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Texas oil lease

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AIRPORT UNIT

Airport Unit is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

83mcf gas, last 12 months−82% vs prior year
RRC lease
03-22464

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 4 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 82% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 82% over the last 12 monthsMonthly gas production for AIRPORT UNIT, Aug 2023 to Jul 2026. Gas output fell 82% over the last 12 months. 83 mcf in the 12 months through Jul 2026, against 467 mcf in the 12 months before.Last 12 months: 83 mcfmcf per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 82% over the last 12 monthsMonthly gas production for AIRPORT UNIT, Aug 2023 to Jul 2026. Gas output fell 82% over the last 12 months. 83 mcf in the 12 months through Jul 2026, against 467 mcf in the 12 months before.Last 12 monthsmcf per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of AIRPORT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of AIRPORT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on AIRPORT UNIT
API numberWell no.Status
42-287-324331Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

681.57 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Airport Unit
API numberWell no.Acreson the permit
42-287-324331681.57

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY).
Realized prices reported by Magnolia Oil & Gas Corporation
QuarterOil$ per bblFiling
Q2 2026$98.13SEC filing
Q1 2026$70.29SEC filing
Q3 2025$63.55SEC filing
Q2 2025$62.20SEC filing
Q1 2025$69.81SEC filing
Q3 2024$74.23SEC filing

SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for AIRPORT UNIT
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026000$80.46$2.89
Jun 2026000$84.81$3.15
May 2026000$102.13$2.94
Apr 2026000$100.32$2.77
Mar 2026000$91.38$3.04
Feb 2026000$64.51$3.62
Jan 2026770$60.04$7.72
Dec 2025660$57.97$4.26
Nov 2025330$60.06$3.79
Oct 2025220$60.89$3.19
Sep 202525250$63.96$2.97
Aug 202540400$64.86$2.91
Jul 202544440$68.39$3.20
Jun 202528280$68.17$3.02
May 202528280$62.17$3.12
Apr 202540400$63.54$3.42
Mar 202527270$68.24$4.12
Feb 202539390$71.53$4.19
Jan 2025330$75.74$4.13
Dec 202428280$70.12$3.01
Nov 202443430$69.95$2.12
Oct 202456560$71.99$2.20
Sep 202469690$70.24$2.28
Aug 202462620$76.68$1.99
Jul 202453530$81.80$2.07
Jun 202456560$79.77$2.54
May 202461610$80.02$2.12
Apr 2024880$85.35$1.60
Mar 202445450$81.28$1.49
Feb 202451510$77.25$1.72
Jan 202438380$74.15$3.18
Dec 202357570$71.90$2.52
Nov 202364640$77.69$2.71
Oct 202356560$85.64$2.98
Sep 202348480$89.43$2.64
Aug 202346460$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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