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Texas oil lease

Producing

JONES-MILLER UNIT

Jones-Miller Unit is an oil lease in Brazos County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Buda) field.

1 well

1,969bbl oil, last 12 months+2% vs prior year
RRC lease
03-24221

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Where it sits

This county

Brazos CountyBrazosWalkerFallsMadisonBurlesonLeeRobertsonGrimesMilamBrazos County
Brazos County
Gas, last 12 months
4,123 mcf
Oil in Jul 2026
163 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for JONES-MILLER UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 1,969 bbl in the 12 months through Jul 2026, against 1,928 bbl in the 12 months before.Last 12 months: 1,969 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for JONES-MILLER UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 1,969 bbl in the 12 months through Jul 2026, against 1,928 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 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 JONES-MILLER 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 JONES-MILLER 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.

1 well on this lease

Wells on JONES-MILLER UNIT
API numberWell no.Status
42-041-319251Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2007–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Dec 1, 2022

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

366.39 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Jones-Miller Unit
API numberWell no.Acreson the permit
42-041-319251366.39

SourceRailroad Commission drilling permits, Oct 3, 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 JONES-MILLER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261631914214210$80.46$2.89
Jun 20261401923303300$84.81$3.15
May 20261621862432430$102.13$2.94
Apr 20262561872912910$100.32$2.77
Mar 202625062620$91.38$3.04
Feb 20261531803093090$64.51$3.62
Jan 20261861873763760$60.04$7.72
Dec 20252181874724720$57.97$4.26
Nov 20251201852852850$60.06$3.79
Oct 20251721684364360$60.89$3.19
Sep 20251651904074070$63.96$2.97
Aug 20252091864914910$64.86$2.91
Jul 20251251773173170$68.39$3.20
Jun 20251641673453450$68.17$3.02
May 202513511591590$62.17$3.12
Apr 202516118568680$63.54$3.42
Mar 20251721922422420$68.24$4.12
Feb 20251591872972970$71.53$4.19
Jan 20251721693583580$75.74$4.13
Dec 20241721913703700$70.12$3.01
Nov 20241631783723720$69.95$2.12
Oct 20241681782652650$71.99$2.20
Sep 20241601924504500$70.24$2.28
Aug 20241771795155150$76.68$1.99
Jul 202413004854850$81.80$2.07
Jun 20241871822912910$79.77$2.54
May 20241763735205200$80.02$2.12
Apr 202419004924920$85.35$1.60
Mar 20241851854544540$81.28$1.49
Feb 20241771854154150$77.25$1.72
Jan 20241861964414410$74.15$3.18
Dec 20231881814644640$71.90$2.52
Nov 20231871814554550$77.69$2.71
Oct 20232063614974970$85.64$2.98
Sep 202317505005000$89.43$2.64
Aug 20232083645095090$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 Brazos County

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Giddings (Buda) field

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