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 - Jan 2025
Total Oil Production175,967 BBLs
Total Gas Production214,983 MCF
Recent Oil Production963 BBLs in Dec 2024
Recent Gas Production3,692 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Paxton

ShaleAssessment

Not Available

MarketMultiple

$98,731 **

* 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 Jan 2025

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, TX2,885 BBLs1,669 MCFJan 2025
Brewer-Bridges UnitBurleson County, TX1,135 BBLs2,328 MCFJan 2025
Colley-Treybig UnitBurleson County, TX682 BBLs1,043 MCFJan 2025
Colt UnitBurleson County, TX537 BBLs492 MCFJan 2025
Dirty HarryBurleson County, TX8,178 BBLs8,621 MCFJan 2025
FussellMilam County, TX86 BBLs0 MCFJan 2025
Joe KiddBurleson County, TX866 BBLs1,347 MCFJan 2025
Josey WalesMilam County, TX4,067 BBLs7,854 MCFJan 2025
LightfootMilam County, TX3,453 BBLs1,824 MCFJan 2025
LitoBurleson County, TX1,816 BBLs4,635 MCFJan 2025
Magnum ForceBurleson County, TX4,689 BBLs4,442 MCFJan 2025
McCraryMilam County, TX215 BBLs233 MCFJan 2025
MeghanMilam County, TX737 BBLs1,750 MCFJan 2025
NatalieMilam County, TX795 BBLs959 MCFJan 2025
Pistol UnitBurleson County, TX512 BBLs229 MCFJan 2025
Plains DrifterBurleson County, TX2,504 BBLs1,686 MCFJan 2025
Remington UnitBurleson County, TX185 BBLs248 MCFJan 2025
RungeMilam County, TX406 BBLs248 MCFJan 2025
Summers UnitBurleson County, TX349 BBLs243 MCFJan 2025
ThunderboltMilam County, TX3,305 BBLs5,344 MCFJan 2025

Frac'ing activity on Paxton

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-35057Paxton 1H

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.