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 - Sep 2024
Total Oil Production196,026 BBLs
Total Gas Production1,753,163 MCF
Recent Oil Production1,291 BBLs in Aug 2024
Recent Gas Production5,976 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Milam 1

ShaleAssessment

$24,441 *

MarketMultiple

$174,377 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Milam 1
from Mar 1999 to Sep 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, TX3,869 BBLs31,589 MCFSep 2024
Angeles Crescent H 04oaWashington County, TX12,365 BBLs86,585 MCFSep 2024
Angeles Ozette H 02oaWashington County, TX13,386 BBLs82,958 MCFSep 2024
Dietz Ol UnitWashington County, TX2,773 BBLs54,981 MCFSep 2024
Gloyna-Pruegner Co-Op 1Washington County, TX323 BBLs4,746 MCFSep 2024
Gupton-Schoenberg Unit 1Washington County, TX398 BBLs12,581 MCFSep 2024
KlondikeWashington County, TX17,359 BBLs134,485 MCFSep 2024
MeansWashington County, TX147 BBLs0 MCFSep 2024
Milam Hall UnitWashington County, TX6,060 BBLs56,402 MCFAug 2024
Mist H06PRWashington County, TX4,403 BBLs60,822 MCFSep 2024
Neva UnitWashington County, TX1,395 BBLs43,475 MCFSep 2024
Palo Duro 1HWashington County, TX3,161 BBLs33,559 MCFSep 2024
PruegnerWashington County, TX2,799 BBLs49,798 MCFSep 2024
RoemerWashington County, TX79 BBLs496 MCFSep 2024
SaratogaWashington County, TX11,859 BBLs152,451 MCFSep 2024
Sierra H08PRWashington County, TX2,003 BBLs37,963 MCFSep 2024
SprankleWashington County, TX235 BBLs1,663 MCFSep 2024
Tahoe Mountain H03PRWashington County, TX7,551 BBLs60,236 MCFSep 2024
Tahoe Pines H01PRWashington County, TX9,101 BBLs57,465 MCFSep 2024
ValentineWashington County, TX7,953 BBLs125,458 MCFAug 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 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
03-173603MILAM 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Dec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Dec 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Nov 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC