Cannon Michael

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Cannon Michael

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 2021 - Jun 2025
Total Oil Production145,158 BBLs
Total Gas Production104,451 MCF
Recent Oil Production964 BBLs in May 2025
Recent Gas Production1,315 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Cannon Michael

ShaleAssessment

Not Available

MarketMultiple

$132,049 **

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

Based on a decimal interest

Cannon Michael Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cannon Michael
from Mar 2021 to Jun 2025

Wells on Cannon Michael

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-35085CANNON MICHAEL 1HEMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.776225-96.636900

Leases included in Cannon Michael

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27820CANNON MICHAELMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Cannon Michael property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AaronMilam County, TX1,893 BBLs891 MCFJun 2025
Anna ClaireMilam County, TX1,449 BBLs408 MCFJun 2025
Brady ScottMilam County, TX1,507 BBLs1,428 MCFJun 2025
Cartwright-Moore UnitMilam County, TX625 BBLs230 MCFJun 2025
Cotropia-McCrady UnitRobertson County, TX1,260 BBLs719 MCFJun 2025
Cotropia-Perrone UnitRobertson County, TX1,509 BBLs623 MCFJun 2025
CutterMilam County, TX894 BBLs5,913 MCFJun 2025
Ditto-Wilson UnitMilam County, TX713 BBLs2,235 MCFJun 2025
Ella MarieMilam County, TX1,660 BBLs1,669 MCFJun 2025
Ely UnitMilam County, TX3,060 BBLs6,375 MCFJun 2025
FrazierMilam County, TX624 BBLs14 MCFJun 2025
JamesMilam County, TX286 BBLs1,470 MCFJun 2025
JennyMilam County, TX484 BBLs2,095 MCFJun 2025
Kubin-Pope UnitRobertson County, TX427 BBLs631 MCFJun 2025
Kubin-Scamardo UnitRobertson County, TX418 BBLs1,186 MCFJun 2025
Sarah Ferrara 'E' UnitRobertson County, TX304 BBLs0 MCFJun 2025
Scamardo HCXRobertson County, TX4,489 BBLs7,016 MCFJun 2025
Scamardo-Cotropia UnitRobertson County, TX2,865 BBLs3,442 MCFJun 2025
TreyleyMilam County, TX376 BBLs3,618 MCFJun 2025
TylerMilam County, TX1,038 BBLs3,180 MCFJun 2025

Frac'ing activity on Cannon Michael

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-35085Cannon Michael #1HE

Owners of Cannon Michael

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGCANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025LIME ROCK RESOURCES V-A LPCANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025ELY MYRON ECANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025ELY JORDAN B JRCANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025ROUSSEL LOUIE J IIICANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025VICTORY FINANCIAL GRCANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025CLINGMAN ELIZABETH RCANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
2025MCCORKLE FAMILY HOLDINGS LTDCANNON MICHAEL W#1HEMAGNOLIA OIL & GAS O
Displaying 8 of 55 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Cannon Michael

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27820CANNON MICHAELApr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELNov 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELNov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELOct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELOct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJun 2024MAGNOLIA OIL & GAS OPERATING LLC