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Texas oil lease

Producing

KNIGHT-SCHUMAKER UNIT

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

1 well

833bbl oil, last 12 months+18% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-21615

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas, last 12 months
1,840 mcf
Oil in Jul 2026
52 bbl

Production by month

Oil output rose 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 18% over the last 12 monthsMonthly oil production and gas for KNIGHT-SCHUMAKER UNIT, Aug 2023 to Jul 2026. Oil output rose 18% over the last 12 months. 833 bbl in the 12 months through Jul 2026, against 708 bbl in the 12 months before.Last 12 months: 833 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 18% over the last 12 monthsMonthly oil production and gas for KNIGHT-SCHUMAKER UNIT, Aug 2023 to Jul 2026. Oil output rose 18% over the last 12 months. 833 bbl in the 12 months through Jul 2026, against 708 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 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 KNIGHT-SCHUMAKER 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 KNIGHT-SCHUMAKER 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 KNIGHT-SCHUMAKER UNIT
API numberWell no.Status
42-149-325611Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Oct 1, 2015
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

348.81 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.

Check your decimal on this lease
Permits for Knight-Schumaker Unit
API numberWell no.Acreson the permit
42-149-325611348.81

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 KNIGHT-SCHUMAKER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265201521520$80.46$2.89
Jun 2026641871631630$84.81$3.15
May 20263501601600$102.13$2.94
Apr 202651097970$100.32$2.77
Mar 20267501291290$91.38$3.04
Feb 2026651841221220$64.51$3.62
Jan 20266301241240$60.04$7.72
Dec 2025851871771770$57.97$4.26
Nov 20259301191190$60.06$3.79
Oct 2025741771801800$60.89$3.19
Sep 20259812382380$63.96$2.97
Aug 20257801791790$64.86$2.91
Jul 2025641861611610$68.39$3.20
Jun 20257401861860$68.17$3.02
May 2025681951531530$62.17$3.12
Apr 20256801301300$63.54$3.42
Mar 20256701161160$68.24$4.12
Feb 20251331861881880$71.53$4.19
Jan 202500000$75.74$4.13
Dec 2024170660$70.12$3.01
Nov 202440082820$69.95$2.12
Oct 2024881641601600$71.99$2.20
Sep 202439079790$70.24$2.28
Aug 202450027270$76.68$1.99
Jul 20243518815150$81.80$2.07
Jun 202447116160$79.77$2.54
May 202453174740$80.02$2.12
Apr 20248019190$85.35$1.60
Mar 20244018299990$81.28$1.49
Feb 20243201111110$77.25$1.72
Jan 20244901161160$74.15$3.18
Dec 20235401231230$71.90$2.52
Nov 20234901271270$77.69$2.71
Oct 20235001521520$85.64$2.98
Sep 2023441811621620$89.43$2.64
Aug 20233911961960$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

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Fayette County

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