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 - Aug 2024
Total Oil Production195,366 BBLs
Total Gas Production1,749,006 MCF
Recent Oil Production974 BBLs in Jul 2024
Recent Gas Production5,250 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Milam 1

ShaleAssessment

$24,727 *

MarketMultiple

$205,615 **

* 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 Aug 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, TX3,920 BBLs33,878 MCFAug 2024
Angeles Crescent H 04oaWashington County, TX13,980 BBLs94,809 MCFAug 2024
Angeles Ozette H 02oaWashington County, TX14,739 BBLs91,067 MCFAug 2024
Dietz Ol UnitWashington County, TX3,061 BBLs48,339 MCFAug 2024
Gloyna-Pruegner Co-Op 1Washington County, TX353 BBLs4,912 MCFAug 2024
Gupton-Schoenberg Unit 1Washington County, TX349 BBLs5,442 MCFAug 2024
KlondikeWashington County, TX18,400 BBLs142,803 MCFAug 2024
MeansWashington County, TX281 BBLs0 MCFAug 2024
Milam Hall UnitWashington County, TX5,203 BBLs48,874 MCFAug 2024
Mist H06PRWashington County, TX4,683 BBLs64,200 MCFAug 2024
Neva UnitWashington County, TX1,438 BBLs44,008 MCFAug 2024
Palo Duro 1HWashington County, TX2,727 BBLs36,162 MCFAug 2024
PruegnerWashington County, TX3,055 BBLs53,634 MCFAug 2024
RoemerWashington County, TX73 BBLs851 MCFAug 2024
SaratogaWashington County, TX12,350 BBLs159,032 MCFAug 2024
Sierra H08PRWashington County, TX2,396 BBLs40,844 MCFAug 2024
SprankleWashington County, TX287 BBLs651 MCFAug 2024
Tahoe Mountain H03PRWashington County, TX8,212 BBLs64,352 MCFAug 2024
Tahoe Pines H01PRWashington County, TX9,636 BBLs63,562 MCFAug 2024
ValentineWashington County, TX6,706 BBLs114,444 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