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Texas oil lease

Producing

GANTT

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

1 well

2,448bbl oil, last 12 months−36% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-13672

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
6,923 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for GANTT, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 2,448 bbl in the 12 months through Jul 2026, against 3,834 bbl in the 12 months before.Last 12 months: 2,448 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for GANTT, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 2,448 bbl in the 12 months through Jul 2026, against 3,834 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 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 GANTT 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 GANTT 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 GANTT
API numberWell no.Status
42-287-307851Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Aug 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

370.22 acres on the newest permit

A pooling certificate was filed

Permits for Gantt
API numberWell no.Acreson the permit
42-287-307851370.22

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 GANTT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 20262913621,5951,5950$102.13$2.94
Apr 20263963621,7591,7590$100.32$2.77
Mar 20264745431,7881,7880$91.38$3.04
Feb 20263111863453450$64.51$3.62
Jan 20261341821681680$60.04$7.72
Dec 20252091722062060$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500880$60.89$3.19
Sep 20252673675045040$63.96$2.97
Aug 20253663575505500$64.86$2.91
Jul 20255605311,1611,1610$68.39$3.20
Jun 20253643587547540$68.17$3.02
May 20252423674464460$62.17$3.12
Apr 20253883575425420$63.54$3.42
Mar 20252991773463460$68.24$4.12
Feb 20251921803583580$71.53$4.19
Jan 20251991804844840$75.74$4.13
Dec 20244005211,2541,2540$70.12$3.01
Nov 20244865301,4021,4020$69.95$2.12
Oct 20245425384684680$71.99$2.20
Sep 202416241371370$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202463189550$81.80$2.07
Jun 20245313572292290$79.77$2.54
May 202411000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202411000$81.28$1.49
Feb 20247717872720$77.25$1.72
Jan 20241781802892890$74.15$3.18
Dec 20231921793323320$71.90$2.52
Nov 20232001703473470$77.69$2.71
Oct 20232613513813810$85.64$2.98
Sep 20237001121120$89.43$2.64
Aug 20232691842422420$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)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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Giddings (Austin Chalk-3) field

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