Texas oil lease
ProducingKRAATZ-SORRELLS UNIT
Kraatz-Sorrells 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
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-21096
Is your check right?
Where it sits
This county
- Gas in Jul 2026
- 0 mcf
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Sales
No sales reported for the last 12 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Gas output fell 56% over the last 12 months
- Gas (bars)
- Oil (line)
- Last 12 months
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-149-32451 | 1 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Shell Trading (Us) Company | Oil | Gathers | 100 | Oct 1, 2015 |
| Magnolia Oil & Gas Operating LLC | Casinghead gas | Buys | 100 | Sep 1, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
220 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-32451 | 1 | Apr 18, 1991 | Jun 6, 1991 | 220 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026 | 0 | 0 | 254 | 254 | 0 | $84.81 | $3.15 |
| May 2026 | 0 | 0 | 62 | 62 | 0 | $102.13 | $2.94 |
| Apr 2026 | 0 | 0 | 90 | 90 | 0 | $100.32 | $2.77 |
| Mar 2026 | 0 | 0 | 112 | 112 | 0 | $91.38 | $3.04 |
| Feb 2026 | 0 | 0 | 133 | 133 | 0 | $64.51 | $3.62 |
| Jan 2026 | 0 | 0 | 99 | 99 | 0 | $60.04 | $7.72 |
| Dec 2025 | 0 | 0 | 66 | 66 | 0 | $57.97 | $4.26 |
| Nov 2025 | 0 | 0 | 76 | 76 | 0 | $60.06 | $3.79 |
| Oct 2025 | 0 | 0 | 79 | 79 | 0 | $60.89 | $3.19 |
| Sep 2025 | 0 | 0 | 74 | 74 | 0 | $63.96 | $2.97 |
| Aug 2025 | 0 | 0 | 27 | 27 | 0 | $64.86 | $2.91 |
| Jul 2025 | 0 | 0 | 43 | 43 | 0 | $68.39 | $3.20 |
| Jun 2025 | 0 | 0 | 62 | 62 | 0 | $68.17 | $3.02 |
| May 2025 | 25 | 185 | 208 | 208 | 0 | $62.17 | $3.12 |
| Apr 2025 | 119 | 0 | 278 | 278 | 0 | $63.54 | $3.42 |
| Mar 2025 | 151 | 179 | 307 | 307 | 0 | $68.24 | $4.12 |
| Feb 2025 | 49 | 0 | 522 | 522 | 0 | $71.53 | $4.19 |
| Jan 2025 | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024 | 10 | 0 | 61 | 61 | 0 | $70.12 | $3.01 |
| Nov 2024 | 19 | 181 | 171 | 171 | 0 | $69.95 | $2.12 |
| Oct 2024 | 52 | 0 | 258 | 258 | 0 | $71.99 | $2.20 |
| Sep 2024 | 33 | 0 | 195 | 195 | 0 | $70.24 | $2.28 |
| Aug 2024 | 36 | 0 | 309 | 309 | 0 | $76.68 | $1.99 |
| Jul 2024 | 11 | 0 | 98 | 98 | 0 | $81.80 | $2.07 |
| Jun 2024 | 18 | 0 | 188 | 188 | 0 | $79.77 | $2.54 |
| May 2024 | 26 | 0 | 420 | 420 | 0 | $80.02 | $2.12 |
| Apr 2024 | 1 | 184 | 72 | 72 | 0 | $85.35 | $1.60 |
| Mar 2024 | 64 | 0 | 297 | 297 | 0 | $81.28 | $1.49 |
| Feb 2024 | 70 | 0 | 277 | 277 | 0 | $77.25 | $1.72 |
| Jan 2024 | 21 | 145 | 271 | 271 | 0 | $74.15 | $3.18 |
| Dec 2023 | 56 | 1 | 296 | 296 | 0 | $71.90 | $2.52 |
| Nov 2023 | 51 | 0 | 289 | 289 | 0 | $77.69 | $2.71 |
| Oct 2023 | 58 | 1 | 302 | 302 | 0 | $85.64 | $2.98 |
| Sep 2023 | 64 | 188 | 303 | 303 | 0 | $89.43 | $2.64 |
| Aug 2023 | 56 | 0 | 274 | 274 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- MUNSON-OEDING UNIT
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Giddings (Austin Chalk-3) field
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Leases within 10 km
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New drilling permits in Fayette County
Newest in the county: this lease has no coordinates.
PASSCHENDAELE #3H
new drill · horizontal · Verdun Oil & Gas LLC · Fayette County
Permit 0918823 · Sep 24, 2026
CANTIGNY #3H
new drill · horizontal · Verdun Oil & Gas LLC · Fayette County
Permit 0918820 · Sep 24, 2026
TEX ONE #H 01TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918724 · Sep 21, 2026
KYLE TWO #H 02TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918725 · Sep 21, 2026
KYLE FOUR #H 04TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918726 · Sep 21, 2026