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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Oley Unit

CountyLee County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1993 - Jun 2025
Total Oil Production89,649 BBLs
Total Gas Production1,438,153 MCF
Recent Oil Production204 BBLs in May 2025
Recent Gas Production3,456 MCF in May 2025
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment™

Not Available

MarketMultiple™

$25,547 **

* 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 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, TX9 BBLs705 MCFJun 2025
Cleopatra Unit ILee County, TX284 BBLs6,087 MCFJun 2025
DaisyLee County, TX63 BBLs1,673 MCFJun 2025
DirkLee County, TX0 BBLs313 MCFJun 2025
DodieLee County, TX0 BBLs233 MCFJun 2025
GerdesLee County, TX93 BBLs2,387 MCFJun 2025
HawnLee County, TX10 BBLs823 MCFJun 2025
HelenLee County, TX11 BBLs123 MCFJun 2025
HuffLee County, TX32 BBLs1,473 MCFJun 2025
LeitkoLee County, TX115 BBLs4,704 MCFJun 2025
MargaretLee County, TX8 BBLs1,332 MCFJun 2025
Mary HelenLee County, TX26 BBLs942 MCFJun 2025
MaxyeLee County, TX39 BBLs717 MCFJun 2025
Peterson, NancyLee County, TX65 BBLs1,216 MCFJun 2025
SelmaLee County, TX195 BBLs3,794 MCFJun 2025
SharonLee County, TX0 BBLs510 MCFJun 2025
Stranger TLee County, TX29 BBLs3,933 MCFJun 2025
TishLee County, TX2 BBLs264 MCFJun 2025
TriggerLee County, TX0 BBLs1,544 MCFJun 2025
Zaragoza H06ZGLee County, TX532 BBLs23,918 MCFJun 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.
Dallas Petroleum Group, LLC
Estate Oil & Gas Corp.
Everest Minerals Corp.
Gantt Operating Company, Inc.
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
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