Texas oil lease
ProducingENVY TWO
Envy Two is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-28279
Is your check right?
Where it sits
This county
- Gas, since Sep 2025
- 222,242 mcf
- Oil in Jul 2026
- 10,216 bbl
Production by month
Oil output rose 17% since Sep 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a transmission line in the 11 months reported
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 218,385 mcf
Flared (4)
0.9% · 2,001 mcf
Lease fuel (1)
0.8% · 1,856 mcf
0.9% of the gas flared in the 11 months reported. No month above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-149-33611 | H 02AE | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 34 | Sep 26, 2025 |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 33 | Sep 26, 2025 |
| Shell Trading (Us) Company | Oil | Gathers | 33 | Sep 26, 2025 |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Sep 26, 2025 |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Sep 26, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
11 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 10,216 | 10,037 | 29,044 | 28,475 | 227 | $80.46 | $2.89 |
| Jun 2026 | 10,627 | 10,649 | 26,781 | 26,365 | 214 | $84.81 | $3.15 |
| May 2026 | 12,980 | 13,132 | 26,751 | 26,372 | 159 | $102.13 | $2.94 |
| Apr 2026 | 13,744 | 13,534 | 24,205 | 23,926 | 119 | $100.32 | $2.77 |
| Mar 2026 | 13,360 | 13,327 | 21,834 | 21,559 | 126 | $91.38 | $3.04 |
| Feb 2026 | 10,547 | 10,584 | 17,575 | 17,229 | 223 | $64.51 | $3.62 |
| Jan 2026 | 12,368 | 12,359 | 18,426 | 17,951 | 305 | $60.04 | $7.72 |
| Dec 2025 | 13,398 | 13,349 | 18,344 | 18,040 | 121 | $57.97 | $4.26 |
| Nov 2025 | 13,096 | 13,195 | 19,112 | 18,700 | 287 | $60.06 | $3.79 |
| Oct 2025 | 13,810 | 13,888 | 18,306 | 17,937 | 206 | $60.89 | $3.19 |
| Sep 2025 | 1,941 | 1,684 | 1,864 | 1,831 | 14 | $63.96 | $2.97 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- DUBS HUSKY SIX
1,275,585 mcf
- DUBS HUSKY TWO
1,096,070 mcf
- MARCUS ONE
1,233,718 mcf
- CY FIVE
568,220 mcf
- MARCUS FIVE
1,254,289 mcf
- CY SEVEN
501,699 mcf
- BISS ONE
1,187,924 mcf
- SUMMERBLISS TWO
450,774 mcf
- ALE TWO
518,538 mcf
- BISSONNETTE SIX
1,411,520 mcf
Giddings (Austin Chalk-3) field
- BALDWIN ONE
675,688 mcf
- LOUIE FIVE
1,338,581 mcf
- CY FIVE
568,220 mcf
- MARCUS FIVE
1,254,289 mcf
- BALDWIN FIVE
861,951 mcf
- RAZORBACK SIX
778,864 mcf
- ARCHES SIX
760,451 mcf
- ARAGORN B
123,291 bbl
- BALDWIN THREE
747,072 mcf
- THUNDERCREEK TWO
111,526 bbl
Leases within 10 km
- ENVY FOUR
186,116 bbl · 0 km
- ENVY SIX
194,757 bbl · 0 km
- AVERYE
2,293 bbl · 0.9 km
- A. BUSCHA OIL UNIT
8,623 bbl · 0.9 km
- PASEUR-SCHKADE UNIT
3,053 bbl · 1.1 km
- WOLF
108 bbl · 1.8 km
- GOLDAPP, WM.
3,478 bbl · 1.8 km
- BERNSHAUSEN UNIT
981 bbl · 1.8 km
- ZOCH, EUGENE
2,257 bbl · 2.1 km
- CRUSE-LEHMANN UNIT
1,791 bbl · 2.5 km
Drilling permits within 10 km
KONA FOUR #H 04KO
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 5.7 km
Permit 0918553 · Sep 15, 2026
KONA SIX #H 06KO
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 5.7 km
Permit 0918561 · Sep 15, 2026
KONA TWO #H 02KO
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 5.7 km
Permit 0918552 · Sep 14, 2026
HOLLIDAY EF #2H
new drill · horizontal · Sage Natural Resources LLC · Fayette County · 2.2 km
Permit 0918058 · Aug 26, 2026
HOLLIDAY EF #1H
new drill · horizontal · Sage Natural Resources LLC · Fayette County · 2.2 km
Permit 0918057 · Aug 26, 2026