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 - Mar 2026
Total Oil Production450,861 BBLs
Total Gas Production394,168 MCF
Recent Oil Production116 BBLs in Feb 2026
Recent Gas Production380 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Colt Unit

ShaleAssessment

$9,237 *

MarketMultiple

$20,589 **

* 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 Mar 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, TX2,036 BBLs1,649 MCFMar 2026
Bi - CountyBurleson County, TX504 BBLs448 MCFMar 2026
Brewer-Bridges UnitBurleson County, TX689 BBLs2,063 MCFMar 2026
Bronco BillyBurleson County, TX2,382 BBLs1,222 MCFMar 2026
Colley-Treybig UnitBurleson County, TX498 BBLs626 MCFMar 2026
DavidBurleson County, TX769 BBLs3,416 MCFMar 2026
Dirty HarryBurleson County, TX4,270 BBLs9,737 MCFMar 2026
Joe KiddBurleson County, TX565 BBLs1,228 MCFMar 2026
Josey WalesMilam County, TX1,762 BBLs4,670 MCFMar 2026
LightfootMilam County, TX1,682 BBLs1,134 MCFMar 2026
LitoBurleson County, TX430 BBLs2,697 MCFMar 2026
Magnum ForceBurleson County, TX2,231 BBLs6,056 MCFMar 2026
MeghanMilam County, TX741 BBLs2,597 MCFMar 2026
NatalieMilam County, TX458 BBLs391 MCFMar 2026
OzzieBurleson County, TX1,142 BBLs2,229 MCFMar 2026
PaxtonMilam County, TX648 BBLs2,980 MCFMar 2026
Plains DrifterBurleson County, TX1,396 BBLs1,274 MCFMar 2026
SophieBurleson County, TX944 BBLs3,332 MCFMar 2026
ThunderboltMilam County, TX1,857 BBLs3,635 MCFMar 2026
Webb Branch UnitBurleson County, TX361 BBLs336 MCFMar 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
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. 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