Milam 1

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Milam 1

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1999 - Feb 2026
Total Oil Production198,651 BBLs
Total Gas Production1,760,998 MCF
Recent Oil Production2 BBLs in Feb 2026
Recent Gas Production7 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for Milam 1

ShaleAssessment

$20,144 *

MarketMultiple

$2,511 **

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

Based on a decimal interest

Milam 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Milam 1
from Mar 1999 to Feb 2026

Wells on Milam 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30724MILAM 1MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.197960-96.701120

Leases included in Milam 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-173603MILAM 1MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Milam 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Acadia 1HWashington County, TX1,713 BBLs18,520 MCFMar 2026
Angeles Crescent H04oaWashington County, TX2,174 BBLs15,393 MCFMar 2026
Angeles Ozette H02oaWashington County, TX4,396 BBLs53,000 MCFMar 2026
CommodoreWashington County, TX42,770 BBLs350,386 MCFMar 2026
Dietz Ol UnitWashington County, TX11,842 BBLs63,646 MCFMar 2026
Gupton-Schoenberg Unit 1Washington County, TX479 BBLs4,697 MCFMar 2026
KlondikeWashington County, TX7,827 BBLs61,397 MCFMar 2026
MeansWashington County, TX451 BBLs1,723 MCFMar 2026
Milam Hall UnitWashington County, TX5,467 BBLs48,041 MCFFeb 2026
Mist H06PRWashington County, TX1,788 BBLs32,799 MCFMar 2026
Neva UnitWashington County, TX1,607 BBLs35,262 MCFMar 2026
Palo Duro 1HWashington County, TX2,037 BBLs27,306 MCFMar 2026
PruegnerWashington County, TX1,294 BBLs23,293 MCFMar 2026
RoemerWashington County, TX0 BBLs54 MCFFeb 2026
SaratogaWashington County, TX10,971 BBLs99,278 MCFMar 2026
Sierra H08PRWashington County, TX1,114 BBLs23,723 MCFMar 2026
SprankleWashington County, TX100 BBLs1,271 MCFMar 2026
Tahoe Mountain H03PRWashington County, TX3,406 BBLs42,250 MCFMar 2026
Tahoe Pines H01PRWashington County, TX5,183 BBLs32,570 MCFMar 2026
ValentineWashington County, TX3,884 BBLs66,539 MCFFeb 2026

Owners of Milam 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATING LLCMILAM #1MAGNOLIA OIL &
2025MILAM JOHN D & ALICE CMILAM #1MAGNOLIA OIL &
2025GWYN CONNIE & KENNETH RMILAM #1MAGNOLIA OIL &
2025ODONNELL DANIEL XMILAM #1MAGNOLIA OIL &
2025TWS RESOURCES LLCMILAM #1MAGNOLIA OIL &
2025MILAM JOHN D & ALICE CMILAM #1MAGNOLIA OIL &
2025NANNEN PRODUCTION LLCMILAM #1MAGNOLIA OIL &
2025ROEMER RICKY JOEMILAM #1MAGNOLIA OIL &
Displaying 8 of 73 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Milam 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-173603MILAM 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Dec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Nov 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Oct 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Oct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Oct 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Oct 2024MAGNOLIA OIL & GAS OPERATING LLC