Runge

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Runge

CountyMilam County, TX
Production DatesAug 2003 - Oct 2024
Total Oil Production249,936 BBLs
Total Gas Production231,698 MCF
Recent Oil Production429 BBLs in Sep 2024
Recent Gas Production240 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Runge

ShaleAssessment

$26,510 *

MarketMultiple

$65,870 **

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

Based on a decimal interest

Runge Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Runge
from Aug 2003 to Oct 2024

Wells on Runge

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-33558RUNGE 1MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.728087-96.718888

Leases included in Runge

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-24443RUNGEANADARKO E&P COMPANY LPMilam County, TX
03-24466RUNGEMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Runge property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX2,086 BBLs430 MCFOct 2024
Brewer-Bridges UnitBurleson County, TX1,159 BBLs2,430 MCFOct 2024
Colt UnitBurleson County, TX2 BBLs216 MCFOct 2024
CunninghamMilam County, TX0 BBLs0 MCFJul 2022
HaleyMilam County, TX898 BBLs2,785 MCFOct 2024
JamieMilam County, TX797 BBLs1,863 MCFOct 2024
Joe KiddBurleson County, TX1,355 BBLs1,729 MCFOct 2024
Josey WalesMilam County, TX5,111 BBLs9,646 MCFOct 2024
KristinMilam County, TX495 BBLs494 MCFOct 2024
LightfootMilam County, TX3,716 BBLs2,783 MCFOct 2024
Magnum ForceBurleson County, TX3,041 BBLs1,908 MCFOct 2024
McCraryMilam County, TX184 BBLs179 MCFOct 2024
MeghanMilam County, TX1,077 BBLs3,175 MCFOct 2024
NatalieMilam County, TX314 BBLs78 MCFOct 2024
PaxtonMilam County, TX881 BBLs3,157 MCFOct 2024
Payne Phegley UnitBurleson County, TX384 BBLs206 MCFOct 2024
Pistol UnitBurleson County, TX595 BBLs220 MCFOct 2024
TannerMilam County, TX1,024 BBLs5,021 MCFOct 2024
ThunderboltMilam County, TX3,878 BBLs5,967 MCFOct 2024
Weatherford UnitMilam County, TX296 BBLs240 MCFOct 2024

Owners of Runge

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCRUNGEMAGNOLIA OIL &
2024ENCHANTED ROYALTY LLCRUNGEMAGNOLIA OIL &
2024WHITE ELLEN KAY HARRISONRUNGEMAGNOLIA OIL &
2024HARRISON STEVEN LANE SR ESTATERUNGEMAGNOLIA OIL &
2024RIDGEFIELD EAGLE FORD MINERALS LLCRUNGEMAGNOLIA OIL &
2024BLACK STONE MINERALS CO LPRUNGEMAGNOLIA OIL &
2024KAZOKU INTERESTS LLCRUNGEMAGNOLIA OIL &
2024STARHUT G3 LLCRUNGEMAGNOLIA OIL &
Displaying 8 of 60 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Runge

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24466RUNGEOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGESep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGESep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEDec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEDec 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGENov 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24466RUNGEOct 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24466RUNGESep 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.