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Texas oil lease

Shut in

GANTT, T.K.

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

1 well

0bbl oil, last 12 months
RRC lease
03-12521

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Magnolia Oil & Gas Operating LLC took over from Gantt Operating Company, Inc. in Jun 2026.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Aug 1, 2026 (last P-5 filed Sep 11, 2025).

  • 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.

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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 once, most recently in Jun 2026

Operators of this lease over timeGantt Operating Company, Inc., Jan 2020 to May 2026; Magnolia Oil & Gas Operating LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Jun 2026Gantt Operating Company, Inc.Jan 2020 to May 2026Magnolia Oil & Gas Operating…Jun 2026 to now
Operators of this lease over timeGantt Operating Company, Inc., Jan 2020 to May 2026; Magnolia Oil & Gas Operating LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Jun 2026Gantt Operating Company, Inc.Jan 2020 to May 2026Magnolia Oil & Gas Operating LLCJun 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GANTT, T.K.
API numberWell no.Status
42-287-305471Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100May 1, 2010
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005

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

116 acres on the newest permit

Permits for Gantt, T.k.
API numberWell no.Acreson the permit
42-287-305471116

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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, T.K.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil00$80.46$2.89
Jun 2026Magnolia Oil00$84.81$3.15
May 2026Gantt Operating076$102.13$2.94
Apr 2026Gantt Operating00$100.32$2.77
Mar 2026Gantt Operating00$91.38$3.04
Feb 2026Gantt Operating00$64.51$3.62
Jan 2026Gantt Operating00$60.04$7.72
Dec 2025Gantt Operating00$57.97$4.26
Nov 2025Gantt Operating00$60.06$3.79
Oct 2025Gantt Operating00$60.89$3.19
Sep 2025Gantt Operating00$63.96$2.97
Aug 2025Gantt Operating00$64.86$2.91
Jul 2025Gantt Operating00$68.39$3.20
Jun 2025Gantt Operating00$68.17$3.02
May 2025Gantt Operating00$62.17$3.12
Apr 2025Gantt Operating00$63.54$3.42
Mar 2025Gantt Operating00$68.24$4.12
Feb 2025Gantt Operating00$71.53$4.19
Jan 2025Gantt Operating00$75.74$4.13
Dec 2024Gantt Operating00$70.12$3.01
Nov 2024Gantt Operating00$69.95$2.12
Oct 2024Gantt Operating00$71.99$2.20
Sep 2024Gantt Operating00$70.24$2.28
Aug 2024Gantt Operating00$76.68$1.99
Jul 2024Gantt Operating00$81.80$2.07
Jun 2024Gantt Operating00$79.77$2.54
May 2024Gantt Operating00$80.02$2.12
Apr 2024Gantt Operating00$85.35$1.60
Mar 2024Gantt Operating00$81.28$1.49
Feb 2024Gantt Operating00$77.25$1.72
Jan 2024Gantt Operating00$74.15$3.18
Dec 2023Gantt Operating00$71.90$2.52
Nov 2023Gantt Operating00$77.69$2.71
Oct 2023Gantt Operating00$85.64$2.98
Sep 2023Gantt Operating00$89.43$2.64
Aug 2023Gantt Operating00$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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Nearby

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