Neva Unit

Oil & Gas Property in Washington County, TX

  2. Texas
  3. Washington County, TX
  4. Oil & Gas Properties in Washington County, TX
  5. Neva Unit Oil & Gas Property

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Property Summary

Key data points for Neva Unit

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Mar 2026
Total Oil Production447,967 BBLs
Total Gas Production9,521,643 MCF
Recent Oil Production1,607 BBLs in Feb 2026
Recent Gas Production35,262 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Neva Unit

ShaleAssessment™

$107,712 *

MarketMultiple™

$292,205 **

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

Based on a decimal interest

Neva Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Neva Unit
from Jan 1993 to Mar 2026

Wells on Neva Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30366NEVA UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.204765-96.700363
42-477-31028NEVA UNIT 2MAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.211615-96.702017

Leases included in Neva Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-090126NEVA UNIT 1MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-283561NEVA UNIT 2MAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Neva Unit 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
Dietz, JWashington County, TX127 BBLs800 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
Palo Duro 1HWashington County, TX2,037 BBLs27,306 MCFMar 2026
PruegnerWashington County, TX1,294 BBLs23,293 MCFMar 2026
RazorbackWashington County, TX15,066 BBLs114,407 MCFMar 2026
RoemerWashington County, TX0 BBLs54 MCFFeb 2026
Sierra H08PRWashington County, TX1,114 BBLs23,723 MCFMar 2026
Tahoe Mountain H03PRWashington County, TX3,406 BBLs42,250 MCFMar 2026
Tahoe Pines H01PRWashington County, TX5,183 BBLs32,570 MCFMar 2026
Tusk One H01TRWashington County, TX14,650 BBLs154,349 MCFMar 2026
ValentineWashington County, TX3,884 BBLs66,539 MCFFeb 2026
Wild Band H02TRWashington County, TX18,565 BBLs113,559 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Neva Unit property.

Company Name
Champlin Exploration, Inc.
Columbia Gas Development Corp.
Enervest Operating LLC
Geosouthern Operating II, LLC
Herd Producing Company, Inc.
Ironroc Energy
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Marathon Oil Company
Mariah Energy Corp.
Mineral Technologies, Inc.
Modern Exploration, Inc.
Paleo Oil Company LLC
Redbud E & P, Inc.
Sha-Jam Operating Corp.
U. S. Operating, Inc.
Union Pacific Resources Co.
United Oil & Minerals, Inc.
WCS Oil & Gas Corporation
Wildfire Energy Operating LLC

Frac'ing activity on Neva Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-477-31028Neva 2

Owners of Neva Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATING LLCNEVA UNIT #2MAGNOLIA OIL &
2025MILAM JOHN D & ALICE CNEVA UNIT #2MAGNOLIA OIL &
2025ROEMER RICKY JOENEVA UNIT #2MAGNOLIA OIL &
2025MALLOY LIVING TRUSTNEVA UNIT #2MAGNOLIA OIL &
2025ROBERTS CAROL ENEVA UNIT #2MAGNOLIA OIL &
2025ROBERTS CLAUDE C JRNEVA UNIT #2MAGNOLIA OIL &
2025LEONARD ELEANOR RNEVA UNIT #2MAGNOLIA OIL &
2025MOLTHEN EUGENIA RNEVA UNIT #2MAGNOLIA OIL &
Displaying 8 of 155 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Neva Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-283561NEVA UNIT 2Feb 2026WILDFIRE ENERGY OPERATING LLC
03-283561NEVA UNIT 2Jan 2026WILDFIRE ENERGY OPERATING LLC
03-283561NEVA UNIT 2Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Jan 2026ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Jan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Jan 2026BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Dec 2025WILDFIRE ENERGY OPERATING LLC
03-283561NEVA UNIT 2Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Dec 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Dec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Dec 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Nov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Nov 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Oct 2025WILDFIRE ENERGY OPERATING LLC
03-283561NEVA UNIT 2Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Oct 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Oct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Oct 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-090126NEVA UNIT 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Sep 2025WILDFIRE ENERGY OPERATING LLC
03-283561NEVA UNIT 2Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Sep 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Sep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Sep 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-283561NEVA UNIT 2Aug 2025WILDFIRE ENERGY OPERATING LLC