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GERDES, GARWOOD

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

10 wells

14bbl oil, last 12 months−92% vs prior year
RRC lease
03-12519

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
1,092 mcf
Oil in Jul 2026
1 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 9 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 92% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 92% over the last 12 monthsMonthly oil production and gas for GERDES, GARWOOD, Aug 2023 to Jul 2026. Oil output fell 92% over the last 12 months. 14 bbl in the 12 months through Jul 2026, against 179 bbl in the 12 months before.Last 12 months: 14 bblbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 92% over the last 12 monthsMonthly oil production and gas for GERDES, GARWOOD, Aug 2023 to Jul 2026. Oil output fell 92% over the last 12 months. 14 bbl in the 12 months through Jul 2026, against 179 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Jan 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 GERDES, GARWOOD 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 GERDES, GARWOOD 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 Jul 2021

Operators of this lease over timeCirrus Production Company, Jan 2020 to Jun 2021; Magnolia Oil & Gas Operating LLC, Jul 2021 to Jul 20262020202120222023202420252026Changed Jul 2021Cirrus Production CompanyJan 2020 to Jun 2021Magnolia Oil & Gas Operating…Jul 2021 to now
Operators of this lease over timeCirrus Production Company, Jan 2020 to Jun 2021; Magnolia Oil & Gas Operating LLC, Jul 2021 to Jul 20262020202120222023202420252026Changed Jul 2021Cirrus Production CompanyJan 2020 to Jun 2021Magnolia Oil & Gas Operating LLCJul 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

10 wells on this lease

Wells on GERDES, GARWOOD
API numberWell no.Status
42-287-30497C 1Active
42-287-30517B 2Active
42-287-30600E 1Active
42-287-30693F 1Active
42-287-30712H 1Active
42-287-31079C 2Active
42-287-31296I 1Active
42-287-31637D 2Active
42-287-31661E 2REShut-in
42-287-31790A 2Active

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–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Aug 1, 2014Jul 1, 2021

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

316.93 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 155.76 and 2,057 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    16 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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.

Check your decimal on this lease
Permits for Gerdes, Garwood
API numberWell no.Acreson the permit
42-287-30693F 1316.93
42-287-30693F 1RE316.93
42-287-30497C 1321.70
42-287-30497C 1RE321.70
42-287-31637D 2321.34
42-287-31637D 2RE321.34
42-287-305172155.76
42-287-30517B 2155.76
42-287-31790A 22,057
42-287-31661E 2160
42-287-31661E 2RE160
42-287-31296I 12,057

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 GERDES, GARWOOD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil1020200$80.46$2.89
Jun 2026Magnolia Oil4040400$84.81$3.15
May 2026Magnolia Oil00000$102.13$2.94
Apr 2026Magnolia Oil0039390$100.32$2.77
Mar 2026Magnolia Oil2029290$91.38$3.04
Feb 2026Magnolia Oil0022220$64.51$3.62
Jan 2026Magnolia Oil00000$60.04$7.72
Dec 2025Magnolia Oil0064640$57.97$4.26
Nov 2025Magnolia Oil001821820$60.06$3.79
Oct 2025Magnolia Oil111751750$60.89$3.19
Sep 2025Magnolia Oil221671670$63.96$2.97
Aug 2025Magnolia Oil423543540$64.86$2.91
Jul 2025Magnolia Oil203133130$68.39$3.20
Jun 2025Magnolia Oil423763760$68.17$3.02
May 2025Magnolia Oil543633630$62.17$3.12
Apr 2025Magnolia Oil823463460$63.54$3.42
Mar 2025Magnolia Oil932472470$68.24$4.12
Feb 2025Magnolia Oil513823820$71.53$4.19
Jan 2025Magnolia Oil521431430$75.74$4.13
Dec 2024Magnolia Oil412082080$70.12$3.01
Nov 2024Magnolia Oil2366876870$69.95$2.12
Oct 2024Magnolia Oil481987907900$71.99$2.20
Sep 2024Magnolia Oil3028388380$70.24$2.28
Aug 2024Magnolia Oil3641,8011,8010$76.68$1.99
Jul 2024Magnolia Oil1052062,6312,6310$81.80$2.07
Jun 2024Magnolia Oil1721922,9972,9970$79.77$2.54
May 2024Magnolia Oil2551904,2324,2320$80.02$2.12
Apr 2024Magnolia Oil591776566560$85.35$1.60
Mar 2024Magnolia Oil2291992,5302,5300$81.28$1.49
Feb 2024Magnolia Oil1823312,1452,1450$77.25$1.72
Jan 2024Magnolia Oil2021931,9151,9150$74.15$3.18
Dec 2023Magnolia Oil2471841,8921,8920$71.90$2.52
Nov 2023Magnolia Oil1451861,9341,9340$77.69$2.71
Oct 2023Magnolia Oil12681,5571,5570$85.64$2.98
Sep 2023Magnolia Oil981851,7331,7330$89.43$2.64
Aug 2023Magnolia Oil8241,6421,6420$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

Magnolia Oil & Gas Operating LLC in Lee County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

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