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 - Nov 2025
Total Oil Production146,123 BBLs
Total Gas Production103,219 MCF
Recent Oil Production939 BBLs in Oct 2025
Recent Gas Production929 MCF in Oct 2025
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$116,345 **

* 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
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to oil and gas production for Philip
from Jul 2020 to Nov 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, TX306 BBLs343 MCFOct 2025
Bi - CountyBurleson County, TX569 BBLs496 MCFNov 2025
Brewer-Bridges UnitBurleson County, TX415 BBLs1,754 MCFNov 2025
Bronco BillyBurleson County, TX2,836 BBLs1,446 MCFNov 2025
Browning UnitBurleson County, TX1,177 BBLs4,940 MCFNov 2025
D. N. Jones 130Burleson County, TX4,185 BBLs1,629 MCFOct 2025
Dan Alford 119Burleson County, TX8,263 BBLs2,364 MCFOct 2025
DavidBurleson County, TX893 BBLs3,838 MCFNov 2025
Dirty HarryBurleson County, TX4,950 BBLs7,440 MCFNov 2025
Flowers-ReistinoRobertson County, TX6,648 BBLs6,196 MCFOct 2025
GroverBurleson County, TX1,225 BBLs1,199 MCFNov 2025
John BruceBurleson County, TX1,058 BBLs5,165 MCFNov 2025
LequettaBurleson County, TX833 BBLs907 MCFNov 2025
LitoBurleson County, TX1,422 BBLs4,944 MCFNov 2025
OzzieBurleson County, TX1,797 BBLs2,889 MCFNov 2025
Remi RoseBurleson County, TX1,299 BBLs853 MCFNov 2025
S. P. Scamardo-Seilevco L UnitRobertson County, TX2,337 BBLs4,659 MCFOct 2025
SophieBurleson County, TX575 BBLs3,093 MCFNov 2025
Space CowboysBurleson County, TX1,365 BBLs3,794 MCFNov 2025
Webb Branch UnitBurleson County, TX579 BBLs406 MCFNov 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
03-27856PHILIPDec 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA 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
03-27856PHILIPMay 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 2025MAGNOLIA OIL & GAS OPERATING LLC