Philip

Oil & Gas Property in Burleson County, TX

  2. Texas
  3. Burleson County, TX
  4. Oil & Gas Properties in Burleson County, TX
  5. Philip Oil & Gas Property

Map of Wells Full Screen Map

Property Summary

Key data points for Philip

CountyBurleson County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJul 2020 - Jun 2026
Total Oil Production151,919 BBLs
Total Gas Production107,277 MCF
Recent Oil Production839 BBLs in May 2026
Recent Gas Production501 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment™

Not Available

MarketMultiple™

$107,509 **

* 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 Jun 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, TX477 BBLs496 MCFJun 2026
Brewer-Bridges UnitBurleson County, TX743 BBLs2,151 MCFJun 2026
Bronco BillyBurleson County, TX2,110 BBLs811 MCFJun 2026
Browning UnitBurleson County, TX1,272 BBLs5,723 MCFJun 2026
D. N. Jones 130Burleson County, TX2,791 BBLs66 MCFMay 2026
Dan Alford 119Burleson County, TX3,917 BBLs229 MCFMay 2026
DavidBurleson County, TX660 BBLs3,484 MCFJun 2026
Dirty HarryBurleson County, TX3,564 BBLs7,692 MCFJun 2026
Flowers-ReistinoRobertson County, TX4,869 BBLs5,400 MCFMay 2026
GroverBurleson County, TX1,140 BBLs967 MCFJun 2026
John BruceBurleson County, TX854 BBLs5,196 MCFJun 2026
LequettaBurleson County, TX812 BBLs931 MCFJun 2026
LitoBurleson County, TX1,087 BBLs3,925 MCFJun 2026
MarshBurleson County, TX3,260 BBLs1,156 MCFMay 2026
OzzieBurleson County, TX1,709 BBLs3,171 MCFJun 2026
Remi RoseBurleson County, TX1,262 BBLs854 MCFJun 2026
S. P. Scamardo-Seilevco L UnitRobertson County, TX2,017 BBLs4,391 MCFMay 2026
SophieBurleson County, TX480 BBLs3,137 MCFJun 2026
Space CowboysBurleson County, TX1,229 BBLs3,756 MCFJun 2026
Webb Branch UnitBurleson County, TX357 BBLs500 MCFJun 2026

Companies in the Area

These are the closest 16 companies operating near the Philip property.

Company Name
Anadarko E&P Onshore LLC
Ginger Petroleum Company, Inc.
Home Petroleum Corp
Long Trusts, The
LRR Pecos Valley, LLC
Magnolia Oil & Gas Operating LLC
Nichols,Edwin S Explorations Inc
North Central Oil Corp
Parker & Parsley Development L.P
Sage Energy Company
SW Operating, Inc.
Te-Ray Resources, LLC
Union Pacific Resources Co.
Wildfire Energy Operating LLC
Williams Oil Company
Williams, Clayton Energy, Inc.

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
2026MAGNOLIA OIL & GAS OPERATINGPHILIP W#1HEMAGNOLIA OIL & GAS O
2026MAGNOLIA OIL & GAS OPERATINGPHILIP W#1HEMAGNOLIA OIL & GAS O
2026LIME ROCK RESOURCES V-A LPPHILIP W#1HEMAGNOLIA OIL & GAS O
2026LIME ROCK RESOURCES V-A LPPHILIP W#1HEMAGNOLIA OIL & GAS O
2026NOBLE ENERGY INCPHILIP W#1HEMAGNOLIA OIL & GAS O
2026MCDONALD 2012 DESCENDANTS TRPHILIP W#1HEMAGNOLIA OIL & GAS O
2026FISHER THOMAS PATRICKPHILIP W#1HEMAGNOLIA OIL & GAS O
2026MCCORKLE FAMILY HOLDINGS LTDPHILIP W#1HEMAGNOLIA OIL & GAS O
Displaying 8 of 779 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
03-27856PHILIPJun 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMay 2026MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPApr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27856PHILIPFeb 2026MAGNOLIA 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