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HARDWICK-BIGGS UNIT

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

2 wells

3,641bbl oil, last 12 months−13% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-12394

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
6,965 mcf
Oil in Jul 2026
521 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for HARDWICK-BIGGS UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 3,641 bbl in the 12 months through Jul 2026, against 4,206 bbl in the 12 months before.Last 12 months: 3,641 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for HARDWICK-BIGGS UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 3,641 bbl in the 12 months through Jul 2026, against 4,206 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 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 HARDWICK-BIGGS 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 HARDWICK-BIGGS 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 Sep 2021

Operators of this lease over timeWCS Oil & Gas Corporation, Jan 2020 to Aug 2021; Magnolia Oil & Gas Operating LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021WCS Oil & Gas CorporationJan 2020 to Aug 2021Magnolia Oil & Gas Operating…Sep 2021 to now
Operators of this lease over timeWCS Oil & Gas Corporation, Jan 2020 to Aug 2021; Magnolia Oil & Gas Operating LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021WCS Oil & Gas CorporationJan 2020 to Aug 2021Magnolia Oil & Gas Operating LLCSep 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on HARDWICK-BIGGS UNIT
API numberWell no.Status
42-287-305231REActive
42-287-305542Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 1, 2021
Shell Trading (Us) CompanyOilGathers100Jan 1, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers100Nov 30, 2016Jan 1, 2019

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

Who buys my oilOil price check

40 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 40 and 166.55 acres.

Permits for Hardwick-Biggs Unit
API numberWell no.Acreson the permit
42-287-30554240
42-287-305231166.55
42-287-305231RE166.55

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 HARDWICK-BIGGS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil5213417717710$80.46$2.89
Jun 2026Magnolia Oil3493746336330$84.81$3.15
May 2026Magnolia Oil4733451,1001,1000$102.13$2.94
Apr 2026Magnolia Oil2353405645640$100.32$2.77
Mar 2026Magnolia Oil0039390$91.38$3.04
Feb 2026Magnolia Oil2893576636630$64.51$3.62
Jan 2026Magnolia Oil3141825955950$60.04$7.72
Dec 2025Magnolia Oil1821802502500$57.97$4.26
Nov 2025Magnolia Oil3133427737730$60.06$3.79
Oct 2025Magnolia Oil3093326676670$60.89$3.19
Sep 2025Magnolia Oil3223744584580$63.96$2.97
Aug 2025Magnolia Oil3343454524520$64.86$2.91
Jul 2025Magnolia Oil3383412882880$68.39$3.20
Jun 2025Magnolia Oil3151691551550$68.17$3.02
May 2025Magnolia Oil4105369449440$62.17$3.12
Apr 2025Magnolia Oil3031841021020$63.54$3.42
Mar 2025Magnolia Oil27137015150$68.24$4.12
Feb 2025Magnolia Oil198163000$71.53$4.19
Jan 2025Magnolia Oil3423412152150$75.74$4.13
Dec 2024Magnolia Oil4325223783780$70.12$3.01
Nov 2024Magnolia Oil4243283003000$69.95$2.12
Oct 2024Magnolia Oil3883623883880$71.99$2.20
Sep 2024Magnolia Oil4105423643640$70.24$2.28
Aug 2024Magnolia Oil3753502542540$76.68$1.99
Jul 2024Magnolia Oil3743624454450$81.80$2.07
Jun 2024Magnolia Oil4333712822820$79.77$2.54
May 2024Magnolia Oil3835414904900$80.02$2.12
Apr 2024Magnolia Oil5283499039030$85.35$1.60
Mar 2024Magnolia Oil3803655535530$81.28$1.49
Feb 2024Magnolia Oil6326997397390$77.25$1.72
Jan 2024Magnolia Oil5235356776770$74.15$3.18
Dec 2023Magnolia Oil6017085785780$71.90$2.52
Nov 2023Magnolia Oil8107187757750$77.69$2.71
Oct 2023Magnolia Oil6125327667660$85.64$2.98
Sep 2023Magnolia Oil5286817357350$89.43$2.64
Aug 2023Magnolia Oil7405479229220$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)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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