Texas gas well
ProducingGERDES
Gerdes is a gas well in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-128600
Is your check right?
Where it sits
This county
- Oil, last 12 months
- 196 bbl
- Gas in Jul 2026
- 7 mcf
Checks stopped on this lease?
- Operator
Operator changed: Magnolia Oil & Gas Operating LLC took over from U. S. Operating, Inc. in Aug 2025.
- P-5
The previous operator's P-5 registration is listed as inactive since Nov 26, 2025 (last P-5 filed Nov 18, 2024).
- Sales
Sales over the last 3 months fell to 0% of the 9 months before.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Gas output fell 61% over the last 12 months
- Gas (bars)
- Oil (line)
- Last 12 months
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Aug 2025
- Magnolia Oil & Gas Operating LLC Aug 2025 to now
- U. S. Operating, Inc. Jan 2020 to Jul 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-30240 | 1 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Shell Trading (Us) Company | Condensate | Gathers | 34 | Oct 1, 2025 | – |
| Energy Trans Crude Marketing LLC | Condensate | Gathers | 33 | Oct 1, 2025 | – |
| Enterprise Crude Oil LLC | Condensate | Gathers | 33 | Oct 1, 2025 | – |
| Dcp Operating Company, LP | Gas-well gas | Buys | 100 | Apr 1, 2017 | – |
| Dcp Intrastate Network, LLC | Gas-well gas | Gathers | 100 | Apr 1, 2016 | – |
| Shell Trading (Us) Company | Condensate | Gathers | 100 | Jan 1, 2019 | Oct 1, 2025 |
| Enterprise Crude Oil LLC | Condensate | Gathers | 100 | Jan 1, 2016 | Jan 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
80 acres on the newest permit
- Good to know
A pooling certificate (P-12) was filed
Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-30240 | 1 | Apr 10, 1979 | Nov 22, 1978 | 80 |
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 11 | 0 | 7 | 7 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 1 | 129 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 2 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 25 | 25 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 17 | 0 | 212 | 212 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 73 | 0 | 678 | 678 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 22 | 0 | 862 | 862 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 21 | 59 | 1,049 | 1,049 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 29 | 0 | 1,018 | 1,018 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 20 | 0 | 916 | 916 | 0 | $64.86 | $2.91 |
| Jul 2025U. S. | 19 | 0 | 914 | 914 | 0 | $68.39 | $3.20 |
| Jun 2025U. S. | 18 | 73 | 879 | 879 | 0 | $68.17 | $3.02 |
| May 2025U. S. | 22 | 0 | 992 | 992 | 0 | $62.17 | $3.12 |
| Apr 2025U. S. | 25 | 1 | 1,081 | 1,081 | 0 | $63.54 | $3.42 |
| Mar 2025U. S. | 28 | 60 | 1,374 | 1,374 | 0 | $68.24 | $4.12 |
| Feb 2025U. S. | 29 | 0 | 1,563 | 1,563 | 0 | $71.53 | $4.19 |
| Jan 2025U. S. | 0 | 0 | 156 | 156 | 0 | $75.74 | $4.13 |
| Dec 2024U. S. | 11 | 73 | 522 | 522 | 0 | $70.12 | $3.01 |
| Nov 2024U. S. | 28 | 0 | 1,039 | 1,039 | 0 | $69.95 | $2.12 |
| Oct 2024U. S. | 27 | 0 | 1,113 | 1,113 | 0 | $71.99 | $2.20 |
| Sep 2024U. S. | 18 | 0 | 1,150 | 1,150 | 0 | $70.24 | $2.28 |
| Aug 2024U. S. | 4 | 79 | 1,305 | 1,305 | 0 | $76.68 | $1.99 |
| Jul 2024U. S. | 18 | 0 | 1,080 | 1,080 | 0 | $81.80 | $2.07 |
| Jun 2024U. S. | 42 | 0 | 1,475 | 1,475 | 0 | $79.77 | $2.54 |
| May 2024U. S. | 12 | 0 | 1,632 | 1,632 | 0 | $80.02 | $2.12 |
| Apr 2024U. S. | 12 | 112 | 444 | 444 | 0 | $85.35 | $1.60 |
| Mar 2024U. S. | 36 | 1 | 1,700 | 1,700 | 0 | $81.28 | $1.49 |
| Feb 2024U. S. | 39 | 0 | 1,712 | 1,712 | 0 | $77.25 | $1.72 |
| Jan 2024U. S. | 23 | 1 | 1,549 | 1,549 | 0 | $74.15 | $3.18 |
| Dec 2023U. S. | 23 | 92 | 1,643 | 1,643 | 0 | $71.90 | $2.52 |
| Nov 2023U. S. | 26 | 0 | 1,287 | 1,287 | 0 | $77.69 | $2.71 |
| Oct 2023U. S. | 26 | 1 | 1,200 | 1,200 | 0 | $85.64 | $2.98 |
| Sep 2023U. S. | 18 | 0 | 1,112 | 1,112 | 0 | $89.43 | $2.64 |
| Aug 2023U. S. | 10 | 101 | 1,138 | 1,138 | 0 | $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
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- DROEMER, WALTER
269 bbl
- IRENE
419 bbl
- WEISER
10,144 mcf
- JENSEN 'B'
109 bbl
- HARRIET (NAVARRO)
390 bbl
- SAENGER UNIT
150 bbl
- ANGELA MARIA UNIT
367 bbl
- BARBARA
129 bbl
- ROSE
216 bbl
- DODIE
7,810 mcf
Giddings (Austin Chalk-3) field
- NOSKA UNIT
219 bbl
- VON ROSENBERG
277 bbl
- BASDEN"B"
378 bbl
- JET UNIT
9,397 mcf
- ZOCH-LEHMANN UNIT
333 bbl
- NAVARRO UNIT
9,267 mcf
- BRENT LAMAR UNIT
321 bbl
- POCAHONTAS UNIT
288 bbl
- MOON UNIT
9,272 mcf
- KOSTELKA
396 bbl
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Drilling permits within 10 km
BUCK TRAVIS TWO #H 02BT
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 6.4 km
Permit 0916801 · Jul 8, 2026
PISTOL PETE THREE #H 03PC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.7 km
Permit 0913366 · Mar 9, 2026
PISTOL PETE ONE #H 01PC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.7 km
Permit 0913365 · Mar 9, 2026
NITTANY STATE #H 05NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.3 km
Permit 0910925 · Oct 17, 2025
LION FOUR #H 04NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.3 km
Permit 0910922 · Oct 10, 2025