Conrad Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Conrad Unit

CountyKarnes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 2017 - Jan 2024
Total Oil Production70,034 BBLs
Total Gas Production239,081 MCF
Recent Oil Production536 BBLs in Dec 2023
Recent Gas Production2,203 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Conrad Unit

ShaleAssessment

$5,666 *

MarketMultiple

$78,116 **

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

Based on a decimal interest

Conrad Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Conrad Unit
from Jan 2017 to Jan 2024

Wells on Conrad Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-34602CONRAD UNIT 103HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX28.961818-98.061231

Leases included in Conrad Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-11142CONRAD UNITMAGNOLIA OIL & GAS OPERATING LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the Conrad Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alvin NK Bernice AKarnes County, TX3,845 BBLs708 MCFJan 2024
Alvin NK UnitKarnes County, TX22,113 BBLs20,523 MCFJan 2024
Bailey UnitKarnes County, TX1,732 BBLs30 MCFJan 2024
BalserKarnes County, TX459 BBLs199 MCFJan 2024
DarleneKarnes County, TX7,236 BBLs24,658 MCFJan 2024
Dziuk UnitKarnes County, TX2,448 BBLs6,103 MCFJan 2024
Dzuik - StoeltjeKarnes County, TX11,099 BBLs10,397 MCFJan 2024
Fox - StoeltjeKarnes County, TX14,032 BBLs18,651 MCFJan 2024
Fox UnitKarnes County, TX6,880 BBLs1,445 MCFJan 2024
Fox-Fitch (Sa) AKarnes County, TX6,386 BBLs173 MCFJan 2024
GawlikKarnes County, TX837 BBLs245 MCFJan 2024
Gawlik - Pirate NWilson County, TX2,697 BBLs1,639 MCFJan 2024
Gawlik BWilson County, TX2,682 BBLs1,361 MCFJan 2024
Gawlik-Add CorpWilson County, TX2,660 BBLs2,629 MCFJan 2024
Joeckel UnitWilson County, TX491 BBLs456 MCFJan 2024
Kowalik UnitKarnes County, TX2,281 BBLs3,502 MCFJan 2024
Kowalik-MuenchowKarnes County, TX7,046 BBLs1,590 MCFJan 2024
LyssyKarnes County, TX566 BBLs590 MCFDec 2023
Muenchow UnitKarnes County, TX423 BBLs8 MCFJan 2024
NieschwietzKarnes County, TX2,330 BBLs6,295 MCFJan 2024

Owners of Conrad Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATINGCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023SMITH GRACIE L SCZEPANIKCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023BLACKBRUSH OIL & GAS LPCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023HORTON ROYALTY LPCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023BAILEY JOHN CONRADCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023MITCHELL CHED REVOCABLE TRCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023SKLOSS ROBERTCONRAD UNIT W#103HMAGNOLIA OIL & GAS
2023GTW-5 RANCH LPCONRAD UNIT W#103HMAGNOLIA OIL & GAS
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Conrad Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-11142CONRAD UNITNov 2023ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITOct 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITSep 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITAug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJul 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJun 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMay 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITApr 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMar 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITMar 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITFeb 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITFeb 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJan 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITJan 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITDec 2022SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITDec 2022MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITNov 2022SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11142CONRAD UNITNov 2022MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC