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Texas oil lease

Producing

FRANKS OL

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

1 well

901mcf gas, last 12 months−73% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Grimes County
Field
Giddings (Austin Chalk-3)
RRC lease
03-23950

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Where it sits

This county

Grimes CountyGrimesWalkerMadisonMontgomeryWashingtonBrazosBurlesonRobertsonGrimes County
Grimes County
Gas in Jul 2026
105 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 73% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for FRANKS OL, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 901 mcf in the 12 months through Jul 2026, against 3,278 mcf in the 12 months before.Last 12 months: 901 mcfmcf per monthbbl per month00200254005060075800100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 73% over the last 12 monthsMonthly gas production and oil for FRANKS OL, Aug 2023 to Jul 2026. Gas output fell 73% over the last 12 months. 901 mcf in the 12 months through Jul 2026, against 3,278 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00200254005060075800100Jan 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 FRANKS OL 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 FRANKS OL 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 FRANKS OL
API numberWell no.Status
42-185-304731HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Oct 1, 2015
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005

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

Who buys my oilOil price check

817.08 acres on the newest permit

A pooling certificate was filed

Permits for Franks Ol
API numberWell no.Acreson the permit
42-185-304731H817.08

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 FRANKS OL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026001051050$80.46$2.89
Jun 202600000$84.81$3.15
May 202600220$102.13$2.94
Apr 20260098980$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600550$64.51$3.62
Jan 20260010100$60.04$7.72
Dec 2025001221220$57.97$4.26
Nov 2025002002000$60.06$3.79
Oct 2025001401400$60.89$3.19
Sep 2025001011010$63.96$2.97
Aug 202501841181180$64.86$2.91
Jul 20250093930$68.39$3.20
Jun 20251063630$68.17$3.02
May 20250048480$62.17$3.12
Apr 2025422252250$63.54$3.42
Mar 20254603443440$68.24$4.12
Feb 2025001271270$71.53$4.19
Jan 2025002322320$75.74$4.13
Dec 20241902792790$70.12$3.01
Nov 20242603933930$69.95$2.12
Oct 20244006276270$71.99$2.20
Sep 2024371925375370$70.24$2.28
Aug 20249103103100$76.68$1.99
Jul 2024001851850$81.80$2.07
Jun 2024002362360$79.77$2.54
May 2024002842840$80.02$2.12
Apr 2024304564560$85.35$1.60
Mar 2024004204200$81.28$1.49
Feb 2024005205200$77.25$1.72
Jan 20241506326320$74.15$3.18
Dec 20234606446440$71.90$2.52
Nov 2023411905735730$77.69$2.71
Oct 20236606696690$85.64$2.98
Sep 20233304294290$89.43$2.64
Aug 20233004004000$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)CountyGrimes County

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