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Texas oil lease

Producing

GOLDEN TRIANGLE

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

1 well

1,872bbl oil, last 12 months−1% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-21277

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
4,223 mcf
Oil in Jul 2026
164 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for GOLDEN TRIANGLE, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 1,872 bbl in the 12 months through Jul 2026, against 1,885 bbl in the 12 months before.Last 12 months: 1,872 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for GOLDEN TRIANGLE, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 1,872 bbl in the 12 months through Jul 2026, against 1,885 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 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 GOLDEN TRIANGLE 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 GOLDEN TRIANGLE 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 3 times, most recently in Mar 2023

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating…Mar 2023 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GOLDEN TRIANGLE
API numberWell no.Status
42-051-332821Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jul 31, 2023–
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 31, 2023
Shell Trading (Us) CompanyOilGathers100Nov 30, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers25Jun 1, 2012Nov 30, 2019
Flint Hills Resources, LPOilGathers75Jun 1, 2012Nov 30, 2019

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

Who buys my oilOil price check

214.66 acres on the newest permit

Permits for Golden Triangle
API numberWell no.Acreson the permit
42-051-332821214.66

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 GOLDEN TRIANGLE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil1641844844840$80.46$2.89
Jun 2026Magnolia Oil13703123120$84.81$3.15
May 2026Magnolia Oil1821792562560$102.13$2.94
Apr 2026Magnolia Oil17517918180$100.32$2.77
Mar 2026Magnolia Oil2243377327320$91.38$3.04
Feb 2026Magnolia Oil11205885880$64.51$3.62
Jan 2026Magnolia Oil351763203200$60.04$7.72
Dec 2025Magnolia Oil2423566546540$57.97$4.26
Nov 2025Magnolia Oil1541683263260$60.06$3.79
Oct 2025Magnolia Oil16001981980$60.89$3.19
Sep 2025Magnolia Oil2491813353350$63.96$2.97
Aug 2025Magnolia Oil380000$64.86$2.91
Jul 2025Magnolia Oil2363563173170$68.39$3.20
Jun 2025Magnolia Oil3341685495490$68.17$3.02
May 2025Magnolia Oil00000$62.17$3.12
Apr 2025Magnolia Oil24135262620$63.54$3.42
Mar 2025Magnolia Oil851000$68.24$4.12
Feb 2025Magnolia Oil74170000$71.53$4.19
Jan 2025Magnolia Oil91038380$75.74$4.13
Dec 2024Magnolia Oil1801942842840$70.12$3.01
Nov 2024Magnolia Oil1731643443440$69.95$2.12
Oct 2024Magnolia Oil2673536926920$71.99$2.20
Sep 2024Magnolia Oil41078780$70.24$2.28
Aug 2024Magnolia Oil1631773523520$76.68$1.99
Jul 2024Magnolia Oil1901804954950$81.80$2.07
Jun 2024Magnolia Oil1391642432430$79.77$2.54
May 2024Magnolia Oil1841753843840$80.02$2.12
Apr 2024Magnolia Oil1471843713710$85.35$1.60
Mar 2024Magnolia Oil2001794044040$81.28$1.49
Feb 2024Magnolia Oil1941903263260$77.25$1.72
Jan 2024Magnolia Oil3493656866860$74.15$3.18
Dec 2023Magnolia Oil9302592590$71.90$2.52
Nov 2023Magnolia Oil2553486866860$77.69$2.71
Oct 2023Magnolia Oil48041410$85.64$2.98
Sep 2023Magnolia Oil00000$89.43$2.64
Aug 2023Magnolia Oil00000$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)CountyBurleson County

Magnolia Oil & Gas Operating LLC in Burleson County

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