Texas oil lease
Shut inJOAN
Joan is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
2 wells
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-12589
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Operator
Operator changed: Magnolia Oil & Gas Operating LLC took over from U. S. Operating, Inc. in Aug 2025.
- P-5
The previous operator's P-5 registration is listed as inactive since Nov 26, 2025 (last P-5 filed Nov 18, 2024).
- Sales
No sales reported for the last 12 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
No production to chart
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed once, most recently in Aug 2025
- Magnolia Oil & Gas Operating LLC Aug 2025 to now
- U. S. Operating, Inc. Jan 2020 to Jul 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-30522 | 1 | Active |
| 42-287-31778 | 3 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Shell Trading (Us) Company | Oil | Gathers | 100 | Jan 1, 2019 | – |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Jan 1, 2016 | Jan 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Magnolia Oil | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 0 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 0 | 0 | $64.86 | $2.91 |
| Jul 2025U. S. | 0 | 0 | $68.39 | $3.20 |
| Jun 2025U. S. | 0 | 0 | $68.17 | $3.02 |
| May 2025U. S. | 0 | 0 | $62.17 | $3.12 |
| Apr 2025U. S. | 0 | 0 | $63.54 | $3.42 |
| Mar 2025U. S. | 0 | 0 | $68.24 | $4.12 |
| Feb 2025U. S. | 0 | 0 | $71.53 | $4.19 |
| Jan 2025U. S. | 0 | 0 | $75.74 | $4.13 |
| Dec 2024U. S. | 0 | 0 | $70.12 | $3.01 |
| Nov 2024U. S. | 0 | 0 | $69.95 | $2.12 |
| Oct 2024U. S. | 0 | 0 | $71.99 | $2.20 |
| Sep 2024U. S. | 0 | 0 | $70.24 | $2.28 |
| Aug 2024U. S. | 0 | 0 | $76.68 | $1.99 |
| Jul 2024U. S. | 0 | 0 | $81.80 | $2.07 |
| Jun 2024U. S. | 0 | 0 | $79.77 | $2.54 |
| May 2024U. S. | 0 | 0 | $80.02 | $2.12 |
| Apr 2024U. S. | 0 | 0 | $85.35 | $1.60 |
| Mar 2024U. S. | 0 | 0 | $81.28 | $1.49 |
| Feb 2024U. S. | 0 | 0 | $77.25 | $1.72 |
| Jan 2024U. S. | 0 | 0 | $74.15 | $3.18 |
| Dec 2023U. S. | 0 | 0 | $71.90 | $2.52 |
| Nov 2023U. S. | 0 | 0 | $77.69 | $2.71 |
| Oct 2023U. S. | 0 | 0 | $85.64 | $2.98 |
| Sep 2023U. S. | 0 | 0 | $89.43 | $2.64 |
| Aug 2023U. S. | 0 | 0 | $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
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- GERDES "B"
287 mcf
- LASHARON
279 mcf
- DEBBIE
272 mcf
- LENOISE UNIT
252 mcf
- PARRISH, E.J.
191 mcf
- GERDES, GARWOOD
3 mcf
- TRUITT, GEORGE
72 mcf
- SCHULTZ, IRMA ET AL
67 mcf
- MARVIN UNIT
2 bbl
Giddings (Austin Chalk-3) field
- GIANT UNIT
15 mcf
- WUNDERLICH UNIT
38 mcf
- LOIS
1 bbl
- ROMMEL UNIT
29 mcf
- TIETJEN-TIETJEN UNIT
1 bbl
- WILKENING
1 bbl
- DANIELLE
1 bbl
- SCARMARDO, SANDYR
1 bbl
- NIX UNIT
4 mcf
Leases within 10 km
- YEGUA CREEK RANCH
5,279 bbl · 0.2 km
- JOAN
210 bbl · 0.3 km
- WOLZ
2,355 bbl · 0.4 km
- IRENE
419 bbl · 0.6 km
- KERRY
840 bbl · 0.8 km
- JANE
597 bbl · 0.8 km
- HILLIARD UNIT
70 bbl · 0.9 km
- LASHARON
279 mcf · 1 km
- HARRIET (NAVARRO)
390 bbl · 1 km
- HARRIET
138 bbl · 1 km
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