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Texas oil lease

Producing

KRAATZ-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

1,072mcf gas, last 12 months−56% vs prior year
RRC lease
03-21096

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette 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 lease

Production by month

Gas output fell 56% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 56% over the last 12 monthsMonthly gas production and oil for KRAATZ-SORRELLS UNIT, Aug 2023 to Jul 2026. Gas output fell 56% over the last 12 months. 1,072 mcf in the 12 months through Jul 2026, against 2,414 mcf in the 12 months before.Last 12 months: 1,072 mcfmcf per monthbbl per month0020050400100600150800200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 56% over the last 12 monthsMonthly gas production and oil for KRAATZ-SORRELLS UNIT, Aug 2023 to Jul 2026. Gas output fell 56% over the last 12 months. 1,072 mcf in the 12 months through Jul 2026, against 2,414 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020050400100600150800200Jan 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 KRAATZ-SORRELLS 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 KRAATZ-SORRELLS 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 KRAATZ-SORRELLS UNIT
API numberWell no.Status
42-149-324511Shut-in

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).

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.

Check your decimal on this lease
Permits for Kraatz-Sorrells Unit
API numberWell no.Acreson the permit
42-149-324511220

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 KRAATZ-SORRELLS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 2026002542540$84.81$3.15
May 20260062620$102.13$2.94
Apr 20260090900$100.32$2.77
Mar 2026001121120$91.38$3.04
Feb 2026001331330$64.51$3.62
Jan 20260099990$60.04$7.72
Dec 20250066660$57.97$4.26
Nov 20250076760$60.06$3.79
Oct 20250079790$60.89$3.19
Sep 20250074740$63.96$2.97
Aug 20250027270$64.86$2.91
Jul 20250043430$68.39$3.20
Jun 20250062620$68.17$3.02
May 2025251852082080$62.17$3.12
Apr 202511902782780$63.54$3.42
Mar 20251511793073070$68.24$4.12
Feb 20254905225220$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202410061610$70.12$3.01
Nov 2024191811711710$69.95$2.12
Oct 20245202582580$71.99$2.20
Sep 20243301951950$70.24$2.28
Aug 20243603093090$76.68$1.99
Jul 202411098980$81.80$2.07
Jun 20241801881880$79.77$2.54
May 20242604204200$80.02$2.12
Apr 2024118472720$85.35$1.60
Mar 20246402972970$81.28$1.49
Feb 20247002772770$77.25$1.72
Jan 2024211452712710$74.15$3.18
Dec 20235612962960$71.90$2.52
Nov 20235102892890$77.69$2.71
Oct 20235813023020$85.64$2.98
Sep 2023641883033030$89.43$2.64
Aug 20235602742740$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

Giddings (Austin Chalk-3) field

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