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 - Apr 2026
Total Oil Production139,768 BBLs
Total Gas Production18,159,448 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production261 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Wellman

ShaleAssessment

$39 *

MarketMultiple

$969 **

* 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
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to oil and gas production for Wellman
from Mar 1994 to Apr 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 BBLs1,871 MCFApr 2026
Bay 1HGrimes County, TX0 BBLs2,798 MCFApr 2026
Beard OlGrimes County, TX2 BBLs1,317 MCFApr 2026
BettyGrimes County, TX0 BBLs2,781 MCFApr 2026
BoatwrightGrimes County, TX0 BBLs0 MCFOct 2024
Calhoun F. DGrimes County, TX0 BBLs614 MCFApr 2026
CarmenGrimes County, TX0 BBLs3,470 MCFApr 2026
Ephraim OlGrimes County, TX0 BBLs2,227 MCFApr 2026
Franks OlGrimes County, TX0 BBLs21 MCFApr 2026
LanicekGrimes County, TX0 BBLs416 MCFApr 2026
Mancuso UnitBrazos County, TX0 BBLs1,535 MCFApr 2026
McGee OlGrimes County, TX0 BBLs0 MCFJan 2024
MoodyGrimes County, TX13 BBLs1,310 MCFApr 2026
Myers CattleBrazos County, TX2 BBLs1,885 MCFApr 2026
O Brien DLGrimes County, TX0 BBLs0 MCFJan 2024
PasketGrimes County, TX54 BBLs2,776 MCFApr 2026
Que PasaGrimes County, TX0 BBLs0 MCFMay 2023
SandersGrimes County, TX67 BBLs2,806 MCFApr 2026
SNR OlGrimes County, TX0 BBLs209 MCFApr 2026
Stanley OlGrimes County, TX0 BBLs470 MCFApr 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
03-149289WELLMAN OL 1HJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HDec 2025MAGNOLIA OIL & GAS OPERATING LLC
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