Paxton

Oil & Gas Property in Milam County, TX

  2. Texas
  3. Milam County, TX
  4. Oil & Gas Properties in Milam County, TX
  5. Paxton Oil & Gas Property

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Property Summary

Key data points for Paxton

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 2019 - Mar 2026
Total Oil Production185,878 BBLs
Total Gas Production248,599 MCF
Recent Oil Production648 BBLs in Feb 2026
Recent Gas Production2,980 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for Paxton

ShaleAssessment™

Not Available

MarketMultiple™

$94,984 **

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

Based on a decimal interest

Paxton 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 Paxton
from Jun 2019 to Mar 2026

Wells on Paxton

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-35057PAXTON 1HAMAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.697695-96.720407

Leases included in Paxton

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-27586PAXTONMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Paxton property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX2,036 BBLs1,649 MCFMar 2026
Brewer-Bridges UnitBurleson County, TX689 BBLs2,063 MCFMar 2026
Colley-Treybig UnitBurleson County, TX498 BBLs626 MCFMar 2026
Colt UnitBurleson County, TX116 BBLs380 MCFMar 2026
DavidBurleson County, TX769 BBLs3,416 MCFMar 2026
Dirty HarryBurleson County, TX4,270 BBLs9,737 MCFMar 2026
FussellMilam County, TX123 BBLs0 MCFMar 2026
Joe KiddBurleson County, TX565 BBLs1,228 MCFMar 2026
Josey WalesMilam County, TX1,762 BBLs4,670 MCFMar 2026
LightfootMilam County, TX1,682 BBLs1,134 MCFMar 2026
LitoBurleson County, TX430 BBLs2,697 MCFMar 2026
Magnum ForceBurleson County, TX2,231 BBLs6,056 MCFMar 2026
McCraryMilam County, TX35 BBLs32 MCFMar 2026
MeghanMilam County, TX741 BBLs2,597 MCFMar 2026
NatalieMilam County, TX458 BBLs391 MCFMar 2026
Plains DrifterBurleson County, TX1,396 BBLs1,274 MCFMar 2026
Remington UnitBurleson County, TX131 BBLs224 MCFMar 2026
RungeMilam County, TX307 BBLs439 MCFMar 2026
ThunderboltMilam County, TX1,857 BBLs3,635 MCFMar 2026
Webb Branch UnitBurleson County, TX361 BBLs336 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Paxton property.

Company Name
Anadarko E&P Company LP
Anadarko E&P Onshore LLC
B & B Drilling Co.
Bet-Ro, Inc.
Buffco Production, Inc.
Goldmark Energy Corporation
LRR Pecos Valley, LLC
Magnolia Oil & Gas Operating LLC
Micro Operating, Inc.
Pemberton, W. C. Oil Co., Inc.
Plantation Operating Co., Inc.
Rusk Energy Operating LLC
San Dia Producing Company
Sheldon Resources, L.P.
Shoreham Oil & Gas Company, Inc.
Tesuque Oil & Gas LLC
Union Pacific Resources Co.
Wildfire Energy Operating LLC
Wildhorse Resources MNGT Co, LLC
Williams, Clayton Energy, Inc.

Frac'ing activity on Paxton

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-331-35057Paxton 1H

Owners of Paxton

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGPAXTON W#1HAMAGNOLIA OIL & GAS O
2025BALLARD SHIRLEY SPAXTON W#1HAMAGNOLIA OIL & GAS O
2025MAGNOLIA OIL & GAS OPERATINGPAXTON W#1HAMAGNOLIA OIL & GAS O
2025LIME ROCK RESOURCES V-A LPPAXTON W#1HAMAGNOLIA OIL & GAS O
2025HERWOL PROPERTIES LTPAXTON W#1HAMAGNOLIA OIL & GAS O
2025BRECK WENDY IGLEHARTPAXTON W#1HAMAGNOLIA OIL & GAS O
2025DAY WILLIAM COLLIERPAXTON W#1HAMAGNOLIA OIL & GAS O
2025JOHNSON ELIZABETH ANPAXTON W#1HAMAGNOLIA OIL & GAS O
Displaying 8 of 242 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Paxton

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-27586PAXTONFeb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONDec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONNov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONOct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONSep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONAug 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJul 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMay 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMay 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONApr 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONApr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONFeb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONFeb 2025MAGNOLIA OIL & GAS OPERATING LLC