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 - Mar 2025
Total Oil Production198,403 BBLs
Total Gas Production1,760,154 MCF
Recent Oil Production545 BBLs in Mar 2025
Recent Gas Production3,013 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Milam 1

ShaleAssessment

$22,827 *

MarketMultiple

$80,803 **

* 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 Mar 2025

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, TX3,366 BBLs24,052 MCFApr 2025
Angeles Crescent H04oaWashington County, TX9,025 BBLs68,109 MCFApr 2025
Angeles Ozette H02oaWashington County, TX9,142 BBLs71,029 MCFApr 2025
Dietz Ol UnitWashington County, TX3,364 BBLs42,593 MCFApr 2025
Gloyna Ol UnitWashington County, TX1,208 BBLs11,985 MCFApr 2025
Gloyna-Pruegner Co-Op 1Washington County, TX536 BBLs4,026 MCFApr 2025
KlondikeWashington County, TX11,781 BBLs93,815 MCFApr 2025
MeansWashington County, TX419 BBLs1,439 MCFApr 2025
Milam Hall UnitWashington County, TX7,454 BBLs62,313 MCFMar 2025
Mist H06PRWashington County, TX4,187 BBLs54,426 MCFApr 2025
Neva UnitWashington County, TX660 BBLs23,991 MCFApr 2025
Palo Duro 1HWashington County, TX2,238 BBLs31,194 MCFApr 2025
PruegnerWashington County, TX2,085 BBLs37,525 MCFApr 2025
RoemerWashington County, TX0 BBLs461 MCFApr 2025
SaratogaWashington County, TX17,927 BBLs171,550 MCFApr 2025
Sierra H08PRWashington County, TX966 BBLs21,496 MCFApr 2025
SprankleWashington County, TX228 BBLs2,218 MCFApr 2025
Tahoe Mountain H03PRWashington County, TX6,229 BBLs59,981 MCFApr 2025
Tahoe Pines H01PRWashington County, TX8,936 BBLs53,310 MCFApr 2025
ValentineWashington County, TX6,493 BBLs107,151 MCFMar 2025

Owners of Milam 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCMILAM UNITMAGNOLIA OIL & GAS OPE
2024MILAM JOHN D & ALICE CMILAM UNITMAGNOLIA OIL & GAS OPE
2024GWYN CONNIE & KENNETH RMILAM UNITMAGNOLIA OIL & GAS OPE
2024ODONNELL DANIEL XMILAM UNITMAGNOLIA OIL & GAS OPE
2024SOLTAU THOMAS WMILAM UNITMAGNOLIA OIL & GAS OPE
2024MILAM JOHN D & ALICE CMILAM UNITMAGNOLIA OIL & GAS OPE
2024NANNEN PRODUCTION LLCMILAM UNITMAGNOLIA OIL & GAS OPE
2024ROEMER RICKY JOEMILAM UNITMAGNOLIA OIL & GAS OPE
Displaying 8 of 74 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 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
03-173603MILAM 1Sep 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2024ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173603MILAM 1Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC