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 - Jan 2026
Total Oil Production90,305 BBLs
Total Gas Production1,456,715 MCF
Recent Oil Production82 BBLs in Dec 2025
Recent Gas Production2,343 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Oley Unit

ShaleAssessment™

Not Available

MarketMultiple™

$23,922 **

* 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 Jan 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, TX2 BBLs470 MCFJan 2026
Cleopatra Unit ILee County, TX827 BBLs8,592 MCFJan 2026
DaisyLee County, TX46 BBLs703 MCFJan 2026
DirkLee County, TX0 BBLs210 MCFJan 2026
DodieLee County, TX0 BBLs1,059 MCFJan 2026
GerdesLee County, TX73 BBLs696 MCFJan 2026
HawnLee County, TX11 BBLs891 MCFJan 2026
HelenLee County, TX53 BBLs117 MCFJan 2026
HuffLee County, TX15 BBLs835 MCFJan 2026
LeitkoLee County, TX65 BBLs3,290 MCFJan 2026
MargaretLee County, TX17 BBLs1,311 MCFJan 2026
Mary HelenLee County, TX0 BBLs268 MCFJan 2026
MaxyeLee County, TX0 BBLs17 MCFDec 2025
Peterson NancyLee County, TX157 BBLs1,360 MCFJan 2026
SelmaLee County, TX164 BBLs2,043 MCFJan 2026
SharonLee County, TX0 BBLs489 MCFJan 2026
Stranger TLee County, TX53 BBLs2,489 MCFJan 2026
TishLee County, TX0 BBLs225 MCFJan 2026
TriggerLee County, TX0 BBLs1,139 MCFJan 2026
Zaragoza H06ZGLee County, TX486 BBLs22,452 MCFJan 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
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 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 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Aug 2025MAGNOLIA 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
03-297935OLEY UNIT 2Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-297935OLEY UNIT 2Dec 20244J ENERGY, LLCMAGNOLIA 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