Philip

Oil & Gas Property in Burleson County, TX

Property Summary

Key data points for Philip

CountyBurleson County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJul 2020 - Mar 2026
Total Oil Production149,435 BBLs
Total Gas Production105,654 MCF
Recent Oil Production852 BBLs in Feb 2026
Recent Gas Production532 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$104,964 **

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

Based on a decimal interest

Philip Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Philip
from Jul 2020 to Mar 2026

Wells on Philip

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-051-34303PHILIP 1HEMAGNOLIA OIL & GAS OPERATING LLCProducingBurleson County, TX30.718508-96.621655

Leases included in Philip

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27856PHILIPMAGNOLIA OIL & GAS OPERATING LLCBurleson County, TX

Nearby Properties

These are the closest 20 properties to the Philip property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
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
Browning UnitBurleson County, TX1,196 BBLs5,007 MCFMar 2026
D. N. Jones 130Burleson County, TX2,978 BBLs1,128 MCFFeb 2026
Dan Alford 119Burleson County, TX4,943 BBLs1,333 MCFFeb 2026
DavidBurleson County, TX769 BBLs3,416 MCFMar 2026
Dirty HarryBurleson County, TX4,270 BBLs9,737 MCFMar 2026
Flowers ReistinoRobertson County, TX5,160 BBLs5,025 MCFFeb 2026
GroverBurleson County, TX1,130 BBLs888 MCFMar 2026
John BruceBurleson County, TX1,090 BBLs4,925 MCFMar 2026
LequettaBurleson County, TX741 BBLs814 MCFMar 2026
LitoBurleson County, TX430 BBLs2,697 MCFMar 2026
MarshBurleson County, TX3,403 BBLs1,551 MCFFeb 2026
OzzieBurleson County, TX1,142 BBLs2,229 MCFMar 2026
Remi RoseBurleson County, TX793 BBLs431 MCFMar 2026
S. P. Scamardo-Seilevco L UnitRobertson County, TX1,895 BBLs4,131 MCFFeb 2026
SophieBurleson County, TX944 BBLs3,332 MCFMar 2026
Space CowboysBurleson County, TX1,258 BBLs3,235 MCFMar 2026
Webb Branch UnitBurleson County, TX361 BBLs336 MCFMar 2026

Frac'ing activity on Philip

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-051-34303Philip 1HE

Owners of Philip

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGPHILIP W#1HEMAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGPHILIP W#1HEMAGNOLIA OIL & GAS O
2025LIME ROCK RESOURCES V-A LPPHILIP W#1HEMAGNOLIA OIL & GAS O
2025LIME ROCK RESOURCES V-A LPPHILIP W#1HEMAGNOLIA OIL & GAS O
2025NOBLE ENERGY INCPHILIP W#1HEMAGNOLIA OIL & GAS O
2025FISHER THOMAS PATRICKPHILIP W#1HEMAGNOLIA OIL & GAS O
2025MCDONALD ADRIAN G JRPHILIP W#1HEMAGNOLIA OIL & GAS O
2025MCCORKLE FAMILY HOLDINGS LTDPHILIP W#1HEMAGNOLIA OIL & GAS O
Displaying 8 of 796 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Philip

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27856PHILIPFeb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJan 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPDec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPDec 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPNov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPNov 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPOct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPOct 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJul 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJul 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJun 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJun 2025MAGNOLIA OIL & GAS OPERATING LLC