East Richards Unit 1H

Oil & Gas Property in Grimes County, TX

Property Summary

Key data points for East Richards Unit 1H

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesFeb 2008 - Dec 2023
Total Oil Production218 BBLs
Total Gas Production3,357,310 MCF
Recent Oil Production1 BBLs in Nov 2023
Recent Gas Production9,633 MCF in Nov 2023
Wells on Property1

Our Valuation Estimates for East Richards Unit 1H

ShaleAssessment

$22,428 *

MarketMultiple

$22,148 **

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

Based on a decimal interest

East Richards Unit 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for East Richards Unit 1H
from Feb 2008 to Dec 2023

Wells on East Richards Unit 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30724EAST RICHARDS UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.545595-95.826617

Leases included in East Richards Unit 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-236334EAST RICHARDS UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 16 properties to the East Richards Unit 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs2,355 MCFDec 2023
BroncoGrimes County, TX1 BBLs3,736 MCFDec 2023
Champion 1Grimes County, TX0 BBLs2,745 MCFDec 2023
HaynieGrimes County, TX1 BBLs16,312 MCFDec 2023
Haynie Jeff Company Unit 1HGrimes County, TX1 BBLs8,500 MCFDec 2023
Jet UnitGrimes County, TX1 BBLs4,192 MCFDec 2023
KeislerGrimes County, TX1 BBLs14,377 MCFDec 2023
Lake Creek Unit 1HGrimes County, TX0 BBLs9,607 MCFDec 2023
Longstreet Unit 1HMontgomery County, TX0 BBLs15,907 MCFDec 2023
MarlinGrimes County, TX0 BBLs10,157 MCFDec 2023
RangerGrimes County, TX0 BBLs4,333 MCFDec 2023
RocketGrimes County, TX0 BBLs7,570 MCFDec 2023
ThomasGrimes County, TX0 BBLs1,516 MCFDec 2023
VictoryGrimes County, TX0 BBLs5,604 MCFDec 2023
West Richards Unit 1HGrimes County, TX1 BBLs10,529 MCFDec 2023
WranglerGrimes County, TX0 BBLs2,660 MCFDec 2023

Companies in the Area

These are the closest 6 companies operating near the East Richards Unit 1H property.

Company Name
Akg Operating Company
Arco Oil & Gas Company
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
One World Operating, LLC
Seneca Resources Corporation

Owners of East Richards Unit 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATING LLCEAST RICHARDS UNIT 1HMAGNOLIA OIL &
2023MAGNOLIA OIL & GAS OPERATINGEAST RICHARDS UNIT 1HENERVEST OPERATING
2023WALKER, VIVIAN EXEMPT TRUSTEAST RICHARDS UNIT 1HMAGNOLIA OIL &
2023IMPERIAL OIL COMPANYEAST RICHARDS UNIT 1HMAGNOLIA OIL &
2023EXXON MOBIL CORPORATIONEAST RICHARDS UNIT 1HMAGNOLIA OIL &
2023BURZYNSKI, LOUKATTIEEAST RICHARDS UNIT 1HMAGNOLIA OIL &
2023WALKER VIVAN EXEMPT TRUSTEAST RICHARDS UNIT 1HENERVEST OPERATING
2023MAGNOLIA OIL & GAS OPERATING LLCEAST RICHARDS UNIT 1HMAGNOLIA OIL &
Displaying 8 of 115 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on East Richards Unit 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-236334EAST RICHARDS UNIT 1HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HNov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HSep 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HAug 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HJul 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HJun 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HMay 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HApr 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HMar 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HFeb 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HJan 2022MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HDec 2021MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HNov 2021MAGNOLIA OIL & GAS OPERATING LLC
03-236334EAST RICHARDS UNIT 1HOct 2021MAGNOLIA OIL & GAS OPERATING LLC