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Royalty Clerk

Texas oil lease · RRC district 03 · Lease 18806

Producing

GOODSON

Goodson is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 929 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

929bbl oil, last 12 months+10% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-18806

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County · RRC district 03Open Lee County →
Gas, last 12 months
372 mcf
Oil in Jul 2026
81 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 10% over the last 12 months

929 bbl in the 12 months through Jul 2026, against 841 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 10% over the last 12 monthsMonthly oil production and gas for GOODSON, Aug 2023 to Jul 2026. Oil output rose 10% over the last 12 months. 929 bbl in the 12 months through Jul 2026, against 841 bbl in the 12 months before.Last 12 months: 929 bblbbl per monthmcf per month005020100401506020080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 10% over the last 12 monthsMonthly oil production and gas for GOODSON, Aug 2023 to Jul 2026. Oil output rose 10% over the last 12 months. 929 bbl in the 12 months through Jul 2026, against 841 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005020100401506020080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 18806, district 03. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

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

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of GOODSON 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 GOODSON 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, gas disposition by code, lease 18806, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Magnolia Oil & Gas Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Magnolia Oil & Gas Operating…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Magnolia Oil & Gas Operating LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 18806 in district 03. The API number is the state’s ID for a well.
Wells on GOODSON
API numberWell no.Status
42-287-318311 AActive

SourceTexas Railroad Commission Wellbore Query, district 03, lease 18806.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Energy Trans Crude Marketing LLC gathers it.

    100% of it, on the list since Jul 1, 2021

Companies that used to be listed: Dcp Operating Company, LP (gathers it, until Jul 1, 2021); Magnolia Oil & Gas Operating LLC (buys it, until Jul 1, 2021); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jul 1, 2021).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

180.48 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
2
First completion
Sep 19, 1985
Latest permit
Aug 5, 1994
Wells and acres on the permits for Goodson
API numberWell no.Acreson the permit
42-287-318311 A180.48
42-287-318311H180.48

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

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What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says GOODSON sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for GOODSON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil81348480$80.46$2.89
Jun 2026Magnolia Oil10517542420$84.81$3.15
May 2026Magnolia Oil26127270$102.13$2.94
Apr 2026Magnolia Oil71149490$100.32$2.77
Mar 2026Magnolia Oil7417646460$91.38$3.04
Feb 2026Magnolia Oil64141410$64.51$3.62
Jan 2026Magnolia Oil7717143430$60.04$7.72
Dec 2025Magnolia Oil60021210$57.97$4.26
Nov 2025Magnolia Oil11016636360$60.06$3.79
Oct 2025Magnolia Oil147019190$60.89$3.19
Sep 2025Magnolia Oil26169000$63.96$2.97
Aug 2025Magnolia Oil883000$64.86$2.91
Jul 2025Magnolia Oil9317913130$68.39$3.20
Jun 2025Magnolia Oil73113130$68.17$3.02
May 2025Magnolia Oil81119190$62.17$3.12
Apr 2025Magnolia Oil7814113130$63.54$3.42
Mar 2025Magnolia Oil8917118180$68.24$4.12
Feb 2025Magnolia Oil148419190$71.53$4.19
Jan 2025Magnolia Oil02000$75.74$4.13
Dec 2024Magnolia Oil25140220$70.12$3.01
Nov 2024Magnolia Oil572660$69.95$2.12
Oct 2024Magnolia Oil59172440$71.99$2.20
Sep 2024Magnolia Oil671660$70.24$2.28
Aug 2024Magnolia Oil71171710$76.68$1.99
Jul 2024Magnolia Oil7116911110$81.80$2.07
Jun 2024Magnolia Oil65217170$79.77$2.54
May 2024Magnolia Oil76175440$80.02$2.12
Apr 2024Magnolia Oil130000$85.35$1.60
Mar 2024Magnolia Oil402440$81.28$1.49
Feb 2024Magnolia Oil520330$77.25$1.72
Jan 2024Magnolia Oil18042420$74.15$3.18
Dec 2023Magnolia Oil47227270$71.90$2.52
Nov 2023Magnolia Oil29175000$77.69$2.71
Oct 2023Magnolia Oil460330$85.64$2.98
Sep 2023Magnolia Oil310000$89.43$2.64
Aug 2023Magnolia Oil32254540$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Lee County

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Giddings (Austin Chalk-3) field

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 18806, district 03, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about GOODSON

Who operates the GOODSON lease?

The Railroad Commission lists Magnolia Oil & Gas Operating LLC (operator number 521544) as the operator of this lease in Lee County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the GOODSON lease produced?

The lease reported 929 bbl of oil and 372 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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