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Texas oil lease

Producing

CASTLEMAN UNIT

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

1 well

5bbl oil, last 12 months−100% vs prior year
RRC lease
03-23288

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas, last 12 months
1,076 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 100% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for CASTLEMAN UNIT, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 5 bbl in the 12 months through Jul 2026, against 1,617 bbl in the 12 months before.Last 12 months: 5 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for CASTLEMAN UNIT, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 5 bbl in the 12 months through Jul 2026, against 1,617 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 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 CASTLEMAN 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 CASTLEMAN 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.

1 well on this lease

Wells on CASTLEMAN UNIT
API numberWell no.Status
42-149-330481Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Dec 1, 2022

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

342.82 acres on the newest permit

A pooling certificate was filed

Permits for Castleman Unit
API numberWell no.Acreson the permit
42-149-330481342.82

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 CASTLEMAN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026001091090$80.46$2.89
Jun 20260821151150$84.81$3.15
May 202600000$102.13$2.94
Apr 20260077770$100.32$2.77
Mar 20260023230$91.38$3.04
Feb 20260039390$64.51$3.62
Jan 20260084840$60.04$7.72
Dec 2025001161160$57.97$4.26
Nov 2025001541540$60.06$3.79
Oct 2025002832830$60.89$3.19
Sep 202500000$63.96$2.97
Aug 20255076760$64.86$2.91
Jul 20251501977897890$68.39$3.20
Jun 20251311908908900$68.17$3.02
May 202517278548540$62.17$3.12
Apr 20251461928428420$63.54$3.42
Mar 20251711951,0771,0770$68.24$4.12
Feb 20251901969729720$71.53$4.19
Jan 20251621961,0931,0930$75.74$4.13
Dec 202412409699690$70.12$3.01
Nov 20241581911,1291,1290$69.95$2.12
Oct 2024491676106100$71.99$2.20
Sep 20245038608600$70.24$2.28
Aug 202411447617610$76.68$1.99
Jul 2024761617447440$81.80$2.07
Jun 2024751888718710$79.77$2.54
May 202411638908900$80.02$2.12
Apr 2024911839109100$85.35$1.60
Mar 202410648538530$81.28$1.49
Feb 2024991989119110$77.25$1.72
Jan 202414109149140$74.15$3.18
Dec 20231231819999990$71.90$2.52
Nov 20231491881,0091,0090$77.69$2.71
Oct 202313371,1051,1050$85.64$2.98
Sep 2023981898928920$89.43$2.64
Aug 20237929229220$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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Giddings (Austin Chalk-3) field

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