Paxton

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Paxton

CountyMilam County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 2019 - Jun 2025
Total Oil Production179,326 BBLs
Total Gas Production224,034 MCF
Recent Oil Production797 BBLs in May 2025
Recent Gas Production2,296 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Paxton

ShaleAssessment

Not Available

MarketMultiple

$89,717 **

* 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 Jun 2025

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, TX1,257 BBLs450 MCFJun 2025
Brewer-Bridges UnitBurleson County, TX718 BBLs2,506 MCFMay 2025
Colley-Treybig UnitBurleson County, TX400 BBLs446 MCFJun 2025
Colt UnitBurleson County, TX232 BBLs493 MCFJun 2025
DavidBurleson County, TX724 BBLs3,815 MCFJun 2025
Dirty HarryBurleson County, TX6,623 BBLs8,589 MCFJun 2025
FussellMilam County, TX166 BBLs0 MCFJun 2025
Joe KiddBurleson County, TX828 BBLs1,353 MCFJun 2025
Josey WalesMilam County, TX1,732 BBLs3,862 MCFJun 2025
LightfootMilam County, TX1,128 BBLs48 MCFJun 2025
LitoBurleson County, TX1,642 BBLs5,431 MCFJun 2025
Magnum ForceBurleson County, TX3,841 BBLs6,799 MCFJun 2025
McCraryMilam County, TX284 BBLs248 MCFJun 2025
MeghanMilam County, TX1,003 BBLs2,965 MCFJun 2025
OzzieBurleson County, TX2,394 BBLs3,098 MCFJun 2025
Pistol UnitBurleson County, TX376 BBLs513 MCFJun 2025
Plains DrifterBurleson County, TX1,909 BBLs645 MCFJun 2025
Remington UnitBurleson County, TX107 BBLs248 MCFJun 2025
RungeMilam County, TX616 BBLs248 MCFJun 2025
ThunderboltMilam County, TX2,268 BBLs3,321 MCFJun 2025

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
2025JOHNSON ELIZABETH ANPAXTON W#1HAMAGNOLIA OIL & GAS O
2025DAY WILLIAM COLLIERPAXTON 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
03-27586PAXTONApr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA 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
03-27586PAXTONJan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONDec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONDec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONNov 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONNov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONOct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONOct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-27586PAXTONMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC