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 - Jul 2025
Total Oil Production142,596 BBLs
Total Gas Production98,800 MCF
Recent Oil Production1,462 BBLs in Jun 2025
Recent Gas Production945 MCF in Jun 2025
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$124,570 **

* 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 Jul 2025

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
Alford-Seilevco H UnitBurleson County, TX362 BBLs328 MCFJun 2025
Bi - CountyBurleson County, TX542 BBLs480 MCFJul 2025
Brewer-Bridges UnitBurleson County, TX712 BBLs2,256 MCFJul 2025
Bronco BillyBurleson County, TX3,014 BBLs1,793 MCFJul 2025
Browning UnitBurleson County, TX1,338 BBLs5,548 MCFJul 2025
D. N. Jones 130Burleson County, TX6,534 BBLs1,997 MCFJun 2025
DavidBurleson County, TX982 BBLs3,890 MCFJul 2025
Dirty HarryBurleson County, TX6,048 BBLs8,094 MCFJul 2025
Flowers ReistinoRobertson County, TX7,658 BBLs6,349 MCFJun 2025
GroverBurleson County, TX1,371 BBLs1,284 MCFJul 2025
John BruceBurleson County, TX1,468 BBLs6,326 MCFJul 2025
LequettaBurleson County, TX978 BBLs1,001 MCFJul 2025
LitoBurleson County, TX1,614 BBLs5,601 MCFJul 2025
OzzieBurleson County, TX1,379 BBLs2,213 MCFJul 2025
Remi RoseBurleson County, TX1,345 BBLs1,119 MCFJul 2025
S. P. Scamardo-Seilevco L UnitRobertson County, TX2,325 BBLs5,126 MCFJun 2025
Sadberry UnitBurleson County, TX384 BBLs14 MCFJun 2025
SophieBurleson County, TX703 BBLs3,437 MCFJul 2025
Space CowboysBurleson County, TX1,324 BBLs4,109 MCFJul 2025
Webb Branch UnitBurleson County, TX519 BBLs390 MCFJul 2025

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
03-27856PHILIPApr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJan 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPJan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPDec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPDec 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPDec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPNov 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPNov 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPNov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPOct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPOct 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPOct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPAug 2024MAGNOLIA OIL & GAS OPERATING LLC