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

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Property Summary

Key data points for Wellman

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1994 - Sep 2025
Total Oil Production139,768 BBLs
Total Gas Production18,157,903 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production288 MCF in Aug 2025
Wells on Property3

Our Valuation Estimates for Wellman

ShaleAssessment™

$43 *

MarketMultiple™

$2,418 **

* 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 Sep 2025

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 BBLs1,108 MCFSep 2025
Bay 1HGrimes County, TX0 BBLs3,272 MCFSep 2025
Beard OlGrimes County, TX1 BBLs1,445 MCFSep 2025
BettyGrimes County, TX0 BBLs2,864 MCFSep 2025
BoatwrightGrimes County, TX0 BBLs0 MCFOct 2024
Calhoun F. DGrimes County, TX0 BBLs1,256 MCFSep 2025
CarmenGrimes County, TX0 BBLs3,450 MCFSep 2025
Ephraim OlGrimes County, TX1 BBLs2,522 MCFSep 2025
Franks OlGrimes County, TX0 BBLs203 MCFSep 2025
LanicekGrimes County, TX1 BBLs411 MCFSep 2025
Mancuso UnitBrazos County, TX0 BBLs52 MCFSep 2025
McGee OlGrimes County, TX0 BBLs0 MCFJan 2024
MoodyGrimes County, TX2 BBLs1,416 MCFSep 2025
Myers CattleBrazos County, TX8 BBLs1,607 MCFSep 2025
O Brien DLGrimes County, TX0 BBLs0 MCFJan 2024
PasketGrimes County, TX30 BBLs3,628 MCFSep 2025
Que PasaGrimes County, TX0 BBLs0 MCFMay 2023
RobinsonGrimes County, TX0 BBLs0 MCFOct 2024
SandersGrimes County, TX0 BBLs885 MCFSep 2025
Stanley OlGrimes County, TX1 BBLs1,834 MCFSep 2025

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
One World Operating, LLC
Proline Energy Resources Inc
Redbud E & P, 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
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 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
03-157026WELLMAN 2HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-157026WELLMAN 2HMar 2023MAGNOLIA OIL & GAS OPERATING LLC