Meinen-Ol Unit

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Meinen-Ol Unit

County,
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1994 - Feb 2025
Total Oil Production36,437 BBLs
Total Gas Production5,676,636 MCF
Recent Oil Production24 BBLs in Jan 2025
Recent Gas Production3,950 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Meinen-Ol Unit

ShaleAssessment

$17,359 *

MarketMultiple

$14,539 **

* 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 Feb 2025

Wells on Meinen-Ol Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,

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 H02obFayette County, TX1,829 BBLs70,454 MCFFeb 2025
Frannie Unit 1HFayette County, TX531 BBLs24,812 MCFFeb 2025
Gambit Check H02QGFayette County, TX1,131 BBLs42,137 MCFFeb 2025
Gambit Mate H04QGFayette County, TX1,438 BBLs50,805 MCFFeb 2025
Hilsher OlFayette County, TX16 BBLs931 MCFFeb 2025
KoenigFayette County, TX0 BBLs0 MCFFeb 2025
Millsap Unit 1HFayette County, TX566 BBLs48,016 MCFFeb 2025
NW Oldenburg Amarado UnitFayette County, TX93 BBLs790 MCFFeb 2025
OzarkFayette County, TX3,065 BBLs98,953 MCFFeb 2025
Patterson UnitFayette County, TX5 BBLs26 MCFFeb 2025
Queens H01QGFayette County, TX2,043 BBLs35,935 MCFFeb 2025
Rio BravoFayette County, TX0 BBLs882 MCFFeb 2025
Rio Lobo UnitFayette County, TX66 BBLs4,671 MCFFeb 2025
RoznovFayette County, TX0 BBLs64 MCFFeb 2025
SusieFayette County, TX0 BBLs34 MCFFeb 2025
Warrenton-AFayette County, TX67 BBLs2,318 MCFFeb 2025
West M. Unit Ol 1HFayette County, TX124 BBLs6,365 MCFFeb 2025
Willow Unit 1HFayette County, TX706 BBLs52,144 MCFFeb 2025
Wolff Unit 1HFayette County, TX395 BBLs26,899 MCFFeb 2025
WunderlichFayette County, TX30 BBLs767 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Meinen-Ol Unit property.

Company Name

Owners of Meinen-Ol Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGMEINEN OIL UNIT W#1MAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGMEINEN OIL UNIT W#2MAGNOLIA OIL & GAS

Oil & Gas Sales on Meinen-Ol Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-148929MEINEN-OL UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1May 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Apr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Mar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-199305MEINEN OL UNIT 2 1Feb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-148929MEINEN-OL UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC