Velmer Mae

Oil & Gas Property in Grimes County, TX

  2. Texas
  3. Grimes County, TX
  4. Oil & Gas Properties in Grimes County, TX
  5. Velmer Mae Oil & Gas Property

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Property Summary

Key data points for Velmer Mae

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 1997 - Mar 2026
Total Oil Production10,313 BBLs
Total Gas Production8,460,312 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production2,548 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Velmer Mae

ShaleAssessment™

$9,515 *

MarketMultiple™

$16,953 **

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

Based on a decimal interest

Velmer Mae Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Velmer Mae
from Jun 1997 to Mar 2026

Wells on Velmer Mae

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30615VELMER MAE 1MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.556541-95.960650
42-185-30626VELMER MAE 2MAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.546640-95.957112

Leases included in Velmer Mae

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-163801VELMER MAE 1MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-165321VELMER MAE 2MAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the Velmer Mae property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs0 MCFSep 2025
Bay 1HGrimes County, TX1 BBLs2,828 MCFMar 2026
BettyGrimes County, TX0 BBLs2,535 MCFMar 2026
BoatwrightGrimes County, TX0 BBLs0 MCFOct 2024
BroncoGrimes County, TX0 BBLs5,807 MCFMar 2026
Calhoun F. DGrimes County, TX0 BBLs706 MCFMar 2026
CarmenGrimes County, TX0 BBLs3,206 MCFMar 2026
Champion 1Grimes County, TX0 BBLs1,560 MCFFeb 2026
Edge GordonGrimes County, TX1 BBLs4,971 MCFMar 2026
Ephraim OlGrimes County, TX0 BBLs2,334 MCFMar 2026
FreemanGrimes County, TX0 BBLs1,939 MCFMar 2026
HaynieGrimes County, TX0 BBLs8,994 MCFMar 2026
HeymanGrimes County, TX0 BBLs0 MCFMar 2026
Jet UnitGrimes County, TX0 BBLs2,901 MCFMar 2026
PeachGrimes County, TX12 BBLs76 MCFMar 2026
RangerGrimes County, TX2 BBLs2,454 MCFMar 2026
RocketGrimes County, TX0 BBLs3,279 MCFMar 2026
Uriah OlGrimes County, TX0 BBLs611 MCFMar 2026
VictoryGrimes County, TX0 BBLs3,423 MCFMar 2026
WranglerGrimes County, TX0 BBLs1,700 MCFMar 2026

Companies in the Area

These are the closest 9 companies operating near the Velmer Mae property.

Company Name
Akg Operating Company
Arco Oil & Gas Company
Chesapeake Operating, Inc.
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
One World Operating, LLC
Proline Energy Resources Inc
Stroud Oil Properties, Inc.
Torch Operating Company

Owners of Velmer Mae

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATING LLCVELMER MAE W#1MAGNOLIA OIL &
2025BRACEWELL, BRADLEY F, JRVELMER MAE W#1MAGNOLIA OIL &
2025PHILLIPS, MARILYN BRACEWELLVELMER MAE W#1MAGNOLIA OIL &
2025MAGNOLIA OIL & GAS OPERATING LLCVELMER MAE W#2MAGNOLIA OIL &
2025YANCHAK, EUGENE TVELMER MAE W#1MAGNOLIA OIL &
2025CHR INTERESTS LLCVELMER MAE W#1MAGNOLIA OIL &
2025STATHAM KENVELMER MAE W#1MAGNOLIA OIL &
2025STATHAM STEPHEN DOUGLASVELMER MAE W#1MAGNOLIA OIL &
Displaying 8 of 55 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Velmer Mae

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-163801VELMER MAE 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Nov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Nov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Apr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Apr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLC