIPELINE, LTD.LRR PECOS VALLEY, LLC
03-27586PAXTONOct 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-27586PAXTONOct 2023ETC TEXAS PIPELINE, LTD.LRR PECOS VALLEY, LLC
03-27586PAXTONSep 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.