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Royalty Clerk

Texas gas well

Producing

GARNET UNIT

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

1 well

23,959mcf gas, last 12 months+94% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-154386

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, last 12 months
303 bbl
Gas in Jul 2026
0 mcf

Production by month

Gas output rose 94% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 94% over the last 12 monthsMonthly gas production and oil for GARNET UNIT, Aug 2023 to Jul 2026. Gas output rose 94% over the last 12 months. 23,959 mcf in the 12 months through Jul 2026, against 12,337 mcf in the 12 months before.Last 12 months: 23,959 mcfmcf per monthbbl per month002,000254,000506,000758,000100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 94% over the last 12 monthsMonthly gas production and oil for GARNET UNIT, Aug 2023 to Jul 2026. Gas output rose 94% over the last 12 months. 23,959 mcf in the 12 months through Jul 2026, against 12,337 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000254,000506,000758,000100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of GARNET UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of GARNET UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Feb 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeGeosouthern Energy Corporation, Jan 2020 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Geosouthern Energy CorporationJan 2020 to Apr 2024Magnolia Oil & Gas Operating…May 2024 to now
Operators of this lease over timeGeosouthern Energy Corporation, Jan 2020 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Geosouthern Energy CorporationJan 2020 to Apr 2024Magnolia Oil & Gas Operating LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GARNET UNIT
API numberWell no.Status
42-149-329271Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.CondensateGathers34Oct 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers33Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Dcp Operating Company, LPGas-well gasBuys100May 1, 2024–
Dcp Operating Company, LPGas-well gasGathers100May 1, 2024–
Gulfmark Energy, Inc.CondensateGathers100Jan 1, 2017Oct 1, 2025
Amp Texas Pipelines, LLCGas-well gasGathers100Jul 1, 2020May 1, 2024
Energy Transfer CompanyGas-well gasBuys100May 1, 2005May 1, 2024
Energy Transfer CompanyGas-well gasGathers100May 1, 2005Jul 1, 2020

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

Who buys my oilOil price check

831.02 acres on the newest permit

A pooling certificate was filed

Permits for Garnet Unit
API numberWell no.Acreson the permit
42-149-329271831.02

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 GARNET UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil00000$80.46$2.89
Jun 2026Magnolia Oil20064640$84.81$3.15
May 2026Magnolia Oil004474470$102.13$2.94
Apr 2026Magnolia Oil001,2571,2570$100.32$2.77
Mar 2026Magnolia Oil3701,5761,5760$91.38$3.04
Feb 2026Magnolia Oil631701,9361,9360$64.51$3.62
Jan 2026Magnolia Oil6832,0242,0240$60.04$7.72
Dec 2025Magnolia Oil741702,2502,2500$57.97$4.26
Nov 2025Magnolia Oil2002,3052,3050$60.06$3.79
Oct 2025Magnolia Oil002,5282,5280$60.89$3.19
Sep 2025Magnolia Oil903,0883,0880$63.96$2.97
Aug 2025Magnolia Oil1206,4846,4840$64.86$2.91
Jul 2025Magnolia Oil603,6623,6620$68.39$3.20
Jun 2025Magnolia Oil9901,8611,6510$68.17$3.02
May 2025Magnolia Oil005573610$62.17$3.12
Apr 2025Magnolia Oil041871870$63.54$3.42
Mar 2025Magnolia Oil003193190$68.24$4.12
Feb 2025Magnolia Oil001711360$71.53$4.19
Jan 2025Magnolia Oil003311140$75.74$4.13
Dec 2024Magnolia Oil00262450$70.12$3.01
Nov 2024Magnolia Oil006594490$69.95$2.12
Oct 2024Magnolia Oil003,9763,7590$71.99$2.20
Sep 2024Magnolia Oil0013500$70.24$2.28
Aug 2024Magnolia Oil22021700$76.68$1.99
Jul 2024Magnolia Oil00234170$81.80$2.07
Jun 2024Magnolia Oil007415310$79.77$2.54
May 2024Magnolia Oil101,1479300$80.02$2.12
Apr 2024Geosouthern Energy905305300$85.35$1.60
Mar 2024Geosouthern Energy581822,2582,2580$81.28$1.49
Feb 2024Geosouthern Energy6022,1152,1150$77.25$1.72
Jan 2024Geosouthern Energy701662,2402,2400$74.15$3.18
Dec 2023Geosouthern Energy5022,2092,2090$71.90$2.52
Nov 2023Geosouthern Energy7012,1412,1410$77.69$2.71
Oct 2023Geosouthern Energy5212,1592,1590$85.64$2.98
Sep 2023Geosouthern Energy521702,2492,2490$89.43$2.64
Aug 2023Geosouthern Energy5912,3592,3590$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Fayette County

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