Weigelt Oil Unit

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Weigelt Oil Unit

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesFeb 1993 - Oct 2024
Total Oil Production1,209,556 BBLs
Total Gas Production4,927,627 MCF
Recent Oil Production573 BBLs in Sep 2024
Recent Gas Production4,598 MCF in Sep 2024
Wells on Property3

Our Valuation Estimates for Weigelt Oil Unit

ShaleAssessment

$12,335 *

MarketMultiple

$416,172 **

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

Based on a decimal interest

Weigelt Oil Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Weigelt Oil Unit
from Feb 1993 to Oct 2024

Wells on Weigelt Oil Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30703WEIGELT OIL UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.237319-96.715003
42-477-30965WEIGELT OIL UNIT 2HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.238448-96.717758
42-477-31057WEIGELT OIL UNIT 3HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.228323-96.708014

Leases included in Weigelt Oil Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-21985WEIGELT OIL UNITMAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Weigelt Oil Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Acadia 1HWashington County, TX2,571 BBLs26,376 MCFOct 2024
AnimalLee County, TX8,152 BBLs16,604 MCFSep 2024
Dietz Ol UnitWashington County, TX2,136 BBLs42,897 MCFOct 2024
Dietz, JWashington County, TX1,124 BBLs15,700 MCFOct 2024
Dietz-Goeth UnitWashington County, TX0 BBLs0 MCFOct 2024
Donna W. UnitLee County, TX40 BBLs523 MCFOct 2024
Gerdes-BredthauerLee County, TX0 BBLs0 MCFAug 2024
Goodrich LeviWashington County, TX3,288 BBLs20,469 MCFOct 2024
Grand Canyon AWashington County, TX2,297 BBLs13,541 MCFOct 2024
HeemerWashington County, TX327 BBLs1,626 MCFOct 2024
Lentz UnitWashington County, TX826 BBLs10,026 MCFOct 2024
Levi Goodrich Unit 2 2HWashington County, TX2,589 BBLs23,145 MCFOct 2024
MeansWashington County, TX499 BBLs1,283 MCFOct 2024
Neva UnitWashington County, TX1,328 BBLs41,328 MCFOct 2024
Palo Duro 1HWashington County, TX2,078 BBLs28,092 MCFOct 2024
Preserve Castle H02DPWashington County, TX9,579 BBLs134,155 MCFSep 2024
Preserve Hills H04DPWashington County, TX11,408 BBLs146,540 MCFSep 2024
Stuermer-PlueckhahnLee County, TX0 BBLs0 MCFJul 2023
ValentineWashington County, TX7,166 BBLs110,705 MCFSep 2024
Weeks-Lehmann UnitLee County, TX693 BBLs1,667 MCFOct 2024

Owners of Weigelt Oil Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024WEIGELT BONNIEWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024WEIGELT NEILWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024WEIGELT TIMOTHYWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024SCHOENEMANN KEITHWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024GILLUM WANDAWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024SCHOENEMANN BRIAN CWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
2024WEIGELT LYDIAWEIGELT OL UNITMAGNOLIA OIL & GAS OPE
Displaying 8 of 67 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Weigelt Oil Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-21985WEIGELT OIL UNITSep 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITAug 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJul 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJul 2024WILDFIRE ENERGY OPERATING LLC
03-21985WEIGELT OIL UNITJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJun 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITJun 2024ETC TEXAS PIPELINE, LTD.APACHE CORPORATION
03-21985WEIGELT OIL UNITMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITMay 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITMay 2024ETC TEXAS PIPELINE, LTD.APACHE CORPORATION
03-21985WEIGELT OIL UNITApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITApr 2024ETC TEXAS PIPELINE, LTD.APACHE CORPORATION
03-21985WEIGELT OIL UNITMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITMar 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-21985WEIGELT OIL UNITMar 2024ETC TEXAS PIPELINE, LTD.APACHE CORPORATION