Texas oil lease
ProducingHICKS, W. B.
Hicks, W. B. is an oil lease in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
4 wells
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Burleson County
- RRC lease
- 03-13376
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 3,385 mcf
- Oil in Jul 2026
- 505 bbl
Production by month
Oil output rose 11% 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 flaring in the 2 months reported
Flaring peaked at 100.0% of the gas in Jun 2026.
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
100.0% of the gas flared in the 2 months reported. 2 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Mar 2023
- Magnolia Oil & Gas Operating LLC Mar 2023 to now
- Daylight Petroleum LLC Mar 2022 to Feb 2023
- FDL Operating, LLC Apr 2020 to Feb 2022
- Sheridan Production Company, LLC Jan 2020 to Mar 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-051-30828 | 1 | Active |
| 42-051-31447 | 2 | Active |
| 42-051-33244 | 3 | Shut-in |
| 42-051-33256 | 4 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Company | Oil | Gathers | 100 | Jul 31, 2023 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | May 1, 2005 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | May 1, 2005 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | May 1, 2020 | Jul 31, 2023 |
| Shell Trading (Us) Company | Oil | Gathers | 100 | Nov 30, 2019 | May 1, 2020 |
| Enterprise Crude Oil LLC | Oil | Gathers | 25 | Jun 1, 2012 | Nov 30, 2019 |
| Flint Hills Resources, LP | Oil | Gathers | 75 | Jun 1, 2012 | Nov 30, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
437.79 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-051-33256 | 4 | Nov 23, 2011 | Aug 13, 1991 | 437.79 |
| 42-051-33256 | 4H | Nov 23, 2011 | Aug 13, 1991 | 437.79 |
| 42-051-33244 | 3 | Jun 30, 1998 | Jul 10, 1991 | 437.38 |
| 42-051-31447 | 2 | Mar 18, 1981 | Jun 12, 1981 | 438 |
| 42-051-30828 | 1 | Jun 23, 1980 | Sep 23, 1980 | 438 |
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 |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 505 | 545 | 1,325 | 0 | 1,325 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 539 | 542 | 2,060 | 0 | 2,060 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 538 | 538 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 505 | 537 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 504 | 544 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 298 | 179 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 490 | 574 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 590 | 547 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 589 | 527 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 329 | 512 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 475 | 361 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 346 | 337 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 317 | 342 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 452 | 523 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 497 | 351 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 601 | 726 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 552 | 554 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 474 | 364 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 615 | 736 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 356 | 182 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 299 | 377 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 314 | 361 | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 239 | 177 | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 422 | 552 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 426 | 361 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 287 | 364 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 407 | 357 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 432 | 357 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 455 | 370 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 572 | 532 | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 332 | 535 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 492 | 366 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Magnolia Oil | 447 | 547 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Magnolia Oil | 467 | 541 | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Magnolia Oil | 542 | 359 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Magnolia Oil | 333 | 531 | 0 | 0 | 0 | $81.39 | $2.58 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Burleson County
- WEBB BRANCH UNIT
6,569 bbl
- SKRIVANEK-EHLERT UNIT NO. 1
5,691 bbl
- COLLEY-TREYBIG UNIT
6,185 bbl
- BEN UNIT
5,813 bbl
- BENTON-MATCEK UNIT
4,856 bbl
- CHALOUPKA-WORTHINGTON UNIT
5,385 bbl
- NOWAK-COOKS POINT UNIT
4,724 bbl
- LYON
4,312 bbl
- T.E. GIBSON, JR. UNIT 1
4,755 bbl
- WILMA
5,356 bbl
Giddings (Austin Chalk-3) field
- NATALIE
5,608 bbl
- ORA NELL UNIT
3,925 bbl
- STATLER
5,864 bbl
- CARMONA
137,639 mcf
- DRGAC-ALFORD UNIT
5,597 bbl
- EAGLETON-TRIVETT UNIT
5,580 bbl
- PANDORA UNIT
5,341 bbl
- LOEHR, A.
4,946 bbl
- CHALOUPKA-WORTHINGTON UNIT
5,385 bbl
- RIPPLE-DUSEK UNIT
5,615 bbl
Leases within 10 km
- SCAMARDO, PETE UNIT
0 mcf · 0.5 km
- ROYAL PECAN UNIT EB
4,519 bbl · 0.7 km
- TAHOE
4,016 bbl · 0.7 km
- BLUEWOOD
29,214 bbl · 0.7 km
- EMMANUEL
3,169 bbl · 1.1 km
- CURTIS UNIT
9 bbl · 1.1 km
- HAZEL J. CHACHERE OIL UNIT
587 bbl · 1.2 km
- BOWSER
863 bbl · 1.2 km
- WILLIE LEE TARVER UNIT C
102 bbl · 1.3 km
- WARREN THOMAS UNIT
0 bbl · 1.3 km
Drilling permits within 10 km
FAIRWAY B #13HA
new drill · horizontal · Wildfire Energy Operating LLC · Burleson County · 6.5 km
Permit 0916830 · Jul 6, 2026
FAIRWAY A #11HA
new drill · horizontal · Wildfire Energy Operating LLC · Burleson County · 8.4 km
Permit 0916829 · Jul 6, 2026
GOLDEN #1HA
new drill · horizontal · Wildfire Energy Operating LLC · Brazos County · 9.5 km
Permit 0915332 · May 6, 2026
JUSTICE #8HA
new drill · horizontal · Wildfire Energy Operating LLC · Burleson County · 8.6 km
Permit 0908579 · Jun 16, 2025
BIG LEE HCX #1HA
new drill · horizontal · Wildfire Energy Operating LLC · Burleson County · 9.6 km
Permit 0907740 · May 7, 2025