Lapis Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Lapis Unit

CountyFayette County, TX
Production DatesOct 1994 - Jan 2026
Total Oil Production126,402 BBLs
Total Gas Production1,736,201 MCF
Recent Oil Production13 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Lapis Unit

ShaleAssessment

$1,174 *

MarketMultiple

$542 **

* 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 Jan 2026

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 NameOperatorCountyMonthly Oil Prod.
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
AngieFayette County, TX503 BBLs5,415 MCFJan 2026
Blue Paddle 1Fayette County, TX1,502 BBLs8,410 MCFJan 2026
Bowen Ranch Co-Op UnitFayette County, TX425 BBLs1,319 MCFJan 2026
Church CharlesFayette County, TX55 BBLs1,125 MCFJan 2026
Dubs HuskyFayette County, TX31,186 BBLs341,743 MCFJan 2026
Elms-RicksWashington County, TX301 BBLs9,473 MCFJan 2026
Emerald Unit 1Fayette County, TX444 BBLs12,588 MCFJan 2026
Froese UnitFayette County, TX0 BBLs55 MCFJan 2026
Grace UnitFayette County, TX0 BBLs291 MCFJan 2026
HeatherFayette County, TX18 BBLs152 MCFJan 2026
JasperFayette County, TX26 BBLs581 MCFJan 2026
KrauseFayette County, TX0 BBLs770 MCFJan 2026
LevienFayette County, TX0 BBLs102 MCFJan 2026
LiebscherWashington County, TX4 BBLs81 MCFJan 2026
LuckyWashington County, TX550 BBLs10,630 MCFJan 2026
MattinglyFayette County, TX0 BBLs162 MCFJan 2026
RWR UnitFayette County, TX0 BBLs123 MCFJan 2026
WagnerFayette County, TX2 BBLs102 MCFJan 2026
YukonWashington County, TX2,596 BBLs31,354 MCFJan 2026
Zuehlke UnitFayette County, TX0 BBLs488 MCFJan 2026

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 UNITNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23987LAPIS UNITOct 2025MAGNOLIA OIL & GAS OPERATING LLC
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