Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Sep 2025
Total Oil Production6,142 BBLs
Total Gas Production360,607 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production461 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,654 *

MarketMultiple

$4,270 **

* 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 Sep 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, TX139 BBLs1,909 MCFSep 2025
Aquamarine Unit 1Fayette County, TX62 BBLs4,287 MCFSep 2025
BrangusFayette County, TX0 BBLs733 MCFSep 2025
BrittaFayette County, TX27 BBLs1,458 MCFAug 2025
DebakeyFayette County, TX0 BBLs0 MCFJul 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Garnet Unit 1Fayette County, TX12 BBLs6,484 MCFSep 2025
Grace UnitFayette County, TX0 BBLs273 MCFSep 2025
JasperFayette County, TX0 BBLs326 MCFSep 2025
KathyFayette County, TX0 BBLs0 MCFJul 2025
KoenigFayette County, TX17 BBLs466 MCFSep 2025
KristinaFayette County, TX19 BBLs1,800 MCFSep 2025
LevienFayette County, TX0 BBLs93 MCFSep 2025
MattinglyFayette County, TX0 BBLs200 MCFSep 2025
NorthrupFayette County, TX23 BBLs1,380 MCFSep 2025
RamseyFayette County, TX33 BBLs1,195 MCFSep 2025
Rio BravoFayette County, TX0 BBLs508 MCFSep 2025
Rio Lobo UnitFayette County, TX53 BBLs6,175 MCFSep 2025
RWR UnitFayette County, TX0 BBLs64 MCFAug 2025
SchuhmacherFayette County, TX0 BBLs0 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