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 - Aug 2021
Total Oil Production0 BBLs
Total Gas Production8,276,530 MCF
Recent Oil Production0 BBLs in Jul 2021
Recent Gas Production2,845 MCF in Jul 2021
Wells on Property2

Our Valuation Estimates for Velmer Mae

ShaleAssessment

$19,321 *

MarketMultiple

$17,709 **

* 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 Aug 2021

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 BBLs1,943 MCFAug 2021
Bay 1HGrimes County, TX0 BBLs3,191 MCFAug 2021
BettyGrimes County, TX0 BBLs4,860 MCFAug 2021
BoatwrightGrimes County, TX0 BBLs1,029 MCFAug 2021
Bosse A. B. 1HGrimes County, TX0 BBLs5,170 MCFAug 2021
BroncoGrimes County, TX0 BBLs7,118 MCFAug 2021
Calhoun F. DGrimes County, TX0 BBLs696 MCFAug 2021
Edge GordonGrimes County, TX0 BBLs8,314 MCFAug 2021
FreemanGrimes County, TX0 BBLs5,702 MCFAug 2021
Gibbons CreekGrimes County, TX0 BBLs0 MCFOct 2009
HaynieGrimes County, TX0 BBLs15,407 MCFAug 2021
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs10,003 MCFAug 2021
HeymanGrimes County, TX0 BBLs838 MCFAug 2021
HollisterGrimes County, TX0 BBLs106 MCFAug 2021
KennardGrimes County, TX0 BBLs0 MCFOct 2013
MC Cune 1HGrimes County, TX0 BBLs7,129 MCFAug 2021
Packer 1Grimes County, TX0 BBLs6,253 MCFAug 2021
RangerGrimes County, TX0 BBLs5,950 MCFAug 2021
Uriah OlGrimes County, TX0 BBLs971 MCFAug 2021
VictoryGrimes County, TX0 BBLs5,129 MCFAug 2021

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 1Jul 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jul 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jun 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jun 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1May 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2May 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
03-163801VELMER MAE 1Feb 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Feb 2021MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Jan 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jan 2021MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Dec 2020MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Dec 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Nov 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Oct 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Sep 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Aug 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jul 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Jun 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1May 2020MAGNOLIA OIL & GAS OPERATING LLC
03-163801VELMER MAE 1Apr 2020MAGNOLIA OIL & GAS OPERATING LLC
03-165321VELMER MAE 2Apr 2020MAGNOLIA OIL & GAS OPERATING LLC