Ely Unit

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Ely Unit

CountyMilam County, TX
Production DatesJun 1996 - Mar 2026
Total Oil Production1,495,035 BBLs
Total Gas Production1,195,385 MCF
Recent Oil Production1,825 BBLs in Feb 2026
Recent Gas Production4,057 MCF in Feb 2026
Wells on Property13

Our Valuation Estimates for Ely Unit

ShaleAssessment

$37,455 *

MarketMultiple

$312,499 **

* 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 Mar 2026

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, TX2,542 BBLs345 MCFMar 2026
Alliance TrustRobertson County, TX291 BBLs486 MCFFeb 2026
Alliance-Reistino UnitRobertson County, TX909 BBLs27 MCFFeb 2026
Anna ClaireMilam County, TX1,220 BBLs105 MCFMar 2026
Brady ScottMilam County, TX939 BBLs480 MCFMar 2026
Cannon MichaelMilam County, TX816 BBLs457 MCFMar 2026
Cartwright-Moore UnitMilam County, TX344 BBLs224 MCFMar 2026
Cotropia-Perrone UnitRobertson County, TX1,239 BBLs755 MCFFeb 2026
CutterMilam County, TX762 BBLs3,668 MCFMar 2026
Ditto-Wilson UnitMilam County, TX1,587 BBLs2,037 MCFMar 2026
Ella MarieMilam County, TX1,450 BBLs1,469 MCFMar 2026
JacksonMilam County, TX539 BBLs879 MCFMar 2026
JamesMilam County, TX441 BBLs1,227 MCFMar 2026
JennyMilam County, TX372 BBLs504 MCFMar 2026
Kubin-Pope UnitRobertson County, TX451 BBLs760 MCFFeb 2026
Kubin-Scamardo UnitRobertson County, TX322 BBLs782 MCFFeb 2026
Scamardo HCXRobertson County, TX4,376 BBLs6,078 MCFFeb 2026
Scamardo-Cotropia UnitRobertson County, TX2,376 BBLs1,310 MCFFeb 2026
Track PharoahMilam County, TX3,890 BBLs7,225 MCFMar 2026
TylerMilam County, TX650 BBLs2,728 MCFMar 2026

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 2Feb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Feb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBFeb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Feb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jan 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Jan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Jan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBJan 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBJan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Jan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Dec 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23025ELY UNIT 2Dec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Dec 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-23026ELY UNIT 1Dec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-26974ELY UNIT 1 EBDec 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27314ELY UNIT 1Dec 20254J ENERGY, LLCMAGNOLIA 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