Milam 1

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Milam 1

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1999 - Oct 2024
Total Oil Production197,051 BBLs
Total Gas Production1,752,479 MCF
Recent Oil Production660 BBLs in Sep 2024
Recent Gas Production4,059 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Milam 1

ShaleAssessment

$24,154 *

MarketMultiple

$164,505 **

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

Based on a decimal interest

Milam 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Milam 1
from Mar 1999 to Oct 2024

Wells on Milam 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30724MILAM 1MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.197960-96.701120

Leases included in Milam 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-173603MILAM 1MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Milam 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Acadia 1HWashington County, TX2,571 BBLs26,376 MCFOct 2024
Dietz Ol UnitWashington County, TX2,136 BBLs42,897 MCFOct 2024
Gloyna Ol UnitWashington County, TX304 BBLs999 MCFOct 2024
Gloyna-Pruegner Co-Op 1Washington County, TX369 BBLs4,647 MCFOct 2024
Gupton-Schoenberg Unit 1Washington County, TX417 BBLs6,019 MCFOct 2024
KlondikeWashington County, TX16,576 BBLs125,723 MCFOct 2024
Marlene LiliWashington County, TX1,902 BBLs10,890 MCFOct 2024
MeansWashington County, TX499 BBLs1,283 MCFOct 2024
Milam Hall UnitWashington County, TX8,123 BBLs77,228 MCFSep 2024
Mist H06PRWashington County, TX4,160 BBLs58,165 MCFOct 2024
Neva UnitWashington County, TX1,328 BBLs41,328 MCFOct 2024
Palo Duro 1HWashington County, TX2,078 BBLs28,092 MCFOct 2024
PruegnerWashington County, TX2,700 BBLs48,373 MCFOct 2024
RoemerWashington County, TX37 BBLs789 MCFOct 2024
SaratogaWashington County, TX8,524 BBLs59,281 MCFOct 2024
Sierra H08PRWashington County, TX1,835 BBLs36,827 MCFOct 2024
SprankleWashington County, TX221 BBLs1,093 MCFOct 2024
Tahoe Mountain H03PRWashington County, TX7,153 BBLs58,254 MCFOct 2024
Tahoe Pines H01PRWashington County, TX8,570 BBLs58,630 MCFOct 2024
ValentineWashington County, TX7,166 BBLs110,705 MCFSep 2024

Owners of Milam 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCMILAM UNITMAGNOLIA OIL & GAS OPE
2024MILAM JOHN D & ALICE CMILAM UNITMAGNOLIA OIL & GAS OPE
2024GWYN CONNIE & KENNETH RMILAM UNITMAGNOLIA OIL & GAS OPE
2024ODONNELL DANIEL XMILAM UNITMAGNOLIA OIL & GAS OPE
2024SOLTAU THOMAS WMILAM UNITMAGNOLIA OIL & GAS OPE
2024MILAM JOHN D & ALICE CMILAM UNITMAGNOLIA OIL & GAS OPE
2024NANNEN PRODUCTION LLCMILAM UNITMAGNOLIA OIL & GAS OPE
2024ROEMER RICKY JOEMILAM UNITMAGNOLIA OIL & GAS OPE
Displaying 8 of 74 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Milam 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-173603MILAM 1Sep 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1May 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC