Neumann Unit

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Neumann Unit

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesAug 1996 - Dec 2024
Total Oil Production326 BBLs
Total Gas Production43,903,054 MCF
Recent Oil Production1 BBLs in Nov 2024
Recent Gas Production13,212 MCF in Nov 2024
Wells on Property2

Our Valuation Estimates for Neumann Unit

ShaleAssessment

$27,496 *

MarketMultiple

$33,003 **

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

Based on a decimal interest

Neumann Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Neumann Unit
from Aug 1996 to Dec 2024

Wells on Neumann Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30823NEUMANN UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.196326-96.415245
42-477-30843NEUMANN UNIT 2MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.208826-96.407466

Leases included in Neumann Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-159991NEUMANN UNIT 1MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-167550NEUMANN UNIT 2MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-167552NEUMANN UNIT 2MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Neumann Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bluebell UnitWashington County, TX0 BBLs2,004 MCFDec 2024
Bowie 1HWashington County, TX4 BBLs75,400 MCFDec 2024
BrooksWashington County, TX41 BBLs4,528 MCFDec 2024
BrownWashington County, TX1 BBLs7,014 MCFDec 2024
Cobb UnitWashington County, TX0 BBLs9,964 MCFDec 2024
Eberle UnitWashington County, TX1 BBLs9,584 MCFDec 2024
Emma Bell UnitWashington County, TX0 BBLs4,243 MCFDec 2024
Gay Hill Farms Unit 1HWashington County, TX1 BBLs12,274 MCFDec 2024
HermannWashington County, TX0 BBLs884 MCFDec 2024
Ikester 1HWashington County, TX3 BBLs55,056 MCFDec 2024
Jaster Unit 1Washington County, TX1 BBLs8,114 MCFDec 2024
Legacy Unit 1Washington County, TX0 BBLs13,532 MCFDec 2024
Maass 1HWashington County, TX3 BBLs34,341 MCFDec 2024
MikelWashington County, TX0 BBLs6,386 MCFDec 2024
Omalley 1Washington County, TX0 BBLs392 MCFDec 2024
SalemWashington County, TX0 BBLs0 MCFDec 2024
SchulteWashington County, TX0 BBLs1,506 MCFDec 2024
South Gay Hill Farms Unit 1HWashington County, TX1 BBLs24,777 MCFDec 2024
Wauls Legion 1HWashington County, TX1 BBLs32,513 MCFDec 2024
Winkelmann 1HWashington County, TX6 BBLs37,047 MCFDec 2024

Companies in the Area

These are the closest 6 companies operating near the Neumann Unit property.

Company Name
Apache Corporation
Geosouthern Operating II, LLC
Ineos USA Oil & Gas LLC
Magnolia Oil & Gas Operating LLC
Union Pacific Resources Co.
Watt Energy, LLC

Owners of Neumann Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024MAGNOLIA OIL&GAS OPERATING LLCNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024WESTERFELD WESLEY & CAROL ANEUMANN UNITMAGNOLIA OIL & GAS OPE
2024BENNETT JOEL DNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024NIEDERAURER LISANEUMANN UNITMAGNOLIA OIL & GAS OPE
2024WATERMARK ROYALTY LPNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024MERCER THOMAS F & HOLDER PAM RNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024NEUMANN LARRYNEUMANN -2-MAGNOLIA OIL & GAS OPE
Displaying 8 of 234 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Neumann Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-167550NEUMANN UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Jul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jun 2023MAGNOLIA OIL & GAS OPERATING LLC