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Texas oil lease

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JAX UNIT

Jax Unit is an oil lease in Robertson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Buda) field.

1 well

3,500bbl oil, last 12 months+12% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Robertson County
Field
Giddings (Buda)
RRC lease
03-23556

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Where it sits

This county

Robertson CountyRobertsonFallsLimestoneMadisonMcLennanLeonBrazosMilamRobertson County
Robertson County
Gas, last 12 months
2,853 mcf
Oil in Jul 2026
307 bbl

Production by month

Oil output rose 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 12% over the last 12 monthsMonthly oil production and gas for JAX UNIT, Aug 2023 to Jul 2026. Oil output rose 12% over the last 12 months. 3,500 bbl in the 12 months through Jul 2026, against 3,137 bbl in the 12 months before.Last 12 months: 3,500 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 12% over the last 12 monthsMonthly oil production and gas for JAX UNIT, Aug 2023 to Jul 2026. Oil output rose 12% over the last 12 months. 3,500 bbl in the 12 months through Jul 2026, against 3,137 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of JAX UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 lease fuel in the last 12 monthsShare of JAX UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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.

Who has run this lease

The operator changed 2 times, most recently in Dec 2023

Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, L…Jan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating…Dec 2023 to now
Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, LLCJan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on JAX UNIT
API numberWell no.Status
42-395-305431Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers75Jul 1, 2021–
4J Energy, LLCOilGathers25Jul 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Sep 1, 2016–
Energy Transfer CompanyCasinghead gasGathers100Jul 7, 2016–
Buckhead Midstream, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Shell Trading (Us) CompanyOilGathers25Jul 1, 2020Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Jul 1, 2020Jul 1, 2021
Texican Crude&hydrocarbons, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Buckhead Midstream, LLCOilGathers20Jun 1, 2020Jul 1, 2020
Shell Trading (Us) CompanyOilGathers70Jun 1, 2020Jul 1, 2020

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

Who buys my oilOil price check

1,521.50 acres on the newest permit

A pooling certificate was filed

Permits for Jax Unit
API numberWell no.Acreson the permit
42-395-3054311,521.50

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 JAX UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil30729224800$80.46$2.89
Jun 2026Magnolia Oil27017824000$84.81$3.15
May 2026Magnolia Oil27035024800$102.13$2.94
Apr 2026Magnolia Oil26918024000$100.32$2.77
Mar 2026Magnolia Oil28735724800$91.38$3.04
Feb 2026Magnolia Oil26235022400$64.51$3.62
Jan 2026Magnolia Oil28217921100$60.04$7.72
Dec 2025Magnolia Oil32132924800$57.97$4.26
Nov 2025Magnolia Oil31735223700$60.06$3.79
Oct 2025Magnolia Oil26634422400$60.89$3.19
Sep 2025Magnolia Oil31917923700$63.96$2.97
Aug 2025Magnolia Oil33035624800$64.86$2.91
Jul 2025Magnolia Oil32635324700$68.39$3.20
Jun 2025Magnolia Oil27717923700$68.17$3.02
May 2025Magnolia Oil27340024200$62.17$3.12
Apr 2025Magnolia Oil29417524000$63.54$3.42
Mar 2025Magnolia Oil31636324800$68.24$4.12
Feb 2025Magnolia Oil26034821600$71.53$4.19
Jan 2025Magnolia Oil22917417500$75.74$4.13
Dec 2024Magnolia Oil32136124000$70.12$3.01
Nov 2024Magnolia Oil29934823200$69.95$2.12
Oct 2024Magnolia Oil176114000$71.99$2.20
Sep 2024Magnolia Oil20735722300$70.24$2.28
Aug 2024Magnolia Oil159024800$76.68$1.99
Jul 2024Magnolia Oil24335723200$81.80$2.07
Jun 2024Magnolia Oil25517924000$79.77$2.54
May 2024Magnolia Oil33835024800$80.02$2.12
Apr 2024Magnolia Oil43153424000$85.35$1.60
Mar 2024Magnolia Oil44035424800$81.28$1.49
Feb 2024Magnolia Oil38536723200$77.25$1.72
Jan 2024Magnolia Oil33436024800$74.15$3.18
Dec 2023Magnolia Oil30936324800$71.90$2.52
Nov 2023LRR Pecos37835624000$77.69$2.71
Oct 2023LRR Pecos38135823300$85.64$2.98
Sep 2023LRR Pecos33436224000$89.43$2.64
Aug 2023LRR Pecos39435924500$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Buda)CountyRobertson County

Magnolia Oil & Gas Operating LLC in Robertson County

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Giddings (Buda) field

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