Meinen-Ol Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Meinen-Ol Unit

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1994 - Jan 2024
Total Oil Production36,165 BBLs
Total Gas Production5,616,213 MCF
Recent Oil Production40 BBLs in Dec 2023
Recent Gas Production6,218 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Meinen-Ol Unit

ShaleAssessment

$22,812 *

MarketMultiple

$34,509 **

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

Based on a decimal interest

Meinen-Ol Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Meinen-Ol Unit
from Jan 1994 to Jan 2024

Wells on Meinen-Ol Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32816MEINEN-OL UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.000078-96.692521
42-149-33129MEINEN OL UNIT 2 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX29.997505-96.698352

Leases included in Meinen-Ol Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-148929MEINEN-OL UNIT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX
03-199305MEINEN OL UNIT 2 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Meinen-Ol Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Byrde H 02obFayette County, TX4,400 BBLs134,973 MCFFeb 2024
Frannie Unit 1HFayette County, TX560 BBLs24,266 MCFJan 2024
Gambit Check H02QGFayette County, TX3,062 BBLs73,367 MCFJan 2024
Gambit Mate H04QGFayette County, TX2,143 BBLs97,441 MCFJan 2024
Greer Unit 1Fayette County, TX223 BBLs5,383 MCFJan 2024
Hilsher OlFayette County, TX7 BBLs1,121 MCFJan 2024
KoenigFayette County, TX0 BBLs134 MCFJan 2024
Millsap Unit 1HFayette County, TX817 BBLs77,748 MCFJan 2024
NW Oldenburg Amarado UnitFayette County, TX439 BBLs6,666 MCFJan 2024
OzarkFayette County, TX3,561 BBLs116,076 MCFFeb 2024
Patterson UnitFayette County, TX0 BBLs0 MCFJan 2024
Queens H01QGFayette County, TX3,629 BBLs56,921 MCFJan 2024
Red River Unit 1Fayette County, TX195 BBLs5,771 MCFJan 2024
Rio BravoFayette County, TX13 BBLs1,068 MCFJan 2024
Rio Lobo UnitFayette County, TX56 BBLs6,803 MCFJan 2024
RoznovFayette County, TX0 BBLs0 MCFOct 2023
Warrenton-AFayette County, TX65 BBLs2,650 MCFJan 2024
Willow Unit 1HFayette County, TX1,041 BBLs91,564 MCFJan 2024
Wolff Unit 1HFayette County, TX568 BBLs43,518 MCFJan 2024
WunderlichFayette County, TX32 BBLs486 MCFJan 2024

Owners of Meinen-Ol Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATINGMEINEN OIL UNIT W#2MAGNOLIA OIL & GAS
2023MAGNOLIA OIL & GAS OPERATINGMEINEN OIL UNIT W#1MAGNOLIA OIL & GAS
2023OLTMANN MARY JANE KRAUSEMEINEN OIL UNIT W#2MAGNOLIA OIL & GAS
2023LBJB LTD PARTNERSHIPMEINEN OIL UNIT W#1MAGNOLIA OIL & GAS
2023LBJB LTD PARTNERSHIPMEINEN OIL UNIT W#2MAGNOLIA OIL & GAS
2023KOY ERNEST MELVINMEINEN OIL UNIT W#2MAGNOLIA OIL & GAS
2023RICHEY KAREN SUEMEINEN OIL UNIT W#1MAGNOLIA OIL & GAS
2023BISHOP KATHY LMEINEN OIL UNIT W#1MAGNOLIA OIL & GAS
Displaying 8 of 73 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Meinen-Ol Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-148929MEINEN-OL UNIT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Aug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Aug 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Aug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jul 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jun 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Jun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1May 2023MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Apr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Apr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Feb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Feb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Dec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Dec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Nov 2022MAGNOLIA OIL & GAS OPERATING LLC