Colt Unit

Oil & Gas Property in Burleson County, TX

Property Summary

Key data points for Colt Unit

CountiesBurleson County, TX
Milam County, TX
Production DatesMay 1998 - Oct 2025
Total Oil Production450,057 BBLs
Total Gas Production392,055 MCF
Recent Oil Production161 BBLs in Sep 2025
Recent Gas Production480 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Colt Unit

ShaleAssessment

$9,839 *

MarketMultiple

$27,384 **

* 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 Oct 2025

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

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX1,952 BBLs717 MCFOct 2025
Bi - CountyBurleson County, TX562 BBLs480 MCFOct 2025
Brewer-Bridges UnitBurleson County, TX549 BBLs2,377 MCFOct 2025
Bronco BillyBurleson County, TX2,766 BBLs1,559 MCFOct 2025
Colley-Treybig UnitBurleson County, TX479 BBLs641 MCFOct 2025
DavidBurleson County, TX886 BBLs3,836 MCFOct 2025
Dirty HarryBurleson County, TX5,190 BBLs7,702 MCFOct 2025
Joe KiddBurleson County, TX621 BBLs1,063 MCFOct 2025
Josey WalesMilam County, TX2,014 BBLs4,354 MCFOct 2025
LightfootMilam County, TX2,773 BBLs1,362 MCFOct 2025
LitoBurleson County, TX1,405 BBLs5,026 MCFOct 2025
Magnum ForceBurleson County, TX2,746 BBLs5,640 MCFOct 2025
MeghanMilam County, TX915 BBLs2,902 MCFOct 2025
NatalieMilam County, TX525 BBLs547 MCFOct 2025
OzzieBurleson County, TX1,742 BBLs2,729 MCFOct 2025
PaxtonMilam County, TX735 BBLs3,023 MCFOct 2025
Pistol UnitBurleson County, TX308 BBLs352 MCFOct 2025
Plains DrifterBurleson County, TX1,767 BBLs1,284 MCFOct 2025
ThunderboltMilam County, TX2,156 BBLs4,225 MCFOct 2025
Webb Branch UnitBurleson County, TX884 BBLs442 MCFOct 2025

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
2025MAGNOLIA OIL & GAS OPERATINGCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGCOLT UNIT NO. 1 W#1-2MAGNOLIA OIL & GAS O
2025SULLENS DENNIS A & BRANDONCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025THOMAS KENDALL S SRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025THOMAS KENDALL S JRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025QUALITY MINERAL PARTNERS LLCCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025KASTLER LESA KAY AGNEW EX TRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025AGNEW LAURA JANE EXEMPT TRUSTCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
Displaying 8 of 251 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. 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Dec 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Dec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Nov 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Feb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24197COLT UNIT NO. 1Jan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC