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 - Jan 2025
Total Oil Production140,187 BBLs
Total Gas Production99,418 MCF
Recent Oil Production1,461 BBLs in Dec 2024
Recent Gas Production1,169 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Cannon Michael

ShaleAssessment

Not Available

MarketMultiple

$155,517 **

* 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 Jan 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, TX2,047 BBLs1,542 MCFJan 2025
Anna ClaireMilam County, TX1,334 BBLs226 MCFJan 2025
Brady ScottMilam County, TX1,309 BBLs1,481 MCFJan 2025
Cartwright-Moore UnitMilam County, TX538 BBLs221 MCFJan 2025
Cotropia-McCrady UnitRobertson County, TX1,788 BBLs698 MCFDec 2024
Cotropia-Perrone UnitRobertson County, TX2,390 BBLs631 MCFDec 2024
CutterMilam County, TX1,996 BBLs10,275 MCFJan 2025
Ditto-Wilson UnitMilam County, TX900 BBLs3,110 MCFJan 2025
Ella MarieMilam County, TX1,505 BBLs1,412 MCFJan 2025
Ely UnitMilam County, TX3,348 BBLs7,270 MCFJan 2025
FrazierMilam County, TX476 BBLs0 MCFDec 2024
JennyMilam County, TX312 BBLs610 MCFJan 2025
Kubin-Pope UnitRobertson County, TX753 BBLs1,010 MCFDec 2024
Kubin-Scamardo UnitRobertson County, TX469 BBLs1,181 MCFDec 2024
Ring ARobertson County, TX27,794 BBLs12,514 MCFDec 2024
Scamardo HCXRobertson County, TX5,354 BBLs7,373 MCFDec 2024
Scamardo-Cotropia UnitRobertson County, TX3,541 BBLs3,349 MCFDec 2024
State-Cotropia UnitRobertson County, TX1,718 BBLs367 MCFDec 2024
TreyleyMilam County, TX1,080 BBLs4,863 MCFJan 2025
TylerMilam County, TX1,018 BBLs4,434 MCFJan 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
2024MAGNOLIA OIL & GAS OPERATING LLCCANNON MICHAEL 01HEMAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCCANNON MICHAEL 01HEMAGNOLIA OIL &
2024ELY MYRON ECANNON MICHAEL 01HEMAGNOLIA OIL &
2024ELY JORDAN B JRCANNON MICHAEL 01HEMAGNOLIA OIL &
2024ROUSSEL LOUIE J IIICANNON MICHAEL 01HEMAGNOLIA OIL &
2024VICTORY FINANCIAL GROUP INCCANNON MICHAEL 01HEMAGNOLIA OIL &
2024CLINGMAN ELIZABETH R BERGCANNON MICHAEL 01HEMAGNOLIA OIL &
2024GENERAL LAND OFFICE TEXAS TECHCANNON MICHAEL 01HEMAGNOLIA OIL &
Displaying 8 of 56 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 MICHAELOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA 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
03-27820CANNON MICHAELMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-27820CANNON MICHAELNov 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-27820CANNON MICHAELNov 2023LRR PECOS VALLEY, LLC
03-27820CANNON MICHAELNov 2023AXIS ENERGY MARKETING, LLCLRR PECOS VALLEY, LLC
03-27820CANNON MICHAELOct 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.