Texas oil lease · RRC district 03 · Lease 27703
ProducingJASPER
Jasper is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 486 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-27703
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Where it sits
This county
- Gas, last 12 months
- 6,847 mcf
- Oil in Jul 2026
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
Production
Month by month, from the state record
Oil output rose 55% over the last 12 months
486 bbl in the 12 months through Jul 2026, against 314 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 27703, district 03. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Since May 2026 the lease's gas goes to a transmission line instead of lease fuel
Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.
- Transmission line (2)
- Lease fuel (1)
- Other (5 to 8)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 27703, district 03. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
Lease fuel (1)
Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.
Other (5 to 8)
Gas lift, repressure, carbon black or another use the operator reported.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
The operator changed once, most recently in May 2024
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Magnolia Oil & Gas Operating LLC May 2024 to now
- Geosouthern Operating II, LLC Jan 2020 to Apr 2024
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-149-33484 | 3H | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 03, lease 27703.
Who buys and gathers
Who moves and buys this lease's production
Oil
Energy Trans Crude Marketing LLC, Enterprise Crude Oil LLC and Gulfmark Energy, Inc. gather it.
Energy Trans Crude Marketing LLC gathers it: 40% of it, on the list since Mar 5, 2026 · Enterprise Crude Oil LLC gathers it: 30% of it, on the list since Mar 5, 2026 · Gulfmark Energy, Inc. gathers it: 30% of it, on the list since Mar 5, 2026
Gas from oil wells
Dcp Operating Company, LP buys and gathers it.
Dcp Operating Company, LP buys it: 100% of it, on the list since Mar 5, 2026 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Mar 5, 2026
Companies that used to be listed: Amp Texas Pipelines, LLC (gathers it, until Mar 5, 2026); Amp Texas Pipelines, LLC (buys it, until Mar 5, 2026); Gulfmark Energy, Inc. (gathers it, until Mar 5, 2026).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
693.89 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- Sep 26, 2019
- Latest permit
- May 31, 2019
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-33484 | 3H | May 31, 2019 | Sep 26, 2019 | 693.89 |
What the operator reported
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says JASPER sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 0 | 0 | 174 | 167 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 157 | 249 | 249 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 242 | 89 | 3,014 | 1,162 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | 33 | 30 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 9 | 0 | 170 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 23 | 0 | 301 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 13 | 0 | 298 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 151 | 179 | 2,348 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 48 | 0 | 254 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | 3 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 0 | 0 | 3 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 17 | 113 | 86 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 40 | 0 | 462 | 0 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 26 | 0 | 191 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 95 | 144 | 971 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 0 | 1 | 60 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 44 | 0 | 823 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 19 | 0 | 512 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 7 | 88 | 180 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 18 | 0 | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 11 | 0 | 319 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 37 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 27 | 89 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 47 | 0 | 2,448 | 0 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 0 | 19 | 2,971 | 253 | 0 | $80.02 | $2.12 |
| Apr 2024Geosouthern Operating | 99 | 166 | 1,721 | 348 | 0 | $85.35 | $1.60 |
| Mar 2024Geosouthern Operating | 153 | 156 | 2,266 | 251 | 0 | $81.28 | $1.49 |
| Feb 2024Geosouthern Operating | 194 | 220 | 2,436 | 378 | 0 | $77.25 | $1.72 |
| Jan 2024Geosouthern Operating | 183 | 160 | 2,478 | 282 | 0 | $74.15 | $3.18 |
| Dec 2023Geosouthern Operating | 173 | 136 | 2,786 | 549 | 0 | $71.90 | $2.52 |
| Nov 2023Geosouthern Operating | 116 | 145 | 1,117 | 237 | 0 | $77.69 | $2.71 |
| Oct 2023Geosouthern Operating | 174 | 143 | 2,413 | 782 | 0 | $85.64 | $2.98 |
| Sep 2023Geosouthern Operating | 237 | 275 | 1,690 | 483 | 0 | $89.43 | $2.64 |
| Aug 2023Geosouthern Operating | 127 | 130 | 1,644 | 508 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for JASPER. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- ENVY SIX
194,757 bbl last 12 months
- ENVY FOUR
186,116 bbl last 12 months
- CY ONE
461,138 mcf last 12 months
- MARCUS THREE
2,093,008 mcf last 12 months
- DUBS HUSKY FOUR
1,323,328 mcf last 12 months
Giddings (Austin Chalk-3) field
- WILD BAND
1,418,825 mcf last 12 months
- SMOKEY SEVEN
1,238,821 mcf last 12 months
- TUSK SEVEN
2,088,312 mcf last 12 months
- TUSK THREE
1,776,461 mcf last 12 months
- TUSK FIVE
2,034,536 mcf last 12 months
Leases within 10 km
Found by the location of their wells.
- JASPER
445 mcf last 12 months · 0 km away
- JASPER UNIT
5,437 mcf last 12 months · 0.2 km away
- DWL
2,156 mcf last 12 months · 0.9 km away
- GARNET UNIT
23,959 mcf last 12 months · 1.1 km away
- LEVIEN
13 bbl last 12 months · 1.2 km away
Drilling permits within 10 km
CYCLONE EIGHT #H 08CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0917165 · Jul 24, 2026
CYCLONE TEN #H 10CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0917166 · Jul 24, 2026
CYCLONE TWELVE #H 12CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0917167 · Jul 24, 2026
CYCLONE SIX #H 06CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0917164 · Jul 23, 2026
CYCLONE TWO #H 02CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0917162 · Jul 23, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 27703, district 03, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.