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Texas gas well · RRC district 03 · Lease 201524

Producing

COBB UNIT

Cobb Unit is a gas well in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 39,053 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

39,053mcf gas, last 12 months−32% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-201524

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County · RRC district 03Open Washington County →
Oil, last 12 months
2 bbl
Gas in Jul 2026
2,138 mcf
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output fell 32% over the last 12 months

39,053 mcf in the 12 months through Jul 2026, against 57,769 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
Gas output fell 32% over the last 12 monthsMonthly gas production and oil for COBB UNIT, Aug 2023 to Jul 2026. Gas output fell 32% over the last 12 months. 39,053 mcf in the 12 months through Jul 2026, against 57,769 mcf in the 12 months before.Last 12 months: 39,053 mcfmcf per monthbbl per month002,50015,00017,500210k2Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 32% over the last 12 monthsMonthly gas production and oil for COBB UNIT, Aug 2023 to Jul 2026. Gas output fell 32% over the last 12 months. 39,053 mcf in the 12 months through Jul 2026, against 57,769 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,50015,00017,500210k2Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 201524, district 03. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of COBB 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 COBB 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, gas disposition by code, lease 201524, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Magnolia Oil & Gas Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Magnolia Oil & Gas Operating…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Magnolia Oil & Gas Operating LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to gas well 201524 in district 03. The API number is the state’s ID for a well.
Wells on COBB UNIT
API numberWell no.Status
42-477-309452Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 201524.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Condensate

    Shell Trading (Us) Company, Energy Trans Crude Marketing LLC and Enterprise Crude Oil LLC gather it.

    Shell Trading (Us) Company gathers it: 34% of it, on the list since Oct 1, 2025 · Energy Trans Crude Marketing LLC gathers it: 33% of it, on the list since Oct 1, 2025 · Enterprise Crude Oil LLC gathers it: 33% of it, on the list since Oct 1, 2025

  • Gas from gas wells

    Magnolia Oil & Gas Operating LLC buys it; Energy Transfer Company gathers it.

    Magnolia Oil & Gas Operating LLC buys it: 100% of it, on the list since Sep 1, 2018 · Energy Transfer Company gathers it: 100% of it, on the list since May 1, 2005

Companies that used to be listed: Shell Trading (Us) Company (gathers it, until Oct 1, 2025).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,000 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jan 23, 2004
Latest permit
Nov 12, 2003

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Cobb Unit
API numberWell no.Acreson the permit
42-477-3094521,000

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says COBB UNIT sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for COBB UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil002,1382,1380$80.46$2.89
Jun 2026Magnolia Oil007087080$84.81$3.15
May 2026Magnolia Oil002,6622,6620$102.13$2.94
Apr 2026Magnolia Oil002,2232,2230$100.32$2.77
Mar 2026Magnolia Oil005,2335,2330$91.38$3.04
Feb 2026Magnolia Oil002,7382,7380$64.51$3.62
Jan 2026Magnolia Oil001,6891,6890$60.04$7.72
Dec 2025Magnolia Oil002,4232,4230$57.97$4.26
Nov 2025Magnolia Oil005,5835,5830$60.06$3.79
Oct 2025Magnolia Oil116,2326,2320$60.89$3.19
Sep 2025Magnolia Oil003,3523,3520$63.96$2.97
Aug 2025Magnolia Oil114,0724,0720$64.86$2.91
Jul 2025Magnolia Oil005,4485,4480$68.39$3.20
Jun 2025Magnolia Oil115,5675,5670$68.17$3.02
May 2025Magnolia Oil007,2467,2460$62.17$3.12
Apr 2025Magnolia Oil002,3682,3680$63.54$3.42
Mar 2025Magnolia Oil005,2835,2830$68.24$4.12
Feb 2025Magnolia Oil002,9102,9100$71.53$4.19
Jan 2025Magnolia Oil235,2265,2260$75.74$4.13
Dec 2024Magnolia Oil215,9975,9970$70.12$3.01
Nov 2024Magnolia Oil008,6258,6250$69.95$2.12
Oct 2024Magnolia Oil0027270$71.99$2.20
Sep 2024Magnolia Oil005,7365,7360$70.24$2.28
Aug 2024Magnolia Oil003,3363,3360$76.68$1.99
Jul 2024Magnolia Oil004,4134,4130$81.80$2.07
Jun 2024Magnolia Oil006,4636,4630$79.77$2.54
May 2024Magnolia Oil008,0558,0550$80.02$2.12
Apr 2024Magnolia Oil002,7772,7770$85.35$1.60
Mar 2024Magnolia Oil003,1593,1590$81.28$1.49
Feb 2024Magnolia Oil003,3663,3660$77.25$1.72
Jan 2024Magnolia Oil007837830$74.15$3.18
Dec 2023Magnolia Oil005,4545,4540$71.90$2.52
Nov 2023Magnolia Oil005,3445,3440$77.69$2.71
Oct 2023Magnolia Oil005,3585,3580$85.64$2.98
Sep 2023Magnolia Oil005,5835,5830$89.43$2.64
Aug 2023Magnolia Oil006,3056,3050$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Washington County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • HODDE

    14,808 mcf last 12 months · 1.6 km away

  • COBB UNIT

    2,063 mcf last 12 months · 1.6 km away

  • HAHN

    11,444 mcf last 12 months · 1.7 km away

  • JARMON UNIT

    0 mcf last 12 months · 1.7 km away

  • COBB UNIT

    26,517 mcf last 12 months · 1.9 km away

New drilling permits in Washington County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 201524, district 03, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about COBB UNIT

Who operates the COBB UNIT lease?

The Railroad Commission lists Magnolia Oil & Gas Operating LLC (operator number 521544) as the operator of this lease in Washington County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the COBB UNIT lease produced?

The lease reported 2 bbl of oil and 39,053 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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