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JOHNSTON UNIT

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

Oil lease dossier

2bbl oil, last 12 months−100% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-25583

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
37 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 100% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for JOHNSTON UNIT, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 2 bbl in the 12 months through Jul 2026, against 772 bbl in the 12 months before.Last 12 months: 2 bblbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for JOHNSTON UNIT, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 2 bbl in the 12 months through Jul 2026, against 772 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Jan 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 JOHNSTON UNIT 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 JOHNSTON UNIT 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers25Dec 1, 2022–
Enterprise Crude Oil LLCOilGathers25May 11, 2018–
Flint Hills Resources, LPOilGathers25May 11, 2018–
Shell Trading (Us) CompanyOilGathers25May 11, 2018–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Energy Transfer CompanyCasinghead gasGathers100Jun 20, 2010–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Dec 1, 2022

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

Who buys my oilOil price check

1,218.64 acres on the newest permit

Permits for Johnston Unit
API numberWell no.Acreson the permit
42-477-3097921,218.64

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 JOHNSTON UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 20260037370$91.38$3.04
Feb 202610000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 2025092000$63.96$2.97
Aug 202510000$64.86$2.91
Jul 202550770$68.39$3.20
Jun 20253403733730$68.17$3.02
May 202500000$62.17$3.12
Apr 20250019190$63.54$3.42
Mar 20251351791,6541,6540$68.24$4.12
Feb 202511501,7051,7050$71.53$4.19
Jan 202500000$75.74$4.13
Dec 2024781595925920$70.12$3.01
Nov 2024971791,7011,7010$69.95$2.12
Oct 20249701,6581,6580$71.99$2.20
Sep 20241291741,5371,5370$70.24$2.28
Aug 2024821831,5281,5280$76.68$1.99
Jul 202411101,3281,3280$81.80$2.07
Jun 2024961831,5921,5920$79.77$2.54
May 202414602,1002,1000$80.02$2.12
Apr 20244003743740$85.35$1.60
Mar 20241461851,7611,7610$81.28$1.49
Feb 20241311881,9131,9130$77.25$1.72
Jan 20241621822,0862,0860$74.15$3.18
Dec 20231731772,1662,1660$71.90$2.52
Nov 20231811822,1482,1480$77.69$2.71
Oct 20232071842,2632,2630$85.64$2.98
Sep 20232501782,9432,9430$89.43$2.64
Aug 20232103742,7092,7090$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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This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyWashington County

Magnolia Oil & Gas Operating LLC in Washington County

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Giddings (Austin Chalk-3) field

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