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 - Jun 2025
Total Oil Production339,935 BBLs
Total Gas Production562,883 MCF
Recent Oil Production4,039 BBLs in May 2025
Recent Gas Production4,451 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Higgins Unit

ShaleAssessment

Not Available

MarketMultiple

$119,179 **

* 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 Jun 2025

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, TX37,878 BBLs65,516 MCFJun 2025
Beaver OrangeLee County, TX6,534 BBLs13,077 MCFJun 2025
CascadesLee County, TX83,031 BBLs110,043 MCFJun 2025
CastlewoodLee County, TX8,967 BBLs21,054 MCFJun 2025
ChesterLee County, TX1,113 BBLs1,376 MCFJun 2025
DeborahLee County, TX1,829 BBLs1,188 MCFJun 2025
Joe FiveLee County, TX12,740 BBLs21,588 MCFJun 2025
Joe OneLee County, TX8,313 BBLs17,021 MCFJun 2025
Joe ThreeLee County, TX9,127 BBLs17,485 MCFJun 2025
K-Bob #1Lee County, TX339 BBLs478 MCFJun 2025
Lonie MaeLee County, TX3,193 BBLs13,012 MCFJun 2025
MasseyLee County, TX828 BBLs943 MCFJun 2025
Mueller-Levien D.L. UnitLee County, TX362 BBLs2,553 MCFJun 2025
ParrishLee County, TX0 BBLs0 MCFFeb 2025
RandolphLee County, TX14,678 BBLs22,996 MCFJun 2025
Ruthven ShirleyWashington County, TX280 BBLs697 MCFJun 2025
SiegmundLee County, TX376 BBLs0 MCFJun 2025
StringerLee County, TX316 BBLs1,771 MCFJun 2025
ThundercreekLee County, TX6,953 BBLs34,969 MCFJun 2025
Ullrich 'A'Lee County, TX1,995 BBLs1,246 MCFJun 2025

Owners of Higgins Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGHIGGINS UNITMAGNOLIA OIL & GAS

Oil & Gas Sales on Higgins Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-22346HIGGINS UNITApr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITMar 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITMar 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITMar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITFeb 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITFeb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITJan 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITDec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITNov 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITOct 2024BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITOct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-22346HIGGINS UNITOct 2024MAGNOLIA 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