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 - Sep 2025
Total Oil Production89,979 BBLs
Total Gas Production1,446,887 MCF
Recent Oil Production64 BBLs in Aug 2025
Recent Gas Production1,488 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment™

Not Available

MarketMultiple™

$22,252 **

* 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 Sep 2025

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, TX5 BBLs520 MCFSep 2025
Cleopatra Unit ILee County, TX364 BBLs4,572 MCFSep 2025
DaisyLee County, TX57 BBLs337 MCFSep 2025
DirkLee County, TX0 BBLs159 MCFSep 2025
DodieLee County, TX0 BBLs1,250 MCFSep 2025
GerdesLee County, TX58 BBLs1,096 MCFSep 2025
HawnLee County, TX8 BBLs865 MCFSep 2025
HelenLee County, TX5 BBLs0 MCFSep 2025
HuffLee County, TX7 BBLs692 MCFSep 2025
LeitkoLee County, TX56 BBLs3,059 MCFSep 2025
MargaretLee County, TX40 BBLs1,148 MCFSep 2025
Mary HelenLee County, TX9 BBLs216 MCFSep 2025
MaxyeLee County, TX0 BBLs427 MCFSep 2025
Peterson NancyLee County, TX72 BBLs932 MCFSep 2025
SelmaLee County, TX164 BBLs2,362 MCFSep 2025
SharonLee County, TX0 BBLs484 MCFSep 2025
Stranger TLee County, TX1 BBLs3,315 MCFSep 2025
TishLee County, TX35 BBLs231 MCFSep 2025
TriggerLee County, TX5 BBLs0 MCFAug 2025
Zaragoza H06ZGLee County, TX314 BBLs18,846 MCFSep 2025

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
Gantt Operating Company, Inc.
Gemini Exploration Company
Kaiser-Francis Oil Company
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Mariah Energy Corp.
Modern Exploration, Inc.
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
2025MAGNOLIA OIL & GAS OPERATINGOLEY UNIT W#2MAGNOLIA OIL & GAS
2025CADDO MINERALS LPOLEY UNIT W#2MAGNOLIA OIL & GAS
2025WILSON LORRAINE 2001 TRUSTOLEY UNIT W#2MAGNOLIA OIL & GAS
2025WAITES BESSIE MCFARLANDOLEY UNIT W#2MAGNOLIA OIL & GAS
2025MCFARLAND ISABELLA ESTATEOLEY UNIT W#2MAGNOLIA OIL & GAS
2025M J MILLER TRUSTEE INCOLEY UNIT W#2MAGNOLIA OIL & GAS
2025FRITZ MARTIN FRANKOLEY UNIT W#2MAGNOLIA OIL & GAS
2025FRITZ OTTO HANSOLEY UNIT W#2MAGNOLIA OIL & GAS
Displaying 8 of 125 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 2Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Dec 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Nov 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Oct 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLC
03-13388OLEY UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLC