Weigelt 1

Oil & Gas Property in Fayette County, TX

  2. Texas
  3. Fayette County, TX
  4. Oil & Gas Properties in Fayette County, TX
  5. Weigelt 1 Oil & Gas Property

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Property Summary

Key data points for Weigelt 1

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesAug 1999 - Nov 2025
Total Oil Production42,903 BBLs
Total Gas Production3,597,112 MCF
Recent Oil Production0 BBLs in Oct 2025
Recent Gas Production3,756 MCF in Oct 2025
Wells on Property1

Our Valuation Estimates for Weigelt 1

ShaleAssessment™

$1,030 *

MarketMultiple™

$28,530 **

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

Based on a decimal interest

Weigelt 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Weigelt 1
from Aug 1999 to Nov 2025

Wells on Weigelt 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-33091WEIGELT 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.052272-96.694051

Leases included in Weigelt 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-174383WEIGELT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Weigelt 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrew Jacob UnitFayette County, TX0 BBLs1,969 MCFNov 2025
BrittaFayette County, TX0 BBLs10 MCFOct 2025
Elo 1reFayette County, TX21 BBLs2,186 MCFNov 2025
Frannie Unit 1HFayette County, TX303 BBLs14,342 MCFNov 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Garnet Unit 1Fayette County, TX0 BBLs2,528 MCFNov 2025
Grace UnitFayette County, TX0 BBLs284 MCFNov 2025
JasperFayette County, TX96 BBLs725 MCFNov 2025
KoenigFayette County, TX20 BBLs395 MCFNov 2025
KrauseFayette County, TX0 BBLs566 MCFNov 2025
KristinaFayette County, TX5 BBLs1,560 MCFNov 2025
LevienFayette County, TX13 BBLs96 MCFNov 2025
Rio BravoFayette County, TX0 BBLs1,187 MCFNov 2025
Rio Lobo UnitFayette County, TX57 BBLs5,013 MCFNov 2025
RWR UnitFayette County, TX0 BBLs138 MCFNov 2025
SchmidtFayette County, TX0 BBLs432 MCFNov 2025
SchuhmacherFayette County, TX0 BBLs0 MCFJul 2025
WagnerFayette County, TX0 BBLs124 MCFNov 2025
Wolff Unit 1HFayette County, TX348 BBLs21,442 MCFNov 2025
Zuehlke UnitFayette County, TX0 BBLs590 MCFNov 2025

Companies in the Area

These are the closest 18 companies operating near the Weigelt 1 property.

Company Name
Apache Corporation
Enervest Operating LLC
Gemini Exploration Company
Geosouthern Energy Corporation
Geosouthern Operating II, LLC
Ginger Petroleum Company, Inc.
Goldston Oil Corporation
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
Patterson Petroleum, Inc.
Tana Oil And Gas Corporation
Union Pacific Resources Co.
United Oil & Minerals, Inc.
Verdun Oil & Gas LLC
WCS Oil & Gas Corporation
Wildfire Energy Operating LLC
Young, John H., Inc.

Owners of Weigelt 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGWEIGELT W#1MAGNOLIA OIL & GAS
2025STABLE ENERGY LPWEIGELT W#1MAGNOLIA OIL & GAS
2025RESOURCE MNRLS HEADWATERS IIWEIGELT W#1MAGNOLIA OIL & GAS
2025GARCIA LESLIE SWEIGELT W#1MAGNOLIA OIL & GAS
2025LES REALTY FP LTDWEIGELT W#1MAGNOLIA OIL & GAS
2025SCHLUMBERGER JEANNE CLAIREWEIGELT W#1MAGNOLIA OIL & GAS
2025WEIGELT R BAR RANCH LLCWEIGELT W#1MAGNOLIA OIL & GAS
2025SIPTAK ARTHURWEIGELT W#1MAGNOLIA OIL & GAS
Displaying 8 of 36 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Weigelt 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-174383WEIGELT 1Nov 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Nov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Aug 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jul 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1May 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1May 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Apr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC