West Richards Unit 1H

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 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 - Feb 2022
Total Oil Production0 BBLs
Total Gas Production6,100,647 MCF
Recent Oil Production0 BBLs in Jan 2022
Recent Gas Production12,341 MCF in Jan 2022
Wells on Property1

Our Valuation Estimates for West Richards Unit 1H

ShaleAssessment™

$46,300 *

MarketMultiple™

$74,716 **

* 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 2022

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 BBLs1,911 MCFJan 2022
Bosse A. B. 1HGrimes County, TX0 BBLs4,993 MCFFeb 2022
BroncoGrimes County, TX0 BBLs9,044 MCFFeb 2022
Champion 1Grimes County, TX0 BBLs3,323 MCFJan 2022
East Richards Unit 1HGrimes County, TX0 BBLs8,095 MCFFeb 2022
Goodrich 1Grimes County, TX0 BBLs7,003 MCFFeb 2022
HaynieGrimes County, TX0 BBLs14,896 MCFFeb 2022
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs12,229 MCFFeb 2022
Hoke-Cole Unit 1HGrimes County, TX0 BBLs4,700 MCFFeb 2022
KeislerGrimes County, TX0 BBLs17,463 MCFFeb 2022
Lake Creek Unit 1HGrimes County, TX0 BBLs9,254 MCFFeb 2022
Longstreet Unit 1HMontgomery County, TX0 BBLs18,873 MCFFeb 2022
MarlinGrimes County, TX0 BBLs8,632 MCFJan 2022
MC Cune 1HGrimes County, TX0 BBLs7,932 MCFFeb 2022
Packer 1Grimes County, TX0 BBLs6,107 MCFFeb 2022
Sanders Unit 1HGrimes County, TX0 BBLs6,587 MCFFeb 2022
ThomasGrimes County, TX0 BBLs2,125 MCFFeb 2022
Triumph 1Grimes County, TX0 BBLs6,458 MCFFeb 2022
VictoryGrimes County, TX0 BBLs7,147 MCFFeb 2022
W.P.T. 1HMontgomery County, TX0 BBLs6,442 MCFFeb 2022

Companies in the Area

These are the closest 7 companies operating near the West Richards Unit 1H property.

Company Name
Akg Operating Company
Chesapeake Operating, Inc.
Eagle Valley Development LLC
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
Southwest Resources, Inc.
Stroud Oil Properties, Inc.

Owners of West Richards Unit 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2021MAGNOLIA OIL & GAS OPERATING LLCWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021SMITH, BETTY HWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021DEARING, MIKE & PAMWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021LOFLAND, JACKIE SMITHWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021SHOEMAKER, BRYAN & MELODYWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021RIPKOWSKI, FRED J & MARYWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021FOSTER, WILLIE CLAUDEWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2021HENDERSON, OUIDA WADDELLWEST RICHARDS UNIT #1HMAGNOLIA OIL &
Displaying 8 of 47 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 1HDec 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HDec 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJul 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJul 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJun 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJun 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMay 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMay 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HApr 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HApr 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMar 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HMar 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HFeb 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HFeb 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJan 2021MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJan 2021MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HDec 2020MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC