Grace Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production13,042 BBLs
Total Gas Production802,773 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production319 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$2,174 *

MarketMultiple

$1,212 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Grace Unit 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 Grace Unit
from Jan 1993 to Jan 2024

Wells on Grace Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-31985GRACE UNIT 1REMAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.092547-96.698517

Leases included in Grace Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-118945GRACE UNIT 1RERME PETROLEUM COMPANYFayette County, TX
03-24200GRACE UNITENERVEST OPERATING, L.L.C.Fayette County, TX
03-284268GRACE UNIT 1REMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Grace Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrangusFayette County, TX40 BBLs815 MCFJan 2024
BrittaFayette County, TX57 BBLs2,176 MCFJan 2024
Church CharlesFayette County, TX23 BBLs1,449 MCFJan 2024
Emerald Unit 1Fayette County, TX203 BBLs8,079 MCFJan 2024
Froese UnitFayette County, TX0 BBLs54 MCFJan 2024
FuchsFayette County, TX214 BBLs3,954 MCFJan 2024
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
HeatherFayette County, TX0 BBLs126 MCFDec 2023
JasperFayette County, TX212 BBLs3,071 MCFJan 2024
KrauseFayette County, TX13 BBLs2,508 MCFJan 2024
KristinaFayette County, TX30 BBLs1,718 MCFJan 2024
Lapis UnitFayette County, TX1 BBLs9 MCFJan 2024
LevienFayette County, TX0 BBLs143 MCFJan 2024
MattinglyFayette County, TX5 BBLs473 MCFJan 2024
Rio Lobo UnitFayette County, TX56 BBLs6,803 MCFJan 2024
RWR UnitFayette County, TX0 BBLs40 MCFJan 2024
SchmidtFayette County, TX8 BBLs454 MCFJan 2024
SchuhmacherFayette County, TX0 BBLs354 MCFDec 2023
WagnerFayette County, TX0 BBLs186 MCFJan 2024
Zuehlke UnitFayette County, TX0 BBLs747 MCFJan 2024

Owners of Grace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATINGGRACE UNIT 1REMAGNOLIA OIL & GAS
2023STABLE ENERGY LPGRACE UNIT 1REMAGNOLIA OIL & GAS
2023LEONHARDT HELEN KRAUSEGRACE UNIT 1REMAGNOLIA OIL & GAS
2023ISSLEIB ELROY AND DONNAGRACE UNIT 1REMAGNOLIA OIL & GAS
2023MATULA JUDY HINZE ANDGRACE UNIT 1REMAGNOLIA OIL & GAS
2023ROGERS-WATT IRREVOCABLE TRUSTGRACE UNIT 1REMAGNOLIA OIL & GAS
2023KRAUSE CLARENCE EGRACE UNIT 1REMAGNOLIA OIL & GAS
2023WAGNER PEARLIEGRACE UNIT 1REMAGNOLIA OIL & GAS
Displaying 8 of 37 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Grace Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-284268GRACE UNIT 1REOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RESep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RESep 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMay 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REApr 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJan 2022MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2021MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2021MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REOct 2021MAGNOLIA OIL & GAS OPERATING LLC