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Texas gas well

Producing

GRACE UNIT

Grace Unit is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

2,914mcf gas, last 12 months−19% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-284268

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas in Jul 2026
247 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 19% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 19% over the last 12 monthsMonthly gas production and oil for GRACE UNIT, Aug 2023 to Jul 2026. Gas output fell 19% over the last 12 months. 2,914 mcf in the 12 months through Jul 2026, against 3,576 mcf in the 12 months before.Last 12 months: 2,914 mcfmcf per monthbbl per month002005400106001580020Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 19% over the last 12 monthsMonthly gas production and oil for GRACE UNIT, Aug 2023 to Jul 2026. Gas output fell 19% over the last 12 months. 2,914 mcf in the 12 months through Jul 2026, against 3,576 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002005400106001580020Jan 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 GRACE UNIT 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 GRACE UNIT 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.

1 well on this lease

Wells on GRACE UNIT
API numberWell no.Status
42-149-319851REActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyCondensateGathers100Jan 19, 2018
Energy Transfer CompanyGas-well gasBuys100Jan 19, 2018
Dcp Operating Company, LPGas-well gasGathers100Jan 19, 2018

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

Who buys my oilOil price check

452.49 acres on the newest permit

A pooling certificate was filed

Permits for Grace Unit
API numberWell no.Acreson the permit
42-149-319851RE452.49

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 GRACE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026002472470$80.46$2.89
Jun 2026002602600$84.81$3.15
May 2026001931930$102.13$2.94
Apr 2026001321320$100.32$2.77
Mar 2026001651650$91.38$3.04
Feb 2026002362360$64.51$3.62
Jan 2026002752750$60.04$7.72
Dec 2025002912910$57.97$4.26
Nov 2025002822820$60.06$3.79
Oct 2025002842840$60.89$3.19
Sep 2025002762760$63.96$2.97
Aug 2025002732730$64.86$2.91
Jul 2025002752750$68.39$3.20
Jun 2025002722720$68.17$3.02
May 2025002952950$62.17$3.12
Apr 2025002922920$63.54$3.42
Mar 202501033263260$68.24$4.12
Feb 2025005975970$71.53$4.19
Jan 20250072720$75.74$4.13
Dec 2024001331330$70.12$3.01
Nov 2024003223220$69.95$2.12
Oct 2024003383380$71.99$2.20
Sep 2024003243240$70.24$2.28
Aug 2024103303300$76.68$1.99
Jul 2024003193190$81.80$2.07
Jun 2024103163160$79.77$2.54
May 2024005825820$80.02$2.12
Apr 20240086860$85.35$1.60
Mar 2024003223220$81.28$1.49
Feb 2024002972970$77.25$1.72
Jan 2024003153150$74.15$3.18
Dec 2023003193190$71.90$2.52
Nov 20231802842840$77.69$2.71
Oct 2023002882880$85.64$2.98
Sep 2023002722720$89.43$2.64
Aug 2023002842840$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)CountyFayette County

Magnolia Oil & Gas Operating LLC in Fayette County

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