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Royalty Clerk

Texas gas well

Producing

JET

Jet is a gas well in Grimes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

5,841mcf gas, last 12 months−19% vs prior year
RRC lease
03-213308

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Where it sits

This county

Grimes CountyGrimesWalkerMadisonMontgomeryWashingtonBrazosBurlesonRobertsonGrimes County
Grimes County
Gas in Jul 2026
489 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 19% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 19% over the last 12 monthsMonthly gas production and oil for JET, Aug 2023 to Jul 2026. Gas output fell 19% over the last 12 months. 5,841 mcf in the 12 months through Jul 2026, against 7,169 mcf in the 12 months before.Last 12 months: 5,841 mcfmcf per monthbbl per month0050011,00021,50032,00042,5005Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 19% over the last 12 monthsMonthly gas production and oil for JET, Aug 2023 to Jul 2026. Gas output fell 19% over the last 12 months. 5,841 mcf in the 12 months through Jul 2026, against 7,169 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050011,00021,50032,00042,5005Jan 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 JET 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 JET 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 JET
API numberWell no.Status
42-185-306912Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Transfer Marketing & TermCondensateGathers34Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025
Shell Trading (Us) CompanyCondensateGathers33Oct 1, 2025
Energy Transfer CompanyGas-well gasBuys100May 13, 2005
Energy Transfer CompanyGas-well gasGathers100May 13, 2005

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

1,013.16 acres on the newest permit

Permits for Jet
API numberWell no.Acreson the permit
42-185-3069121,013.16

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 JET
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026004894890$80.46$2.89
Jun 2026004194190$84.81$3.15
May 2026007337330$102.13$2.94
Apr 2026006036030$100.32$2.77
Mar 2026002462460$91.38$3.04
Feb 2026006806800$64.51$3.62
Jan 2026003313310$60.04$7.72
Dec 2025005885880$57.97$4.26
Nov 2025002772770$60.06$3.79
Oct 2025004334330$60.89$3.19
Sep 2025006086080$63.96$2.97
Aug 2025004344340$64.86$2.91
Jul 2025003423420$68.39$3.20
Jun 2025003333330$68.17$3.02
May 2025004674670$62.17$3.12
Apr 2025004314310$63.54$3.42
Mar 2025006956950$68.24$4.12
Feb 2025006476470$71.53$4.19
Jan 2025008568560$75.74$4.13
Dec 2024003143140$70.12$3.01
Nov 2024004134130$69.95$2.12
Oct 2024001,1471,1470$71.99$2.20
Sep 2024006996990$70.24$2.28
Aug 2024008258250$76.68$1.99
Jul 2024008728720$81.80$2.07
Jun 2024001,1541,1540$79.77$2.54
May 2024002,0222,0220$80.02$2.12
Apr 2024002972970$85.35$1.60
Mar 2024335815810$81.28$1.49
Feb 2024006356350$77.25$1.72
Jan 2024006336330$74.15$3.18
Dec 2023555295290$71.90$2.52
Nov 2023224394390$77.69$2.71
Oct 2023334354350$85.64$2.98
Sep 2023006566560$89.43$2.64
Aug 2023003613610$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Magnolia Oil & Gas Operating LLC in Grimes County

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Giddings (Austin Chalk-3) field

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