Lake Creek Unit 1H

Oil & Gas Property in Grimes County, TX

Property Summary

Key data points for Lake Creek Unit 1H

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesDec 2006 - Dec 2023
Total Oil Production172 BBLs
Total Gas Production6,028,519 MCF
Recent Oil Production0 BBLs in Nov 2023
Recent Gas Production9,607 MCF in Nov 2023
Wells on Property1

Our Valuation Estimates for Lake Creek Unit 1H

ShaleAssessment

$38,299 *

MarketMultiple

$28,161 **

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

Based on a decimal interest

Lake Creek 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 Lake Creek Unit 1H
from Dec 2006 to Dec 2023

Wells on Lake Creek Unit 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30709LAKE CREEK UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.533665-95.826099

Leases included in Lake Creek Unit 1H

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-232242LAKE CREEK UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 16 properties to the Lake Creek 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
East Richards Unit 1HGrimes County, TX1 BBLs9,633 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
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 Lake Creek 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 Lake Creek Unit 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATING LLCLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023THOMAS, WILLIAM P JRLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023MAPFCB13-NETLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023SAM HOUSTON STATE UNIVERSITYLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023MAGNOLIA OIL & GAS OPERATING LLCLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023UNION FCB TEXAS LTDLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023CENTURY 2000 ROYALTY PTSHPLAKE CREEK UNIT 1HMAGNOLIA OIL &
2023HURLEY TEXAS ROYALTY PARTNERSHIPLAKE CREEK UNIT 1HMAGNOLIA OIL &
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Lake Creek Unit 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-232242LAKE CREEK UNIT 1HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HNov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HSep 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HAug 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HJul 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HJun 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HMay 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HApr 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HMar 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HFeb 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HJan 2022MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HDec 2021MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HNov 2021MAGNOLIA OIL & GAS OPERATING LLC
03-232242LAKE CREEK UNIT 1HOct 2021MAGNOLIA OIL & GAS OPERATING LLC