Skip to content
Royalty Clerk

Texas oil lease

Producing

HIGGINS UNIT

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

1 well

9,943bbl oil, last 12 months−33% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-22346

Is your check right?

Check my statement

Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
32,196 mcf
Oil in Jul 2026
257 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for HIGGINS UNIT, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 9,943 bbl in the 12 months through Jul 2026, against 14,924 bbl in the 12 months before.Last 12 months: 9,943 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for HIGGINS UNIT, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 9,943 bbl in the 12 months through Jul 2026, against 14,924 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 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 HIGGINS 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 HIGGINS 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.

1 well on this lease

Wells on HIGGINS UNIT
API numberWell no.Status
42-287-324131Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

368.22 acres on the newest permit

A pooling certificate was filed

Permits for Higgins Unit
API numberWell no.Acreson the permit
42-287-324131368.22

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 HIGGINS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262573702152150$80.46$2.89
Jun 20263041602402400$84.81$3.15
May 20264193665605600$102.13$2.94
Apr 20264987226546540$100.32$2.77
Mar 20265376992,1162,1160$91.38$3.04
Feb 20267495482,5142,5140$64.51$3.62
Jan 20268509203,7833,7830$60.04$7.72
Dec 20251,0281,0683,8203,8200$57.97$4.26
Nov 20251,1641,0843,6703,6700$60.06$3.79
Oct 20251,1251,0772,9972,9970$60.89$3.19
Sep 20251,1201,2634,3734,3730$63.96$2.97
Aug 20251,8921,8077,2547,2540$64.86$2.91
Jul 20252,3502,3206,2796,2790$68.39$3.20
Jun 20253,5683,6124,3424,3420$68.17$3.02
May 20254,0394,1584,4514,4510$62.17$3.12
Apr 20251,3981,1121,5511,5510$63.54$3.42
Mar 20257221,0694524520$68.24$4.12
Feb 20251,4811,0641,1671,1670$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202401000$69.95$2.12
Oct 20242633637157150$71.99$2.20
Sep 20245165251,3041,3040$70.24$2.28
Aug 20245875331,4621,4620$76.68$1.99
Jul 20246558913953950$81.80$2.07
Jun 2024616366000$79.77$2.54
May 20240038380$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202410000$81.28$1.49
Feb 202412029290$77.25$1.72
Jan 202400000$74.15$3.18
Dec 20230020200$71.90$2.52
Nov 20230029290$77.69$2.71
Oct 202300000$85.64$2.98
Sep 20234775321,4581,4580$89.43$2.64
Aug 20235095281,4751,4750$81.39$2.58

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 lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km