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

County,
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesNov 2007 - Feb 2025
Total Oil Production238 BBLs
Total Gas Production6,484,983 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production6,824 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for West Richards Unit 1H

ShaleAssessment™

$29,845 *

MarketMultiple™

$28,381 **

* 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 Feb 2025

Wells on West Richards Unit 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,

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 19 properties to the West Richards Unit 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs902 MCFJan 2025
BroncoGrimes County, TX0 BBLs6,200 MCFFeb 2025
Champion 1Grimes County, TX0 BBLs0 MCFDec 2024
East Richards Unit 1HGrimes County, TX0 BBLs6,495 MCFFeb 2025
Goodrich 1Grimes County, TX1 BBLs6,058 MCFFeb 2025
HaynieGrimes County, TX0 BBLs13,189 MCFFeb 2025
Haynie Jeff Company Unit 1HGrimes County, TX3 BBLs8,406 MCFFeb 2025
HeymanGrimes County, TX0 BBLs499 MCFFeb 2025
Jet UnitGrimes County, TX0 BBLs2,891 MCFFeb 2025
KeislerGrimes County, TX4 BBLs12,380 MCFFeb 2025
Lake Creek Unit 1HGrimes County, TX0 BBLs7,346 MCFFeb 2025
Longstreet Unit 1HMontgomery County, TX1 BBLs15,473 MCFFeb 2025
MarlinGrimes County, TX0 BBLs8,339 MCFJan 2025
RangerGrimes County, TX0 BBLs4,153 MCFFeb 2025
RocketGrimes County, TX2 BBLs5,701 MCFFeb 2025
Sanders Unit 1HGrimes County, TX0 BBLs6,218 MCFFeb 2025
ThomasGrimes County, TX0 BBLs1,747 MCFFeb 2025
VictoryGrimes County, TX0 BBLs4,814 MCFFeb 2025
WranglerGrimes County, TX0 BBLs2,746 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the West Richards Unit 1H property.

Company Name

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