Texas oil lease
ProducingGERDES, 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
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-12519
Is your check right?
Where it sits
This 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 leaseProduction by month
Oil output fell 92% over the last 12 months
- Oil (bars)
- Gas (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 Jul 2021
- Magnolia Oil & Gas Operating LLC Jul 2021 to now
- Cirrus Production Company Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
10 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-30497 | C 1 | Active |
| 42-287-30517 | B 2 | Active |
| 42-287-30600 | E 1 | Active |
| 42-287-30693 | F 1 | Active |
| 42-287-30712 | H 1 | Active |
| 42-287-31079 | C 2 | Active |
| 42-287-31296 | I 1 | Active |
| 42-287-31637 | D 2 | Active |
| 42-287-31661 | E 2RE | Shut-in |
| 42-287-31790 | A 2 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 100 | Jul 1, 2021 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | Jul 1, 2021 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 | Jul 1, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | Aug 1, 2014 | Jul 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-30693 | F 1 | Dec 6, 2005 | Jul 22, 1980 | 316.93 |
| 42-287-30693 | F 1RE | Dec 6, 2005 | Jul 22, 1980 | 316.93 |
| 42-287-30497 | C 1 | Oct 28, 2005 | Jun 12, 1980 | 321.70 |
| 42-287-30497 | C 1RE | Oct 28, 2005 | Jun 12, 1980 | 321.70 |
| 42-287-31637 | D 2 | Oct 18, 2005 | Sep 26, 1984 | 321.34 |
| 42-287-31637 | D 2RE | Oct 18, 2005 | Sep 26, 1984 | 321.34 |
| 42-287-30517 | 2 | Nov 6, 2001 | Oct 11, 1979 | 155.76 |
| 42-287-30517 | B 2 | Nov 6, 2001 | Oct 11, 1979 | 155.76 |
| 42-287-31790 | A 2 | Apr 26, 1985 | Jun 13, 1985 | 2,057 |
| 42-287-31661 | E 2 | Jun 27, 1984 | Oct 16, 1984 | 160 |
| 42-287-31661 | E 2RE | Jun 27, 1984 | Oct 16, 1984 | 160 |
| 42-287-31296 | I 1 | Aug 9, 1982 | Sep 28, 1983 | 2,057 |
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 | 1 | 0 | 20 | 20 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 4 | 0 | 40 | 40 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | 39 | 39 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 2 | 0 | 29 | 29 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 22 | 22 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 0 | 0 | 64 | 64 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | 182 | 182 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 1 | 1 | 175 | 175 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 2 | 2 | 167 | 167 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 4 | 2 | 354 | 354 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 2 | 0 | 313 | 313 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 4 | 2 | 376 | 376 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 5 | 4 | 363 | 363 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 8 | 2 | 346 | 346 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 9 | 3 | 247 | 247 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 5 | 1 | 382 | 382 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 5 | 2 | 143 | 143 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 4 | 1 | 208 | 208 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 23 | 6 | 687 | 687 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 48 | 198 | 790 | 790 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 30 | 2 | 838 | 838 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 36 | 4 | 1,801 | 1,801 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 105 | 206 | 2,631 | 2,631 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 172 | 192 | 2,997 | 2,997 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 255 | 190 | 4,232 | 4,232 | 0 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 59 | 177 | 656 | 656 | 0 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 229 | 199 | 2,530 | 2,530 | 0 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 182 | 331 | 2,145 | 2,145 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 202 | 193 | 1,915 | 1,915 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 247 | 184 | 1,892 | 1,892 | 0 | $71.90 | $2.52 |
| Nov 2023Magnolia Oil | 145 | 186 | 1,934 | 1,934 | 0 | $77.69 | $2.71 |
| Oct 2023Magnolia Oil | 126 | 8 | 1,557 | 1,557 | 0 | $85.64 | $2.98 |
| Sep 2023Magnolia Oil | 98 | 185 | 1,733 | 1,733 | 0 | $89.43 | $2.64 |
| Aug 2023Magnolia Oil | 82 | 4 | 1,642 | 1,642 | 0 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- BALCAR
67 bbl
- SAM
55 bbl
- DONNA
1,052 mcf
- VICKIE "B"
51 bbl
- COFFIELD-OSAGE
1,545 mcf
- WARD "N"
59 bbl
- MAXYE
25 bbl
- GERDES
38 bbl
- BIRDIE
36 bbl
- PAMELA K.
631 mcf
Giddings (Austin Chalk-3) field
- MOORE UNIT
1,464 mcf
- BETHLEHEM
1,424 mcf
- CHMELAR, GEORGE "A"
60 bbl
- T.M.P.A.
1,158 mcf
- MUESSE UNIT
1,384 mcf
- JOHNSON UNIT
59 bbl
- WARD "N"
59 bbl
- KNUTZEN OL UNIT
1,320 mcf
- JEFF
1,362 mcf
- MAXYE
25 bbl
Leases within 10 km
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254 bbl · 0.2 km
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0 bbl · 0.7 km
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0 bbl · 1 km
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47 bbl · 1.1 km
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- MARVA UNIT
0 mcf · 1.3 km
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45 bbl · 1.3 km
- GERDES, GARWOOD
3 mcf · 1.6 km
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3,085 mcf · 1.6 km
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Drilling permits within 10 km
BUCK TRAVIS TWO #H 02BT
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 8.8 km
Permit 0916801 · Jul 8, 2026
PISTOL PETE THREE #H 03PC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.5 km
Permit 0913366 · Mar 9, 2026
PISTOL PETE ONE #H 01PC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.5 km
Permit 0913365 · Mar 9, 2026
NITTANY STATE #H 05NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 5.3 km
Permit 0910925 · Oct 17, 2025
LION FOUR #H 04NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 5.3 km
Permit 0910922 · Oct 10, 2025