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 - Jan 2026
Total Oil Production450,605 BBLs
Total Gas Production393,495 MCF
Recent Oil Production190 BBLs in Dec 2025
Recent Gas Production496 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Colt Unit

ShaleAssessment

$9,458 *

MarketMultiple

$22,491 **

* 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 Jan 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

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX2,245 BBLs1,824 MCFJan 2026
Bi - CountyBurleson County, TX352 BBLs441 MCFJan 2026
Brewer-Bridges UnitBurleson County, TX606 BBLs2,105 MCFJan 2026
Bronco BillyBurleson County, TX2,766 BBLs1,439 MCFJan 2026
Colley-Treybig UnitBurleson County, TX551 BBLs1,137 MCFJan 2026
DavidBurleson County, TX785 BBLs3,443 MCFJan 2026
Dirty HarryBurleson County, TX5,685 BBLs11,959 MCFJan 2026
Joe KiddBurleson County, TX599 BBLs1,105 MCFJan 2026
Josey WalesMilam County, TX2,048 BBLs5,083 MCFJan 2026
LightfootMilam County, TX2,294 BBLs1,652 MCFJan 2026
LitoBurleson County, TX1,321 BBLs5,393 MCFJan 2026
Magnum ForceBurleson County, TX2,949 BBLs5,808 MCFJan 2026
MeghanMilam County, TX594 BBLs2,262 MCFJan 2026
NatalieMilam County, TX526 BBLs748 MCFJan 2026
OzzieBurleson County, TX1,466 BBLs2,482 MCFJan 2026
PaxtonMilam County, TX695 BBLs2,622 MCFJan 2026
Pistol UnitBurleson County, TX294 BBLs484 MCFJan 2026
Plains DrifterBurleson County, TX1,762 BBLs1,885 MCFJan 2026
ThunderboltMilam County, TX2,058 BBLs4,126 MCFJan 2026
Webb Branch UnitBurleson County, TX383 BBLs195 MCFJan 2026

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 JRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025THOMAS KENDALL S SRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025AGNEW LAURA JANE EXEMPT TRUSTCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025KASTLER LESA KAY AGNEW EX TRCOLT UNIT NO. 1 W#1MAGNOLIA OIL & GAS O
2025QUALITY MINERAL PARTNERS LLCCOLT 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. 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
03-24197COLT UNIT NO. 1Apr 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
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