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 - Sep 2021
Total Oil Production0 BBLs
Total Gas Production6,041,066 MCF
Recent Oil Production0 BBLs in Aug 2021
Recent Gas Production12,542 MCF in Aug 2021
Wells on Property1

Our Valuation Estimates for West Richards Unit 1H

ShaleAssessment™

$49,271 *

MarketMultiple™

$54,945 **

* 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 Sep 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 20 properties to the West Richards Unit 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApoloniaGrimes County, TX0 BBLs1,986 MCFSep 2021
Bosse A. B. 1HGrimes County, TX0 BBLs5,213 MCFSep 2021
BroncoGrimes County, TX0 BBLs9,270 MCFSep 2021
Champion 1Grimes County, TX0 BBLs2,697 MCFAug 2021
East Richards Unit 1HGrimes County, TX0 BBLs8,145 MCFSep 2021
Goodrich 1Grimes County, TX0 BBLs7,500 MCFSep 2021
HaynieGrimes County, TX0 BBLs15,223 MCFSep 2021
Haynie Jeff Company Unit 1HGrimes County, TX0 BBLs7,085 MCFSep 2021
HeymanGrimes County, TX0 BBLs720 MCFSep 2021
Hoke-Cole Unit 1HGrimes County, TX0 BBLs4,616 MCFSep 2021
KeislerGrimes County, TX0 BBLs18,140 MCFSep 2021
Lake Creek Unit 1HGrimes County, TX0 BBLs9,804 MCFSep 2021
Longstreet Unit 1HMontgomery County, TX0 BBLs19,537 MCFSep 2021
MarlinGrimes County, TX0 BBLs5,628 MCFSep 2021
MC Cune 1HGrimes County, TX0 BBLs7,389 MCFSep 2021
Packer 1Grimes County, TX0 BBLs5,681 MCFSep 2021
Sanders Unit 1HGrimes County, TX0 BBLs6,452 MCFSep 2021
ThomasGrimes County, TX0 BBLs2,116 MCFSep 2021
VictoryGrimes County, TX0 BBLs5,334 MCFSep 2021
W.P.T. 1HMontgomery County, TX0 BBLs7,025 MCFSep 2021

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
Stroud Oil Properties, Inc.
Unitex Oil & Gas, L.L.C.

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 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
03-242512WEST RICHARDS UNIT 1HDec 2020MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2020MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HNov 2020MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2020MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HOct 2020MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2020MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HSep 2020MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2020MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HAug 2020MAGNOLIA OIL & GAS OPERATING LLC
03-242512WEST RICHARDS UNIT 1HJul 2020MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC