Neumann Unit

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Neumann Unit

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesAug 1996 - Apr 2025
Total Oil Production330 BBLs
Total Gas Production43,956,456 MCF
Recent Oil Production1 BBLs in Mar 2025
Recent Gas Production13,776 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Neumann Unit

ShaleAssessment

$26,170 *

MarketMultiple

$52,085 **

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

Based on a decimal interest

Neumann Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Neumann Unit
from Aug 1996 to Apr 2025

Wells on Neumann Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30823NEUMANN UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.196326-96.415245
42-477-30843NEUMANN UNIT 2MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.208826-96.407466

Leases included in Neumann Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-159991NEUMANN UNIT 1MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-167550NEUMANN UNIT 2MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-167552NEUMANN UNIT 2MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Neumann Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bluebell UnitWashington County, TX0 BBLs1,522 MCFApr 2025
Bowie 1HWashington County, TX3 BBLs70,776 MCFApr 2025
BrooksWashington County, TX52 BBLs4,869 MCFApr 2025
BrownWashington County, TX0 BBLs1,141 MCFApr 2025
Cobb UnitWashington County, TX0 BBLs8,130 MCFApr 2025
Eberle UnitWashington County, TX2 BBLs15,623 MCFApr 2025
Emma Bell UnitWashington County, TX0 BBLs4,921 MCFApr 2025
Gay Hill Farms Unit 1HWashington County, TX3 BBLs26,927 MCFApr 2025
HermannWashington County, TX1 BBLs1,671 MCFApr 2025
Ikester 1HWashington County, TX3 BBLs59,460 MCFApr 2025
Jaster Unit 1Washington County, TX1 BBLs7,051 MCFApr 2025
Legacy Unit 1Washington County, TX1 BBLs14,561 MCFApr 2025
Maass 1HWashington County, TX3 BBLs33,562 MCFApr 2025
MikelWashington County, TX0 BBLs7,360 MCFApr 2025
Omalley 1Washington County, TX0 BBLs594 MCFApr 2025
SalemWashington County, TX0 BBLs831 MCFApr 2025
SchulteWashington County, TX0 BBLs1,584 MCFApr 2025
South Gay Hill Farms Unit 1HWashington County, TX1 BBLs27,832 MCFApr 2025
Wauls Legion 1HWashington County, TX1 BBLs27,935 MCFApr 2025
Winkelmann 1HWashington County, TX4 BBLs35,942 MCFApr 2025

Companies in the Area

These are the closest 7 companies operating near the Neumann Unit property.

Company Name
Apache Corporation
Geosouthern Operating II, LLC
Ineos USA Oil & Gas LLC
Magnolia Oil & Gas Operating LLC
Redbud E & P, Inc.
Union Pacific Resources Co.
Watt Energy, LLC

Owners of Neumann Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024MAGNOLIA OIL&GAS OPERATING LLCNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024BAUER FRANK JEFFREYNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024CALDWELL BILLNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024SMALL LYNELL ANNNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024NEUMANN DENNISNEUMANN UNITMAGNOLIA OIL & GAS OPE
2024SCHULZ MARTIN JRNEUMANN -2-MAGNOLIA OIL & GAS OPE
2024MANTEY ROBERT CNEUMANN UNITMAGNOLIA OIL & GAS OPE
Displaying 8 of 234 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Neumann Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-159991NEUMANN UNIT 1Mar 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Mar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Feb 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Feb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jan 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Dec 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Dec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Oct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-167550NEUMANN UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-159991NEUMANN UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC