Weigelt 1

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Weigelt 1

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesAug 1999 - Apr 2025
Total Oil Production42,694 BBLs
Total Gas Production3,558,791 MCF
Recent Oil Production95 BBLs in Mar 2025
Recent Gas Production9,540 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Weigelt 1

ShaleAssessment

$1,117 *

MarketMultiple

$45,731 **

* 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 Apr 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 Oil Prod.Monthly 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, TX111 BBLs3,761 MCFApr 2025
BrittaFayette County, TX62 BBLs1,474 MCFApr 2025
Frannie Unit 1HFayette County, TX401 BBLs19,570 MCFApr 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs326 MCFApr 2025
JasperFayette County, TX0 BBLs385 MCFApr 2025
KoenigFayette County, TX0 BBLs148 MCFApr 2025
KrauseFayette County, TX16 BBLs1,270 MCFApr 2025
KristinaFayette County, TX73 BBLs1,525 MCFApr 2025
LevienFayette County, TX0 BBLs248 MCFApr 2025
Meinen-Ol UnitFayette County, TX16 BBLs4,504 MCFApr 2025
NorthrupFayette County, TX48 BBLs1,478 MCFApr 2025
Rio BravoFayette County, TX0 BBLs644 MCFApr 2025
Rio Lobo UnitFayette County, TX50 BBLs4,873 MCFApr 2025
RWR UnitFayette County, TX0 BBLs0 MCFApr 2025
SchmidtFayette County, TX1 BBLs1,087 MCFApr 2025
SchuhmacherFayette County, TX1 BBLs0 MCFApr 2025
WagnerFayette County, TX1 BBLs142 MCFApr 2025
Wolff Unit 1HFayette County, TX409 BBLs26,620 MCFApr 2025
Zuehlke UnitFayette County, TX0 BBLs433 MCFApr 2025

Owners of Weigelt 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGWEIGELT W#1MAGNOLIA OIL & GAS

Oil & Gas Sales on Weigelt 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
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
03-174383WEIGELT 1Mar 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Feb 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Feb 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 2025ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Dec 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Dec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Dec 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Nov 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2024ET GATHERING & PROCESSING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-174383WEIGELT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC