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 - Sep 2025
Total Oil Production144,165 BBLs
Total Gas Production101,200 MCF
Recent Oil Production796 BBLs in Aug 2025
Recent Gas Production1,550 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$125,489 **

* 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 Sep 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, TX373 BBLs361 MCFAug 2025
Bi - CountyBurleson County, TX566 BBLs496 MCFSep 2025
Brewer-Bridges UnitBurleson County, TX679 BBLs2,499 MCFSep 2025
Bronco BillyBurleson County, TX3,025 BBLs1,878 MCFSep 2025
Browning UnitBurleson County, TX1,264 BBLs5,322 MCFSep 2025
D. N. Jones 130Burleson County, TX6,015 BBLs1,809 MCFAug 2025
DavidBurleson County, TX976 BBLs3,944 MCFSep 2025
Dirty HarryBurleson County, TX5,846 BBLs8,364 MCFSep 2025
Flowers ReistinoRobertson County, TX6,366 BBLs6,271 MCFAug 2025
GroverBurleson County, TX1,268 BBLs1,324 MCFSep 2025
John BruceBurleson County, TX1,411 BBLs5,490 MCFSep 2025
LequettaBurleson County, TX855 BBLs1,030 MCFSep 2025
LitoBurleson County, TX1,475 BBLs5,523 MCFSep 2025
MarshBurleson County, TX5,840 BBLs2,588 MCFAug 2025
OzzieBurleson County, TX1,371 BBLs2,203 MCFSep 2025
Remi RoseBurleson County, TX1,377 BBLs1,294 MCFSep 2025
S. P. Scamardo-Seilevco L UnitRobertson County, TX2,720 BBLs4,983 MCFAug 2025
SophieBurleson County, TX653 BBLs3,235 MCFSep 2025
Space CowboysBurleson County, TX1,514 BBLs4,180 MCFSep 2025
Webb Branch UnitBurleson County, TX1,545 BBLs716 MCFSep 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