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 - Apr 2026
Total Oil Production451,031 BBLs
Total Gas Production394,613 MCF
Recent Oil Production140 BBLs in Mar 2026
Recent Gas Production293 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Colt Unit

ShaleAssessment

$9,126 *

MarketMultiple

$19,589 **

* 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 Apr 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, TX1,960 BBLs1,790 MCFApr 2026
Bi - CountyBurleson County, TX429 BBLs496 MCFApr 2026
Brewer-Bridges UnitBurleson County, TX904 BBLs2,027 MCFApr 2026
Bronco BillyBurleson County, TX2,523 BBLs1,333 MCFApr 2026
Colley-Treybig UnitBurleson County, TX538 BBLs693 MCFApr 2026
DavidBurleson County, TX727 BBLs3,635 MCFApr 2026
Dirty HarryBurleson County, TX4,202 BBLs9,632 MCFApr 2026
Joe KiddBurleson County, TX583 BBLs1,255 MCFApr 2026
Josey WalesMilam County, TX1,681 BBLs5,969 MCFApr 2026
LightfootMilam County, TX2,024 BBLs1,315 MCFApr 2026
LitoBurleson County, TX1,222 BBLs4,470 MCFApr 2026
Magnum ForceBurleson County, TX1,962 BBLs5,798 MCFApr 2026
MeghanMilam County, TX777 BBLs2,345 MCFApr 2026
Otter UnitMilam County, TX499 BBLs248 MCFApr 2026
OzzieBurleson County, TX1,633 BBLs3,179 MCFApr 2026
PaxtonMilam County, TX651 BBLs2,665 MCFApr 2026
Plains DrifterBurleson County, TX1,483 BBLs1,148 MCFApr 2026
SophieBurleson County, TX951 BBLs3,785 MCFApr 2026
ThunderboltMilam County, TX974 BBLs2,796 MCFApr 2026
Webb Branch UnitBurleson County, TX362 BBLs439 MCFApr 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. 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
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