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Texas gas well

No report in 6+ months

LAST CHANCE

Last Chance is a gas well in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk, Gas) field.

1 well

3,009mcf gas, last 12 months−57% vs prior year
RRC lease
03-168633

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas in Jul 2025
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).

  • Wells

    The one well on this lease is marked plugged.

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 57% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 57% over the last 12 monthsMonthly gas production and oil for LAST CHANCE, Aug 2022 to Jul 2025. Gas output fell 57% over the last 12 months. 3,009 mcf in the 12 months through Jul 2025, against 6,989 mcf in the 12 months before.Last 12 months: 3,009 mcfmcf per monthbbl per month0050051,000101,500152,000202,50025Oct 22Jan 23AprJulOctJan 24AprJulOctJan 25AprJul
Gas output fell 57% over the last 12 monthsMonthly gas production and oil for LAST CHANCE, Aug 2022 to Jul 2025. Gas output fell 57% over the last 12 months. 3,009 mcf in the 12 months through Jul 2025, against 6,989 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050051,000101,500152,000202,50025Jan 23JulJan 24JulJan 25Jul

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 LAST CHANCE gas by disposition code each month, Aug 2022 to Jul 2025. 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 22Jan 23AprJulOctJan 24AprJulOctJan 25AprJul
All of the gas went to a transmission line in the last 12 monthsShare of LAST CHANCE gas by disposition code each month, Aug 2022 to Jul 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 23JulJan 24JulJan 25Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LAST CHANCE
API numberWell no.Status
42-051-335681Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers100Dec 1, 2022–
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018–
Energy Transfer CompanyGas-well gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2013Dec 1, 2022

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

409.70 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.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Last Chance
API numberWell no.Acreson the permit
42-051-335681409.70

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 LAST CHANCE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 20250125000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 20240095950$69.95$2.12
Oct 2024009079070$71.99$2.20
Sep 2024009259250$70.24$2.28
Aug 2024001,0821,0820$76.68$1.99
Jul 2024009949940$81.80$2.07
Jun 2024007277270$79.77$2.54
May 2024007337330$80.02$2.12
Apr 2024006126120$85.35$1.60
Mar 2024004054050$81.28$1.49
Feb 2024103153150$77.25$1.72
Jan 2024003413410$74.15$3.18
Dec 2023103573570$71.90$2.52
Nov 2023003313310$77.69$2.71
Oct 2023107517510$85.64$2.98
Sep 2023006856850$89.43$2.64
Aug 2023117387380$81.39$2.58
Jul 2023441,2721,2720$76.07$2.55
Jun 202325251,2831,2830$70.25$2.18
May 2023201,0901,0900$71.58$2.15
Apr 2023001,4231,4230$79.45$2.16
Mar 2023201,1591,1590$73.28$2.31
Feb 202325258088080$76.83$2.38
Jan 2023009149140$78.12$3.27
Dec 2022225095090$76.44$5.53
Nov 2022106936930$84.37$5.45
Oct 2022107297290$87.55$5.66
Sep 20221015150$84.26$7.88
Aug 20220013130$93.67$8.81

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Magnolia Oil & Gas Operating LLC in Burleson County

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Giddings (Austin Chalk, Gas) field

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