Skip to content
Royalty Clerk

Texas oil lease

Producing

GIACCONE-LEHMANN UNIT

Giaccone-Lehmann Unit is an oil lease in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

2 wells

26,617bbl oil, last 12 months−31% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-21886

Is your check right?

Check my statement

Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
112,111 mcf
Oil in Jul 2026
2,021 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for GIACCONE-LEHMANN UNIT, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 26,617 bbl in the 12 months through Jul 2026, against 38,630 bbl in the 12 months before.Last 12 months: 26,617 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for GIACCONE-LEHMANN UNIT, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 26,617 bbl in the 12 months through Jul 2026, against 38,630 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
94% of the gas went to a transmission line in the last 12 monthsShare of GIACCONE-LEHMANN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 94% 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
94% of the gas went to a transmission line in the last 12 monthsShare of GIACCONE-LEHMANN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 94% 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.

  • Transmission line (2)

    94% · 105,054 mcf

  • Lease fuel (1)

    6.3% · 7,057 mcf

2 wells on this lease

Wells on GIACCONE-LEHMANN UNIT
API numberWell no.Status
42-477-307001Active
42-477-311292HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers90Jan 1, 2023–
Enterprise Crude Oil LLCOilGathers5Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers5Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Jan 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jan 1, 2023
Enterprise Crude Oil LLCOilGathers25May 11, 2018Jan 1, 2023
Flint Hills Resources, LPOilGathers25May 11, 2018Jan 1, 2023
Shell Trading (Us) CompanyOilGathers25May 11, 2018Jan 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Jan 1, 2023

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

Who buys my oilOil price check

616.46 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 493.63 and 616.46 acres.

Permits for Giaccone-Lehmann Unit
API numberWell no.Acreson the permit
42-477-311292H616.46
42-477-307001493.63

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 GIACCONE-LEHMANN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,0211,9308,8228,3300$80.46$2.89
Jun 20261,8021,9497,7467,0080$84.81$3.15
May 20262,3662,3489,6329,0080$102.13$2.94
Apr 20262,0571,63110,1479,6390$100.32$2.77
Mar 20262,3542,46410,1709,6760$91.38$3.04
Feb 20261,9532,0538,6688,1130$64.51$3.62
Jan 20262,1522,14510,2179,6450$60.04$7.72
Dec 20252,3292,4768,1357,3050$57.97$4.26
Nov 20252,0721,7708,4497,7900$60.06$3.79
Oct 20252,8162,79312,04611,5360$60.89$3.19
Sep 20252,4472,6549,0968,6120$63.96$2.97
Aug 20252,2482,1928,9838,3920$64.86$2.91
Jul 20252,5352,54111,04910,5610$68.39$3.20
Jun 20253,1373,03912,27111,7820$68.17$3.02
May 20253,2043,36812,78212,2750$62.17$3.12
Apr 20253,2263,26412,47811,9880$63.54$3.42
Mar 20253,3813,46512,88112,4070$68.24$4.12
Feb 20253,1322,88913,13912,6050$71.53$4.19
Jan 20253,7554,20213,21312,6720$75.74$4.13
Dec 20244,3673,71612,53812,0440$70.12$3.01
Nov 20244,6454,92912,58812,1370$69.95$2.12
Oct 20241,8571,8463,8523,6970$71.99$2.20
Sep 20242,7392,9257,0227,0220$70.24$2.28
Aug 20242,6522,5148,0288,0280$76.68$1.99
Jul 20242,2462,1042,6622,6620$81.80$2.07
Jun 20248967835235230$79.77$2.54
May 20241842481531530$80.02$2.12
Apr 202485469000$85.35$1.60
Mar 20243,3533,26913,95613,9560$81.28$1.49
Feb 20242,9953,4029,4269,4260$77.25$1.72
Jan 20243,0192,52711,57011,5700$74.15$3.18
Dec 20233,6253,87211,21111,2110$71.90$2.52
Nov 20233,5303,61514,07814,0780$77.69$2.71
Oct 20234,0094,00010,91310,9130$85.64$2.98
Sep 20233,9013,66913,21613,2160$89.43$2.64
Aug 20233,9964,33614,79914,7990$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Washington County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km