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Producing

LEHMANN HEIRS OL UNIT

Lehmann Heirs Ol Unit is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

2 wells

30,632bbl oil, last 12 months−49% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-22110

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
94,965 mcf
Oil in Jul 2026
2,457 bbl

Production by month

Oil output fell 49% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for LEHMANN HEIRS OL UNIT, Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 30,632 bbl in the 12 months through Jul 2026, against 59,861 bbl in the 12 months before.Last 12 months: 30,632 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for LEHMANN HEIRS OL UNIT, Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 30,632 bbl in the 12 months through Jul 2026, against 59,861 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kJan 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

Flaring peaked at 91.6% of the gas in Jan 2025.

  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of LEHMANN HEIRS OL 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. Flaring peaked at 91.6% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 91.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of LEHMANN HEIRS OL 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. Flaring peaked at 91.6% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 91.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on LEHMANN HEIRS OL UNIT
API numberWell no.Status
42-287-323821Active
42-287-327422HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

550.88 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.

  • 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.

Check your decimal on this lease
Permits for Lehmann Heirs Ol Unit
API numberWell no.Acreson the permit
42-287-327422H550.88
42-287-323821550.88
42-287-323821RE550.88

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

Unit decimal checker

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 LEHMANN HEIRS OL UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4572,2209,5509,5500$80.46$2.89
Jun 20262,3062,39310,19510,1950$84.81$3.15
May 20262,1022,2096,5426,5420$102.13$2.94
Apr 20262,4072,3909,5109,5100$100.32$2.77
Mar 20262,5182,3635,2805,2800$91.38$3.04
Feb 20261,7541,8392,0932,0930$64.51$3.62
Jan 20262,1512,1897,9347,9340$60.04$7.72
Dec 20252,9353,1297,9317,9310$57.97$4.26
Nov 20252,6292,2365,6505,6500$60.06$3.79
Oct 20252,7332,7608,1598,1590$60.89$3.19
Sep 20253,2293,14310,76710,7670$63.96$2.97
Aug 20253,4113,78411,35411,3540$64.86$2.91
Jul 20254,9954,90214,13914,1390$68.39$3.20
Jun 20256,4986,52412,58512,5850$68.17$3.02
May 20251,9331,8505825820$62.17$3.12
Apr 20258,2398,37613,62813,6280$63.54$3.42
Mar 20256,8996,90311,19911,1990$68.24$4.12
Feb 20256,2646,2906,7906,7900$71.53$4.19
Jan 20251,5791,4571,1851001,085$75.74$4.13
Dec 20244,6554,6694,8241,3943,430$70.12$3.01
Nov 20245,0865,3072,1822,1820$69.95$2.12
Oct 20244,8884,7411,9121,9120$71.99$2.20
Sep 20244,3974,5091,0761,0760$70.24$2.28
Aug 20244,4284,1671,1941,1940$76.68$1.99
Jul 20242,0692,42366660$81.80$2.07
Jun 20242,4762,4321281280$79.77$2.54
May 20242,0711,6996716710$80.02$2.12
Apr 20247079282352350$85.35$1.60
Mar 20241,7251,6805,6055,6050$81.28$1.49
Feb 20241,4421,1059059050$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202310119190$71.90$2.52
Nov 20235045823843840$77.69$2.71
Oct 20232,1802,1161,5401,5400$85.64$2.98
Sep 20233,3043,3913,5083,5080$89.43$2.64
Aug 20233,5083,5983,4343,4340$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

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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