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Texas oil lease

Producing

JOE KIDD

Joe Kidd is an oil lease in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

6,447bbl oil, last 12 months−48% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-28078

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
12,309 mcf
Oil in Jul 2026
532 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for JOE KIDD, Jan 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 6,447 bbl in the 12 months through Jul 2026, against 12,335 bbl in the 12 months before.Last 12 months: 6,447 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for JOE KIDD, Jan 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 6,447 bbl in the 12 months through Jul 2026, against 12,335 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 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

Flaring peaked at 29.8% of the gas in Mar 2025.

  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of JOE KIDD gas by disposition code each month, Jan 2024 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 29.8% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 29.8%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of JOE KIDD gas by disposition code each month, Jan 2024 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 29.8% of the gas in Mar 2025.Share of gas by disposition code0%50%100%Flared 29.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 12,304 mcf

  • Flared (4)

    0.0% · 5 mcf

1 well on this lease

Wells on JOE KIDD
API numberWell no.Status
42-051-343801HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Trans Crude Marketing LLCOilGathers34Mar 12, 2024
Enterprise Crude Oil LLCOilGathers33Mar 12, 2024
Shell Trading (Us) CompanyOilGathers33Mar 12, 2024
Et Gathering & Processing LLCCasinghead gasBuys100Mar 12, 2024
Energy Transfer CompanyCasinghead gasGathers100Mar 12, 2024

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

Who buys my oilOil price check

1,389.48 acres on the newest permit

An allocation well is on this lease

Permits for Joe Kidd
API numberWell no.Acreson the permit
42-051-343801HA1,389.48

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

31 months, newest first

Ledger for JOE KIDD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265323541,1781,1780$80.46$2.89
Jun 20261151652172143$84.81$3.15
May 20265315339999990$102.13$2.94
Apr 20264865389519510$100.32$2.77
Mar 20265835331,2551,2550$91.38$3.04
Feb 20265655241,2281,2280$64.51$3.62
Jan 20265786841,0821,0820$60.04$7.72
Dec 20255995341,1051,1050$57.97$4.26
Nov 20255495249819792$60.06$3.79
Oct 20256027101,0371,0370$60.89$3.19
Sep 20256215361,0631,0630$63.96$2.97
Aug 20256866891,2131,2130$64.86$2.91
Jul 20257027071,1131,06449$68.39$3.20
Jun 20257857001,3051,3050$68.17$3.02
May 20258288721,3531,3530$62.17$3.12
Apr 20259091,0741,3611,048313$63.54$3.42
Mar 20251,0831,0661,5321,076456$68.24$4.12
Feb 202566654087986811$71.53$4.19
Jan 20258649101,4071,076331$75.74$4.13
Dec 20248668881,3471,3470$70.12$3.01
Nov 20241,2861,2282,1712,1710$69.95$2.12
Oct 20241,1951,2201,7441,7440$71.99$2.20
Sep 20241,3551,3991,7291,7290$70.24$2.28
Aug 20241,7961,9212,6612,232429$76.68$1.99
Jul 20242,2932,0812,3432,194149$81.80$2.07
Jun 20242,6872,7901,7861,69096$79.77$2.54
May 20242,0111,7715835830$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18

Flared above 3%

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 (Austin Chalk-3)CountyBurleson County

Magnolia Oil & Gas Operating LLC in Burleson County

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