Cutter

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Cutter

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesDec 2021 - Jan 2024
Total Oil Production199,376 BBLs
Total Gas Production508,906 MCF
Recent Oil Production2,070 BBLs in Dec 2023
Recent Gas Production7,329 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Cutter

ShaleAssessment

Not Available

MarketMultiple

$459,497 **

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

Based on a decimal interest

Cutter Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cutter
from Dec 2021 to Jan 2024

Wells on Cutter

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-35110CUTTER 1HAMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.762444-96.625649

Leases included in Cutter

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27966CUTTERMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Cutter property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AaronMilam County, TX2,310 BBLs1,522 MCFJan 2024
Alliance TrustRobertson County, TX118 BBLs506 MCFDec 2023
Anna ClaireMilam County, TX1,633 BBLs1,296 MCFJan 2024
Brady ScottMilam County, TX2,076 BBLs1,614 MCFJan 2024
Cannon MichaelMilam County, TX1,283 BBLs1,163 MCFJan 2024
Cartwright-Moore UnitMilam County, TX595 BBLs248 MCFJan 2024
Cotropia-Frazier UnitRobertson County, TX305 BBLs15 MCFJan 2024
Ditto-Wilson UnitMilam County, TX1,141 BBLs3,626 MCFJan 2024
Ella MarieMilam County, TX1,619 BBLs1,556 MCFJan 2024
Ely UnitMilam County, TX3,996 BBLs4,180 MCFJan 2024
JacksonMilam County, TX1,288 BBLs1,500 MCFJan 2024
JamesMilam County, TX840 BBLs3,326 MCFJan 2024
JennyMilam County, TX417 BBLs2,219 MCFJan 2024
Kubin-Pope UnitRobertson County, TX302 BBLs594 MCFDec 2023
Kubin-Scamardo UnitRobertson County, TX487 BBLs1,281 MCFJan 2024
Sarah Ferrara E Unit 1Robertson County, TX396 BBLs0 MCFJan 2024
Scamardo HCXRobertson County, TX13,656 BBLs16,352 MCFJan 2024
Scamardo-Cotropia UnitRobertson County, TX3,884 BBLs1,211 MCFJan 2024
TreyleyMilam County, TX1,436 BBLs6,140 MCFJan 2024
TylerMilam County, TX912 BBLs3,190 MCFJan 2024

Owners of Cutter

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023LRR PECOS VALLEY LLCCUTTERTREADSTONE ENE
2023ELY JORDAN B JRCUTTERTREADSTONE ENE
2023LIME ROCK RESOURCES V-A LPCUTTERTREADSTONE ENE
2023CLINGMAN ELIZABETH R BERGCUTTERTREADSTONE ENE
2023ROUSSEL LOUIE J IIICUTTERTREADSTONE ENE
2023ELY MYRON ECUTTERTREADSTONE ENE
2023EXEMPT-STATE OF TEXASCUTTERTREADSTONE ENE
2023BLACK RAIN LTDCUTTERTREADSTONE ENE
Displaying 8 of 55 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Cutter

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
03-27966CUTTERSep 2022AXIS ENERGY MARKETING, LLCLRR PECOS VALLEY, LLC