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Producing

GREGORY, MARGARET UNIT

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

1 well

1,365bbl oil, last 12 months−51% vs prior year
RRC lease
03-15261

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
1,271 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Magnolia Oil & Gas Operating LLC took over from Dallas Petroleum Group, LLC in Aug 2025.

  • Sales

    No sales reported for the last 3 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 lease

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for GREGORY, MARGARET UNIT, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 1,365 bbl in the 12 months through Jul 2026, against 2,763 bbl in the 12 months before.Last 12 months: 1,365 bblbbl per monthmcf per month002001004002006003008004001,000500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for GREGORY, MARGARET UNIT, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 1,365 bbl in the 12 months through Jul 2026, against 2,763 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001004002006003008004001,000500Jan 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 GREGORY, MARGARET 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 GREGORY, MARGARET 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.

Who has run this lease

The operator changed once, most recently in Aug 2025

Operators of this lease over timeDallas Petroleum Group, LLC, Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Dallas Petroleum Group, LLCJan 2020 to Jul 2025Magnolia Oil & Gas Operating…Aug 2025 to now
Operators of this lease over timeDallas Petroleum Group, LLC, Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Dallas Petroleum Group, LLCJan 2020 to Jul 2025Magnolia Oil & Gas Operating LLCAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GREGORY, MARGARET UNIT
API numberWell no.Status
42-287-310541Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Mar 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Genesis Crude Oil, L.p.OilGathers100Aug 1, 2020Mar 1, 2022
Plains Marketing, L.p.OilGathers100Apr 1, 2003Aug 1, 2020

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

273.28 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • 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.

Check your decimal on this lease
Permits for Gregory, Margaret Unit
API numberWell no.Acreson the permit
42-287-310541273.28
42-287-310541RE273.28

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 GREGORY, MARGARET UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil00440$80.46$2.89
Jun 2026Magnolia Oil10330$84.81$3.15
May 2026Magnolia Oil0021210$102.13$2.94
Apr 2026Magnolia Oil1741961981980$100.32$2.77
Mar 2026Magnolia Oil4005574704700$91.38$3.04
Feb 2026Magnolia Oil21619262620$64.51$3.62
Jan 2026Magnolia Oil1831881051050$60.04$7.72
Dec 2025Magnolia Oil22619371710$57.97$4.26
Nov 2025Magnolia Oil144418180$60.06$3.79
Oct 2025Magnolia Oil50000$60.89$3.19
Sep 2025Magnolia Oil703013010$63.96$2.97
Aug 2025Magnolia Oil986818180$64.86$2.91
Jul 2025Dallas Petroleum1721821431430$68.39$3.20
Jun 2025Dallas Petroleum427151041040$68.17$3.02
May 2025Dallas Petroleum86110100$62.17$3.12
Apr 2025Dallas Petroleum162440$63.54$3.42
Mar 2025Dallas Petroleum23538092920$68.24$4.12
Feb 2025Dallas Petroleum139013130$71.53$4.19
Jan 2025Dallas Petroleum111301000$75.74$4.13
Dec 2024Dallas Petroleum6318642420$70.12$3.01
Nov 2024Dallas Petroleum2691911361360$69.95$2.12
Oct 2024Dallas Petroleum3955771601600$71.99$2.20
Sep 2024Dallas Petroleum36837991910$70.24$2.28
Aug 2024Dallas Petroleum4825202242240$76.68$1.99
Jul 2024Dallas Petroleum44138069690$81.80$2.07
Jun 2024Dallas Petroleum3985542342340$79.77$2.54
May 2024Dallas Petroleum57537095950$80.02$2.12
Apr 2024Dallas Petroleum6917856560$85.35$1.60
Mar 2024Dallas Petroleum4163702202200$81.28$1.49
Feb 2024Dallas Petroleum28538523230$77.25$1.72
Jan 2024Dallas Petroleum111015150$74.15$3.18
Dec 2023Dallas Petroleum25021210$71.90$2.52
Nov 2023Dallas Petroleum19620418180$77.69$2.71
Oct 2023Dallas Petroleum153180990$85.64$2.98
Sep 2023Dallas Petroleum824000$89.43$2.64
Aug 2023Dallas Petroleum286171000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Magnolia Oil & Gas Operating LLC in Lee County

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Giddings (Austin Chalk-3) field

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