Texas oil lease
ProducingBEAVER BLACK
Beaver Black is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-28146
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 220,886 mcf
- Oil in Jul 2026
- 3,479 bbl
Production by month
Oil output fell 59% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Over 99% of the gas went to a transmission line in the last 12 months
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
100% · 219,919 mcf
Flared (4)
0.3% · 716 mcf
Lease fuel (1)
0.1% · 251 mcf
0.3% of the gas flared in the last 12 months. No month above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-32777 | H 03BB | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 34 | Feb 8, 2024 |
| Enterprise Crude Oil LLC | Oil | Gathers | 33 | Feb 8, 2024 |
| Shell Trading (Us) Company | Oil | Gathers | 33 | Feb 8, 2024 |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Feb 8, 2024 |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Feb 8, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
30 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 3,479 | 3,460 | 13,377 | 13,332 | 23 | $80.46 | $2.89 |
| Jun 2026 | 3,193 | 3,212 | 15,267 | 15,215 | 28 | $84.81 | $3.15 |
| May 2026 | 3,169 | 3,184 | 12,511 | 12,486 | 25 | $102.13 | $2.94 |
| Apr 2026 | 3,766 | 3,753 | 15,609 | 15,556 | 24 | $100.32 | $2.77 |
| Mar 2026 | 3,389 | 3,424 | 16,377 | 16,306 | 71 | $91.38 | $3.04 |
| Feb 2026 | 3,789 | 3,737 | 17,722 | 17,671 | 36 | $64.51 | $3.62 |
| Jan 2026 | 3,938 | 3,974 | 15,277 | 15,216 | 59 | $60.04 | $7.72 |
| Dec 2025 | 4,498 | 4,496 | 19,511 | 19,416 | 83 | $57.97 | $4.26 |
| Nov 2025 | 5,205 | 5,215 | 24,238 | 24,037 | 133 | $60.06 | $3.79 |
| Oct 2025 | 5,677 | 5,729 | 25,635 | 25,486 | 119 | $60.89 | $3.19 |
| Sep 2025 | 5,923 | 5,902 | 23,202 | 23,113 | 49 | $63.96 | $2.97 |
| Aug 2025 | 6,912 | 6,872 | 22,160 | 22,085 | 66 | $64.86 | $2.91 |
| Jul 2025 | 9,369 | 9,415 | 25,019 | 24,927 | 53 | $68.39 | $3.20 |
| Jun 2025 | 11,905 | 11,831 | 26,794 | 26,670 | 69 | $68.17 | $3.02 |
| May 2025 | 4,830 | 4,839 | 4,716 | 4,610 | 26 | $62.17 | $3.12 |
| Apr 2025 | 2,580 | 2,558 | 2,458 | 2,444 | 10 | $63.54 | $3.42 |
| Mar 2025 | 7,626 | 7,714 | 11,015 | 10,953 | 46 | $68.24 | $4.12 |
| Feb 2025 | 6,736 | 6,926 | 8,762 | 8,731 | 17 | $71.53 | $4.19 |
| Jan 2025 | 12,518 | 12,434 | 22,285 | 22,171 | 64 | $75.74 | $4.13 |
| Dec 2024 | 14,804 | 14,771 | 24,517 | 24,411 | 49 | $70.12 | $3.01 |
| Nov 2024 | 16,518 | 16,594 | 23,935 | 23,845 | 44 | $69.95 | $2.12 |
| Oct 2024 | 14,608 | 14,455 | 16,018 | 16,018 | 0 | $71.99 | $2.20 |
| Sep 2024 | 14,061 | 14,140 | 15,459 | 15,410 | 30 | $70.24 | $2.28 |
| Aug 2024 | 14,611 | 14,573 | 13,896 | 13,851 | 31 | $76.68 | $1.99 |
| Jul 2024 | 18,139 | 18,058 | 16,774 | 16,732 | 23 | $81.80 | $2.07 |
| Jun 2024 | 18,573 | 18,777 | 22,152 | 22,151 | 1 | $79.77 | $2.54 |
| May 2024 | 18,297 | 18,384 | 17,218 | 17,218 | 0 | $80.02 | $2.12 |
| Apr 2024 | 16,748 | 16,735 | 17,077 | 17,052 | 0 | $85.35 | $1.60 |
| Mar 2024 | 21,624 | 21,529 | 17,806 | 17,786 | 0 | $81.28 | $1.49 |
| Feb 2024 | 16,147 | 15,852 | 14,685 | 14,652 | 15 | $77.25 | $1.72 |
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
Magnolia Oil & Gas Operating LLC in Lee County
- JOE THREE
66,634 bbl
- JOE FIVE
68,484 bbl
- BEAVER WHITE
62,203 bbl
- THUNDERCREEK SIX
250,388 mcf
- JOE ONE
51,789 bbl
- BEAVER ORANGE
53,126 bbl
- BEAVER TAIL
46,219 bbl
- DUNKIN UNIT
39,682 bbl
- BRUISER GREEN
38,562 bbl
- LEHMANN HEIRS OL UNIT
30,632 bbl
Giddings (Austin Chalk-3) field
- FLOWERS-REISTINO UNIT
63,743 bbl
- VOYAGEURS ELM
796,714 mcf
- TAHOE MOUNTAIN
520,908 mcf
- TOOTH FOUR
424,723 mcf
- TOOTH SIX
522,427 mcf
- THUNDERCREEK SIX
250,388 mcf
- ELEPHANT RUMBLE
423,777 mcf
- JOE ONE
51,789 bbl
- BEAVER ORANGE
53,126 bbl
- BISSONNETTE TWO
748,963 mcf
Leases within 10 km
- BEAVER DAM
96,943 bbl · 0 km
- BEAVER TAIL
46,219 bbl · 0 km
- BEAVER WHITE
62,203 bbl · 0 km
- BEAVER ORANGE
53,126 bbl · 0 km
- K-BOB #1
3,616 bbl · 0.7 km
- CHESTER
6,926 bbl · 1 km
- RANDOLPH
185,544 bbl · 1 km
- ULLRICH 'A'
16,104 bbl · 1.3 km
- LEHMANN HEIRS OL UNIT
30,632 bbl · 1.4 km
- DEBORAH
11,301 bbl · 1.6 km
Drilling permits within 10 km
CYCLONE EIGHT #H 08CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917165 · Jul 24, 2026
CYCLONE TEN #H 10CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917166 · Jul 24, 2026
CYCLONE TWELVE #H 12CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917167 · Jul 24, 2026
CYCLONE SIX #H 06CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917164 · Jul 23, 2026
CYCLONE TWO #H 02CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.1 km
Permit 0917162 · Jul 23, 2026