Schmidt

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Schmidt

CountyFayette County, TX
Production DatesMay 1993 - Mar 2026
Total Oil Production6,142 BBLs
Total Gas Production362,876 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production331 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for Schmidt

ShaleAssessment

$1,540 *

MarketMultiple

$2,302 **

* 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 Mar 2026

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
Ale Two H02haFayette County, TX9,654 BBLs59,432 MCFMar 2026
Andrew Jacob UnitFayette County, TX5 BBLs1,217 MCFMar 2026
BrangusFayette County, TX0 BBLs0 MCFJan 2026
BrittaFayette County, TX47 BBLs1,032 MCFMar 2026
DebakeyFayette County, TX81 BBLs2,322 MCFMar 2026
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs236 MCFMar 2026
Headliner One H01haFayette County, TX8,768 BBLs40,381 MCFMar 2026
JasperFayette County, TX18 BBLs468 MCFMar 2026
KathyFayette County, TX19 BBLs364 MCFMar 2026
KoenigFayette County, TX0 BBLs0 MCFMar 2026
KristinaFayette County, TX39 BBLs1,676 MCFMar 2026
LevienFayette County, TX0 BBLs46 MCFMar 2026
MattinglyFayette County, TX0 BBLs102 MCFMar 2026
NorthrupFayette County, TX33 BBLs1,258 MCFMar 2026
RamseyFayette County, TX31 BBLs974 MCFMar 2026
Rio Lobo UnitFayette County, TX59 BBLs4,218 MCFMar 2026
RWR UnitFayette County, TX0 BBLs0 MCFMar 2026
SchuhmacherFayette County, TX0 BBLs0 MCFJan 2026
VictoriaFayette County, TX311 BBLs1,405 MCFMar 2026

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
03-24956SCHMIDTJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 2025MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2025MAGNOLIA OIL & GAS OPERATING LLC
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 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24956SCHMIDTApr 2024MAGNOLIA OIL & GAS OPERATING LLC