Oil & Gas Property in Lee County, TX
Key data points for Tate Unit
| County | Lee County, TX |
|---|---|
| Operator | MAGNOLIA OIL & GAS OPERATING LLC |
| Production Dates | Aug 1994 - Aug 2025 |
| Total Oil Production | 158,072 BBLs |
| Total Gas Production | 1,686,574 MCF |
| Recent Oil Production | 266 BBLs in Jul 2025 |
| Recent Gas Production | 3,390 MCF in Jul 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Tate Unit
ShaleAssessment™
$9,712 *
MarketMultiple™
$9,834 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Tate Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albert | Lee County, TX | 0 BBLs | 0 MCF | May 2017 |
| Arldt | Lee County, TX | 110 BBLs | 0 MCF | Aug 2025 |
| Arldt Erwin E | Lee County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Bell Carol | Lee County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Calvin Jr | Lee County, TX | 23 BBLs | 0 MCF | Jul 2025 |
| Elmo Schulze | Lee County, TX | 0 BBLs | 0 MCF | Jun 2025 |
| Holmes | Lee County, TX | 10 BBLs | 0 MCF | Jul 2025 |
| Kurio | Lee County, TX | 30 BBLs | 0 MCF | Aug 2025 |
| Lorenz | Lee County, TX | 27 BBLs | 0 MCF | Aug 2025 |
| Luecke | Lee County, TX | 56 BBLs | 0 MCF | Aug 2025 |
| Mersiovsky | Lee County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Mertink | Lee County, TX | 0 BBLs | 0 MCF | Jun 2025 |
| Milrose | Lee County, TX | 0 BBLs | 0 MCF | Dec 2024 |
| Moerbe | Lee County, TX | 66 BBLs | 66 MCF | Aug 2025 |
| Noack | Lee County, TX | 49 BBLs | 0 MCF | Aug 2025 |
| North American | Lee County, TX | 73 BBLs | 0 MCF | Aug 2025 |
| Schulze | Lee County, TX | 98 BBLs | 680 MCF | Aug 2025 |
| Stewart | Lee County, TX | 61 BBLs | 0 MCF | Aug 2025 |
| Trapper Unit | Lee County, TX | 309 BBLs | 680 MCF | Aug 2025 |
| Weise | Lee County, TX | 168 BBLs | 0 MCF | Aug 2025 |
These are the closest 20 companies operating near the Tate Unit property.