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GUS UNIT

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

1 well

11bbl oil, last 12 months−84% vs prior year
RRC lease
03-22415

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
24 mcf
Oil in Nov 2024
0 bbl

Production by month

Oil output fell 84% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 84% over the last 12 monthsMonthly oil production and gas for GUS UNIT, Dec 2021 to Nov 2024. Oil output fell 84% over the last 12 months. 11 bbl in the 12 months through Nov 2024, against 68 bbl in the 12 months before.Last 12 months: 11 bblbbl per monthmcf per month002010402060308040Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
Oil output fell 84% over the last 12 monthsMonthly oil production and gas for GUS UNIT, Dec 2021 to Nov 2024. Oil output fell 84% over the last 12 months. 11 bbl in the 12 months through Nov 2024, against 68 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002010402060308040Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 8 months reported

All of the gas went to a transmission line in the 8 months reportedShare of GUS UNIT gas by disposition code each month, Dec 2021 to Nov 2024. All of the gas went to a transmission line in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
All of the gas went to a transmission line in the 8 months reportedShare of GUS UNIT gas by disposition code each month, Dec 2021 to Nov 2024. All of the gas went to a transmission line in the 8 months reported.Share of gas by disposition code0%50%100%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GUS UNIT
API numberWell no.Status
42-477-307341Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers25May 11, 2018
Flint Hills Resources, LPOilGathers25May 11, 2018
Shell Trading (Us) CompanyOilGathers25May 11, 2018
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

288.82 acres on the newest permit

A pooling certificate was filed

Permits for Gus Unit
API numberWell no.Acreson the permit
42-477-307341288.82

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 GUS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 2024111000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202411000$79.77$2.54
May 202424000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202440660$81.28$1.49
Feb 202410000$77.25$1.72
Jan 2024216818180$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202302000$85.64$2.98
Sep 202322000$89.43$2.64
Aug 202343000$81.39$2.58
Jul 202311000$76.07$2.55
Jun 202332000$70.25$2.18
May 202322000$71.58$2.15
Apr 202333000$79.45$2.16
Mar 202353029290$73.28$2.31
Feb 202300000$76.83$2.38
Jan 202300000$78.12$3.27
Dec 202200990$76.44$5.53
Nov 202200000$84.37$5.45
Oct 202200220$87.55$5.66
Sep 202233000$84.26$7.88
Aug 202276000$93.67$8.81
Jul 202200000$101.62$7.28
Jun 20220025250$114.84$7.70
May 202200000$109.55$8.14
Apr 20220018180$101.78$6.60
Mar 202200550$108.50$4.90
Feb 202200000$91.64$4.69
Jan 202222000$83.22$4.38
Dec 202122000$71.71$3.76

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

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Nearby

Magnolia Oil & Gas Operating LLC in Washington County

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Giddings (Austin Chalk-3) field

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