Oley Unit

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Oley Unit

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Dec 2024
Total Oil Production89,080 BBLs
Total Gas Production1,425,054 MCF
Recent Oil Production33 BBLs in Dec 2024
Recent Gas Production808 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment

Not Available

MarketMultiple

$13,646 **

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

Based on a decimal interest

Oley Unit 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 Oley Unit
from Jan 1993 to Dec 2024

Wells on Oley Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30762OLEY UNIT 1MAGNOLIA OIL & GAS OPERATING LLCTemp AbandonedLee County, TX30.273380-96.788768
42-287-31447OLEY UNIT 2MAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.271478-96.786881

Leases included in Oley Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-13388OLEY UNITMAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-296745OLEY UNIT 1MAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-297935OLEY UNIT 2MAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
America UnitLee County, TX2 BBLs0 MCFDec 2024
Cleopatra Unit ILee County, TX201 BBLs3,205 MCFJan 2025
DaisyLee County, TX57 BBLs641 MCFJan 2025
DirkLee County, TX4 BBLs196 MCFJan 2025
DodieLee County, TX12 BBLs275 MCFJan 2025
GerdesLee County, TX43 BBLs1,299 MCFJan 2025
HawnLee County, TX10 BBLs578 MCFJan 2025
HelenLee County, TX2 BBLs76 MCFDec 2024
HuffLee County, TX107 BBLs1,277 MCFJan 2025
LeitkoLee County, TX44 BBLs1,558 MCFJan 2025
MargaretLee County, TX62 BBLs768 MCFJan 2025
Mary HelenLee County, TX23 BBLs752 MCFJan 2025
MaxyeLee County, TX5 BBLs333 MCFJan 2025
Peterson NancyLee County, TX34 BBLs519 MCFJan 2025
SelmaLee County, TX120 BBLs2,225 MCFJan 2025
SharonLee County, TX0 BBLs251 MCFJan 2025
Stranger TLee County, TX23 BBLs1,821 MCFDec 2024
TishLee County, TX4 BBLs117 MCFJan 2025
TriggerLee County, TX3 BBLs993 MCFJan 2025
Zaragoza H06ZGLee County, TX381 BBLs14,475 MCFJan 2025

Owners of Oley Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGOLEY UNIT 2MAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGOLEY UNIT 2MAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGOLEY UNIT 2MAGNOLIA OIL & GAS
2024ARTHUR JO ANN VEULEMAN TRUSTOLEY UNIT 2MAGNOLIA OIL & GAS
2024ARTHUR JO ANN VEULEMAN TRUSTOLEY UNIT 2MAGNOLIA OIL & GAS
2024ARTHUR JO ANN VEULEMAN TRUSTOLEY UNIT 2MAGNOLIA OIL & GAS
2024GEDDIE SURVIVORS TRUSTOLEY UNIT 2MAGNOLIA OIL & GAS
2024GEDDIE SURVIVORS TRUSTOLEY UNIT 2MAGNOLIA OIL & GAS
Displaying 8 of 363 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Oley Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-297935OLEY UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITMar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITFeb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITDec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITNov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITOct 2022ENERGY TRANSFER CRUDE MARKETING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITOct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITSep 2022MAGNOLIA OIL & GAS OPERATING LLC