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Texas oil lease

Producing

FRANK UNIT

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

1 well

3,125bbl oil, last 12 months−4% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-18221

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Oil in Jul 2026
174 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production for FRANK UNIT, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 3,125 bbl in the 12 months through Jul 2026, against 3,256 bbl in the 12 months before.Last 12 months: 3,125 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production for FRANK UNIT, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 3,125 bbl in the 12 months through Jul 2026, against 3,256 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 3 times, most recently in Mar 2023

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating…Mar 2023 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on FRANK UNIT
API numberWell no.Status
42-051-327221HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jul 31, 2023–
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 31, 2023
Shell Trading (Us) CompanyOilGathers100Nov 30, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers25Jun 1, 2012Nov 30, 2019
Flint Hills Resources, LPOilGathers75Jun 1, 2012Nov 30, 2019

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

Who buys my oilOil price check

101.40 acres on the newest permit

A pooling certificate was filed

Permits for Frank Unit
API numberWell no.Acreson the permit
42-051-327221101.40
42-051-327221H101.40

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 FRANK UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil174166$80.46$2.89
Jun 2026Magnolia Oil179180$84.81$3.15
May 2026Magnolia Oil221179$102.13$2.94
Apr 2026Magnolia Oil257184$100.32$2.77
Mar 2026Magnolia Oil303343$91.38$3.04
Feb 2026Magnolia Oil257369$64.51$3.62
Jan 2026Magnolia Oil268340$60.04$7.72
Dec 2025Magnolia Oil290169$57.97$4.26
Nov 2025Magnolia Oil270179$60.06$3.79
Oct 2025Magnolia Oil267359$60.89$3.19
Sep 2025Magnolia Oil306363$63.96$2.97
Aug 2025Magnolia Oil333178$64.86$2.91
Jul 2025Magnolia Oil402542$68.39$3.20
Jun 2025Magnolia Oil850$68.17$3.02
May 2025Magnolia Oil277355$62.17$3.12
Apr 2025Magnolia Oil309183$63.54$3.42
Mar 2025Magnolia Oil347514$68.24$4.12
Feb 2025Magnolia Oil370356$71.53$4.19
Jan 2025Magnolia Oil1030$75.74$4.13
Dec 2024Magnolia Oil323517$70.12$3.01
Nov 2024Magnolia Oil297176$69.95$2.12
Oct 2024Magnolia Oil145155$71.99$2.20
Sep 2024Magnolia Oil305181$70.24$2.28
Aug 2024Magnolia Oil293350$76.68$1.99
Jul 2024Magnolia Oil309344$81.80$2.07
Jun 2024Magnolia Oil365371$79.77$2.54
May 2024Magnolia Oil320359$80.02$2.12
Apr 2024Magnolia Oil389353$85.35$1.60
Mar 2024Magnolia Oil423354$81.28$1.49
Feb 2024Magnolia Oil181375$77.25$1.72
Jan 2024Magnolia Oil311181$74.15$3.18
Dec 2023Magnolia Oil365351$71.90$2.52
Nov 2023Magnolia Oil352350$77.69$2.71
Oct 2023Magnolia Oil373341$85.64$2.98
Sep 2023Magnolia Oil340336$89.43$2.64
Aug 2023Magnolia Oil385333$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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Nearby

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Burleson County

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Giddings (Austin Chalk-3) field

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