Wellman

Oil & Gas Property in Grimes County, TX

Property Summary

Key data points for Wellman

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1994 - Jan 2026
Total Oil Production139,768 BBLs
Total Gas Production18,158,556 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production107 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Wellman

ShaleAssessment

$40 *

MarketMultiple

$1,306 **

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

Based on a decimal interest

Wellman Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Wellman
from Mar 1994 to Jan 2026

Wells on Wellman

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30446WELLMAN OL 1HMAGNOLIA OIL & GAS OPERATING LLCTemp AbandonedGrimes County, TX30.493779-96.082264
42-185-30542WELLMAN 2HMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.492639-96.082094
42-185-30661WELLMAN 3GMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.501057-96.082836

Leases included in Wellman

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-149289WELLMAN OL 1HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-157026WELLMAN 2HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX
03-185584WELLMAN 3GMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the Wellman property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abshire-Selected Lands UnitBrazos County, TX0 BBLs1,980 MCFJan 2026
Bay 1HGrimes County, TX0 BBLs3,130 MCFJan 2026
Beard OlGrimes County, TX1 BBLs1,336 MCFJan 2026
BettyGrimes County, TX0 BBLs2,730 MCFJan 2026
BoatwrightGrimes County, TX0 BBLs0 MCFOct 2024
Calhoun F. DGrimes County, TX0 BBLs826 MCFJan 2026
CarmenGrimes County, TX0 BBLs3,831 MCFJan 2026
Dugger-Smith UnitBrazos County, TX0 BBLs0 MCFSep 2021
Ephraim OlGrimes County, TX0 BBLs2,485 MCFJan 2026
Franks OlGrimes County, TX37 BBLs675 MCFDec 2025
LanicekGrimes County, TX2 BBLs394 MCFJan 2026
Mancuso UnitBrazos County, TX0 BBLs1,833 MCFJan 2026
McGee OlGrimes County, TX0 BBLs0 MCFJan 2024
MoodyGrimes County, TX0 BBLs776 MCFJan 2026
Myers CattleBrazos County, TX0 BBLs1,766 MCFJan 2026
O Brien DLGrimes County, TX0 BBLs0 MCFJan 2024
PasketGrimes County, TX30 BBLs3,017 MCFJan 2026
Que PasaGrimes County, TX0 BBLs0 MCFMay 2023
SandersGrimes County, TX1 BBLs864 MCFJan 2026
Stanley OlGrimes County, TX0 BBLs1,120 MCFJan 2026

Owners of Wellman

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATING LLCWELLMAN W#2HMAGNOLIA OIL &
2025MAGNOLIA OIL & GAS OPERATING LLCWELLMAN W#2HMAGNOLIA OIL &
2025WELLMAN, GERALD L & MARSHAWELLMAN W#2HMAGNOLIA OIL &
2025SHRINERS HOSP FOR CHILDRENWELLMAN W#2HMAGNOLIA OIL &
2025JOHNSON VERNON AWELLMAN W#2HMAGNOLIA OIL &
2025KOPYCINSKI, LARRYWELLMAN W#2HMAGNOLIA OIL &
2025BONEY GRADY LWELLMAN W#2HMAGNOLIA OIL &
2025SCHULZE, EVELYN LEIBERWELLMAN W#2HMAGNOLIA OIL &
Displaying 8 of 20 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Wellman

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-157026WELLMAN 2HNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-149289WELLMAN OL 1HJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMay 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HApr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-149289WELLMAN OL 1HJan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HDec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HNov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HOct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HDec 2023MAGNOLIA OIL & GAS OPERATING LLC