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 - Oct 2024
Total Oil Production88,893 BBLs
Total Gas Production1,421,833 MCF
Recent Oil Production0 BBLs in Sep 2024
Recent Gas Production850 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment

Not Available

MarketMultiple

$1,448 **

* 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 Oct 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, TX17 BBLs844 MCFOct 2024
Cleopatra Unit ILee County, TX482 BBLs6,526 MCFOct 2024
DaisyLee County, TX35 BBLs1,319 MCFOct 2024
DirkLee County, TX11 BBLs326 MCFOct 2024
DodieLee County, TX14 BBLs359 MCFOct 2024
GerdesLee County, TX55 BBLs2,461 MCFOct 2024
HawnLee County, TX16 BBLs1,050 MCFOct 2024
HelenLee County, TX2 BBLs102 MCFOct 2024
HuffLee County, TX48 BBLs1,124 MCFOct 2024
LeitkoLee County, TX25 BBLs2,899 MCFOct 2024
MargaretLee County, TX43 BBLs1,593 MCFOct 2024
Mary HelenLee County, TX28 BBLs1,313 MCFOct 2024
MaxyeLee County, TX10 BBLs756 MCFOct 2024
Peterson NancyLee County, TX138 BBLs1,342 MCFOct 2024
SelmaLee County, TX146 BBLs3,620 MCFOct 2024
SharonLee County, TX0 BBLs487 MCFOct 2024
Stranger TLee County, TX44 BBLs3,949 MCFOct 2024
TishLee County, TX2 BBLs214 MCFOct 2024
TriggerLee County, TX2 BBLs1,660 MCFOct 2024
Zaragoza H06ZGLee County, TX740 BBLs30,653 MCFOct 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
03-297935OLEY 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