Texas oil lease
ProducingKRISTIN
Kristin is an oil lease in Milam 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
- Milam County
- RRC lease
- 03-27699
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 15,800 mcf
- Oil in Jul 2026
- 781 bbl
Production by month
Oil output fell 29% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Jul 2024 the lease's gas goes to a transmission line instead of lease fuel
Flaring peaked at 93.0% of the gas in Aug 2023.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
83% · 13,133 mcf
Lease fuel (1)
16% · 2,465 mcf
Flared (4)
1.3% · 202 mcf
1.3% of the gas flared in the last 12 months. 8 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Dec 2023
- Magnolia Oil & Gas Operating LLC Dec 2023 to now
- LRR Pecos Valley, LLC Dec 2021 to Nov 2023
- Treadstone Energy Prtnr Op, LLC Jan 2020 to Nov 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-331-35074 | 1HA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 75 | Jul 1, 2021 | – |
| 4J Energy, LLC | Oil | Gathers | 25 | Jul 1, 2021 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Aug 22, 2019 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 22, 2019 | – |
| Buckhead Midstream, LLC | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Shell Trading (Us) Company | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Texican Crude&hydrocarbons, LLC | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Buckhead Midstream, LLC | Oil | Gathers | 20 | Jun 1, 2020 | Jul 1, 2020 |
| Shell Trading (Us) Company | Oil | Gathers | 70 | Jun 1, 2020 | Jul 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,300.78 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-331-35074 | 1HA | Apr 12, 2019 | Aug 22, 2019 | 1,300.78 |
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 2026Magnolia Oil | 781 | 723 | 1,371 | 1,110 | 13 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 699 | 891 | 1,256 | 1,017 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 766 | 723 | 1,290 | 1,023 | 19 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 751 | 722 | 1,265 | 1,026 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 719 | 726 | 826 | 596 | 1 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 683 | 885 | 681 | 464 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 230 | 0 | 284 | 204 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 76 | 178 | 169 | 157 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 1,156 | 1,064 | 2,323 | 2,088 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 902 | 883 | 1,985 | 1,733 | 22 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 972 | 891 | 2,152 | 1,811 | 101 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 935 | 1,235 | 2,198 | 1,904 | 46 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 1,083 | 899 | 2,292 | 2,044 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 929 | 874 | 1,952 | 1,713 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 432 | 350 | 745 | 614 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 1,147 | 1,235 | 1,887 | 1,648 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 1,217 | 1,254 | 1,962 | 1,714 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 1,127 | 1,063 | 1,851 | 1,633 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 1,201 | 1,409 | 1,823 | 1,579 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 1,208 | 1,085 | 1,774 | 1,498 | 40 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 1,117 | 1,064 | 1,410 | 1,140 | 31 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 1,070 | 1,042 | 1,132 | 936 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 495 | 532 | 494 | 371 | 17 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 1,162 | 1,253 | 1,244 | 998 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 594 | 522 | 534 | 370 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 53 | 0 | 164 | 65 | 10 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 181 | 167 | 605 | 338 | 48 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 118 | 163 | 374 | 226 | 3 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 83 | 2 | 543 | 271 | 71 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 154 | 165 | 312 | 151 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 75 | 0 | 183 | 12 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 786 | 875 | 1,742 | 1,627 | 19 | $71.90 | $2.52 |
| Nov 2023LRR Pecos | 1,903 | 2,009 | 3,867 | 3,831 | 36 | $77.69 | $2.71 |
| Oct 2023LRR Pecos | 1,988 | 1,986 | 3,775 | 3,446 | 329 | $85.64 | $2.98 |
| Sep 2023LRR Pecos | 2,016 | 2,139 | 3,674 | 1,582 | 2,092 | $89.43 | $2.64 |
| Aug 2023LRR Pecos | 1,430 | 1,249 | 2,293 | 161 | 2,132 | $81.39 | $2.58 |
Flared above 3%
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
Magnolia Oil & Gas Operating LLC in Milam County
- TYLER
9,264 bbl
- CANNON MICHAEL
10,500 bbl
- TREYLEY
8,728 bbl
- STEWART A
8,815 bbl
- MEGHAN
8,834 bbl
- TANNER
8,412 bbl
- PAXTON
8,567 bbl
- HALEY
8,060 bbl
- TATE
7,858 bbl
- JACKSON
7,564 bbl
Giddings (Austin Chalk-3) field
- HALEY
8,060 bbl
- A. BUSCHA OIL UNIT
8,623 bbl
- BREWER-BRIDGES UNIT
8,360 bbl
- STIFFLEMIRE OL UNIT
9,367 bbl
- BANFF
6,895 bbl
- JOANNA
8,726 bbl
- ONAH
8,918 bbl
- PONZIO 1-H UNIT
8,928 bbl
- ALLIANCE-REISTINO UNIT
9,060 bbl
- KOSSTOHRYZ UNIT
9,089 bbl
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