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Texas oil lease

Producing

BUSCHA-HEMPEL UNIT

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

2 wells

2,173bbl oil, last 12 months−39% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-23299

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas, last 12 months
27,347 mcf
Oil in Jul 2026
207 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for BUSCHA-HEMPEL UNIT, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 2,173 bbl in the 12 months through Jul 2026, against 3,544 bbl in the 12 months before.Last 12 months: 2,173 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for BUSCHA-HEMPEL UNIT, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 2,173 bbl in the 12 months through Jul 2026, against 3,544 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 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 BUSCHA-HEMPEL 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 BUSCHA-HEMPEL 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.

2 wells on this lease

Wells on BUSCHA-HEMPEL UNIT
API numberWell no.Status
42-149-324251REShut-in
42-149-334892HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Oct 1, 2015
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

593.45 acres on the newest permit

A pooling certificate was filed

Permits for Buscha-Hempel Unit
API numberWell no.Acreson the permit
42-149-334892H593.45
42-149-324251593.45
42-149-324251RE593.45

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 BUSCHA-HEMPEL UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262073733,1883,1880$80.46$2.89
Jun 20262571873,1183,1180$84.81$3.15
May 20262721884,3204,3200$102.13$2.94
Apr 20263995564,5244,5240$100.32$2.77
Mar 20263803674,0124,0120$91.38$3.04
Feb 20262571904,4844,4840$64.51$3.62
Jan 2026001711710$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 20251191881,2581,2580$63.96$2.97
Aug 20252821822,2722,2720$64.86$2.91
Jul 20252723652,8562,8560$68.39$3.20
Jun 20252841903,4203,4200$68.17$3.02
May 20251721871,1461,1460$62.17$3.12
Apr 20253543852,6312,6310$63.54$3.42
Mar 20252631911,7251,7250$68.24$4.12
Feb 20252421942,3872,3870$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20241901899269260$70.12$3.01
Nov 20244615751,4391,4390$69.95$2.12
Oct 20243973701,2271,2270$71.99$2.20
Sep 20244805653,6123,6120$70.24$2.28
Aug 20244293813,3063,3060$76.68$1.99
Jul 20242753822,8222,8220$81.80$2.07
Jun 20245515754,7044,7040$79.77$2.54
May 202425204,5274,5270$80.02$2.12
Apr 2024553611,2001,2000$85.35$1.60
Mar 202418202,6812,6810$81.28$1.49
Feb 20241921953,0503,0500$77.25$1.72
Jan 20243323994,4004,4000$74.15$3.18
Dec 20232781814,4294,4290$71.90$2.52
Nov 20233153704,8974,8970$77.69$2.71
Oct 20234493895,4775,4770$85.64$2.98
Sep 20233693705,2865,2860$89.43$2.64
Aug 20234053874,9284,9280$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

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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