Jet Unit

Oil & Gas Property in Grimes County, TX

Property Summary

Key data points for Jet Unit

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJul 1999 - Sep 2025
Total Oil Production74 BBLs
Total Gas Production5,745,945 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production2,349 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Jet Unit

ShaleAssessment

Not Available

MarketMultiple

$11,992 **

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

Based on a decimal interest

Jet Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Jet Unit
from Jul 1999 to Sep 2025

Wells on Jet Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30651JET UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.466790-95.906386
42-185-30718JET UNIT 3MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.473528-95.901973

Leases included in Jet Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-173796JET UNIT 1MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-249822JET UNIT 3MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the Jet Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs0 MCFJan 2025
Bosse A. B. 1HGrimes County, TX1 BBLs4,935 MCFSep 2025
BroncoGrimes County, TX0 BBLs6,777 MCFSep 2025
Champion 1Grimes County, TX0 BBLs0 MCFApr 2025
Edge GordonGrimes County, TX1 BBLs4,647 MCFSep 2025
FreemanGrimes County, TX0 BBLs1,854 MCFSep 2025
Goodrich 1Grimes County, TX1 BBLs6,616 MCFSep 2025
Haynie Jeff Company Unit 1HGrimes County, TX1 BBLs7,865 MCFSep 2025
HeymanGrimes County, TX0 BBLs478 MCFSep 2025
MarlinGrimes County, TX0 BBLs0 MCFJan 2025
N. T. BreauxGrimes County, TX0 BBLs0 MCFJul 2025
Packer 1Grimes County, TX1 BBLs5,378 MCFSep 2025
PatriotGrimes County, TX429 BBLs248 MCFAug 2025
RangerGrimes County, TX0 BBLs3,792 MCFSep 2025
RocketGrimes County, TX0 BBLs3,688 MCFSep 2025
Rulemaker UnitGrimes County, TX98 BBLs0 MCFAug 2025
ThomasGrimes County, TX0 BBLs1,468 MCFSep 2025
VictoryGrimes County, TX0 BBLs3,830 MCFSep 2025
WalkoviakGrimes County, TX749 BBLs0 MCFAug 2025
WranglerGrimes County, TX0 BBLs1,659 MCFSep 2025

Owners of Jet Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATING LLCJET UNIT #3MAGNOLIA OIL &
2025MAGNOLIA OIL & GAS OPERATING LLCJET UNIT W#1MAGNOLIA OIL &
2025MAGNOLIA OIL & GAS OPERATING LLCJET UNIT #3MAGNOLIA OIL &
2025BLACK STONE MINERALS COMPANY LPJET UNIT W#1MAGNOLIA OIL &
2025SHAFTER LAKE ROYALTYJET UNIT W#1MAGNOLIA OIL &
2025BAILEY, JOANNE JJET UNIT W#1MAGNOLIA OIL &
2025WILLIAMS, BILLY JJET UNIT W#1MAGNOLIA OIL &
2025GRISHAM, G R, JRJET UNIT W#1MAGNOLIA OIL &
Displaying 8 of 216 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Jet Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-173796JET UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-249822JET UNIT 3Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173796JET UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC