Higgins Unit

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Higgins Unit

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesMar 1994 - Oct 2024
Total Oil Production328,727 BBLs
Total Gas Production550,920 MCF
Recent Oil Production263 BBLs in Oct 2024
Recent Gas Production715 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Higgins Unit

ShaleAssessment

Not Available

MarketMultiple

$45,740 **

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

Based on a decimal interest

Higgins Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Higgins Unit
from Mar 1994 to Oct 2024

Wells on Higgins Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-32413HIGGINS UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.196423-96.785852

Leases included in Higgins Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-22346HIGGINS UNITMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeaverLee County, TX62,849 BBLs112,798 MCFNov 2024
Beaver OrangeLee County, TX11,237 BBLs12,899 MCFNov 2024
Bisett, DonLee County, TX415 BBLs1 MCFNov 2024
CastlewoodLee County, TX9,516 BBLs25,958 MCFNov 2024
ChesterLee County, TX1,207 BBLs855 MCFNov 2024
GanttLee County, TX542 BBLs468 MCFNov 2024
Joe FiveLee County, TX18,137 BBLs15,797 MCFNov 2024
Joe OneLee County, TX13,673 BBLs11,980 MCFNov 2024
Joe Three H 03JBLee County, TX14,105 BBLs13,631 MCFNov 2024
K-Bob #1Lee County, TX500 BBLs695 MCFNov 2024
Lonie MaeLee County, TX3,563 BBLs16,904 MCFNov 2024
Melton (Horiz)Lee County, TX568 BBLs156 MCFNov 2024
Mueller-Levien D.L. UnitLee County, TX412 BBLs2,226 MCFOct 2024
ParrishLee County, TX0 BBLs44 MCFNov 2024
RandolphLee County, TX411 BBLs616 MCFNov 2024
Ruthven ShirleyWashington County, TX152 BBLs362 MCFOct 2024
SiegmundLee County, TX0 BBLs0 MCFJul 2024
StringerLee County, TX402 BBLs2,482 MCFNov 2024
ThundercreekLee County, TX12,393 BBLs49,541 MCFNov 2024
Ullrich 'A'Lee County, TX802 BBLs336 MCFOct 2024

Owners of Higgins Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGHIGGINS UNITMAGNOLIA OIL & GAS
2024TEXAS OSAGE ROYALTY POOL INCHIGGINS UNITMAGNOLIA OIL & GAS
2024JETTA-X2 LPHIGGINS UNITMAGNOLIA OIL & GAS
2024HIGGINS STEVEN CHIGGINS UNITMAGNOLIA OIL & GAS
2024BURLESON ODIS R & JUDYHIGGINS UNITMAGNOLIA OIL & GAS
2024SIEGMUND HEATHHIGGINS UNITMAGNOLIA OIL & GAS
2024TEXIAN MINERAL & ROYALTY LLCHIGGINS UNITMAGNOLIA OIL & GAS
2024HARRIS KIMBERLY LYNNEHIGGINS UNITMAGNOLIA OIL & GAS
Displaying 8 of 31 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Higgins Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-22346HIGGINS UNITOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITSep 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITAug 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJun 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITOct 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITSep 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITAug 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJul 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJun 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITMay 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITApr 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLC