Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

CountyMilam County, TX
Production DatesJun 1996 - Jun 2025
Total Oil Production1,471,647 BBLs
Total Gas Production1,146,243 MCF
Recent Oil Production3,060 BBLs in May 2025
Recent Gas Production6,375 MCF in May 2025
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$43,386 *

MarketMultiple

$405,943 **

* 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 Jun 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, TX1,893 BBLs891 MCFJun 2025
Alliance TrustRobertson County, TX469 BBLs865 MCFJun 2025
Alliance-Reistino UnitRobertson County, TX958 BBLs367 MCFJun 2025
Anna ClaireMilam County, TX1,449 BBLs408 MCFJun 2025
Brady ScottMilam County, TX1,507 BBLs1,428 MCFJun 2025
Cannon MichaelMilam County, TX964 BBLs1,315 MCFJun 2025
Cartwright-Moore UnitMilam County, TX625 BBLs230 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
JacksonMilam County, TX823 BBLs1,761 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 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 2Apr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Apr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBApr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Apr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Mar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBMar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Feb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBFeb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBFeb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jan 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC