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 - Jun 2025
Total Oil Production42,836 BBLs
Total Gas Production3,574,929 MCF
Recent Oil Production79 BBLs in May 2025
Recent Gas Production8,522 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Weigelt 1

ShaleAssessment™

$1,093 *

MarketMultiple™

$52,704 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Weigelt 1
from Aug 1999 to Jun 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, TX62 BBLs2,721 MCFJun 2025
BrittaFayette County, TX36 BBLs1,693 MCFJun 2025
Frannie Unit 1HFayette County, TX311 BBLs15,819 MCFJun 2025
G&W UnitFayette County, TX0 BBLs0 MCFSep 2004
Grace UnitFayette County, TX0 BBLs295 MCFJun 2025
JasperFayette County, TX41 BBLs501 MCFJun 2025
KoenigFayette County, TX0 BBLs148 MCFJun 2025
KrauseFayette County, TX19 BBLs1,304 MCFJun 2025
KristinaFayette County, TX0 BBLs1,852 MCFJun 2025
LevienFayette County, TX0 BBLs56 MCFJun 2025
Meinen-Ol UnitFayette County, TX18 BBLs4,510 MCFJun 2025
NorthrupFayette County, TX25 BBLs1,317 MCFJun 2025
Rio BravoFayette County, TX0 BBLs937 MCFJun 2025
Rio Lobo UnitFayette County, TX53 BBLs5,122 MCFJun 2025
RWR UnitFayette County, TX0 BBLs0 MCFJun 2025
SchmidtFayette County, TX0 BBLs1,090 MCFJun 2025
SchuhmacherFayette County, TX2 BBLs0 MCFMay 2025
WagnerFayette County, TX0 BBLs109 MCFJun 2025
Wolff Unit 1HFayette County, TX416 BBLs25,800 MCFJun 2025
Zuehlke UnitFayette County, TX0 BBLs434 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Weigelt 1 property.

Company Name
Apache Corporation
Dallas Petroleum Group, LLC
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
Paleo Oil Company LLC
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 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