Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

County,
Production DatesJun 1996 - Feb 2025
Total Oil Production1,459,775 BBLs
Total Gas Production1,121,076 MCF
Recent Oil Production2,775 BBLs in Jan 2025
Recent Gas Production6,278 MCF in Jan 2025
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$45,406 *

MarketMultiple

$448,954 **

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

Based on a decimal interest

Ely Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ely Unit
from Jun 1996 to Feb 2025

Wells on Ely Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
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Unknown,
Unknown,
Unknown,
Unknown,
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Unknown,
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Leases included in Ely Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-23025ELY UNIT 2MAGNOLIA OIL & GAS OPERATING LLCMilam County, TX
03-23026ELY UNIT 1MAGNOLIA OIL & GAS OPERATING LLCMilam County, TX
03-25741ELY UNIT NO. 2TREADSTONE ENERGY PRTNR OP, LLCMilam County, TX
03-26974ELY UNIT 1 EBMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX
03-27314ELY UNIT 1MAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
AaronMilam County, TX1,986 BBLs1,575 MCFFeb 2025
Alliance TrustRobertson County, TX569 BBLs774 MCFJan 2025
Alliance-Reistino UnitRobertson County, TX989 BBLs96 MCFJan 2025
Anna ClaireMilam County, TX1,505 BBLs355 MCFFeb 2025
Brady ScottMilam County, TX1,704 BBLs1,695 MCFFeb 2025
Cannon MichaelMilam County, TX939 BBLs920 MCFFeb 2025
Cartwright-Moore UnitMilam County, TX591 BBLs246 MCFFeb 2025
Cotropia-Frazier UnitRobertson County, TX313 BBLs492 MCFJan 2025
CutterMilam County, TX1,690 BBLs8,023 MCFFeb 2025
Ditto-Wilson UnitMilam County, TX936 BBLs2,835 MCFFeb 2025
Ella MarieMilam County, TX1,436 BBLs1,231 MCFFeb 2025
JamesMilam County, TX559 BBLs2,299 MCFFeb 2025
JennyMilam County, TX443 BBLs1,323 MCFFeb 2025
Kubin-Pope UnitRobertson County, TX866 BBLs916 MCFJan 2025
Merka UnitRobertson County, TX356 BBLs197 MCFJan 2025
Merka-Ferrara UnitRobertson County, TX305 BBLs0 MCFJan 2025
Scamardo HCXRobertson County, TX6,235 BBLs8,322 MCFJan 2025
Scamardo-Cotropia UnitRobertson County, TX3,244 BBLs3,122 MCFJan 2025
TreyleyMilam County, TX560 BBLs2,700 MCFFeb 2025
TylerMilam County, TX865 BBLs2,991 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Ely Unit property.

Company Name

Owners of Ely Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT #2-1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1 EBMAGNOLIA OIL &
2024ELY J B JRELY UNIT #2-1MAGNOLIA OIL &
2024ELY MYRON EELY UNIT 1MAGNOLIA OIL &
2024MAGNOLIA OIL & GAS OPERATING LLCELY UNIT 1MAGNOLIA OIL &
2024CLINGMAN ELIZABETH R BERGELY UNIT #2-1MAGNOLIA OIL &
Displaying 8 of 116 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Ely Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-23025ELY UNIT 2Oct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Oct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Oct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC