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 - Jan 2024
Total Oil Production186,179 BBLs
Total Gas Production1,702,660 MCF
Recent Oil Production3,041 BBLs in Dec 2023
Recent Gas Production12,690 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Milam 1

ShaleAssessment

$30,602 *

MarketMultiple

$178,224 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Milam 1
from Mar 1999 to Jan 2024

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, TX5,182 BBLs39,201 MCFJan 2024
Angeles Crescent H 04oaWashington County, TX29,258 BBLs153,901 MCFDec 2023
Angeles Ozette H 02oaWashington County, TX31,127 BBLs145,985 MCFDec 2023
Dietz Ol UnitWashington County, TX4,073 BBLs65,012 MCFJan 2024
Gloyna Ol UnitWashington County, TX381 BBLs4,355 MCFJan 2024
Gloyna-Pruegner Co-Op 1Washington County, TX652 BBLs6,451 MCFJan 2024
KlondikeWashington County, TX27,886 BBLs198,415 MCFJan 2024
MeansWashington County, TX85 BBLs4,352 MCFJan 2024
Milam Hall UnitWashington County, TX11,171 BBLs102,570 MCFJan 2024
Mist H06PRWashington County, TX7,537 BBLs86,892 MCFJan 2024
Neva UnitWashington County, TX1,685 BBLs50,269 MCFJan 2024
Palo Duro 1HWashington County, TX3,630 BBLs43,923 MCFJan 2024
PruegnerWashington County, TX4,494 BBLs75,049 MCFJan 2024
RoemerWashington County, TX1 BBLs19 MCFJan 2024
SaratogaWashington County, TX24,370 BBLs249,101 MCFJan 2024
Sierra H08PRWashington County, TX3,502 BBLs52,926 MCFJan 2024
SprankleWashington County, TX0 BBLs0 MCFNov 2023
Tahoe Mountain H03PRWashington County, TX10,538 BBLs66,585 MCFJan 2024
Tahoe Pines H01PRWashington County, TX13,526 BBLs68,519 MCFJan 2024
ValentineWashington County, TX13,102 BBLs206,584 MCFJan 2024

Owners of Milam 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL&GAS OPERATING LLCMILAM UNITMAGNOLIA OIL & GAS OPE
2023MILAM JOHN D & ALICE CMILAM UNITMAGNOLIA OIL & GAS OPE
2023GWYN CONNIE & KENNETH RMILAM UNITMAGNOLIA OIL & GAS OPE
2023ODONNELL DANIEL XMILAM UNITMAGNOLIA OIL & GAS OPE
2023SOLTAU THOMAS WMILAM UNITMAGNOLIA OIL & GAS OPE
2023MILAM JOHN D & ALICE CMILAM UNITMAGNOLIA OIL & GAS OPE
2023NANNEN PRODUCTION LLCMILAM UNITMAGNOLIA OIL & GAS OPE
2023ROEMER RICKY JOEMILAM UNITMAGNOLIA OIL & GAS OPE
Displaying 8 of 75 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 1Oct 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Oct 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1May 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1May 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Apr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Mar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 2023ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Feb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jan 2023MAGNOLIA OIL & GAS OPERATING LLC