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Texas oil lease

Producing

KATHLEEN

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

1 well

2,263bbl oil, last 12 months
Operator
Magnolia Oil & Gas Operating LLC
County
Milam County
Field
Giddings (Austin Chalk-3)
RRC lease
03-27538

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County
Gas, last 12 months
8,292 mcf
Oil in Jul 2026
201 bbl

Production by month

Oil output over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production and gas for KATHLEEN, Aug 2023 to Jul 2026. Oil output over the last 12 months. 2,263 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 2,263 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production and gas for KATHLEEN, Aug 2023 to Jul 2026. Oil output over the last 12 months. 2,263 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the 4 months reported

Flaring peaked at 4.5% of the gas in Jul 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the 4 months reportedShare of KATHLEEN gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the 4 months reported. Flaring peaked at 4.5% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the 4 months reportedShare of KATHLEEN gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the 4 months reported. Flaring peaked at 4.5% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 4.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 7,968 mcf

  • Lease fuel (1)

    2.4% · 196 mcf

  • Flared (4)

    1.5% · 128 mcf

1.5% of the gas flared in the 4 months reported. One month above 3%.

Who has run this lease

The operator changed 2 times, most recently in Dec 2023

Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, L…Jan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating…Dec 2023 to now
Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, LLCJan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KATHLEEN
API numberWell no.Status
42-331-350391HAShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers75Jul 1, 2021–
4J Energy, LLCOilGathers25Jul 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Nov 27, 2018–
Energy Transfer CompanyCasinghead gasGathers100Nov 27, 2018–
4J Energy, LLCOilGathers15Mar 1, 2021Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers70Mar 1, 2021Jul 1, 2021
Texican Crude&hydrocarbons, LLCOilGathers15Mar 1, 2021Jul 1, 2021
Buckhead Midstream, LLCOilGathers25Jul 1, 2020Mar 1, 2021
Shell Trading (Us) CompanyOilGathers25Jul 1, 2020Mar 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Jul 1, 2020Mar 1, 2021

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

Who buys my oilOil price check

1,345.30 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Kathleen
API numberWell no.Acreson the permit
42-331-350391HA1,345.30

SourceRailroad Commission drilling permits, Oct 3, 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 KATHLEEN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil2015091,8841,76384$80.46$2.89
Jun 2026Magnolia Oil5674732,2812,2177$84.81$3.15
May 2026Magnolia Oil6166231,8361,76028$102.13$2.94
Apr 2026Magnolia Oil8706562,2912,2289$100.32$2.77
Mar 2026Magnolia Oil90000$91.38$3.04
Feb 2026Magnolia Oil00000$64.51$3.62
Jan 2026Magnolia Oil00000$60.04$7.72
Dec 2025Magnolia Oil00000$57.97$4.26
Nov 2025Magnolia Oil00000$60.06$3.79
Oct 2025Magnolia Oil00000$60.89$3.19
Sep 2025Magnolia Oil00000$63.96$2.97
Aug 2025Magnolia Oil00000$64.86$2.91
Jul 2025Magnolia Oil00000$68.39$3.20
Jun 2025Magnolia Oil00000$68.17$3.02
May 2025Magnolia Oil00000$62.17$3.12
Apr 2025Magnolia Oil00000$63.54$3.42
Mar 2025Magnolia Oil00000$68.24$4.12
Feb 2025Magnolia Oil00000$71.53$4.19
Jan 2025Magnolia Oil00000$75.74$4.13
Dec 2024Magnolia Oil00000$70.12$3.01
Nov 2024Magnolia Oil00000$69.95$2.12
Oct 2024Magnolia Oil00000$71.99$2.20
Sep 2024Magnolia Oil00000$70.24$2.28
Aug 2024Magnolia Oil00000$76.68$1.99
Jul 2024Magnolia Oil00000$81.80$2.07
Jun 2024Magnolia Oil00000$79.77$2.54
May 2024Magnolia Oil00000$80.02$2.12
Apr 2024Magnolia Oil00000$85.35$1.60
Mar 2024Magnolia Oil00000$81.28$1.49
Feb 2024Magnolia Oil00000$77.25$1.72
Jan 2024Magnolia Oil00000$74.15$3.18
Dec 2023Magnolia Oil00000$71.90$2.52
Nov 2023LRR Pecos00000$77.69$2.71
Oct 2023LRR Pecos00000$85.64$2.98
Sep 2023LRR Pecos00000$89.43$2.64
Aug 2023LRR Pecos00000$81.39$2.58

Flared above 3%

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

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

Magnolia Oil & Gas Operating LLC in Milam County

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Giddings (Austin Chalk-3) field

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