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Royalty Clerk

Texas gas well

Producing

HEADLINER ONE

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

1 well

309,025mcf gas, since Dec 2025
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-301287

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, since Dec 2025
60,917 bbl
Gas in Jul 2026
32,067 mcf
First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Gas output fell 8% since Dec 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 8% since Dec 2025Monthly gas production and oil for HEADLINER ONE, Dec 2025 to Jul 2026. Gas output fell 8% since Dec 2025. Monthly average of 35,881 mcf in the latest 3 months, against 38,807 mcf in the first 3.mcf per monthbbl per month0010k2,50020k5,00030k7,50040k10k50k12.5kOct 25Jan 26AprJul
Gas output fell 8% since Dec 2025Monthly gas production and oil for HEADLINER ONE, Dec 2025 to Jul 2026. Gas output fell 8% since Dec 2025. Monthly average of 35,881 mcf in the latest 3 months, against 38,807 mcf in the first 3.mcf per monthbbl per month0010k2,50020k5,00030k7,50040k10k50k12.5kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the 8 months reported

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the 8 months reportedShare of HEADLINER ONE gas by disposition code each month, Dec 2025 to Jul 2026. 96% 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%Oct 25Jan 26AprJul
96% of the gas went to a transmission line in the 8 months reportedShare of HEADLINER ONE gas by disposition code each month, Dec 2025 to Jul 2026. 96% of the gas went to a transmission line in the 8 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 297,356 mcf

  • Lease fuel (1)

    2.9% · 8,958 mcf

  • Flared (4)

    0.9% · 2,711 mcf

0.9% of the gas flared in the 8 months reported. No month above 3%.

1 well on this lease

Wells on HEADLINER ONE
API numberWell no.Status
42-149-33620H 01HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCCondensateGathers34Dec 2, 2025
Energy Trans Crude Marketing LLCCondensateGathers33Dec 2, 2025
Shell Trading (Us) CompanyCondensateGathers33Dec 2, 2025
Et Gathering & Processing LLCGas-well gasBuys100Dec 2, 2025
Energy Transfer CompanyGas-well gasGathers100Dec 2, 2025

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

Who buys my oilOil price check

1,708.17 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Headliner One
API numberWell no.Acreson the permit
42-149-33620H 01HA1,708.17

SourceRailroad Commission drilling permits, Oct 3, 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

8 months, newest first

Ledger for HEADLINER ONE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,5744,42532,06731,155200$80.46$2.89
Jun 20264,9084,95935,92034,403233$84.81$3.15
May 20265,9816,13439,65537,994208$102.13$2.94
Apr 20266,6166,47541,24639,763136$100.32$2.77
Mar 20268,2268,18643,71742,200175$91.38$3.04
Feb 20268,7688,88840,38138,062907$64.51$3.62
Jan 202611,37911,30142,43341,184374$60.04$7.72
Dec 202510,46510,29833,60632,595478$57.97$4.26

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

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Nearby

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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Giddings (Austin Chalk-3) field

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