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 - Sep 2024
Total Oil Production88,456 BBLs
Total Gas Production1,415,754 MCF
Recent Oil Production0 BBLs in Aug 2024
Recent Gas Production852 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment

Not Available

MarketMultiple

$1,631 **

* 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
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to oil and gas production for Oley Unit
from Jan 1993 to Sep 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 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, TX0 BBLs1,280 MCFSep 2024
Cleopatra Unit ILee County, TX556 BBLs7,093 MCFSep 2024
DaisyLee County, TX42 BBLs1,176 MCFSep 2024
DirkLee County, TX2 BBLs409 MCFSep 2024
DodieLee County, TX18 BBLs638 MCFSep 2024
GerdesLee County, TX28 BBLs2,804 MCFSep 2024
HawnLee County, TX17 BBLs1,272 MCFSep 2024
HelenLee County, TX18 BBLs142 MCFSep 2024
HuffLee County, TX42 BBLs1,219 MCFSep 2024
LeitkoLee County, TX28 BBLs4,296 MCFSep 2024
MargaretLee County, TX82 BBLs1,817 MCFSep 2024
Mary HelenLee County, TX39 BBLs1,219 MCFSep 2024
MaxyeLee County, TX7 BBLs789 MCFSep 2024
Peterson, NancyLee County, TX78 BBLs1,540 MCFSep 2024
SelmaLee County, TX231 BBLs3,308 MCFSep 2024
SharonLee County, TX0 BBLs406 MCFSep 2024
Stranger TLee County, TX10 BBLs4,147 MCFSep 2024
TishLee County, TX3 BBLs204 MCFSep 2024
TriggerLee County, TX2 BBLs1,785 MCFSep 2024
Zaragoza H06ZGLee County, TX716 BBLs30,823 MCFSep 2024

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
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
2024MCFARLAND ISABELLA ESTATEOLEY UNIT 2MAGNOLIA OIL & GAS
2024WILSON LORAINE MCFARLANDOLEY UNIT 2MAGNOLIA OIL & GAS
Displaying 8 of 242 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
03-13388OLEY UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJan 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 2022ENERGY TRANSFER CRUDE MARKETING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITSep 2022MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITAug 2022MAGNOLIA OIL & GAS OPERATING LLC