Joe Three

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Joe Three

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJun 2024 - Mar 2026
Total Oil Production203,503 BBLs
Total Gas Production339,323 MCF
Recent Oil Production5,911 BBLs in Feb 2026
Recent Gas Production16,588 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for Joe Three

ShaleAssessment

Not Available

MarketMultiple

$847,027 **

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

Based on a decimal interest

Joe Three Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Joe Three
from Jun 2024 to Mar 2026

Wells on Joe Three

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-32783JOE THREE H03JBMAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.187952-96.795071

Leases included in Joe Three

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-28205JOE THREEMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Nearby Properties

These are the closest 20 properties to the Joe Three property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beaver OrangeLee County, TX3,987 BBLs8,715 MCFMar 2026
CascadesLee County, TX45,606 BBLs126,264 MCFMar 2026
CastlewoodLee County, TX5,728 BBLs17,623 MCFMar 2026
ChesterLee County, TX519 BBLs1,716 MCFMar 2026
Dos Equis UnitWashington County, TX314 BBLs378 MCFMar 2026
Dunkin UnitLee County, TX2,543 BBLs9,948 MCFMar 2026
GanttLee County, TX311 BBLs345 MCFMar 2026
HamerLee County, TX7 BBLs5 MCFMar 2026
Higgins UnitLee County, TX749 BBLs2,514 MCFMar 2026
Joe FiveLee County, TX5,452 BBLs16,189 MCFMar 2026
Joe OneLee County, TX4,216 BBLs13,527 MCFMar 2026
Lonie MaeLee County, TX2,142 BBLs8,082 MCFMar 2026
MasseyLee County, TX317 BBLs975 MCFMar 2026
Mueller-Levien D.L. UnitLee County, TX507 BBLs4,177 MCFMar 2026
ParrishLee County, TX0 BBLs0 MCFMar 2026
RandolphLee County, TX14,242 BBLs52,745 MCFMar 2026
Ruthven ShirleyWashington County, TX214 BBLs480 MCFMar 2026
SiegmundLee County, TX549 BBLs7,380 MCFMar 2026
ThundercreekLee County, TX23,248 BBLs79,955 MCFMar 2026
Ullrich 'A'Lee County, TX945 BBLs1,735 MCFMar 2026

Frac'ing activity on Joe Three

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-287-32783Joe Three H03 JB

Owners of Joe Three

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025TEXAS OSAGE ROYALTY POOL INCJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025SUTHERLAND ROYALTY PARTNERSHIPJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025SMITH NINA LEHMANNJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025SIEGMUND CHARLES WJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025SIEGMUND MAXINE FJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025KEMP ELAINE WILLEFORDJOE THREE W#H03JBMAGNOLIA OIL & GAS
2025LEHMANN BOBBY & KAYJOE THREE W#H03JBMAGNOLIA OIL & GAS
Displaying 8 of 244 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Joe Three

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-28205JOE THREEFeb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEJan 2026BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEJan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEJan 2026ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEJan 2026MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEDec 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEDec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEDec 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEDec 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREENov 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREENov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREENov 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREENov 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREENov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEOct 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEOct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEOct 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEOct 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREEOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREESep 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREESep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREESep 2025ENTERPRISE CRUDE OIL LLCMAGNOLIA OIL & GAS OPERATING LLC
03-28205JOE THREESep 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC