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 - Apr 2025
Total Oil Production139,125 BBLs
Total Gas Production95,626 MCF
Recent Oil Production1,110 BBLs in Mar 2025
Recent Gas Production468 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$130,576 **

* 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 Apr 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, TX591 BBLs323 MCFMar 2025
Alford-Weeber UnitBurleson County, TX310 BBLs0 MCFMar 2025
Bi - CountyBurleson County, TX698 BBLs496 MCFApr 2025
Brewer-Bridges UnitBurleson County, TX850 BBLs2,290 MCFApr 2025
Bronco BillyBurleson County, TX3,405 BBLs1,840 MCFApr 2025
Browning UnitBurleson County, TX1,491 BBLs5,638 MCFApr 2025
D. N. Jones 130Burleson County, TX3,982 BBLs1,114 MCFMar 2025
DavidBurleson County, TX1,161 BBLs3,910 MCFApr 2025
Dirty HarryBurleson County, TX7,719 BBLs8,490 MCFApr 2025
Flowers-ReistinoRobertson County, TX8,255 BBLs6,351 MCFMar 2025
GroverBurleson County, TX1,417 BBLs1,891 MCFApr 2025
John BruceBurleson County, TX1,490 BBLs5,971 MCFApr 2025
LequettaBurleson County, TX1,015 BBLs1,055 MCFApr 2025
LitoBurleson County, TX1,804 BBLs5,346 MCFApr 2025
MarshBurleson County, TX3,174 BBLs944 MCFMar 2025
OzzieBurleson County, TX1,867 BBLs2,669 MCFApr 2025
Remi RoseBurleson County, TX1,396 BBLs965 MCFApr 2025
S. P. Scamardo-Seilevco L UnitRobertson County, TX3,466 BBLs5,413 MCFMar 2025
SophieBurleson County, TX859 BBLs3,579 MCFApr 2025
Space CowboysBurleson County, TX1,883 BBLs4,695 MCFApr 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
2024MAGNOLIA OIL & GAS OPERATING LLCPHILIP 1HEMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATINGPHILIP 1HEMAGNOLIA OIL & GAS O
2024MAGNOLIA OIL & GAS OPERATING LLCPHILIP 1HEMAGNOLIA OIL &
2024LIME ROCK RESOURCES V-A LPPHILIP 1HEMAGNOLIA OIL & GAS O
2024TREADSTONE ENERGY PRTN III LLCPHILIP 1HEMAGNOLIA OIL & GAS O
2024NOBLE ENERGY INCPHILIP 1HEMAGNOLIA OIL &
2024MCDONALD ADRIAN G JRPHILIP 1HEMAGNOLIA OIL &
2024FISHER THOMAS PATRICKPHILIP 1HEMAGNOLIA OIL &
Displaying 8 of 611 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