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Texas oil lease

Producing

K-BOB #1

K-Bob #1 is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

3,616bbl oil, last 12 months−30% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-16966

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
6,889 mcf
Oil in Jul 2026
268 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for K-BOB #1, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 3,616 bbl in the 12 months through Jul 2026, against 5,141 bbl in the 12 months before.Last 12 months: 3,616 bblbbl per monthmcf per month002505005001,0007501,5001,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for K-BOB #1, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 3,616 bbl in the 12 months through Jul 2026, against 5,141 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,000Jan 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 K-BOB #1 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 K-BOB #1 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 K-BOB #1
API numberWell no.Status
42-287-314461Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

281.62 acres on the newest permit

Check your decimal on this lease
Permits for K-Bob #1
API numberWell no.Acreson the permit
42-287-314461281.62

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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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 K-BOB #1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262681725885880$80.46$2.89
Jun 20262943747047040$84.81$3.15
May 20262801795635630$102.13$2.94
Apr 20262763584704700$100.32$2.77
Mar 20263111864824820$91.38$3.04
Feb 20263183715615610$64.51$3.62
Jan 20263343616306300$60.04$7.72
Dec 20252831813453450$57.97$4.26
Nov 20253143576096090$60.06$3.79
Oct 20253083645995990$60.89$3.19
Sep 20253013566326320$63.96$2.97
Aug 20253293667067060$64.86$2.91
Jul 20253513557297290$68.39$3.20
Jun 20253641677017010$68.17$3.02
May 20253395524784780$62.17$3.12
Apr 20253291795965960$63.54$3.42
Mar 20253533487267260$68.24$4.12
Feb 20253653658018010$71.53$4.19
Jan 20253433546526520$75.74$4.13
Dec 20244725376296290$70.12$3.01
Nov 20243613535535530$69.95$2.12
Oct 20245005316956950$71.99$2.20
Sep 20245305489779770$70.24$2.28
Aug 20248347091,9331,9330$76.68$1.99
Jul 20247969101,5991,5990$81.80$2.07
Jun 20249541,0578288280$79.77$2.54
May 20242361802232230$80.02$2.12
Apr 20246816975075070$85.35$1.60
Mar 20246385344294290$81.28$1.49
Feb 20246001791790$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300110$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 20231501784124120$89.43$2.64
Aug 20232361836256250$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Lee County

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