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Royalty Clerk

Texas gas well

Producing

ALE TWO

Ale Two is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

518,538mcf gas, since Dec 2025
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-301327

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, since Dec 2025
79,454 bbl
Gas in Jul 2026
62,665 mcf

Production by month

Gas output rose 3% since Dec 2025

  • Gas (bars)
  • Oil (line)
Gas output rose 3% since Dec 2025Monthly gas production and oil for ALE TWO, Dec 2025 to Jul 2026. Gas output rose 3% since Dec 2025. Monthly average of 64,576 mcf in the latest 3 months, against 62,487 mcf in the first 3.mcf per monthbbl per month0020k5,00040k10k60k15k80k20kOct 25Jan 26AprJul
Gas output rose 3% since Dec 2025Monthly gas production and oil for ALE TWO, Dec 2025 to Jul 2026. Gas output rose 3% since Dec 2025. Monthly average of 64,576 mcf in the latest 3 months, against 62,487 mcf in the first 3.mcf per monthbbl per month0020k5,00040k10k60k15k80k20kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the 8 months reported

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the 8 months reportedShare of ALE TWO gas by disposition code each month, Dec 2025 to Jul 2026. 96% of the gas went to a transmission line in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
96% of the gas went to a transmission line in the 8 months reportedShare of ALE TWO gas by disposition code each month, Dec 2025 to Jul 2026. 96% of the gas went to a transmission line in the 8 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 499,173 mcf

  • Lease fuel (1)

    2.9% · 14,900 mcf

  • Flared (4)

    0.9% · 4,465 mcf

0.9% of the gas flared in the 8 months reported. No month above 3%.

1 well on this lease

Wells on ALE TWO
API numberWell no.Status
42-149-33621H 02HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCCondensateGathers34Dec 2, 2025
Energy Trans Crude Marketing LLCCondensateGathers33Dec 2, 2025
Shell Trading (Us) CompanyCondensateGathers33Dec 2, 2025
Et Gathering & Processing LLCGas-well gasBuys100Dec 2, 2025
Energy Transfer CompanyGas-well gasGathers100Dec 2, 2025

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

Who buys my oilOil price check

1,032.30 acres on the newest permit

An allocation well is on this lease

Permits for Ale Two
API numberWell no.Acreson the permit
42-149-33621H 02HA1,032.30

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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

8 months, newest first

Ledger for ALE TWO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,2757,03362,66560,884390$80.46$2.89
Jun 20267,3807,44464,14161,432417$84.81$3.15
May 20268,3828,60266,92264,119351$102.13$2.94
Apr 20269,4119,18566,27763,894218$100.32$2.77
Mar 202610,25410,19871,07368,606285$91.38$3.04
Feb 20269,6549,79359,43256,0201,334$64.51$3.62
Jan 202612,82812,78065,01863,105573$60.04$7.72
Dec 202514,27014,04563,01061,113897$57.97$4.26

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyFayette County

Magnolia Oil & Gas Operating LLC in Fayette County

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