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 - Sep 2025
Total Oil Production345,297 BBLs
Total Gas Production580,789 MCF
Recent Oil Production1,892 BBLs in Aug 2025
Recent Gas Production7,254 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Higgins Unit

ShaleAssessment

Not Available

MarketMultiple

$233,456 **

* 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 Sep 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, TX32,724 BBLs81,159 MCFSep 2025
Beaver OrangeLee County, TX5,226 BBLs12,942 MCFSep 2025
CascadesLee County, TX17,919 BBLs21,191 MCFSep 2025
CastlewoodLee County, TX7,556 BBLs20,585 MCFSep 2025
ChesterLee County, TX1,123 BBLs2,444 MCFSep 2025
DeborahLee County, TX1,532 BBLs1,092 MCFSep 2025
GanttLee County, TX366 BBLs550 MCFSep 2025
Joe FiveLee County, TX9,269 BBLs23,629 MCFSep 2025
Joe OneLee County, TX6,428 BBLs16,394 MCFSep 2025
Joe ThreeLee County, TX8,067 BBLs18,515 MCFSep 2025
K-Bob #1Lee County, TX329 BBLs706 MCFSep 2025
Lonie MaeLee County, TX1,714 BBLs6,170 MCFSep 2025
Melton (Horiz)Lee County, TX1,118 BBLs594 MCFSep 2025
Mueller-Levien D.L. UnitLee County, TX496 BBLs4,629 MCFSep 2025
ParrishLee County, TX0 BBLs0 MCFSep 2025
RandolphLee County, TX4,830 BBLs13,324 MCFSep 2025
Ruthven ShirleyWashington County, TX88 BBLs327 MCFSep 2025
SiegmundLee County, TX642 BBLs740 MCFSep 2025
ThundercreekLee County, TX33,393 BBLs92,580 MCFSep 2025
Ullrich 'A'Lee County, TX2,287 BBLs1,674 MCFSep 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