Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

County,
Production DatesMay 1993 - Feb 2025
Total Oil Production6,137 BBLs
Total Gas Production354,690 MCF
Recent Oil Production1 BBLs in Jan 2025
Recent Gas Production218 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,793 *

MarketMultiple

$1,657 **

* 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 Feb 2025

Wells on Schmidt

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

Leases included in Schmidt

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly 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, TX7 BBLs770 MCFFeb 2025
Aquamarine Unit 1Fayette County, TX131 BBLs5,895 MCFFeb 2025
BrangusFayette County, TX0 BBLs0 MCFFeb 2025
BrittaFayette County, TX67 BBLs2,286 MCFFeb 2025
DebakeyFayette County, TX0 BBLs0 MCFFeb 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs72 MCFFeb 2025
JasperFayette County, TX0 BBLs48 MCFFeb 2025
KathyFayette County, TX0 BBLs0 MCFFeb 2025
KatrinFayette County, TX0 BBLs0 MCFFeb 1996
KoenigFayette County, TX0 BBLs0 MCFFeb 2025
KristinaFayette County, TX25 BBLs1,597 MCFFeb 2025
LevienFayette County, TX0 BBLs419 MCFFeb 2025
MattinglyFayette County, TX0 BBLs0 MCFFeb 2025
NorthrupFayette County, TX0 BBLs306 MCFFeb 2025
RamseyFayette County, TX30 BBLs654 MCFFeb 2025
Rio Lobo UnitFayette County, TX66 BBLs4,671 MCFFeb 2025
RWR UnitFayette County, TX0 BBLs33 MCFFeb 2025
SchuhmacherFayette County, TX0 BBLs0 MCFNov 2024
Weigelt 1Fayette County, TX114 BBLs10,425 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Schmidt property.

Company Name

Owners of Schmidt

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGSCHMIDT 1REMAGNOLIA OIL & GAS

Oil & Gas Sales on Schmidt

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24956SCHMIDTSep 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
03-24956SCHMIDTJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTFeb 2023MAGNOLIA OIL & GAS OPERATING LLC