Wellman

Oil & Gas Property in Grimes County, TX

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

Map of Wells Full Screen Map

Property Summary

Key data points for Wellman

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1994 - Jun 2026
Total Oil Production139,768 BBLs
Total Gas Production18,159,826 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for Wellman

ShaleAssessment™

$38 *

MarketMultiple™

$968 **

* 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 Jun 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 NameOperatorCounty
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 BBLs1,699 MCFJun 2026
Bay 1HGrimes County, TX0 BBLs1,412 MCFJun 2026
Beard OlGrimes County, TX2 BBLs1,244 MCFJun 2026
BettyGrimes County, TX0 BBLs2,685 MCFJun 2026
BoatwrightGrimes County, TX0 BBLs0 MCFOct 2024
Calhoun F. DGrimes County, TX0 BBLs525 MCFJun 2026
CarmenGrimes County, TX0 BBLs3,630 MCFJun 2026
Ephraim OlGrimes County, TX0 BBLs2,200 MCFJun 2026
Franks OlGrimes County, TX0 BBLs38 MCFJun 2026
FreemanGrimes County, TX0 BBLs1,899 MCFJun 2026
LanicekGrimes County, TX0 BBLs399 MCFJun 2026
Mancuso UnitBrazos County, TX0 BBLs1,407 MCFJun 2026
McGee OlGrimes County, TX0 BBLs0 MCFJan 2024
MoodyGrimes County, TX0 BBLs147 MCFJun 2026
Myers CattleBrazos County, TX1 BBLs1,307 MCFJun 2026
O Brien DLGrimes County, TX0 BBLs0 MCFJan 2024
PasketGrimes County, TX25 BBLs2,290 MCFJun 2026
Que PasaGrimes County, TX0 BBLs0 MCFMay 2023
SandersGrimes County, TX26 BBLs1,158 MCFJun 2026
Stanley OlGrimes County, TX0 BBLs563 MCFJun 2026

Companies in the Area

These are the closest 12 companies operating near the Wellman property.

Company Name
Apache Corporation
Bexco Operating, Inc.
Chesapeake Operating, Inc.
Magnolia Oil & Gas Operating LLC
Nuevo Energy Company
Proline Energy Resources Inc
Redbud E & P, Inc.
Southwest Resources, Inc.
Stroud Oil Properties, Inc.
Torch Operating Company
Westpark Petroleum, Inc.
Wildfire Energy Operating LLC

Owners of Wellman

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MAGNOLIA OIL & GAS OPERATING LLCWELLMAN W#2HMAGNOLIA OIL &
2026MAGNOLIA OIL & GAS OPERATING LLCWELLMAN W#2HMAGNOLIA OIL &
2026WELLMAN, GERALD L & MARSHAWELLMAN W#2HMAGNOLIA OIL &
2026SHRINERS HOSPITAL FOR CHILDRENWELLMAN W#2HMAGNOLIA OIL &
2026JOHNSON VERNON AWELLMAN W#2HMAGNOLIA OIL &
2026KOPYCINSKI, LARRYWELLMAN W#2HMAGNOLIA OIL &
2026HICKSON JERRYWELLMAN W#2HMAGNOLIA OIL &
2026NEW AGE ENERGY INCWELLMAN 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 2HApr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-149289WELLMAN OL 1HMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HFeb 2026MAGNOLIA OIL & GAS OPERATING LLC
03-149289WELLMAN OL 1HFeb 2026MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-149289WELLMAN OL 1HJan 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