Grace Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Grace Unit

CountyFayette County, TX
Production DatesJan 1993 - Apr 2025
Total Oil Production13,044 BBLs
Total Gas Production807,897 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production326 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Grace Unit

ShaleAssessment

$1,570 *

MarketMultiple

$1,239 **

* 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 Apr 2025

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, TX18 BBLs56 MCFApr 2025
BrittaFayette County, TX62 BBLs1,474 MCFApr 2025
Church CharlesFayette County, TX54 BBLs1,362 MCFApr 2025
Froese UnitFayette County, TX0 BBLs67 MCFApr 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
HeatherFayette County, TX0 BBLs0 MCFApr 2025
JasperFayette County, TX0 BBLs385 MCFApr 2025
KrauseFayette County, TX16 BBLs1,270 MCFApr 2025
KristinaFayette County, TX73 BBLs1,525 MCFApr 2025
Lapis UnitFayette County, TX115 BBLs0 MCFMar 2025
LevienFayette County, TX0 BBLs248 MCFApr 2025
MattinglyFayette County, TX0 BBLs185 MCFApr 2025
Rio Lobo UnitFayette County, TX50 BBLs4,873 MCFApr 2025
RWR UnitFayette County, TX0 BBLs0 MCFApr 2025
Sapphire Unit 1HFayette County, TX264 BBLs7,820 MCFApr 2025
SchmidtFayette County, TX1 BBLs1,087 MCFApr 2025
SchuhmacherFayette County, TX1 BBLs0 MCFApr 2025
WagnerFayette County, TX1 BBLs142 MCFApr 2025
Weigelt 1Fayette County, TX95 BBLs9,540 MCFApr 2025
Zuehlke UnitFayette County, TX0 BBLs433 MCFApr 2025

Owners of Grace Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA 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 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
03-284268GRACE UNIT 1REApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1REDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-284268GRACE UNIT 1RENov 2023MAGNOLIA OIL & GAS OPERATING LLC
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