Texas oil lease
No report in 6+ monthsGUS 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
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Washington County
- RRC lease
- 03-22415
Is your check right?
Where it sits
This 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
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-477-30734 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 25 | May 11, 2018 |
| Flint Hills Resources, LP | Oil | Gathers | 25 | May 11, 2018 |
| Shell Trading (Us) Company | Oil | Gathers | 25 | May 11, 2018 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 25 | May 11, 2018 |
| Magnolia Oil & Gas Operating LLC | Casinghead gas | Buys | 100 | Sep 1, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Nov 2024 | 0 | 0 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024 | 0 | 0 | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024 | 1 | 11 | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024 | 0 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024 | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024 | 1 | 1 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024 | 2 | 4 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024 | 0 | 0 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024 | 4 | 0 | 6 | 6 | 0 | $81.28 | $1.49 |
| Feb 2024 | 1 | 0 | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024 | 2 | 168 | 18 | 18 | 0 | $74.15 | $3.18 |
| Dec 2023 | 0 | 0 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023 | 0 | 0 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023 | 0 | 2 | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023 | 2 | 2 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023 | 4 | 3 | 0 | 0 | 0 | $81.39 | $2.58 |
| Jul 2023 | 1 | 1 | 0 | 0 | 0 | $76.07 | $2.55 |
| Jun 2023 | 3 | 2 | 0 | 0 | 0 | $70.25 | $2.18 |
| May 2023 | 2 | 2 | 0 | 0 | 0 | $71.58 | $2.15 |
| Apr 2023 | 3 | 3 | 0 | 0 | 0 | $79.45 | $2.16 |
| Mar 2023 | 53 | 0 | 29 | 29 | 0 | $73.28 | $2.31 |
| Feb 2023 | 0 | 0 | 0 | 0 | 0 | $76.83 | $2.38 |
| Jan 2023 | 0 | 0 | 0 | 0 | 0 | $78.12 | $3.27 |
| Dec 2022 | 0 | 0 | 9 | 9 | 0 | $76.44 | $5.53 |
| Nov 2022 | 0 | 0 | 0 | 0 | 0 | $84.37 | $5.45 |
| Oct 2022 | 0 | 0 | 2 | 2 | 0 | $87.55 | $5.66 |
| Sep 2022 | 3 | 3 | 0 | 0 | 0 | $84.26 | $7.88 |
| Aug 2022 | 7 | 6 | 0 | 0 | 0 | $93.67 | $8.81 |
| Jul 2022 | 0 | 0 | 0 | 0 | 0 | $101.62 | $7.28 |
| Jun 2022 | 0 | 0 | 25 | 25 | 0 | $114.84 | $7.70 |
| May 2022 | 0 | 0 | 0 | 0 | 0 | $109.55 | $8.14 |
| Apr 2022 | 0 | 0 | 18 | 18 | 0 | $101.78 | $6.60 |
| Mar 2022 | 0 | 0 | 5 | 5 | 0 | $108.50 | $4.90 |
| Feb 2022 | 0 | 0 | 0 | 0 | 0 | $91.64 | $4.69 |
| Jan 2022 | 2 | 2 | 0 | 0 | 0 | $83.22 | $4.38 |
| Dec 2021 | 2 | 2 | 0 | 0 | 0 | $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
This lease belongs to
Magnolia Oil & Gas Operating LLC in Washington County
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Drilling permits within 10 km
TRUMAN THREE #H 03TM
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Washington County · 5.8 km
Permit 0917816 · Aug 18, 2026
TRUMAN FIVE #H 05TM
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Washington County · 5.8 km
Permit 0917859 · Aug 18, 2026
MAC ARTHUR UNIT #H 04TM
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Washington County · 5.8 km
Permit 0917814 · Aug 14, 2026
TRUMAN ONE #H 01TM
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Washington County · 5.8 km
Permit 0917732 · Aug 13, 2026
MAC ARTHUR UNIT #H 06TM
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Washington County · 5.8 km
Permit 0917731 · Aug 12, 2026