Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Jul 2025
Total Oil Production6,142 BBLs
Total Gas Production359,748 MCF
Recent Oil Production0 BBLs in Jun 2025
Recent Gas Production1,051 MCF in Jun 2025
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,694 *

MarketMultiple

$4,334 **

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

Based on a decimal interest

Schmidt Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schmidt
from May 1993 to Jul 2025

Wells on Schmidt

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-31891SCHMIDT 1REMAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.062973-96.738639

Leases included in Schmidt

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-18377SCHMIDTPOFF, H. BRYANFayette County, TX
03-197358SCHMIDT 1REEMERALD OPERATING COMPANY, INC.Fayette County, TX
03-24956SCHMIDTMAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Schmidt property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrew Jacob UnitFayette County, TX64 BBLs2,814 MCFJul 2025
BrangusFayette County, TX0 BBLs687 MCFJul 2025
BrittaFayette County, TX30 BBLs1,580 MCFJul 2025
DebakeyFayette County, TX0 BBLs0 MCFJul 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs272 MCFJul 2025
JasperFayette County, TX77 BBLs845 MCFJul 2025
KathyFayette County, TX0 BBLs0 MCFJul 2025
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs283 MCFJul 2025
KristinaFayette County, TX2 BBLs1,708 MCFJul 2025
LevienFayette County, TX0 BBLs50 MCFJul 2025
MattinglyFayette County, TX0 BBLs210 MCFJul 2025
NorthrupFayette County, TX38 BBLs1,345 MCFJul 2025
RamseyFayette County, TX38 BBLs1,162 MCFJul 2025
Rio BravoFayette County, TX0 BBLs747 MCFJul 2025
Rio Lobo UnitFayette County, TX48 BBLs4,803 MCFJul 2025
RWR UnitFayette County, TX0 BBLs51 MCFJul 2025
SchuhmacherFayette County, TX0 BBLs0 MCFJul 2025
Weigelt 1Fayette County, TX63 BBLs7,616 MCFJul 2025

Owners of Schmidt

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGSCHMIDT 1REMAGNOLIA OIL & GAS

Oil & Gas Sales on Schmidt

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24956SCHMIDTMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTDec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTNov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTOct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2023MAGNOLIA OIL & GAS OPERATING LLC