Texas oil lease
ProducingLAPIS UNIT
Lapis 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
- 03-23987
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 181 mcf
- Oil in Jul 2026
- 0 bbl
Production by month
Oil output fell 34% 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
All of the gas went to a transmission line in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in May 2024
- Magnolia Oil & Gas Operating LLC May 2024 to now
- Geosouthern Energy Corporation Jan 2020 to Apr 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-149-32899 | 1 H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Gulfmark Energy, Inc. | Oil | Gathers | 100 | Jan 1, 2017 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Apr 1, 2017 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | 0 | 0 | 87 | 87 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 10 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 17 | 1 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 10 | 0 | 10 | 10 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 6 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 13 | 1 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 7 | 0 | 54 | 54 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 16 | 0 | 30 | 30 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 1 | 0 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 115 | 35 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 1 | 0 | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 2 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 1 | 0 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 0 | 117 | 4 | 4 | 0 | $80.02 | $2.12 |
| Apr 2024Geosouthern Energy | 0 | 0 | 3 | 3 | 0 | $85.35 | $1.60 |
| Mar 2024Geosouthern Energy | 2 | 1 | 28 | 28 | 0 | $81.28 | $1.49 |
| Feb 2024Geosouthern Energy | 3 | 1 | 7 | 7 | 0 | $77.25 | $1.72 |
| Jan 2024Geosouthern Energy | 2 | 2 | 4 | 4 | 0 | $74.15 | $3.18 |
| Dec 2023Geosouthern Energy | 1 | 1 | 9 | 9 | 0 | $71.90 | $2.52 |
| Nov 2023Geosouthern Energy | 1 | 1 | 19 | 19 | 0 | $77.69 | $2.71 |
| Oct 2023Geosouthern Energy | 2 | 2 | 69 | 69 | 0 | $85.64 | $2.98 |
| Sep 2023Geosouthern Energy | 0 | 0 | 52 | 52 | 0 | $89.43 | $2.64 |
| Aug 2023Geosouthern Energy | 0 | 0 | 9 | 9 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
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