West Richards Unit 1H

Gas Property in Grimes County, TX

Property Summary

Key data points for West Richards Unit 1H

CountyGrimes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesNov 2007 - Mar 2021
Total Oil Production0 BBLs
Total Gas Production5,966,318 MCF
Recent Oil Production0 BBLs in Feb 2021
Recent Gas Production10,081 MCF in Feb 2021
Wells on Property1

Our Valuation Estimates for West Richards Unit 1H

ShaleAssessment

$52,989 *

MarketMultiple

$40,253 **

* 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 Mar 2021

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 18 properties to the West Richards Unit 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs1,611 MCFMar 2021
BroncoGrimes County, TX0 BBLs9,098 MCFMar 2021
Champion 1Grimes County, TX0 BBLs0 MCFJan 2021
East Richards Unit 1HGrimes County, TX0 BBLs7,663 MCFMar 2021
HaynieGrimes County, TX0 BBLs10,846 MCFMar 2021
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs7,142 MCFMar 2021
HeymanGrimes County, TX0 BBLs478 MCFMar 2021
Jet UnitGrimes County, TX0 BBLs3,411 MCFMar 2021
KeislerGrimes County, TX0 BBLs14,335 MCFMar 2021
Lake Creek Unit 1HGrimes County, TX0 BBLs8,139 MCFMar 2021
Longstreet Unit 1HMontgomery County, TX0 BBLs9,469 MCFMar 2021
MarlinGrimes County, TX0 BBLs5,779 MCFMar 2021
MC Cune 1HGrimes County, TX0 BBLs8,011 MCFMar 2021
RangerGrimes County, TX0 BBLs6,048 MCFMar 2021
RocketGrimes County, TX0 BBLs5,671 MCFMar 2021
ThomasGrimes County, TX0 BBLs1,800 MCFMar 2021
VictoryGrimes County, TX0 BBLs4,988 MCFMar 2021
WranglerGrimes County, TX0 BBLs3,316 MCFMar 2021

Owners of West Richards Unit 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2020MAGNOLIA OIL & GAS OPERATING LLCWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020SMITH, BETTY HWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020DEARING, MIKE & PAMWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020LOFLAND, JACKIE SMITHWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020SHOEMAKER, BRYAN & MELODYWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020RIPKOWSKI, FRED J & MARYWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020FOSTER, WILLIE CLAUDEWEST RICHARDS UNIT #1HMAGNOLIA OIL &
2020HENDERSON, 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 2018MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HDec 2018MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2018MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2018MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2018MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2018MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2018MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2018MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2018MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2018MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJul 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HJun 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HMay 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HApr 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HMar 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HFeb 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HJan 2018ENERVEST OPERATING, L.L.C.
03-242512WEST RICHARDS UNIT 1HJul 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HJun 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HMay 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HApr 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HMar 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HFeb 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HJan 2017HK ENERGY OPERATING, LLC
03-242512WEST RICHARDS UNIT 1HDec 2016HK ENERGY OPERATING, LLC