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Texas gas well

Producing

KEYS UNIT

Keys Unit is a gas well in Karnes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Sugarkane (Austin Chalk) field.

1 well

267,987mcf gas, last 12 months−24% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Karnes County
Field
Sugarkane (Austin Chalk)
RRC lease
02-294807

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
28,151 bbl
Gas in Jul 2026
20,303 mcf

Production by month

Gas output fell 24% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 24% over the last 12 monthsMonthly gas production and oil for KEYS UNIT, Aug 2023 to Jul 2026. Gas output fell 24% over the last 12 months. 267,987 mcf in the 12 months through Jul 2026, against 354,590 mcf in the 12 months before.Last 12 months: 267,987 mcfmcf per monthbbl per month0010k1,00020k2,00030k3,00040k4,00050k5,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 24% over the last 12 monthsMonthly gas production and oil for KEYS UNIT, Aug 2023 to Jul 2026. Gas output fell 24% over the last 12 months. 267,987 mcf in the 12 months through Jul 2026, against 354,590 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k1,00020k2,00030k3,00040k4,00050k5,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of KEYS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 91% 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
91% of the gas went to a transmission line in the last 12 monthsShare of KEYS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 91% 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.

  • Transmission line (2)

    91% · 244,059 mcf

  • Lease fuel (1)

    8.9% · 23,823 mcf

  • Flared (4)

    0.0% · 105 mcf

1 well on this lease

Wells on KEYS UNIT
API numberWell no.Status
42-255-36688108HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers40Jan 7, 2025–
Flint Hills Resources, LPCondensateGathers30Jan 7, 2025–
Phillips 66 CompanyCondensateGathers30Jan 7, 2025–
Energy Transfer CompanyGas-well gasBuys100May 8, 2022–
Energy Transfer CompanyGas-well gasGathers100May 8, 2022–
Ironwood Midst Energy Ptnrs LLCCondensateGathers50May 8, 2022Jan 7, 2025
Phillips 66 CompanyCondensateGathers50May 8, 2022Jan 7, 2025

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

Who buys my oilOil price check

418.43 acres on the newest permit

Check your decimal on this lease
Permits for Keys Unit
API numberWell no.Acreson the permit
42-255-36688108H418.43

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 KEYS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,1742,18120,30317,5834$80.46$2.89
Jun 20262,2002,19720,64617,8975$84.81$3.15
May 20262,3052,28320,51918,0016$102.13$2.94
Apr 20262,2982,29719,15617,2960$100.32$2.77
Mar 20262,4142,42920,46118,6055$91.38$3.04
Feb 20262,2272,20120,69318,8318$64.51$3.62
Jan 20262,4392,43124,34022,23628$60.04$7.72
Dec 20252,4982,52122,88720,90711$57.97$4.26
Nov 20252,4832,47123,20921,2394$60.06$3.79
Oct 20252,4742,46924,40422,30026$60.89$3.19
Sep 20252,2192,23123,07221,9986$63.96$2.97
Aug 20252,4202,40728,29727,1662$64.86$2.91
Jul 20252,4202,43527,88326,7239$68.39$3.20
Jun 20252,6272,60427,38626,2741$68.17$3.02
May 20252,7702,73827,39826,2704$62.17$3.12
Apr 20252,7342,76825,89424,6564$63.54$3.42
Mar 20252,3212,33126,43625,1054$68.24$4.12
Feb 20251,6491,63530,27629,0430$71.53$4.19
Jan 20252,0432,03633,13731,7710$75.74$4.13
Dec 20241,6031,61029,50228,2810$70.12$3.01
Nov 20241,6561,64825,71424,7140$69.95$2.12
Oct 20241,5291,54739,05037,5810$71.99$2.20
Sep 20241,8671,87731,52230,2760$70.24$2.28
Aug 20242,3782,37930,39229,0721$76.68$1.99
Jul 20242,6182,61527,76426,6180$81.80$2.07
Jun 20242,4592,45230,63429,3670$79.77$2.54
May 20242,7552,75040,99339,2960$80.02$2.12
Apr 20242,5012,51734,33232,9570$85.35$1.60
Mar 20242,7062,71036,90735,39320$81.28$1.49
Feb 20243,0453,03433,41132,0081$77.25$1.72
Jan 20243,2843,29733,45932,0527$74.15$3.18
Dec 20233,7563,76939,91238,3470$71.90$2.52
Nov 20233,6173,58928,54827,3990$77.69$2.71
Oct 20233,6473,63526,95025,6931$85.64$2.98
Sep 20233,9944,05727,53426,1834$89.43$2.64
Aug 20234,1354,10741,31539,42011$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 LLCFieldSugarkane (Austin Chalk)CountyKarnes County

Magnolia Oil & Gas Operating LLC in Karnes County

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