TBK Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for TBK Unit

CountyKarnes County, TX
Production DatesApr 2014 - Jan 2024
Total Oil Production1,282,112 BBLs
Total Gas Production1,845,682 MCF
Recent Oil Production2,528 BBLs in Dec 2023
Recent Gas Production2,462 MCF in Dec 2023
Wells on Property9

Our Valuation Estimates for TBK Unit

ShaleAssessment

$23,453 *

MarketMultiple

$390,738 **

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

Based on a decimal interest

TBK Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for TBK Unit
from Apr 2014 to Jan 2024

Wells on TBK Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-33570TBK UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.142483-97.685011
42-255-33919TBK UNIT 2HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.144750-97.681775
42-255-33966TBK UNIT 3HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.144653-97.681844
42-255-33967TBK UNIT 4HGULFTEX ENERGY III, LPHorizontal Well Surface LocatioKarnes County, TX29.144630-97.681916
42-255-35546TBK UNIT 4HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.144814-97.683409
42-255-35547TBK UNIT 5HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.144864-97.683428
42-255-35548TBK UNIT 6HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.144917-97.683447
42-255-35549TBK UNIT 7HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.144722-97.683191
42-255-35558TBK UNIT 108HENERVEST OPERATING, L.L.C.Horizontal Well Surface LocatioKarnes County, TX29.145021-97.683486

Leases included in TBK Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-10828TBK UNITMAGNOLIA OIL & GAS OPERATING LLCKarnes County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Betts UnitKarnes County, TX1,277 BBLs1,079 MCFJan 2024
Buckingham UnitGonzales County, TX1,364 BBLs438 MCFJan 2024
Clapton UnitKarnes County, TX9,782 BBLs27,541 MCFJan 2024
Crosby UnitGonzales County, TX4,994 BBLs2,461 MCFJan 2024
DragonKarnes County, TX47,154 BBLs46,139 MCFJan 2024
Emerson UnitKarnes County, TX3,086 BBLs5,431 MCFJan 2024
Frisbie UnitGonzales County, TX5,545 BBLs4,030 MCFJan 2024
GrammKarnes County, TX8,709 BBLs21,428 MCFJan 2024
HalenKarnes County, TX25,885 BBLs40,609 MCFJan 2024
Lake UnitKarnes County, TX1,801 BBLs7,649 MCFJan 2024
MaryKarnes County, TX1,274 BBLs0 MCFJan 2024
Morrison UnitGonzales County, TX557 BBLs298 MCFJan 2024
Palmer UnitKarnes County, TX11,498 BBLs15,129 MCFJan 2024
PanozzoKarnes County, TX106,925 BBLs132,578 MCFJan 2024
Richter A UnitKarnes County, TX3,172 BBLs15,009 MCFJan 2024
Seger UnitKarnes County, TX1,275 BBLs800 MCFJan 2024
Simmons UnitKarnes County, TX8,250 BBLs18,360 MCFJan 2024
ThomasKarnes County, TX4,697 BBLs5,043 MCFJan 2024
Trucks UnitKarnes County, TX1,454 BBLs590 MCFJan 2024
Young UnitKarnes County, TX858 BBLs180 MCFJan 2024

Owners of TBK Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATINGTBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023KESELING FRANCES BTBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023KESELING EDWARD LTBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023CHEATHAM MARY SUETBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023THOMPSON THURMAN BRADLEYTBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023BINEHAM BILLIE KAYTBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023LATTA KENNETH DAVIDTBK UNIT W#1H-7HMAGNOLIA OIL & GAS
2023WEST 17TH RESOURCES LLCTBK UNIT W#1H-7HMAGNOLIA OIL & GAS

Oil & Gas Sales on TBK Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-10828TBK UNITNov 2023ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITOct 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITSep 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITAug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITJul 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITJun 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITMay 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITApr 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITMar 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITMar 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITMar 2023MAGNOLIA OIL & GAS OPERATING LLC
02-10828TBK UNITFeb 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC