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Texas oil lease

Producing

LENTZ UNIT

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

2 wells

4,217bbl oil, last 12 months−41% vs prior year
RRC lease
03-14113

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
60,069 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for LENTZ UNIT, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 4,217 bbl in the 12 months through Jul 2026, against 7,154 bbl in the 12 months before.Last 12 months: 4,217 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for LENTZ UNIT, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 4,217 bbl in the 12 months through Jul 2026, against 7,154 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 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 LENTZ 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 LENTZ 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.

2 wells on this lease

Wells on LENTZ UNIT
API numberWell no.Status
42-477-303921Shut-in
42-477-309352Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers25Dec 1, 2022–
Enterprise Crude Oil LLCOilGathers25May 11, 2018–
Flint Hills Resources, LPOilGathers25May 11, 2018–
Shell Trading (Us) CompanyOilGathers25May 11, 2018–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Dec 1, 2022

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

480 acres on the newest permit

A pooling certificate was filed

Permits for Lentz Unit
API numberWell no.Acreson the permit
42-477-309352480
42-477-303921480

SourceRailroad Commission drilling permits, Sep 26, 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 LENTZ UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 2026611891,6601,6600$102.13$2.94
Apr 20263635545,8175,8170$100.32$2.77
Mar 20264903527,3557,3550$91.38$3.04
Feb 20264933606,1716,1710$64.51$3.62
Jan 20264397206,3416,3410$60.04$7.72
Dec 20255273606,5826,5820$57.97$4.26
Nov 20254405415,3455,3450$60.06$3.79
Oct 20254825256,8766,8760$60.89$3.19
Sep 20254682306,5936,5930$63.96$2.97
Aug 20254545557,3297,3290$64.86$2.91
Jul 20255725457,8097,8090$68.39$3.20
Jun 20255917137,4887,4880$68.17$3.02
May 20254903547,4787,4780$62.17$3.12
Apr 20256617187,0147,0140$63.54$3.42
Mar 202584691911,29111,2910$68.24$4.12
Feb 20251,16791420,09420,0940$71.53$4.19
Jan 202541419859850$75.74$4.13
Dec 20243643715,1625,1620$70.12$3.01
Nov 20245597267,9527,9520$69.95$2.12
Oct 202445536710,06010,0600$71.99$2.20
Sep 202482689410,02610,0260$70.24$2.28
Aug 20246193589,2949,2940$76.68$1.99
Jul 20244245567,8437,8430$81.80$2.07
Jun 20241,0011,0809,7119,7110$79.77$2.54
May 202474969811,37011,3700$80.02$2.12
Apr 202414813,5523,5520$85.35$1.60
Mar 202461976914,55414,5540$81.28$1.49
Feb 20247919148,4058,4050$77.25$1.72
Jan 20241,3961,12916,23116,2310$74.15$3.18
Dec 20231,3121,44211,49611,4960$71.90$2.52
Nov 20236337223,4393,4390$77.69$2.71
Oct 20237627256,5536,5530$85.64$2.98
Sep 20231,1531,11511,16011,1600$89.43$2.64
Aug 20231,1149369,6459,6450$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

Magnolia Oil & Gas Operating LLC in Washington County

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Giddings (Austin Chalk-3) field

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