Skip to content
Royalty Clerk

Texas oil lease

Producing

GANTT, T.K.

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

1 well

385bbl oil, last 12 months−12% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Navarro, Oil)
RRC lease
03-17080

Is your check right?

Check my statement

Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
2,486 mcf
Oil in Jul 2026
8 bbl

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

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for GANTT, T.K., Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 385 bbl in the 12 months through Jul 2026, against 440 bbl in the 12 months before.Last 12 months: 385 bblbbl per monthmcf per month00251005020075300100400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for GANTT, T.K., Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 385 bbl in the 12 months through Jul 2026, against 440 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400Jan 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, T.K. 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, T.K. 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.

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
42-287-303701Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jun 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Energy Trans Crude Marketing LLCOilGathers100May 1, 2022Jun 1, 2026
Energy Transfer CompanyOilGathers100Apr 1, 2022May 1, 2022
Enterprise Crude Oil LLCOilGathers100May 1, 2010Apr 1, 2022

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

Who buys my oilOil price check

40 acres on the newest permit

Check your decimal on this lease
Permits for Gantt, T.k.
API numberWell no.Acreson the permit
42-287-30370140

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 GANTT, T.K.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil801071070$80.46$2.89
Jun 2026Magnolia Oil1031310$84.81$3.15
May 2026Gantt Operating0178000$102.13$2.94
Apr 2026Gantt Operating1601321320$100.32$2.77
Mar 2026Gantt Operating4502912910$91.38$3.04
Feb 2026Gantt Operating501072992990$64.51$3.62
Jan 2026Gantt Operating4202712710$60.04$7.72
Dec 2025Gantt Operating541033493490$57.97$4.26
Nov 2025Gantt Operating5003173170$60.06$3.79
Oct 2025Gantt Operating431062672670$60.89$3.19
Sep 2025Gantt Operating4402522520$63.96$2.97
Aug 2025Gantt Operating3201701700$64.86$2.91
Jul 2025Gantt Operating469281810$68.39$3.20
Jun 2025Gantt Operating5203163160$68.17$3.02
May 2025Gantt Operating65983353350$62.17$3.12
Apr 2025Gantt Operating4002702700$63.54$3.42
Mar 2025Gantt Operating31038380$68.24$4.12
Feb 2025Gantt Operating648534340$71.53$4.19
Jan 2025Gantt Operating0015150$75.74$4.13
Dec 2024Gantt Operating49016160$70.12$3.01
Nov 2024Gantt Operating855737370$69.95$2.12
Oct 2024Gantt Operating1015150$71.99$2.20
Sep 2024Gantt Operating12015150$70.24$2.28
Aug 2024Gantt Operating6012120$76.68$1.99
Jul 2024Gantt Operating2027270$81.80$2.07
Jun 2024Gantt Operating13840400$79.77$2.54
May 2024Gantt Operating2067670$80.02$2.12
Apr 2024Gantt Operating2020200$85.35$1.60
Mar 2024Gantt Operating2075750$81.28$1.49
Feb 2024Gantt Operating05564640$77.25$1.72
Jan 2024Gantt Operating7036360$74.15$3.18
Dec 2023Gantt Operating0041410$71.90$2.52
Nov 2023Gantt Operating0026260$77.69$2.71
Oct 2023Gantt Operating002002000$85.64$2.98
Sep 2023Gantt Operating3402362360$89.43$2.64
Aug 2023Gantt Operating35882432430$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Navarro, Oil)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Navarro, Oil) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km