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Royalty Clerk

Texas gas well

Producing

DREDD

Dredd is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

175,842mcf gas, last 12 months−13% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-289635

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, last 12 months
16,026 bbl
Gas in Jul 2026
14,808 mcf

Production by month

Gas output fell 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for DREDD, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 175,842 mcf in the 12 months through Jul 2026, against 202,880 mcf in the 12 months before.Last 12 months: 175,842 mcfmcf per monthbbl per month005,00050010k1,00015k1,50020k2,00025k2,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for DREDD, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 175,842 mcf in the 12 months through Jul 2026, against 202,880 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,00050010k1,00015k1,50020k2,00025k2,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of DREDD gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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
98% of the gas went to a transmission line in the last 12 monthsShare of DREDD gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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.

  • Transmission line (2)

    98% · 172,402 mcf

  • Lease fuel (1)

    1.9% · 3,377 mcf

  • Flared (4)

    0.0% · 63 mcf

Who has run this lease

The operator changed once, most recently in Dec 2022

Operators of this lease over timeRamtex Energy LLC, Feb 2020 to Nov 2022; Magnolia Oil & Gas Operating LLC, Dec 2022 to Jul 2026202120222023202420252026Changed Dec 2022Ramtex Energy LLCFeb 2020 to Nov 2022Magnolia Oil & Gas Operating…Dec 2022 to now
Operators of this lease over timeRamtex Energy LLC, Feb 2020 to Nov 2022; Magnolia Oil & Gas Operating LLC, Dec 2022 to Jul 2026202120222023202420252026Changed Dec 2022Ramtex Energy LLCFeb 2020 to Nov 2022Magnolia Oil & Gas Operating LLCDec 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DREDD
API numberWell no.Status
42-149-334821HActive

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 gasBuys100Oct 1, 2023–
Energy Transfer CompanyGas-well gasGathers100Oct 1, 2023–
Shell Trading (Us) CompanyCondensateGathers100Jul 26, 2019Oct 1, 2025
Ramtex Energy LLCGas-well gasGathers100Jul 26, 2019Oct 1, 2023
Etc Texas P/L, LTDGas-well gasBuys100Jul 26, 2019Oct 1, 2023

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

Who buys my oilOil price check

1,633.22 acres on the newest permit

An allocation well is on this lease

Permits for Dredd
API numberWell no.Acreson the permit
42-149-334821H1,633.22

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 DREDD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil1,2921,24514,80814,49411$80.46$2.89
Jun 2026Magnolia Oil1,3611,49814,04113,7570$84.81$3.15
May 2026Magnolia Oil1,4051,22513,65713,3610$102.13$2.94
Apr 2026Magnolia Oil1,3281,43312,79912,49815$100.32$2.77
Mar 2026Magnolia Oil1,3101,30812,64512,3540$91.38$3.04
Feb 2026Magnolia Oil1,3911,36413,63713,3790$64.51$3.62
Jan 2026Magnolia Oil1,4071,53315,02314,7710$60.04$7.72
Dec 2025Magnolia Oil1,3181,03915,87315,5755$57.97$4.26
Nov 2025Magnolia Oil1,2911,43714,57614,28310$60.06$3.79
Oct 2025Magnolia Oil1,3781,08717,07216,7687$60.89$3.19
Sep 2025Magnolia Oil1,3801,67116,12015,8585$63.96$2.97
Aug 2025Magnolia Oil1,1651,25515,59115,30410$64.86$2.91
Jul 2025Magnolia Oil1,4281,09318,16017,8800$68.39$3.20
Jun 2025Magnolia Oil1,5001,47618,60818,3270$68.17$3.02
May 2025Magnolia Oil1,7271,97818,55218,2640$62.17$3.12
Apr 2025Magnolia Oil1,9602,06419,53319,2407$63.54$3.42
Mar 2025Magnolia Oil1,8721,88618,10517,79716$68.24$4.12
Feb 2025Magnolia Oil2,1171,85517,75417,42219$71.53$4.19
Jan 2025Magnolia Oil2,4342,68817,52217,18512$75.74$4.13
Dec 2024Magnolia Oil1,4611,43812,38912,14722$70.12$3.01
Nov 2024Magnolia Oil1,8101,79414,83814,50151$69.95$2.12
Oct 2024Magnolia Oil1,2901,19414,29413,95417$71.99$2.20
Sep 2024Magnolia Oil1,4411,36116,19216,12666$70.24$2.28
Aug 2024Magnolia Oil1,3711,22316,93316,586347$76.68$1.99
Jul 2024Magnolia Oil1,5301,63917,25816,974284$81.80$2.07
Jun 2024Magnolia Oil1,6781,74813,04612,789257$79.77$2.54
May 2024Magnolia Oil1,6001,49111,22610,953273$80.02$2.12
Apr 2024Magnolia Oil1,5321,73612,77612,502274$85.35$1.60
Mar 2024Magnolia Oil1,8921,79115,98915,592397$81.28$1.49
Feb 2024Magnolia Oil1,8401,68613,43513,123312$77.25$1.72
Jan 2024Magnolia Oil1,3571,5689,9449,724220$74.15$3.18
Dec 2023Magnolia Oil1,4231,23511,87211,586286$71.90$2.52
Nov 2023Magnolia Oil1,6721,76918,51318,240273$77.69$2.71
Oct 2023Magnolia Oil1,8051,81813,16413,052112$85.64$2.98
Sep 2023Magnolia Oil1,7551,92515,10215,1020$89.43$2.64
Aug 2023Magnolia Oil1,1881,20511,46211,4620$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Fayette County

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