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Royalty Clerk

Texas gas well

Producing

DIETZ O.L. UNIT

Dietz O.l. Unit is a gas well in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

317,993mcf gas, since Dec 2025
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-300358

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Oil, since Dec 2025
67,829 bbl
Gas in Jul 2026
39,335 mcf
First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Gas output fell 12% since Dec 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 12% since Dec 2025Monthly gas production and oil for DIETZ O.L. UNIT, Dec 2025 to Jul 2026. Gas output fell 12% since Dec 2025. Monthly average of 38,457 mcf in the latest 3 months, against 43,685 mcf in the first 3.mcf per monthbbl per month0010k5,00020k10k30k15k40k20k50k25kOct 25Jan 26AprJul
Gas output fell 12% since Dec 2025Monthly gas production and oil for DIETZ O.L. UNIT, Dec 2025 to Jul 2026. Gas output fell 12% since Dec 2025. Monthly average of 38,457 mcf in the latest 3 months, against 43,685 mcf in the first 3.mcf per monthbbl per month0010k5,00020k10k30k15k40k20k50k25kJan 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 8 months reported

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the 8 months reportedShare of DIETZ O.L. UNIT gas by disposition code each month, Dec 2025 to Jul 2026. Over 99% of the gas went to a transmission line in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
Over 99% of the gas went to a transmission line in the 8 months reportedShare of DIETZ O.L. UNIT gas by disposition code each month, Dec 2025 to Jul 2026. Over 99% of the gas went to a transmission line in the 8 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 316,864 mcf

  • Flared (4)

    0.3% · 871 mcf

  • Lease fuel (1)

    0.1% · 258 mcf

0.3% of the gas flared in the 8 months reported. No month above 3%.

1 well on this lease

Wells on DIETZ O.L. UNIT
API numberWell no.Status
42-477-31304H 05MCActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyCondensateGathers34Oct 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers33Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Et Gathering & Processing LLCGas-well gasBuys100Dec 25, 2024–
Energy Transfer CompanyGas-well gasGathers100Dec 25, 2024–
Energy Trans Crude Marketing LLCCondensateGathers30Dec 25, 2024Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers30Dec 25, 2024Oct 1, 2025
Shell Trading (Us) CompanyCondensateGathers40Dec 25, 2024Oct 1, 2025

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

Who buys my oilOil price check

546.33 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Dietz O.l. Unit
API numberWell no.Acreson the permit
42-477-31304H 05MC546.33

SourceRailroad Commission drilling permits, Oct 3, 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

8 months, newest first

Ledger for DIETZ O.L. UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,1456,10039,33539,20169$80.46$2.89
Jun 20266,6006,64639,35639,22372$84.81$3.15
May 20266,9987,01436,68036,60773$102.13$2.94
Apr 20267,1997,21134,70334,58553$100.32$2.77
Mar 20268,4358,53436,86436,705159$91.38$3.04
Feb 20269,8459,73341,63241,51284$64.51$3.62
Jan 202612,59012,62049,96149,762193$60.04$7.72
Dec 202510,0179,85039,46239,269168$57.97$4.26

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)CountyWashington County

Magnolia Oil & Gas Operating LLC in Washington County

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