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 - Jun 2025
Total Oil Production141,153 BBLs
Total Gas Production96,849 MCF
Recent Oil Production566 BBLs in May 2025
Recent Gas Production278 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Philip

ShaleAssessment

Not Available

MarketMultiple

$119,487 **

* 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 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, TX382 BBLs353 MCFJun 2025
Bi - CountyBurleson County, TX676 BBLs488 MCFJun 2025
Brewer-Bridges UnitBurleson County, TX718 BBLs2,506 MCFMay 2025
Bronco BillyBurleson County, TX3,016 BBLs2,027 MCFJun 2025
Browning UnitBurleson County, TX1,301 BBLs5,663 MCFMay 2025
D. N. Jones 130Burleson County, TX8,060 BBLs2,276 MCFJun 2025
Dan Alford 119Burleson County, TX365 BBLs0 MCFJun 2025
DavidBurleson County, TX724 BBLs3,815 MCFJun 2025
Dirty HarryBurleson County, TX6,623 BBLs8,589 MCFJun 2025
Flowers ReistinoRobertson County, TX8,154 BBLs6,651 MCFJun 2025
GroverBurleson County, TX1,305 BBLs1,272 MCFJun 2025
John BruceBurleson County, TX324 BBLs3,060 MCFJun 2025
LequettaBurleson County, TX900 BBLs1,127 MCFJun 2025
LitoBurleson County, TX1,642 BBLs5,431 MCFJun 2025
MarshBurleson County, TX8,725 BBLs2,912 MCFJun 2025
OzzieBurleson County, TX2,394 BBLs3,098 MCFJun 2025
Remi RoseBurleson County, TX1,380 BBLs1,062 MCFJun 2025
S. P. Scamardo-Seilevco L UnitRobertson County, TX2,810 BBLs5,277 MCFJun 2025
SophieBurleson County, TX811 BBLs3,803 MCFJun 2025
Space CowboysBurleson County, TX1,723 BBLs4,231 MCFJun 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