Florence

Oil & Gas Property in Lee County, TX

  2. Texas
  3. Lee County, TX
  4. Oil & Gas Properties in Lee County, TX
  5. Florence Oil & Gas Property

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Property Summary

Key data points for Florence

CountyLee County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production130,058 BBLs
Total Gas Production1,957,547 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for Florence

ShaleAssessment™

$3,171 *

MarketMultiple™

$982 **

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

Based on a decimal interest

Florence Production Graph

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

Wells on Florence

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30434FLORENCE UNIT 1REMAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.314092-96.769474
42-287-31343FLORENCE 2U. S. OPERATING, INC.Plugged Oil WellLee County, TX30.321141-96.766544
42-287-32164FLORENCE 3U. S. OPERATING, INC.Sidetrack Well Surface LocationLee County, TX30.321388-96.766321

Leases included in Florence

Lease #Lease NameOperatorCounty
03-12272FLORENCEU. S. OPERATING, INC.Lee County, TX
03-16671FLORENCEU. S. OPERATING, INC.Lee County, TX
03-23071FLORENCE UNITMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Operators Associated With Florence

Nearby Properties

These are the closest 20 properties to the Florence property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CarmellaLee County, TX0 BBLs197 MCFJun 2026
CherylLee County, TX28 BBLs636 MCFJun 2026
DarleneLee County, TX46 BBLs269 MCFJun 2026
DebbieLee County, TX0 BBLs53 MCFMay 2026
Delta DawnLee County, TX160 BBLs893 MCFJun 2026
GerdesLee County, TX0 BBLs0 MCFJun 2026
Gerdes GarwoodLee County, TX0 BBLs0 MCFJun 2026
Ginger UnitLee County, TX29 BBLs0 MCFJun 2026
HarrietLee County, TX22 BBLs116 MCFJun 2026
Humphrey BensonLee County, TX0 BBLs0 MCFMar 2026
JensenLee County, TX0 BBLs1,225 MCFJun 2026
Jensen, Ray EstateLee County, TX0 BBLs0 MCFDec 2023
JoanLee County, TX2 BBLs46 MCFJun 2026
KnoxBurleson County, TX0 BBLs0 MCFDec 2025
Machovsky -ABurleson County, TX0 BBLs0 MCFAug 2023
MarthaLee County, TX0 BBLs0 MCFJun 2026
McCoyLee County, TX1,939 BBLs1,137 MCFMay 2026
Patricia UnitLee County, TX23 BBLs1,469 MCFJun 2026
Rme BowersLee County, TX0 BBLs0 MCFDec 1994
WubbenhorstLee County, TX0 BBLs24 MCFMay 2026

Companies in the Area

These are the closest 20 companies operating near the Florence property.

Company Name
Cag Petroleum Corp.
Champlin Exploration, Inc.
Cirrus Production Company
Columbia Gas Development Corp.
Dynamic Production, Inc.
Estate Oil & Gas Corp.
Hibbard Energy, LP
Kaiser-Francis Oil Company
Keystone Exploration, Inc
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Poco LLC
Progenies Operating LLC
Rumble Energy LLC
Tex-Lee Operating Company
U. S. Operating, Inc.
Union Pacific Austin Chalk Co.
United Oil & Minerals, Inc.
WCS Oil & Gas Corporation
Wildfire Energy Operating LLC

Owners of Florence

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MAGNOLIA OIL & GAS OPERATINGFLORENCE UNIT W1REMAGNOLIA OIL & GAS

Oil & Gas Sales on Florence

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-23071FLORENCE UNITMay 2026MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITFeb 2026MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITSep 2025DCP OPERATING COMPANY, LPMAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITAug 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-23071FLORENCE UNITJul 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-23071FLORENCE UNITJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITJun 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-23071FLORENCE UNITJun 2025TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-23071FLORENCE UNITJun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITMay 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-23071FLORENCE UNITMay 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITApr 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-23071FLORENCE UNITApr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITMar 2025DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-23071FLORENCE UNITFeb 2025TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-23071FLORENCE UNITFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-23071FLORENCE UNITJan 2025MAGNOLIA OIL & GAS OPERATING LLC