West Richards Unit 1H

Oil & Gas Property in Grimes County, TX

  2. Texas
  3. Grimes County, TX
  4. Oil & Gas Properties in Grimes County, TX
  5. West Richards Unit 1H Oil & Gas Property

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Property Summary

Key data points for West Richards Unit 1H

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesNov 2007 - Jan 2025
Total Oil Production238 BBLs
Total Gas Production6,479,322 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production7,849 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for West Richards Unit 1H

ShaleAssessment™

$30,182 *

MarketMultiple™

$26,574 **

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

Based on a decimal interest

West Richards Unit 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for West Richards Unit 1H
from Nov 2007 to Jan 2025

Wells on West Richards Unit 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-185-30720WEST RICHARDS UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingGrimes County, TX30.543914-95.852355

Leases included in West Richards Unit 1H

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-242512WEST RICHARDS UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCGrimes County, TX

Nearby Properties

These are the closest 20 properties to the West Richards Unit 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs898 MCFJan 2025
BroncoGrimes County, TX0 BBLs5,634 MCFJan 2025
Champion 1Grimes County, TX0 BBLs2,362 MCFDec 2024
East Richards Unit 1HGrimes County, TX0 BBLs6,577 MCFJan 2025
Goodrich 1Grimes County, TX0 BBLs6,391 MCFJan 2025
HaynieGrimes County, TX0 BBLs13,588 MCFJan 2025
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs7,379 MCFJan 2025
HeymanGrimes County, TX0 BBLs472 MCFJan 2025
Jet UnitGrimes County, TX0 BBLs2,889 MCFJan 2025
KeislerGrimes County, TX0 BBLs13,181 MCFJan 2025
Lake Creek Unit 1HGrimes County, TX0 BBLs6,275 MCFJan 2025
Longstreet Unit 1HMontgomery County, TX0 BBLs15,457 MCFJan 2025
MarlinGrimes County, TX0 BBLs8,908 MCFJan 2025
Packer 1Grimes County, TX0 BBLs5,299 MCFJan 2025
RangerGrimes County, TX0 BBLs4,172 MCFJan 2025
RocketGrimes County, TX0 BBLs5,003 MCFJan 2025
Sanders Unit 1HGrimes County, TX0 BBLs6,456 MCFJan 2025
ThomasGrimes County, TX0 BBLs1,562 MCFJan 2025
Triumph 1Grimes County, TX0 BBLs5,141 MCFJan 2025
VictoryGrimes County, TX0 BBLs4,672 MCFJan 2025

Companies in the Area

These are the closest 8 companies operating near the West Richards Unit 1H property.

Company Name
Akg Operating Company
Arco Oil & Gas Company
Chesapeake Operating, Inc.
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
One World Operating, LLC
Seneca Resources Corporation
Stroud Oil Properties, Inc.

Owners of West Richards Unit 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024SMITH, BETTY HWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024DEARING, MIKE & PAMWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024LOFLAND, JACKIE SMITHWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024SHOEMAKER, BRYAN & MELODYWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024RIPKOWSKI, FRED J & MARYWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024KAIN JOYCE ANN HENDERSONWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2024SMITH, JOHN ROBERTWEST RICHARDS UNIT #1HMAGNOLIA OIL &
Displaying 8 of 52 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on West Richards Unit 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-242512WEST RICHARDS UNIT 1HSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HDec 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC