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Texas oil lease

Producing

CASCADES ONE

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

1 well

159,305bbl oil, last 12 months
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-28229

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
358,087 mcf
Oil in Jul 2026
7,464 bbl

Production by month

Oil output fell 64% since Feb 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 64% since Feb 2025Monthly oil production and gas for CASCADES ONE, Feb 2025 to Jul 2026. Oil output fell 64% since Feb 2025. Monthly average of 8,258 bbl in the latest 3 months, against 23,197 bbl in the first 3.Last 12 months: 159,305 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kApr 25JulOctJan 26AprJul
Oil output fell 64% since Feb 2025Monthly oil production and gas for CASCADES ONE, Feb 2025 to Jul 2026. Oil output fell 64% since Feb 2025. Monthly average of 8,258 bbl in the latest 3 months, against 23,197 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25Jan 26Jul

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)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of CASCADES ONE gas by disposition code each month, Feb 2025 to Jul 2026. Over 99% 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%Apr 25JulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of CASCADES ONE gas by disposition code each month, Feb 2025 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 356,616 mcf

  • Flared (4)

    0.3% · 1,083 mcf

  • Lease fuel (1)

    0.1% · 388 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on CASCADES ONE
API numberWell no.Status
42-287-32792H 01CTShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Et Gathering & Processing LLCOilGathers40Feb 9, 2025
Energy Trans Crude Marketing LLCOilGathers30Feb 9, 2025
Shell Trading (Us) CompanyOilGathers30Feb 9, 2025
Energy Transfer CompanyCasinghead gasBuys100Feb 9, 2025
Energy Transfer CompanyCasinghead gasGathers100Feb 9, 2025

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

Who buys my oilOil price check

1,329.81 acres on the newest permit

An allocation well is on this lease

Permits for Cascades One
API numberWell no.Acreson the permit
42-287-32792H 01CT1,329.81

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

18 months, newest first

Ledger for CASCADES ONE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,4647,40930,52530,42253$80.46$2.89
Jun 20268,1888,25033,24933,13661$84.81$3.15
May 20269,1229,15431,08831,02662$102.13$2.94
Apr 202610,50410,48834,97134,85254$100.32$2.77
Mar 20269,95010,10728,55628,433123$91.38$3.04
Feb 202613,44413,25737,28737,17976$64.51$3.62
Jan 202613,78713,92829,88629,768115$60.04$7.72
Dec 202516,39316,37631,89931,744135$57.97$4.26
Nov 202518,49418,47731,94731,682175$60.06$3.79
Oct 202516,79416,94425,34425,197118$60.89$3.19
Sep 202517,24617,15322,14422,05947$63.96$2.97
Aug 202517,91917,73821,19121,11864$64.86$2.91
Jul 202519,46519,52022,95422,87048$68.39$3.20
Jun 202518,36818,37725,74425,62566$68.17$3.02
May 202522,02922,31130,97830,282171$62.17$3.12
Apr 202525,22024,86634,06633,877137$63.54$3.42
Mar 202528,18328,34736,97836,769156$68.24$4.12
Feb 202516,18815,91121,05920,98441$71.53$4.19

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

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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Lee County

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