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Texas oil lease

Producing

ANDREWS UNIT

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

2 wells

1,681bbl oil, last 12 months−16% vs prior year
RRC lease
03-23640

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County
Gas, last 12 months
2,920 mcf
Oil in Jul 2026
138 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for ANDREWS UNIT, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 1,681 bbl in the 12 months through Jul 2026, against 1,999 bbl in the 12 months before.Last 12 months: 1,681 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for ANDREWS UNIT, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 1,681 bbl in the 12 months through Jul 2026, against 1,999 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of ANDREWS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 lease fuel in the last 12 monthsShare of ANDREWS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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.

Who has run this lease

The operator changed 2 times, most recently in Dec 2023

Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, L…Jan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating…Dec 2023 to now
Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, LLCJan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on ANDREWS UNIT
API numberWell no.Status
42-331-334931Active
42-331-340952Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers75Jul 1, 2021–
4J Energy, LLCOilGathers25Jul 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2016–
Energy Transfer CompanyCasinghead gasGathers100Jul 7, 2016–
Buckhead Midstream, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Shell Trading (Us) CompanyOilGathers25Jul 1, 2020Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Jul 1, 2020Jul 1, 2021
Texican Crude&hydrocarbons, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Buckhead Midstream, LLCOilGathers20Jun 1, 2020Jul 1, 2020
Shell Trading (Us) CompanyOilGathers70Jun 1, 2020Jul 1, 2020

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

1,320 acres on the newest permit

A pooling certificate was filed

Permits for Andrews Unit
API numberWell no.Acreson the permit
42-331-3409521,320
42-331-3349311,361.63

SourceRailroad Commission drilling permits, Sep 26, 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 ANDREWS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil13817824800$80.46$2.89
Jun 2026Magnolia Oil139024000$84.81$3.15
May 2026Magnolia Oil13717424800$102.13$2.94
Apr 2026Magnolia Oil13918024000$100.32$2.77
Mar 2026Magnolia Oil14317724800$91.38$3.04
Feb 2026Magnolia Oil12716822400$64.51$3.62
Jan 2026Magnolia Oil11217524800$60.04$7.72
Dec 2025Magnolia Oil156024800$57.97$4.26
Nov 2025Magnolia Oil14317324000$60.06$3.79
Oct 2025Magnolia Oil15017624800$60.89$3.19
Sep 2025Magnolia Oil15016824000$63.96$2.97
Aug 2025Magnolia Oil14736324800$64.86$2.91
Jul 2025Magnolia Oil16517124800$68.39$3.20
Jun 2025Magnolia Oil23735624000$68.17$3.02
May 2025Magnolia Oil9203200$62.17$3.12
Apr 2025Magnolia Oil127118400$63.54$3.42
Mar 2025Magnolia Oil172024800$68.24$4.12
Feb 2025Magnolia Oil15617722400$71.53$4.19
Jan 2025Magnolia Oil18118024800$75.74$4.13
Dec 2024Magnolia Oil16917923700$70.12$3.01
Nov 2024Magnolia Oil17317524000$69.95$2.12
Oct 2024Magnolia Oil18216923200$71.99$2.20
Sep 2024Magnolia Oil16817324000$70.24$2.28
Aug 2024Magnolia Oil17717524800$76.68$1.99
Jul 2024Magnolia Oil17916524800$81.80$2.07
Jun 2024Magnolia Oil17317624000$79.77$2.54
May 2024Magnolia Oil18717624800$80.02$2.12
Apr 2024Magnolia Oil18717224000$85.35$1.60
Mar 2024Magnolia Oil20518724800$81.28$1.49
Feb 2024Magnolia Oil24534117600$77.25$1.72
Jan 2024Magnolia Oil21717624400$74.15$3.18
Dec 2023Magnolia Oil20816524800$71.90$2.52
Nov 2023LRR Pecos22218624000$77.69$2.71
Oct 2023LRR Pecos22635124400$85.64$2.98
Sep 2023LRR Pecos23117523600$89.43$2.64
Aug 2023LRR Pecos24517124800$81.39$2.58

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

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Nearby

Magnolia Oil & Gas Operating LLC in Milam County

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Giddings (Austin Chalk-3) field

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