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Texas oil lease · RRC district 01 · Lease 15441

Producing

FELPS

Felps is an oil lease in Zavala County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Briscoe Ranch (Eagleford) field. The Railroad Commission shows 4,852 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

4,852bbl oil, last 12 months+400% vs prior year
RRC lease
01-15441

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Where it sits

This county

Zavala CountyZavalaUvaldeKinneyMedinaFrioMaverickZavala County
Zavala County · RRC district 01Open Zavala County →
Gas, last 12 months
953 mcf
Oil in Jul 2026
355 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 400% over the last 12 months

4,852 bbl in the 12 months through Jul 2026, against 971 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 400% over the last 12 monthsMonthly oil production and gas for FELPS, Aug 2023 to Jul 2026. Oil output rose 400% over the last 12 months. 4,852 bbl in the 12 months through Jul 2026, against 971 bbl in the 12 months before.Last 12 months: 4,852 bblbbl per monthmcf per month0020050400100600150800200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 400% over the last 12 monthsMonthly oil production and gas for FELPS, Aug 2023 to Jul 2026. Oil output rose 400% over the last 12 months. 4,852 bbl in the 12 months through Jul 2026, against 971 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020050400100600150800200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 15441, district 01. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to lease fuel in the last 12 months

Flaring peaked at 52.3% of the gas in Dec 2023.

  • Lease fuel (1)
  • Flared (4)
All of the gas went to lease fuel in the last 12 monthsShare of FELPS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel in the last 12 months. Flaring peaked at 52.3% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 52.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to lease fuel in the last 12 monthsShare of FELPS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel in the last 12 months. Flaring peaked at 52.3% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Flared 52.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 15441, district 01. Reported through Jul 2026.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

None of the gas was flared in the last 12 months. 9 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in May 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeStrand Energy, L.c., Jan 2020 to Oct 2021; FX Energy Operating, LLC, Nov 2021 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed Nov 2021Changed May 2024Strand Energy, L.c.Jan 2020 to Oct 2021FX Energy Operating, LLCNov 2021 to Apr 2024Magnolia Oil & Gas Operating…May 2024 to now
Operators of this lease over timeStrand Energy, L.c., Jan 2020 to Oct 2021; FX Energy Operating, LLC, Nov 2021 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed Nov 2021Changed May 2024Strand Energy, L.c.Jan 2020 to Oct 2021FX Energy Operating, LLCNov 2021 to Apr 2024Magnolia Oil & Gas Operating LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 15441 in district 01. The API number is the state’s ID for a well.
Wells on FELPS
API numberWell no.Status
42-507-327791HActive

SourceTexas Railroad Commission Wellbore Query, district 01, lease 15441.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Plains Marketing, L.p., Harvest Marketing & Trading, LLC and Shell Trading (Us) Company gather it.

    Plains Marketing, L.p. gathers it: 40% of it, on the list since Sep 1, 2025 · Harvest Marketing & Trading, LLC gathers it: 30% of it, on the list since Sep 1, 2025 · Shell Trading (Us) Company gathers it: 30% of it, on the list since Sep 1, 2025

Companies that used to be listed: Shell Trading (Us) Company (gathers it, until Sep 1, 2025); 4J Energy, LLC (gathers it, until Jun 1, 2020); Shell Trading (Us) Company (gathers it, until May 1, 2020); Dks Transport LLC (gathers it, until Feb 1, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

858.07 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jun 1, 2011
Latest permit
Feb 4, 2011
Wells and acres on the permits for Felps
API numberWell no.Acreson the permit
42-507-327791H858.07

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says FELPS sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for FELPS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil3553507800$80.46$2.89
Jun 2026Magnolia Oil3673367900$84.81$3.15
May 2026Magnolia Oil3984809300$102.13$2.94
Apr 2026Magnolia Oil4163569000$100.32$2.77
Mar 2026Magnolia Oil4134689300$91.38$3.04
Feb 2026Magnolia Oil3793158400$64.51$3.62
Jan 2026Magnolia Oil3483679300$60.04$7.72
Dec 2025Magnolia Oil4175329300$57.97$4.26
Nov 2025Magnolia Oil4373489000$60.06$3.79
Oct 2025Magnolia Oil6315219300$60.89$3.19
Sep 2025Magnolia Oil6917396700$63.96$2.97
Aug 2025Magnolia Oil00000$64.86$2.91
Jul 2025Magnolia Oil00000$68.39$3.20
Jun 2025Magnolia Oil00000$68.17$3.02
May 2025Magnolia Oil00000$62.17$3.12
Apr 2025Magnolia Oil110900$63.54$3.42
Mar 2025Magnolia Oil022200$68.24$4.12
Feb 2025Magnolia Oil60000$71.53$4.19
Jan 2025Magnolia Oil00600$75.74$4.13
Dec 2024Magnolia Oil00000$70.12$3.01
Nov 2024Magnolia Oil00000$69.95$2.12
Oct 2024Magnolia Oil242328000$71.99$2.20
Sep 2024Magnolia Oil332168000$70.24$2.28
Aug 2024Magnolia Oil3805028100$76.68$1.99
Jul 2024Magnolia Oil317330000$81.80$2.07
Jun 2024Magnolia Oil1981648600$79.77$2.54
May 2024Magnolia Oil2763267800$80.02$2.12
Apr 2024FX Energy269177109019$85.35$1.60
Mar 2024FX Energy353428136052$81.28$1.49
Feb 2024FX Energy366333139055$77.25$1.72
Jan 2024FX Energy341668130046$74.15$3.18
Dec 2023FX Energy461249176092$71.90$2.52
Nov 2023FX Energy402351153069$77.69$2.71
Oct 2023FX Energy338285129045$85.64$2.98
Sep 2023FX Energy401454153069$89.43$2.64
Aug 2023FX Energy337166128044$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for FELPS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.

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  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Magnolia Oil & Gas Operating LLC in Zavala County

All Magnolia Oil & Gas Operating LLC leases →

Briscoe Ranch (Eagleford) field

All leases in this field →

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Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 15441, district 01, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.