Texas oil lease
ProducingCHERYL
Cheryl is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Navarro, Oil) field.
Oil lease dossier
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-24179
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 1,058 mcf
- Oil in Jul 2026
- 19 bbl
Checks stopped on this lease?
- Operator
Operator changed: Magnolia Oil & Gas Operating LLC took over from U. S. Operating, Inc. in Aug 2025.
- P-5
The previous operator's P-5 registration is listed as inactive since Nov 26, 2025 (last P-5 filed Nov 18, 2024).
- Sales
No sales reported for the last 9 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 69% 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
All of the gas went to a transmission line in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Aug 2025
- Magnolia Oil & Gas Operating LLC Aug 2025 to now
- U. S. Operating, Inc. Jan 2020 to Jul 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Shell Trading (Us) Company | Oil | Gathers | 100 | Jan 1, 2019 | – |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Jan 1, 2016 | Jan 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
80 acres on the newest permit
- Good to know
A pooling certificate (P-12) was filed
Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-30558 | 1RE | Sep 10, 2001 | May 23, 2002 | 80 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 19 | 0 | 61 | 61 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 63 | 0 | 45 | 45 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | 5 | 5 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | 41 | 41 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 36 | 36 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | 32 | 32 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 0 | 0 | 76 | 76 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | 115 | 115 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 27 | 45 | 203 | 203 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 65 | 176 | 217 | 217 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 70 | 10 | 227 | 227 | 0 | $64.86 | $2.91 |
| Jul 2025U. S. | 69 | 82 | 26 | 26 | 0 | $68.39 | $3.20 |
| Jun 2025U. S. | 64 | 32 | 209 | 209 | 0 | $68.17 | $3.02 |
| May 2025U. S. | 86 | 82 | 201 | 201 | 0 | $62.17 | $3.12 |
| Apr 2025U. S. | 73 | 72 | 217 | 217 | 0 | $63.54 | $3.42 |
| Mar 2025U. S. | 73 | 59 | 232 | 232 | 0 | $68.24 | $4.12 |
| Feb 2025U. S. | 114 | 73 | 290 | 290 | 0 | $71.53 | $4.19 |
| Jan 2025U. S. | 0 | 0 | 53 | 53 | 0 | $75.74 | $4.13 |
| Dec 2024U. S. | 22 | 97 | 110 | 110 | 0 | $70.12 | $3.01 |
| Nov 2024U. S. | 65 | 85 | 214 | 214 | 0 | $69.95 | $2.12 |
| Oct 2024U. S. | 77 | 0 | 233 | 233 | 0 | $71.99 | $2.20 |
| Sep 2024U. S. | 70 | 73 | 215 | 215 | 0 | $70.24 | $2.28 |
| Aug 2024U. S. | 70 | 85 | 212 | 212 | 0 | $76.68 | $1.99 |
| Jul 2024U. S. | 51 | 99 | 211 | 211 | 0 | $81.80 | $2.07 |
| Jun 2024U. S. | 68 | 130 | 243 | 243 | 0 | $79.77 | $2.54 |
| May 2024U. S. | 75 | 0 | 267 | 267 | 0 | $80.02 | $2.12 |
| Apr 2024U. S. | 18 | 0 | 53 | 53 | 0 | $85.35 | $1.60 |
| Mar 2024U. S. | 67 | 92 | 222 | 222 | 0 | $81.28 | $1.49 |
| Feb 2024U. S. | 58 | 42 | 205 | 205 | 0 | $77.25 | $1.72 |
| Jan 2024U. S. | 71 | 87 | 214 | 214 | 0 | $74.15 | $3.18 |
| Dec 2023U. S. | 59 | 0 | 218 | 218 | 0 | $71.90 | $2.52 |
| Nov 2023U. S. | 69 | 114 | 213 | 213 | 0 | $77.69 | $2.71 |
| Oct 2023U. S. | 62 | 85 | 225 | 225 | 0 | $85.64 | $2.98 |
| Sep 2023U. S. | 52 | 0 | 223 | 223 | 0 | $89.43 | $2.64 |
| Aug 2023U. S. | 72 | 49 | 233 | 233 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- HELEN #1 UNIT
243 bbl
- DUKE
6,823 mcf
- TURNER, RUBY
141 bbl
- JOYCE
101 bbl
- WINTER-HAMILTON UNIT
277 bbl
- JOAN
210 bbl
- HILLIARD UNIT
70 bbl
- JENEVA
83 bbl
- GRIFFIN-PRUEGNER UNIT
32 bbl
- MARTHA
249 bbl
Giddings (Navarro, Oil) field
- JANE
597 bbl
- GANTT, T.K.
385 bbl
- IRENE
419 bbl
- HARRIET (NAVARRO)
390 bbl
- ROSE
216 bbl
- JOAN
210 bbl
- MARTHA
249 bbl
- SUSAN MARIE
157 bbl
- GANTT, T.K. "B"
180 bbl
- GANTH, T.K. 'C'
106 bbl
New drilling permits in Lee County
Newest in the county: this lease has no coordinates.
LAGUNA A #1HE
new drill · horizontal · Wildfire Energy Operating LLC · Lee County
Permit 0917913 · Sep 10, 2026
LAGUNA B #2HE
new drill · horizontal · Wildfire Energy Operating LLC · Lee County
Permit 0917927 · Aug 21, 2026
NELDA #1H
recompletion · horizontal · Ironbloom Operating, LLC · Lee County
Permit 0917170 · Jul 16, 2026
BUCK TRAVIS TWO #H 02BT
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County
Permit 0916801 · Jul 8, 2026
ALBERT LUECKE EF NORTH #1H
new drill · horizontal · Sage Natural Resources LLC · Lee County
Permit 0916816 · Jul 1, 2026