Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

CountyMilam County, TX
Production DatesJun 1996 - Dec 2025
Total Oil Production1,488,303 BBLs
Total Gas Production1,180,198 MCF
Recent Oil Production2,572 BBLs in Nov 2025
Recent Gas Production5,205 MCF in Nov 2025
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$38,444 *

MarketMultiple

$344,978 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Ely Unit
from Jun 1996 to Dec 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
42-331-33463ELY UNIT 1 1MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764638-96.626083
42-331-33465ELY UNIT 2 1MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764638-96.625805
42-331-33775ELY UNIT 1 2MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.766766-96.622543
42-331-33885ELY UNIT 2 2MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764367-96.621141
42-331-34764ELY UNIT 1 EB 1HMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764311-96.621255
42-331-34768ELY UNIT 2 3PHANADARKO E&P ONSHORE LLCPermitted LocationMilam County, TX30.764359-96.621285
42-331-34810ELY UNIT 1 EB 2HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762854-96.625551
42-331-34811ELY UNIT 1 EB 3HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762840-96.625596
42-331-34812ELY UNIT 1 EB 4HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762827-96.625641
42-331-34813ELY UNIT 1 EB 5HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioMilam County, TX30.762813-96.625686
42-331-34983ELY UNIT 1 4HGMAGNOLIA OIL & GAS OPERATING LLCShut InMilam County, TX30.762619-96.625437
42-331-34984ELY UNIT 1 5HBMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.762840-96.625596
42-331-34987ELY UNIT 2 3HAMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.764166-96.630941

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, TX1,770 BBLs946 MCFDec 2025
Alliance TrustRobertson County, TX304 BBLs622 MCFNov 2025
Alliance-Reistino UnitRobertson County, TX857 BBLs206 MCFNov 2025
Anna ClaireMilam County, TX1,285 BBLs202 MCFDec 2025
Brady ScottMilam County, TX1,079 BBLs815 MCFDec 2025
Cannon MichaelMilam County, TX963 BBLs1,009 MCFDec 2025
Cartwright-Moore UnitMilam County, TX433 BBLs240 MCFDec 2025
Cotropia-Perrone UnitRobertson County, TX1,129 BBLs456 MCFNov 2025
CutterMilam County, TX1,303 BBLs5,442 MCFDec 2025
Ditto-Wilson UnitMilam County, TX599 BBLs1,778 MCFDec 2025
Ella MarieMilam County, TX1,429 BBLs1,001 MCFDec 2025
JacksonMilam County, TX911 BBLs1,868 MCFDec 2025
JamesMilam County, TX569 BBLs2,176 MCFDec 2025
JennyMilam County, TX447 BBLs2,629 MCFDec 2025
Kubin-Pope UnitRobertson County, TX499 BBLs314 MCFNov 2025
Kubin-Scamardo UnitRobertson County, TX299 BBLs646 MCFNov 2025
Scamardo HCXRobertson County, TX4,445 BBLs4,976 MCFNov 2025
Scamardo-Cotropia UnitRobertson County, TX2,630 BBLs1,331 MCFNov 2025
TreyleyMilam County, TX797 BBLs3,623 MCFDec 2025
TylerMilam County, TX903 BBLs2,977 MCFDec 2025

Frac'ing activity on Ely Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-34764Ely Unit 1 EB 1H
42-331-34983Ely Unit No. 1-4HG
42-331-34984Ely Unit No. 1-5HB
42-331-34987Ely Unit No. 2-3HA

Owners of Ely Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGELY UNIT 2 W#3HAMAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGELY UNIT 2 W#1-2MAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGELY UNIT 1 W#1-2MAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGELY UNIT 1 W#5HBMAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGELY UNIT 1 EB W#1HMAGNOLIA OIL & GAS O
2025ELY MYRON EELY UNIT 1 W#5HBMAGNOLIA OIL & GAS O
2025ELY JORDAN B JRELY UNIT 2 W#3HAMAGNOLIA OIL & GAS O
2025ELY JORDAN B JRELY UNIT 2 W#1-2MAGNOLIA OIL & GAS O
Displaying 8 of 167 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 2Dec 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Dec 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Dec 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Nov 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Nov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Nov 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Nov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBNov 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBNov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Nov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Oct 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Oct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Oct 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Oct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBOct 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBOct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Oct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Sep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Sep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBSep 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC