Zircon Unit 1

Oil & Gas Property in Fayette County, TX

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

Map of Wells Full Screen Map

Property Summary

Key data points for Zircon Unit 1

CountyFayette County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesOct 1995 - Jun 2026
Total Oil Production550,122 BBLs
Total Gas Production5,955,649 MCF
Recent Oil Production250 BBLs in May 2026
Recent Gas Production4,336 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Zircon Unit 1

ShaleAssessment™

$18,060 *

MarketMultiple™

$36,478 **

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

Based on a decimal interest

Zircon Unit 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Zircon Unit 1
from Oct 1995 to Jun 2026

Wells on Zircon Unit 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-32988ZIRCON UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingFayette County, TX30.030282-96.805101

Leases included in Zircon Unit 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-157312ZIRCON UNIT 1MAGNOLIA OIL & GAS OPERATING LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Zircon Unit 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bauer UnitFayette County, TX63 BBLs510 MCFJun 2026
DebakeyFayette County, TX69 BBLs1,691 MCFJun 2026
Dusek UnitFayette County, TX45 BBLs352 MCFJun 2026
Frank RauchFayette County, TX431 BBLs1,837 MCFJun 2026
KasparFayette County, TX0 BBLs0 MCFJan 2017
KathyFayette County, TX0 BBLs785 MCFJun 2026
Ora Nell UnitFayette County, TX283 BBLs3,394 MCFJun 2026
Pandora UnitFayette County, TX761 BBLs1,364 MCFJun 2026
Pietsch-Zingelmann UnitFayette County, TX42 BBLs23 MCFJun 2026
Porter MurphyFayette County, TX469 BBLs3,608 MCFJun 2026
Pyrite UnitFayette County, TX223 BBLs5,968 MCFJun 2026
RamseyFayette County, TX28 BBLs1,194 MCFJun 2026
Schoenemann UnitFayette County, TX0 BBLs49 MCFJun 2026
SchultzFayette County, TX14 BBLs148 MCFJun 2026
SolomonFayette County, TX2 BBLs0 MCFJun 2026
SpeckelsFayette County, TX0 BBLs3,344 MCFJun 2026
Tooth Four H04STFayette County, TX3,298 BBLs36,807 MCFJun 2026
Tooth Six H06STFayette County, TX3,278 BBLs50,162 MCFJun 2026
Tooth Two H02STFayette County, TX4,706 BBLs38,098 MCFJun 2026
WeimanFayette County, TX243 BBLs3,956 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Zircon Unit 1 property.

Company Name
Alexander Energy Corporation
Aop Operating Corporation
Browning Oil Company, Inc.
Gemini Exploration Company
Geosouthern Energy Corporation
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
Par Producing Company
Patterson Petroleum, Inc.
Sage Energy Company
Sandel Operating Company
Tex-Lee Operating Company
Torch Operating Company
U. S. Operating, Inc.
Union Pacific Resources Co.
WCS Oil & Gas Corporation
Weber Energy Corporation
Wildfire Energy Operating LLC
Young, John H., Inc.

Owners of Zircon Unit 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MAGNOLIA OIL & GAS OPERATINGZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026MAGNOLIA OIL & GAS OPERATINGZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026HENDERSON GILBERTZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026BAUER BETTY JANEZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026SMITH MARY ANN STRECKERZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026SCHUSTER JESSE DZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026SCHUSTER LEE ROYE & EVELYN M PZIRCON UNIT W#1MAGNOLIA OIL & GAS
2026MEINERS MINERALS PRTNRS I LTDZIRCON UNIT W#1MAGNOLIA OIL & GAS
Displaying 8 of 89 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Zircon Unit 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-157312ZIRCON UNIT 1May 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1May 2026SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1May 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Apr 2026SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Apr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Mar 2026SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Mar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Feb 2026SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Feb 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Jan 2026SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Dec 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Nov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Jul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Jun 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Jun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1May 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1May 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1May 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157312ZIRCON UNIT 1Apr 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC