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 - Jan 2025
Total Oil Production327 BBLs
Total Gas Production43,916,941 MCF
Recent Oil Production1 BBLs in Dec 2024
Recent Gas Production14,213 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Neumann Unit

ShaleAssessment

$27,167 *

MarketMultiple

$37,355 **

* 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 Jan 2025

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 BBLs2,252 MCFJan 2025
Bowie 1HWashington County, TX3 BBLs78,823 MCFJan 2025
BrooksWashington County, TX60 BBLs4,529 MCFJan 2025
BrownWashington County, TX0 BBLs2,909 MCFJan 2025
Cobb UnitWashington County, TX2 BBLs7,968 MCFJan 2025
Eberle UnitWashington County, TX1 BBLs11,982 MCFJan 2025
Emma Bell UnitWashington County, TX0 BBLs12,807 MCFJan 2025
Gay Hill Farms Unit 1HWashington County, TX2 BBLs39,200 MCFJan 2025
HermannWashington County, TX0 BBLs1,279 MCFJan 2025
Ikester 1HWashington County, TX2 BBLs54,651 MCFJan 2025
Jaster Unit 1Washington County, TX1 BBLs7,706 MCFJan 2025
Legacy Unit 1Washington County, TX0 BBLs14,274 MCFJan 2025
Maass 1HWashington County, TX3 BBLs34,809 MCFJan 2025
MikelWashington County, TX0 BBLs6,647 MCFJan 2025
Omalley 1Washington County, TX0 BBLs464 MCFJan 2025
SalemWashington County, TX0 BBLs520 MCFJan 2025
SchulteWashington County, TX0 BBLs1,569 MCFJan 2025
South Gay Hill Farms Unit 1HWashington County, TX0 BBLs32,786 MCFJan 2025
Wauls Legion 1HWashington County, TX1 BBLs31,432 MCFJan 2025
Winkelmann 1HWashington County, TX3 BBLs37,187 MCFJan 2025

Companies in the Area

These are the closest 7 companies operating near the Neumann Unit property.

Company Name
All Around Distribution, Inc.
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
2024NEUMANN EMMA BELL LAMPENEUMANN -2-MAGNOLIA OIL & GAS OPE
2024MARTIN SUSAN JNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024BOYLE DORLLYNE MARTINNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024BELL WILLIAM SNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024NIEDERAUER TOMNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024KUGEL FREDERICK CHRISTIAN IIINEUMANN -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