Colt Unit

Oil & Gas Property in Burleson County, TX

  2. Texas
  3. Burleson County, TX
  4. Oil & Gas Properties in Burleson County, TX
  5. Colt Unit Oil & Gas Property

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Property Summary

Key data points for Colt Unit

CountiesBurleson County, TX
Milam County, TX
Production DatesMay 1998 - Jun 2026
Total Oil Production451,320 BBLs
Total Gas Production395,133 MCF
Recent Oil Production151 BBLs in May 2026
Recent Gas Production272 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Colt Unit

ShaleAssessment™

$8,903 *

MarketMultiple™

$21,534 **

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

Based on a decimal interest

Colt Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Colt Unit
from May 1998 to Jun 2026

Wells on Colt Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-051-33572COLT UNIT NO. 1 1MAGNOLIA OIL & GAS OPERATING LLCProducingBurleson County, TX30.697835-96.677751
42-331-33532COLT UNIT NO. 1 2MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.710051-96.678763

Leases included in Colt Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-23516COLT UNITRME PETROLEUM COMPANYBurleson County, TX
03-24197COLT UNIT NO. 1MAGNOLIA OIL & GAS OPERATING LLCBurleson County, TX
03-24264COLT UNITANADARKO E&P COMPANY LPMilam County, TX
03-24544COLT UNITLRR PECOS VALLEY, LLCMilam County, TX

Operators Associated With Colt Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX2,045 BBLs2,268 MCFJun 2026
Bi - CountyBurleson County, TX477 BBLs496 MCFJun 2026
Brewer-Bridges UnitBurleson County, TX743 BBLs2,151 MCFJun 2026
Bronco BillyBurleson County, TX2,110 BBLs811 MCFJun 2026
Colley-Treybig UnitBurleson County, TX546 BBLs956 MCFJun 2026
DavidBurleson County, TX660 BBLs3,484 MCFJun 2026
Dirty HarryBurleson County, TX3,564 BBLs7,692 MCFJun 2026
Joe KiddBurleson County, TX531 BBLs999 MCFJun 2026
Josey WalesMilam County, TX1,396 BBLs4,121 MCFJun 2026
LightfootMilam County, TX1,996 BBLs1,394 MCFJun 2026
LitoBurleson County, TX1,087 BBLs3,925 MCFJun 2026
Magnum ForceBurleson County, TX2,003 BBLs4,686 MCFJun 2026
MeghanMilam County, TX783 BBLs2,557 MCFJun 2026
NatalieMilam County, TX607 BBLs946 MCFJun 2026
OzzieBurleson County, TX1,709 BBLs3,171 MCFJun 2026
PaxtonMilam County, TX740 BBLs1,604 MCFJun 2026
Plains DrifterBurleson County, TX1,292 BBLs717 MCFJun 2026
ThunderboltMilam County, TX1,386 BBLs3,723 MCFJun 2026
Weatherford UnitMilam County, TX294 BBLs244 MCFJun 2026
Webb Branch UnitBurleson County, TX357 BBLs500 MCFJun 2026

Companies in the Area

These are the closest 9 companies operating near the Colt Unit property.

Company Name
Anadarko E&P Company LP
Anadarko E&P Onshore LLC
Buffco Production, Inc.
LRR Pecos Valley, LLC
Magnolia Oil & Gas Operating LLC
Union Pacific Resources Co.
Wildfire Energy Operating LLC
Wildhorse Resources MNGT Co, LLC
Williams, Clayton Energy, Inc.

Frac'ing activity on Colt Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-33532Colt #2

Owners of Colt Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MAGNOLIA OIL & GAS OPERATINGCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2026SULLENS DENNIS A & BRANDONCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2026MAGNOLIA OIL & GAS OPERATINGCOLT UNIT NO. 1 W#1-2MAGNOLIA OIL & GAS O
2026THOMAS KENDALL S JRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2026SANBORN LAURELCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2026QUALITY MINERAL PARTNERS LLCCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2026KASTLER LESA KAY AGNEW EX TRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2026AGNEW LAURA JANE EXEMPT TRUSTCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
Displaying 8 of 226 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Colt Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24197COLT UNIT NO. 1May 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Dec 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Dec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Nov 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Nov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Oct 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Sep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Aug 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Aug 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jul 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jul 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jun 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC