Oil & Gas Property in Lee County, TX
Key data points for Wessels
| County | Lee County, TX |
|---|---|
| Operator | MAGNOLIA OIL & GAS OPERATING LLC |
| Production Dates | May 1994 - Mar 2025 |
| Total Oil Production | 237,254 BBLs |
| Total Gas Production | 772,695 MCF |
| Recent Oil Production | 2,272 BBLs in Feb 2025 |
| Recent Gas Production | 3,161 MCF in Feb 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Wessels
ShaleAssessment™
Not Available
MarketMultiple™
$51,985 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Wessels property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Beaver | Lee County, TX | 27,050 BBLs | 48,367 MCF | Mar 2025 |
| Beaver Orange | Lee County, TX | 6,335 BBLs | 4,851 MCF | Mar 2025 |
| Borgstedt-Levien Co-Op | Washington County, TX | 1,148 BBLs | 2,483 MCF | Mar 2025 |
| Cascades | Lee County, TX | 60,733 BBLs | 73,695 MCF | Feb 2025 |
| Castlewood | Lee County, TX | 4,566 BBLs | 9,109 MCF | Mar 2025 |
| Chester | Lee County, TX | 934 BBLs | 538 MCF | Mar 2025 |
| Deborah | Lee County, TX | 657 BBLs | 283 MCF | Mar 2025 |
| Dos Equis Unit | Washington County, TX | 316 BBLs | 287 MCF | Mar 2025 |
| Giaccone-Lehmann Unit | Washington County, TX | 3,132 BBLs | 13,139 MCF | Mar 2025 |
| Higgins Unit | Lee County, TX | 1,481 BBLs | 1,167 MCF | Mar 2025 |
| Joe Five | Lee County, TX | 11,626 BBLs | 12,496 MCF | Mar 2025 |
| Joe One | Lee County, TX | 11,806 BBLs | 15,557 MCF | Mar 2025 |
| Joe Three | Lee County, TX | 8,729 BBLs | 11,282 MCF | Mar 2025 |
| K-Bob #1 | Lee County, TX | 365 BBLs | 801 MCF | Mar 2025 |
| Lonie Mae | Lee County, TX | 2,945 BBLs | 11,502 MCF | Mar 2025 |
| Mueller-Korth Unit | Lee County, TX | 400 BBLs | 1,265 MCF | Mar 2025 |
| Parrish | Lee County, TX | 1 BBLs | 0 MCF | Feb 2025 |
| Randolph | Lee County, TX | 22,043 BBLs | 29,003 MCF | Feb 2025 |
| Ruthven Shirley | Washington County, TX | 0 BBLs | 358 MCF | Mar 2025 |
| Thundercreek | Lee County, TX | 7,842 BBLs | 37,253 MCF | Mar 2025 |
These are the closest 20 companies operating near the Wessels property.