Skip to content
Royalty Clerk

Texas oil lease

Shut in

BUNDICK-WELLS UNIT

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

1 well

48bbl oil, last 12 months−77% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Milam County
Field
Giddings (Austin Chalk-3)
RRC lease
03-23633

Is your check right?

Check my statement

Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 77% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 77% over the last 12 monthsMonthly oil production and gas for BUNDICK-WELLS UNIT, Aug 2023 to Jul 2026. Oil output fell 77% over the last 12 months. 48 bbl in the 12 months through Jul 2026, against 210 bbl in the 12 months before.Last 12 months: 48 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 77% over the last 12 monthsMonthly oil production and gas for BUNDICK-WELLS UNIT, Aug 2023 to Jul 2026. Oil output fell 77% over the last 12 months. 48 bbl in the 12 months through Jul 2026, against 210 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 6 months reported

All of the gas went to lease fuel in the 6 months reportedShare of BUNDICK-WELLS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel in the 6 months reported.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 6 months reportedShare of BUNDICK-WELLS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel in the 6 months reported.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.

1 well on this lease

Wells on BUNDICK-WELLS UNIT
API numberWell no.Status
42-331-335071Active

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 gasGathers100Jan 1, 2006–
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).

Who buys my oilOil price check

378.64 acres on the newest permit

A pooling certificate was filed

Permits for Bundick-Wells Unit
API numberWell no.Acreson the permit
42-331-335071378.64

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

36 months, newest first

Ledger for BUNDICK-WELLS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil00000$80.46$2.89
Jun 2026Magnolia Oil00000$84.81$3.15
May 2026Magnolia Oil00000$102.13$2.94
Apr 2026Magnolia Oil00000$100.32$2.77
Mar 2026Magnolia Oil00000$91.38$3.04
Feb 2026Magnolia Oil00000$64.51$3.62
Jan 2026Magnolia Oil00000$60.04$7.72
Dec 2025Magnolia Oil00000$57.97$4.26
Nov 2025Magnolia Oil470000$60.06$3.79
Oct 2025Magnolia Oil00000$60.89$3.19
Sep 2025Magnolia Oil00000$63.96$2.97
Aug 2025Magnolia Oil11000$64.86$2.91
Jul 2025Magnolia Oil00000$68.39$3.20
Jun 2025Magnolia Oil00000$68.17$3.02
May 2025Magnolia Oil00000$62.17$3.12
Apr 2025Magnolia Oil00000$63.54$3.42
Mar 2025Magnolia Oil00000$68.24$4.12
Feb 2025Magnolia Oil00000$71.53$4.19
Jan 2025Magnolia Oil240000$75.74$4.13
Dec 2024Magnolia Oil25160000$70.12$3.01
Nov 2024Magnolia Oil02000$69.95$2.12
Oct 2024Magnolia Oil01000$71.99$2.20
Sep 2024Magnolia Oil00000$70.24$2.28
Aug 2024Magnolia Oil1610000$76.68$1.99
Jul 2024Magnolia Oil01000$81.80$2.07
Jun 2024Magnolia Oil00000$79.77$2.54
May 2024Magnolia Oil1024000$80.02$2.12
Apr 2024Magnolia Oil0124000$85.35$1.60
Mar 2024Magnolia Oil8024800$81.28$1.49
Feb 2024Magnolia Oil00000$77.25$1.72
Jan 2024Magnolia Oil0024800$74.15$3.18
Dec 2023Magnolia Oil019524800$71.90$2.52
Nov 2023LRR Pecos00000$77.69$2.71
Oct 2023LRR Pecos00000$85.64$2.98
Sep 2023LRR Pecos00000$89.43$2.64
Aug 2023LRR Pecos80022500$81.39$2.58

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Milam County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km