Lapis Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Lapis Unit

CountyFayette County, TX
Production DatesOct 1994 - Mar 2025
Total Oil Production126,359 BBLs
Total Gas Production1,736,117 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Lapis Unit

ShaleAssessment

$1,315 *

MarketMultiple

$1,766 **

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

Based on a decimal interest

Lapis Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lapis Unit
from Oct 1994 to Mar 2025

Wells on Lapis Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32899LAPIS UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.112482-96.698417
42-149-33467LAPIS UNIT 2HGEOSOUTHERN OPERATING II, LLCHorizontal Well Surface LocatioFayette County, TX30.114382-96.697867

Leases included in Lapis Unit

Lease #Lease NameOperatorCounty
03-152015LAPIS UNIT 1HGEOSOUTHERN ENERGY CORPORATIONFayette County, TX
03-22561LAPIS UNITCHESAPEAKE OPERATING, INC.Fayette County, TX
03-23987LAPIS UNITMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blue Paddle 1Fayette County, TX1,732 BBLs8,156 MCFJun 2025
Bowen Ranch Co-Op UnitFayette County, TX459 BBLs1,376 MCFJun 2025
Church CharlesFayette County, TX41 BBLs1,070 MCFJun 2025
Dubs HuskyFayette County, TX63,626 BBLs531,237 MCFJun 2025
East Ledbetter Unit 1Fayette County, TX322 BBLs1,584 MCFJun 2025
Elms-RicksWashington County, TX352 BBLs10,127 MCFJun 2025
Emerald Unit 1Fayette County, TX437 BBLs6,374 MCFJun 2025
Froese UnitFayette County, TX0 BBLs64 MCFJun 2025
Grace UnitFayette County, TX0 BBLs295 MCFJun 2025
HeatherFayette County, TX0 BBLs95 MCFJun 2025
JasperFayette County, TX41 BBLs501 MCFJun 2025
KrauseFayette County, TX19 BBLs1,304 MCFJun 2025
LevienFayette County, TX0 BBLs56 MCFJun 2025
LiebscherWashington County, TX2,178 BBLs26,437 MCFJun 2025
LuckyWashington County, TX500 BBLs11,056 MCFJun 2025
MattinglyFayette County, TX0 BBLs189 MCFJun 2025
RWR UnitFayette County, TX0 BBLs0 MCFJun 2025
Sapphire Unit 1HFayette County, TX279 BBLs6,891 MCFJun 2025
Tourmaline Unit 1Fayette County, TX117 BBLs4,190 MCFJun 2025
Zuehlke UnitFayette County, TX0 BBLs434 MCFJun 2025

Owners of Lapis Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGLAPIS UNITMAGNOLIA OIL & GAS

Oil & Gas Sales on Lapis Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-23987LAPIS UNITMar 2025GULFMARK ENERGY, INC.MAGNOLIA OIL & GAS OPERATING LLC
03-23987LAPIS UNITApr 2024DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITMar 2024DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITFeb 2024DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITJan 2024DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITDec 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITNov 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITOct 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITSep 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITAug 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITJul 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITJun 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITMay 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITApr 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITMar 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITFeb 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITJan 2023DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITDec 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITNov 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITOct 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITSep 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITAug 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITJul 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITJun 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION
03-23987LAPIS UNITMay 2022DCP OPERATING COMPANY, LPGEOSOUTHERN ENERGY CORPORATION