Skip to content
Royalty Clerk

Texas oil lease

No report in 6+ months

J. E. T.

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

2 wells

1bbl oil, last 12 months−99% vs prior year
RRC lease
03-14513

Is your check right?

Check my statement

Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
195 mcf
Oil in Aug 2025
0 bbl

Production by month

Oil output fell 99% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for J. E. T., Sep 2022 to Aug 2025. Oil output fell 99% over the last 12 months. 1 bbl in the 12 months through Aug 2025, against 184 bbl in the 12 months before.Last 12 months: 1 bblbbl per monthmcf per month0010500201,000301,500402,000502,500Oct 22Jan 23AprJulOctJan 24AprJulOctJan 25AprJul
Oil output fell 99% over the last 12 monthsMonthly oil production and gas for J. E. T., Sep 2022 to Aug 2025. Oil output fell 99% over the last 12 months. 1 bbl in the 12 months through Aug 2025, against 184 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010500201,000301,500402,000502,500Jan 23JulJan 24JulJan 25Jul

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 J. E. T. gas by disposition code each month, Sep 2022 to Aug 2025. 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 22Jan 23AprJulOctJan 24AprJulOctJan 25AprJul
All of the gas went to a transmission line in the last 12 monthsShare of J. E. T. gas by disposition code each month, Sep 2022 to Aug 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 23JulJan 24JulJan 25Jul

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 Aug 2025202020212022202320242025Changed 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 Aug 2025202020212022202320242025Changed 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 J. E. T.
API numberWell no.Status
42-287-307142REActive
42-287-318521 AActive

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).

330.77 acres on the newest permit

A pooling certificate was filed

Permits for J. E. T.
API numberWell no.Acreson the permit
42-287-307141330.77
42-287-307142RE330.77
42-287-318521 A330.77
42-287-318521RE330.77

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 J. E. T.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Aug 2025Magnolia Oil00000$64.86$2.91
Jul 2025Magnolia Oil00000$68.39$3.20
Jun 2025Magnolia Oil00000$68.17$3.02
May 2025Magnolia Oil0220000$62.17$3.12
Apr 2025Magnolia Oil00000$63.54$3.42
Mar 2025Magnolia Oil00000$68.24$4.12
Feb 2025Magnolia Oil00000$71.53$4.19
Jan 2025Magnolia Oil00000$75.74$4.13
Dec 2024Magnolia Oil00000$70.12$3.01
Nov 2024Magnolia Oil10000$69.95$2.12
Oct 2024Magnolia Oil0019190$71.99$2.20
Sep 2024Magnolia Oil001761760$70.24$2.28
Aug 2024Magnolia Oil706866860$76.68$1.99
Jul 2024Magnolia Oil2601,3281,3280$81.80$2.07
Jun 2024Magnolia Oil2819129120$79.77$2.54
May 2024Magnolia Oil1841,2061,2060$80.02$2.12
Apr 2024Magnolia Oil451801,5281,5280$85.35$1.60
Mar 2024Magnolia Oil1611,9401,9400$81.28$1.49
Feb 2024Magnolia Oil2101,6841,6840$77.25$1.72
Jan 2024Magnolia Oil015005000$74.15$3.18
Dec 2023Magnolia Oil621,7661,7660$71.90$2.52
Nov 2023Magnolia Oil201,5311,5310$77.69$2.71
Oct 2023Magnolia Oil722,2002,2000$85.64$2.98
Sep 2023Magnolia Oil86000$89.43$2.64
Aug 2023Magnolia Oil113000$81.39$2.58
Jul 2023Magnolia Oil201791790$76.07$2.55
Jun 2023Magnolia Oil00110$70.25$2.18
May 2023Magnolia Oil00660$71.58$2.15
Apr 2023Magnolia Oil00550$79.45$2.16
Mar 2023Magnolia Oil00550$73.28$2.31
Feb 2023Magnolia Oil20000$76.83$2.38
Jan 2023Magnolia Oil00000$78.12$3.27
Dec 2022Magnolia Oil1025250$76.44$5.53
Nov 2022Magnolia Oil001551550$84.37$5.45
Oct 2022Magnolia Oil803293290$87.55$5.66
Sep 2022Magnolia Oil3801,3331,3330$84.26$7.88

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?

Nearby

Magnolia Oil & Gas Operating LLC in Lee County

All Magnolia Oil & Gas Operating LLC leases →

Leases within 10 km

Drilling permits within 10 km