Oley Unit

Oil & Gas Property in Lee County, TX

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

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Property Summary

Key data points for Oley Unit

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Jun 2026
Total Oil Production90,680 BBLs
Total Gas Production1,468,266 MCF
Recent Oil Production69 BBLs in May 2026
Recent Gas Production2,130 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment™

Not Available

MarketMultiple™

$22,360 **

* 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 Jun 2026

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 Oil Prod.Monthly 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, TX18 BBLs1,275 MCFJun 2026
Cleopatra Unit ILee County, TX187 BBLs4,406 MCFJun 2026
DaisyLee County, TX219 BBLs983 MCFJun 2026
DirkLee County, TX0 BBLs168 MCFJun 2026
DodieLee County, TX0 BBLs0 MCFMar 2026
GerdesLee County, TX0 BBLs0 MCFJun 2026
HawnLee County, TX2 BBLs581 MCFJun 2026
HelenLee County, TX29 BBLs106 MCFJun 2026
HuffLee County, TX3 BBLs758 MCFJun 2026
LeitkoLee County, TX37 BBLs1,065 MCFJun 2026
MargaretLee County, TX10 BBLs1,163 MCFJun 2026
Mary HelenLee County, TX0 BBLs155 MCFJun 2026
MaxyeLee County, TX0 BBLs0 MCFFeb 2026
Peterson, NancyLee County, TX70 BBLs1,540 MCFJun 2026
SelmaLee County, TX224 BBLs2,450 MCFJun 2026
SharonLee County, TX0 BBLs365 MCFJun 2026
Stranger TLee County, TX41 BBLs3,176 MCFJun 2026
TishLee County, TX0 BBLs118 MCFJun 2026
TriggerLee County, TX0 BBLs0 MCFJan 2026
Zaragoza H06ZGLee County, TX264 BBLs13,667 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Oley Unit property.

Company Name
Brittany Drilling Co.
Champlin Exploration, Inc.
Columbia Gas Development Corp.
Estate Oil & Gas Corp.
Everest Minerals Corp.
Everest Resource Company
Gemini Exploration Company
Kaiser-Francis Oil Company
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Mariah Energy Corp.
Modern Exploration, Inc.
Paleo Oil Company LLC
Redbud E & P, Inc.
Sha-Jam Operating Corp.
U. S. Operating, Inc.
Union Pacific Austin Chalk Co.
United Oil & Minerals, Inc.
WCS Oil & Gas Corporation
Wildfire Energy Operating LLC

Owners of Oley Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026MAGNOLIA OIL & GAS OPERATINGOLEY UNIT W#2MAGNOLIA OIL & GAS
2026CADDO MINERALS LPOLEY UNIT W#2MAGNOLIA OIL & GAS
2026WILSON LORRAINE 2001 TRUSTOLEY UNIT W#2MAGNOLIA OIL & GAS
2026WAITES BESSIE MCFARLANDOLEY UNIT W#2MAGNOLIA OIL & GAS
2026MCFARLAND ISABELLA ESTATEOLEY UNIT W#2MAGNOLIA OIL & GAS
2026M J MILLER TRUSTEE INCOLEY UNIT W#2MAGNOLIA OIL & GAS
2026FRITZ MARTIN FRANKOLEY UNIT W#2MAGNOLIA OIL & GAS
2026FRITZ OTTO HANSOLEY UNIT W#2MAGNOLIA OIL & GAS
Displaying 8 of 131 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 2May 2026MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Apr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Mar 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Mar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Feb 2026MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Nov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Oct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Sep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Aug 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jul 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jun 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2May 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Apr 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Apr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Feb 2025MAGNOLIA OIL & GAS OPERATING LLC