Grace Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production13,044 BBLs
Total Gas Production810,821 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production236 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$1,373 *

MarketMultiple

$1,487 **

* 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 Mar 2026

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, TX0 BBLs0 MCFJan 2026
BrittaFayette County, TX47 BBLs1,032 MCFMar 2026
Church CharlesFayette County, TX65 BBLs1,251 MCFMar 2026
Dubs HuskyFayette County, TX22,310 BBLs265,652 MCFMar 2026
Emerald Unit 1Fayette County, TX324 BBLs10,317 MCFMar 2026
Froese UnitFayette County, TX0 BBLs37 MCFMar 2026
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
HeatherFayette County, TX0 BBLs24 MCFMar 2026
JasperFayette County, TX18 BBLs468 MCFMar 2026
KrauseFayette County, TX0 BBLs805 MCFMar 2026
KristinaFayette County, TX39 BBLs1,676 MCFMar 2026
Lapis UnitFayette County, TX10 BBLs10 MCFMar 2026
LevienFayette County, TX0 BBLs46 MCFMar 2026
MattinglyFayette County, TX0 BBLs102 MCFMar 2026
Rio Lobo UnitFayette County, TX59 BBLs4,218 MCFMar 2026
RWR UnitFayette County, TX0 BBLs0 MCFMar 2026
SchmidtFayette County, TX0 BBLs331 MCFMar 2026
SchuhmacherFayette County, TX0 BBLs0 MCFJan 2026
WagnerFayette County, TX0 BBLs71 MCFMar 2026
Zuehlke UnitFayette County, TX0 BBLs486 MCFMar 2026

Owners of Grace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGGRACE UNIT 1REMAGNOLIA OIL & GAS

Oil & Gas Sales on Grace Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-284268GRACE UNIT 1REJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RESep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMay 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REApr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REOct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RESep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMay 2024MAGNOLIA OIL & GAS OPERATING LLC