Runge

Oil & Gas Property in Milam County, TX

Property Summary

Key data points for Runge

CountyMilam County, TX
Production DatesAug 2003 - Jan 2025
Total Oil Production251,071 BBLs
Total Gas Production232,434 MCF
Recent Oil Production406 BBLs in Dec 2024
Recent Gas Production248 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Runge

ShaleAssessment

$25,591 *

MarketMultiple

$55,995 **

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

Based on a decimal interest

Runge Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Runge
from Aug 2003 to Jan 2025

Wells on Runge

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-33558RUNGE 1MAGNOLIA OIL & GAS OPERATING LLCProducingMilam County, TX30.728087-96.718888

Leases included in Runge

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-24443RUNGEANADARKO E&P COMPANY LPMilam County, TX
03-24466RUNGEMAGNOLIA OIL & GAS OPERATING LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Runge property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beluga UnitBurleson County, TX2,885 BBLs1,669 MCFJan 2025
Brewer-Bridges UnitBurleson County, TX1,135 BBLs2,328 MCFJan 2025
Colt UnitBurleson County, TX537 BBLs492 MCFJan 2025
CunninghamMilam County, TX0 BBLs0 MCFJul 2022
FussellMilam County, TX86 BBLs0 MCFJan 2025
HaleyMilam County, TX903 BBLs2,596 MCFJan 2025
JamieMilam County, TX708 BBLs1,699 MCFJan 2025
Joe KiddBurleson County, TX866 BBLs1,347 MCFJan 2025
Josey WalesMilam County, TX4,067 BBLs7,854 MCFJan 2025
KristinMilam County, TX1,208 BBLs1,774 MCFJan 2025
LightfootMilam County, TX3,453 BBLs1,824 MCFJan 2025
Magnum ForceBurleson County, TX4,689 BBLs4,442 MCFJan 2025
McCraryMilam County, TX215 BBLs233 MCFJan 2025
MeghanMilam County, TX737 BBLs1,750 MCFJan 2025
NatalieMilam County, TX795 BBLs959 MCFJan 2025
PaxtonMilam County, TX963 BBLs3,692 MCFJan 2025
Pistol UnitBurleson County, TX512 BBLs229 MCFJan 2025
Summers UnitBurleson County, TX349 BBLs243 MCFJan 2025
TannerMilam County, TX1,123 BBLs4,937 MCFJan 2025
ThunderboltMilam County, TX3,305 BBLs5,344 MCFJan 2025

Owners of Runge

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATING LLCRUNGEMAGNOLIA OIL &
2024ENCHANTED ROYALTY LLCRUNGEMAGNOLIA OIL &
2024WHITE ELLEN KAY HARRISONRUNGEMAGNOLIA OIL &
2024HARRISON STEVEN LANE SR ESTATERUNGEMAGNOLIA OIL &
2024RIDGEFIELD EAGLE FORD MINERALS LLCRUNGEMAGNOLIA OIL &
2024BLACK STONE MINERALS CO LPRUNGEMAGNOLIA OIL &
2024KAZOKU INTERESTS LLCRUNGEMAGNOLIA OIL &
2024STARHUT G3 LLCRUNGEMAGNOLIA OIL &
Displaying 8 of 60 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Runge

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-24466RUNGEOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGESep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGESep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMay 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEApr 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMar 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEFeb 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJan 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEDec 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGEDec 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-24466RUNGENov 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24466RUNGEOct 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
03-24466RUNGESep 2023ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.