Velmer Mae

Gas Property in Grimes County, TX

Property Summary

Key data points for Velmer Mae

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 1997 - Feb 2022
Total Oil Production0 BBLs
Total Gas Production8,299,855 MCF
Recent Oil Production0 BBLs in Jan 2022
Recent Gas Production4,127 MCF in Jan 2022
Wells on Property2

Our Valuation Estimates for Velmer Mae

ShaleAssessment

$17,856 *

MarketMultiple

$23,108 **

* 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 Feb 2022

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 BBLs1,911 MCFJan 2022
Bay 1HGrimes County, TX0 BBLs3,263 MCFFeb 2022
BettyGrimes County, TX0 BBLs5,687 MCFFeb 2022
BoatwrightGrimes County, TX0 BBLs548 MCFFeb 2022
Bosse A. B. 1HGrimes County, TX0 BBLs4,993 MCFFeb 2022
Calhoun F. DGrimes County, TX0 BBLs1,550 MCFFeb 2022
Claire Ol 1HGrimes County, TX0 BBLs5,922 MCFFeb 2022
Edge GordonGrimes County, TX0 BBLs5,808 MCFFeb 2022
FreemanGrimes County, TX0 BBLs4,277 MCFFeb 2022
Gibbons CreekGrimes County, TX0 BBLs0 MCFOct 2009
HaynieGrimes County, TX0 BBLs14,896 MCFFeb 2022
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs12,229 MCFFeb 2022
HeymanGrimes County, TX0 BBLs621 MCFFeb 2022
HollisterGrimes County, TX0 BBLs0 MCFFeb 2022
KennardGrimes County, TX0 BBLs0 MCFOct 2013
MC Cune 1HGrimes County, TX0 BBLs7,932 MCFFeb 2022
Packer 1Grimes County, TX0 BBLs6,107 MCFFeb 2022
PeachGrimes County, TX0 BBLs60 MCFFeb 2022
RangerGrimes County, TX0 BBLs5,949 MCFFeb 2022
Uriah OlGrimes County, TX0 BBLs422 MCFFeb 2022

Owners of Velmer Mae

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2021MAGNOLIA OIL & GAS OPERATING LLCVELMER MAE W#2MAGNOLIA OIL &
2021BRACEWELL, FENTRESSVELMER MAE W#2MAGNOLIA OIL &
2021EXXON MOBIL CORPORATIONVELMER MAE W#2MAGNOLIA OIL &
2021BRACEWELL, BRADLEY F, JRVELMER MAE W#1MAGNOLIA OIL &
2021PHILLIPS, MARILYN BRACEWELLVELMER MAE W#1MAGNOLIA OIL &
2021MAGNOLIA OIL & GAS OPERATING LLCVELMER MAE W#1MAGNOLIA OIL &
2021YANCHAK, EUGENE TVELMER MAE W#2MAGNOLIA OIL &
2021YANCHAK, EUGENE TVELMER MAE W#1MAGNOLIA OIL &
Displaying 8 of 44 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 1Dec 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Dec 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Nov 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Nov 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Oct 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Oct 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Sep 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Sep 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Aug 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Aug 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jul 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jul 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jun 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jun 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2May 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1May 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Apr 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Apr 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Mar 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Mar 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Feb 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Feb 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jan 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jan 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Dec 2020MAGNOLIA OIL & GAS OPERATING LLC