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Texas oil lease

No report in 6+ months

COLLINS, MYRTLE UNIT

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

1 well

3mcf gas, last 12 months−96% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-13601

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas in May 2025
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    All 2 wells on this lease are marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 96% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 96% over the last 12 monthsMonthly gas production and oil for COLLINS, MYRTLE UNIT, Jun 2022 to May 2025. Gas output fell 96% over the last 12 months. 3 mcf in the 12 months through May 2025, against 75 mcf in the 12 months before.Last 12 months: 3 mcfmcf per monthbbl per month0020540106015802010025Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
Gas output fell 96% over the last 12 monthsMonthly gas production and oil for COLLINS, MYRTLE UNIT, Jun 2022 to May 2025. Gas output fell 96% over the last 12 months. 3 mcf in the 12 months through May 2025, against 75 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020540106015802010025Jul 22Jan 23JulJan 24JulJan 25

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 COLLINS, MYRTLE UNIT gas by disposition code each month, Jun 2022 to May 2025. 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%Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
All of the gas went to a transmission line in the last 12 monthsShare of COLLINS, MYRTLE UNIT gas by disposition code each month, Jun 2022 to May 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on COLLINS, MYRTLE UNIT
API numberWell no.Status
42-287-307971REActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

337.33 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.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Collins, Myrtle Unit
API numberWell no.Acreson the permit
42-287-307971337.33
42-287-307971RE337.33

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 COLLINS, MYRTLE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500330$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400550$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202400220$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 2023049220$71.90$2.52
Nov 202300000$77.69$2.71
Oct 20231125250$85.64$2.98
Sep 202300770$89.43$2.64
Aug 20230012120$81.39$2.58
Jul 20230012120$76.07$2.55
Jun 20231110100$70.25$2.18
May 20239224240$71.58$2.15
Apr 20231217523230$79.45$2.16
Mar 202321326260$73.28$2.31
Feb 202320152520$76.83$2.38
Jan 20238140400$78.12$3.27
Dec 202200990$76.44$5.53
Nov 202200660$84.37$5.45
Oct 202244770$87.55$5.66
Sep 2022109990$84.26$7.88
Aug 202266770$93.67$8.81
Jul 20225425250$101.62$7.28
Jun 202222000$114.84$7.70

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

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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Giddings (Austin Chalk-3) field

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