Paxton

Oil & Gas Property in Milam County, TX

  2. Texas
  3. Milam County, TX
  4. Oil & Gas Properties in Milam County, TX
  5. Paxton Oil & Gas Property

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Property Summary

Key data points for Paxton

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 2019 - Sep 2024
Total Oil Production173,170 BBLs
Total Gas Production204,660 MCF
Recent Oil Production855 BBLs in Aug 2024
Recent Gas Production1,964 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Paxton

ShaleAssessment™

Not Available

MarketMultiple™

$110,005 **

* 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 Sep 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, TX2,368 BBLs428 MCFSep 2024
Brewer-Bridges UnitBurleson County, TX1,188 BBLs2,105 MCFSep 2024
Colley-Treybig UnitBurleson County, TX627 BBLs1,002 MCFSep 2024
Colt UnitBurleson County, TX73 BBLs207 MCFSep 2024
Dirty HarryBurleson County, TX13,876 BBLs9,225 MCFSep 2024
FussellMilam County, TX56 BBLs0 MCFSep 2024
Joe KiddBurleson County, TX1,796 BBLs2,661 MCFSep 2024
Josey WalesMilam County, TX6,275 BBLs10,757 MCFSep 2024
LightfootMilam County, TX4,084 BBLs2,959 MCFSep 2024
Magnum ForceBurleson County, TX6,827 BBLs3,739 MCFSep 2024
McCraryMilam County, TX168 BBLs168 MCFSep 2024
MeghanMilam County, TX1,132 BBLs2,096 MCFSep 2024
NatalieMilam County, TX488 BBLs268 MCFSep 2024
Pistol UnitBurleson County, TX478 BBLs198 MCFSep 2024
Plains DrifterBurleson County, TX2,944 BBLs3,269 MCFSep 2024
Remington UnitBurleson County, TX184 BBLs248 MCFSep 2024
RungeMilam County, TX462 BBLs221 MCFSep 2024
Savage UnitBurleson County, TX581 BBLs248 MCFSep 2024
ThunderboltMilam County, TX4,163 BBLs7,729 MCFSep 2024
Weatherford UnitMilam County, TX299 BBLs248 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Paxton property.

Company Name
Allied Operating Texas, LLC
Anadarko E&P Company LP
B & B Drilling Co.
Bet-Ro, Inc.
Buffco Production, Inc.
Goldmark Energy Corporation
Heartland Resources, Inc.
LRR Pecos Valley, LLC
Magnolia Oil & Gas Operating LLC
Micro Operating, Inc.
Pemberton, W. C. Oil Co., Inc.
Plantation Operating Co., Inc.
San Dia Producing Company
Sheldon Resources, L.P.
Shoreham Oil & Gas Company, Inc.
Tesuque Oil & Gas LLC
Union Pacific Resources Co.
Viceroy Petroleum, LP
Wildfire Energy Operating LLC
Williams, Clayton Energy, Inc.

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
03-27586PAXTONAug 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA 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.
03-27586PAXTONSep 2023ETC TEXAS PIPELINE, LTD.LRR PECOS VALLEY, LLC
03-27586PAXTONAug 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-27586PAXTONAug 2023ETC TEXAS PIPELINE, LTD.LRR PECOS VALLEY, LLC
03-27586PAXTONJul 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.