Grace Unit

Oil & Gas Property in Fayette County, TX

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Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Jun 2026
Total Oil Production13,044 BBLs
Total Gas Production811,406 MCF
Recent Oil Production0 BBLs in May 2026
Recent Gas Production193 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$1,325 *

MarketMultiple

$1,315 **

* 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
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to oil and gas production for Grace Unit
from Jan 1993 to Jun 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, TX207 BBLs206 MCFJun 2026
BrittaFayette County, TX45 BBLs1,979 MCFJun 2026
Church CharlesFayette County, TX55 BBLs1,171 MCFJun 2026
Emerald Unit 1Fayette County, TX290 BBLs8,606 MCFJun 2026
Froese UnitFayette County, TX0 BBLs38 MCFJun 2026
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
HeatherFayette County, TX0 BBLs0 MCFJun 2026
HeleneFayette County, TX215 BBLs3,153 MCFJun 2026
JasperFayette County, TX0 BBLs512 MCFJun 2026
KrauseFayette County, TX23 BBLs380 MCFJun 2026
KristinaFayette County, TX21 BBLs1,659 MCFJun 2026
Lapis UnitFayette County, TX0 BBLs0 MCFApr 2026
LevienFayette County, TX35 BBLs85 MCFJun 2026
MattinglyFayette County, TX0 BBLs65 MCFJun 2026
NeidraFayette County, TX301 BBLs2,851 MCFJun 2026
Rio Lobo UnitFayette County, TX45 BBLs4,414 MCFJun 2026
RWR UnitFayette County, TX0 BBLs0 MCFMar 2026
SchuhmacherFayette County, TX0 BBLs0 MCFJun 2026
WagnerFayette County, TX0 BBLs56 MCFJun 2026
Zuehlke UnitFayette County, TX0 BBLs455 MCFJun 2026

Owners of Grace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MAGNOLIA 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 1REMay 2026MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REApr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2026MAGNOLIA OIL & GAS OPERATING LLC
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 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJun 20254J ENERGY, LLCMAGNOLIA 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 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2025MAGNOLIA 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