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Texas oil lease

Producing

DROEMER, WALTER

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

1 well

269bbl oil, last 12 months+26% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-11182

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
4,183 mcf
Oil in Jul 2026
12 bbl

Production by month

Oil output rose 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 26% over the last 12 monthsMonthly oil production and gas for DROEMER, WALTER, Aug 2023 to Jul 2026. Oil output rose 26% over the last 12 months. 269 bbl in the 12 months through Jul 2026, against 213 bbl in the 12 months before.Last 12 months: 269 bblbbl per monthmcf per month0020100402006030080400100500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 26% over the last 12 monthsMonthly oil production and gas for DROEMER, WALTER, Aug 2023 to Jul 2026. Oil output rose 26% over the last 12 months. 269 bbl in the 12 months through Jul 2026, against 213 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020100402006030080400100500Jan 24JulJan 25JulJan 26Jul

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 DROEMER, WALTER 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 DROEMER, WALTER 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, through Jul 2026.

1 well on this lease

Wells on DROEMER, WALTER
API numberWell no.Status
42-287-302912Active

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

221.73 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

    The wells on this lease state different acreage

    The permits state between 221.73 and 239 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Droemer, Walter
API numberWell no.Acreson the permit
42-287-302912221.73
42-287-300241239

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

36 months, newest first

Ledger for DROEMER, WALTER
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026121673483480$80.46$2.89
Jun 20261603513510$84.81$3.15
May 20261703313310$102.13$2.94
Apr 20261403113110$100.32$2.77
Mar 20261303053050$91.38$3.04
Feb 20262002912910$64.51$3.62
Jan 20262223183180$60.04$7.72
Dec 20252203443440$57.97$4.26
Nov 20251803593590$60.06$3.79
Oct 20252103933930$60.89$3.19
Sep 2025331793953950$63.96$2.97
Aug 20256124374370$64.86$2.91
Jul 2025303473470$68.39$3.20
Jun 20251803753750$68.17$3.02
May 20253504244240$62.17$3.12
Apr 2025461804334330$63.54$3.42
Mar 20255004854850$68.24$4.12
Feb 20256104304300$71.53$4.19
Jan 20250069690$75.74$4.13
Dec 20240047470$70.12$3.01
Nov 2024001921920$69.95$2.12
Oct 2024002152150$71.99$2.20
Sep 2024001831830$70.24$2.28
Aug 2024002942940$76.68$1.99
Jul 2024003083080$81.80$2.07
Jun 2024003583580$79.77$2.54
May 2024003313310$80.02$2.12
Apr 20240067670$85.35$1.60
Mar 2024002932930$81.28$1.49
Feb 2024203023020$77.25$1.72
Jan 2024103833830$74.15$3.18
Dec 2023004614610$71.90$2.52
Nov 2023004354350$77.69$2.71
Oct 2023004514510$85.64$2.98
Sep 2023004404400$89.43$2.64
Aug 2023004584580$81.39$2.58

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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