Skip to content
Royalty Clerk

Texas oil lease

Producing

JENSEN 'B'

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

1 well

109bbl oil, last 12 months−78% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-15344

Is your check right?

Check my statement

Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
7,075 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 78% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 78% over the last 12 monthsMonthly oil production and gas for JENSEN 'B', Aug 2023 to Jul 2026. Oil output fell 78% over the last 12 months. 109 bbl in the 12 months through Jul 2026, against 490 bbl in the 12 months before.Last 12 months: 109 bblbbl per monthmcf per month00251,000502,000753,0001004,0001255,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 78% over the last 12 monthsMonthly oil production and gas for JENSEN 'B', Aug 2023 to Jul 2026. Oil output fell 78% over the last 12 months. 109 bbl in the 12 months through Jul 2026, against 490 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251,000502,000753,0001004,0001255,000Jan 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 JENSEN 'B' 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 JENSEN 'B' 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 JENSEN 'B'
API numberWell no.Status
42-287-307011Active

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

318.54 acres on the newest permit

Permits for Jensen 'B'
API numberWell no.Acreson the permit
42-287-307011318.54
42-287-307011RE318.54

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 JENSEN 'B'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026001,2141,2140$80.46$2.89
Jun 2026001,1621,1620$84.81$3.15
May 2026001,2251,2250$102.13$2.94
Apr 2026008318310$100.32$2.77
Mar 2026001461460$91.38$3.04
Feb 2026002232230$64.51$3.62
Jan 2026004784780$60.04$7.72
Dec 202581904494490$57.97$4.26
Nov 20254414514510$60.06$3.79
Oct 20253413913910$60.89$3.19
Sep 2025803293290$63.96$2.97
Aug 20251501761760$64.86$2.91
Jul 20251511901900$68.39$3.20
Jun 20254431831830$68.17$3.02
May 2025461392492490$62.17$3.12
Apr 202511223153150$63.54$3.42
Mar 2025001,7801,7800$68.24$4.12
Feb 2025121,7221,7220$71.53$4.19
Jan 2025111131130$75.74$4.13
Dec 2024311907127120$70.12$3.01
Nov 20245001,7111,7110$69.95$2.12
Oct 202410101,3701,3700$71.99$2.20
Sep 2024541801,3501,3500$70.24$2.28
Aug 20243501,7611,7610$76.68$1.99
Jul 20241701,2161,2160$81.80$2.07
Jun 20242301,7831,7830$79.77$2.54
May 2024002,6322,6320$80.02$2.12
Apr 2024107617610$85.35$1.60
Mar 20245107017010$81.28$1.49
Feb 2024391791,3441,3440$77.25$1.72
Jan 20244201,4621,4620$74.15$3.18
Dec 20233911,3441,3440$71.90$2.52
Nov 20233901,3911,3910$77.69$2.71
Oct 2023281821,4011,4010$85.64$2.98
Sep 20234201,3361,3360$89.43$2.64
Aug 20234101,2851,2850$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