Texas oil lease · RRC district 03 · Lease 21638
ProducingKESSLER UNIT
Kessler Unit is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 36 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-21638
Own a share of this lease?
Is your check right?
Upload a check stub or a phone photo. We compare every month with the state numbers on this page.
Free. No account needed. Two to four pages.
Where it sits
This county
- Gas, last 12 months
- 346 mcf
- Oil in Jul 2026
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
Production
Month by month, from the state record
Oil output fell 93% over the last 12 months
36 bbl in the 12 months through Jul 2026, against 480 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 21638, district 03. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
All of the gas went to a transmission line in the last 12 months
Each bar is one month. Colors are the disposition codes the operator reported.
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 21638, district 03. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
The operator changed 2 times, most recently in Aug 2025
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Magnolia Oil & Gas Operating LLC Aug 2025 to now
- Dallas Petroleum Group, LLC Aug 2022 to Jul 2025
- Chesapeake Operating, L.L.C. Jan 2020 to Jul 2022
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-149-32603 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 03, lease 21638.
Who buys and gathers
Who moves and buys this lease's production
Oil
Energy Transfer Marketing & Term gathers it.
100% of it, on the list since Dec 1, 2022
Gas from oil wells
Energy Transfer Company buys and gathers it.
Energy Transfer Company buys it: 100% of it, on the list since May 1, 2005 · Energy Transfer Company gathers it: 100% of it, on the list since May 1, 2005
Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022); Chesapeake Energy Mktg, L.l.c. (gathers it, until Aug 1, 2022); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Aug 1, 2022); Gulfmark Energy, Inc. (gathers it, until Jan 14, 2021); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jan 14, 2021); Trimac Transportation Inc. (gathers it, until Jan 14, 2021).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
320 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- Jun 5, 1992
- Latest permit
- Mar 19, 1992
A pooling certificate was filed
Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-32603 | 1 | Mar 19, 1992 | Jun 5, 1992 | 320 |
What the operator reported
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says KESSLER UNIT sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 0 | 0 | 72 | 72 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 36 | 0 | 40 | 40 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 55 | 55 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | 5 | 5 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | 5 | 5 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 1 | 1 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | 53 | 53 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | 16 | 16 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 0 | 0 | 6 | 6 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | 53 | 53 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 0 | 298 | 40 | 40 | 0 | $64.86 | $2.91 |
| Jul 2025Dallas Petroleum | 2 | 0 | 45 | 45 | 0 | $68.39 | $3.20 |
| Jun 2025Dallas Petroleum | 2 | 0 | 14 | 14 | 0 | $68.17 | $3.02 |
| May 2025Dallas Petroleum | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Dallas Petroleum | 48 | 0 | 84 | 84 | 0 | $63.54 | $3.42 |
| Mar 2025Dallas Petroleum | 95 | 184 | 188 | 188 | 0 | $68.24 | $4.12 |
| Feb 2025Dallas Petroleum | 134 | 0 | 629 | 629 | 0 | $71.53 | $4.19 |
| Jan 2025Dallas Petroleum | 2 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Dallas Petroleum | 29 | 190 | 99 | 99 | 0 | $70.12 | $3.01 |
| Nov 2024Dallas Petroleum | 70 | 0 | 39 | 39 | 0 | $69.95 | $2.12 |
| Oct 2024Dallas Petroleum | 5 | 0 | 2 | 2 | 0 | $71.99 | $2.20 |
| Sep 2024Dallas Petroleum | 36 | 0 | 203 | 203 | 0 | $70.24 | $2.28 |
| Aug 2024Dallas Petroleum | 57 | 187 | 279 | 279 | 0 | $76.68 | $1.99 |
| Jul 2024Dallas Petroleum | 45 | 0 | 245 | 245 | 0 | $81.80 | $2.07 |
| Jun 2024Dallas Petroleum | 70 | 0 | 34 | 34 | 0 | $79.77 | $2.54 |
| May 2024Dallas Petroleum | 14 | 0 | 4 | 4 | 0 | $80.02 | $2.12 |
| Apr 2024Dallas Petroleum | 78 | 201 | 510 | 510 | 0 | $85.35 | $1.60 |
| Mar 2024Dallas Petroleum | 25 | 0 | 79 | 79 | 0 | $81.28 | $1.49 |
| Feb 2024Dallas Petroleum | 43 | 0 | 269 | 269 | 0 | $77.25 | $1.72 |
| Jan 2024Dallas Petroleum | 27 | 0 | 27 | 27 | 0 | $74.15 | $3.18 |
| Dec 2023Dallas Petroleum | 36 | 0 | 90 | 90 | 0 | $71.90 | $2.52 |
| Nov 2023Dallas Petroleum | 35 | 0 | 154 | 154 | 0 | $77.69 | $2.71 |
| Oct 2023Dallas Petroleum | 23 | 182 | 141 | 141 | 0 | $85.64 | $2.98 |
| Sep 2023Dallas Petroleum | 39 | 0 | 178 | 178 | 0 | $89.43 | $2.64 |
| Aug 2023Dallas Petroleum | 51 | 179 | 252 | 252 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for KESSLER UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- ENVY SIX
194,757 bbl last 12 months
- ENVY FOUR
186,116 bbl last 12 months
- CY ONE
461,138 mcf last 12 months
- MARCUS THREE
2,093,008 mcf last 12 months
- DUBS HUSKY FOUR
1,323,328 mcf last 12 months
Giddings (Austin Chalk-3) field
- WILD BAND
1,418,825 mcf last 12 months
- SMOKEY SEVEN
1,238,821 mcf last 12 months
- TUSK SEVEN
2,088,312 mcf last 12 months
- TUSK THREE
1,776,461 mcf last 12 months
- TUSK FIVE
2,034,536 mcf last 12 months
Leases within 10 km
Found by the location of their wells.
- PHILLIPS-RAUCH UNIT
0 mcf last 12 months · 0.6 km away
- MISS KATIE
0 mcf last 12 months · 0.8 km away
- PHILLIPS-APPELT UNIT
862 bbl last 12 months · 1.1 km away
- MARIE
0 bbl last 12 months · 1.2 km away
- HACKEBEIL-CLEAR LAKE PINES UNIT
2 bbl last 12 months · 1.3 km away
Drilling permits within 10 km
TOOTH FOUR #H 04ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0907587 · Apr 30, 2025
TOOTH SIX #H 06ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0907588 · Apr 29, 2025
TOOTH TWO #H 02ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7.6 km away
Permit 0907586 · Apr 25, 2025
PIETSCH-TAYLOR UNIT #1H
new drill · horizontal · Dominance Energy, LLC · Fayette County · 4.7 km away
Permit 0900044 · May 31, 2024
PORTER MURPHY #1H
new drill · horizontal · Leexus Oil LLC · Fayette County · 7.4 km away
Permit 0880720 · Jun 7, 2022
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 21638, district 03, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.