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Texas gas well

Producing

FRANKS OL

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

1 well

6,151mcf gas, last 12 months+148% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Grimes County
Field
Giddings (Austin Chalk-3)
RRC lease
03-289173

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Where it sits

This county

Grimes CountyGrimesWalkerMadisonMontgomeryWashingtonBrazosBurlesonRobertsonGrimes County
Grimes County
Oil, last 12 months
386 bbl
Gas in Jul 2026
58 mcf

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 7% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output rose 148% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 148% over the last 12 monthsMonthly gas production and oil for FRANKS OL, Aug 2023 to Jul 2026. Gas output rose 148% over the last 12 months. 6,151 mcf in the 12 months through Jul 2026, against 2,481 mcf in the 12 months before.Last 12 months: 6,151 mcfmcf per monthbbl per month002,0001004,0002006,0003008,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 148% over the last 12 monthsMonthly gas production and oil for FRANKS OL, Aug 2023 to Jul 2026. Gas output rose 148% over the last 12 months. 6,151 mcf in the 12 months through Jul 2026, against 2,481 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,0001004,0002006,0003008,000400Jan 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
42-185-308902HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers34Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Shell Trading (Us) CompanyCondensateGathers33Oct 1, 2025–
Energy Transfer CompanyGas-well gasBuys100Jul 26, 2019–
Energy Transfer CompanyGas-well gasGathers100Jul 26, 2019–
Energy Trans Crude Marketing LLCCondensateGathers90Jan 1, 2023Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers5Jan 1, 2023Oct 1, 2025
Shell Trading (Us) CompanyCondensateGathers5Jan 1, 2023Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers33.33Jul 26, 2019Jan 1, 2023
Flint Hills Resources, LPCondensateGathers33.33Jul 26, 2019Jan 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers33.34Jul 26, 2019Jan 1, 2023

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

Who buys my oilOil price check

817.08 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Franks Ol
API numberWell no.Acreson the permit
42-185-308902H817.08

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 FRANKS OL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20260058580$80.46$2.89
Jun 20260051510$84.81$3.15
May 20260038380$102.13$2.94
Apr 20260060600$100.32$2.77
Mar 20260021210$91.38$3.04
Feb 202600330$64.51$3.62
Jan 202600000$60.04$7.72
Dec 2025371845535530$57.97$4.26
Nov 20251271912,5782,5780$60.06$3.79
Oct 20259782,3472,3470$60.89$3.19
Sep 202512503573570$63.96$2.97
Aug 20250085850$64.86$2.91
Jul 20250098980$68.39$3.20
Jun 2025001101100$68.17$3.02
May 20250029290$62.17$3.12
Apr 202500000$63.54$3.42
Mar 20250038380$68.24$4.12
Feb 202500000$71.53$4.19
Jan 20250060600$75.74$4.13
Dec 2024114923230$70.12$3.01
Nov 20247301,3201,3200$69.95$2.12
Oct 20241806496490$71.99$2.20
Sep 20240095950$70.24$2.28
Aug 20240059590$76.68$1.99
Jul 20240035350$81.80$2.07
Jun 20241040400$79.77$2.54
May 20242431181180$80.02$2.12
Apr 20241811843,1083,1080$85.35$1.60
Mar 20241511823,0513,0510$81.28$1.49
Feb 20241671903,1593,1590$77.25$1.72
Jan 20241751813,2713,2710$74.15$3.18
Dec 20232133644,2114,2110$71.90$2.52
Nov 20232101793,7773,7770$77.69$2.71
Oct 20232611784,5804,5800$85.64$2.98
Sep 20232721787,0297,0290$89.43$2.64
Aug 2023006126120$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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This lease belongs to

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

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