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LESTER-LESTER UNIT

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

1 well

9bbl oil, last 12 months−97% vs prior year
RRC lease
03-21740

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Where it sits

This county

Brazos CountyBrazosWalkerFallsMadisonBurlesonLeeRobertsonGrimesMilamBrazos County
Brazos County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 11 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 97% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for LESTER-LESTER UNIT, Aug 2023 to Jul 2026. Oil output fell 97% over the last 12 months. 9 bbl in the 12 months through Jul 2026, against 348 bbl in the 12 months before.Last 12 months: 9 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for LESTER-LESTER UNIT, Aug 2023 to Jul 2026. Oil output fell 97% over the last 12 months. 9 bbl in the 12 months through Jul 2026, against 348 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 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 LESTER-LESTER 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 LESTER-LESTER 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.

1 well on this lease

Wells on LESTER-LESTER UNIT
API numberWell no.Status
42-041-315691Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2007–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Dec 1, 2022

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

440 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.

Check your decimal on this lease
Permits for Lester-Lester Unit
API numberWell no.Acreson the permit
42-041-315691440

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 LESTER-LESTER 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 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202590000$63.96$2.97
Aug 2025042000$64.86$2.91
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 20250166000$68.24$4.12
Feb 202530000$71.53$4.19
Jan 202510440$75.74$4.13
Dec 20243101131130$70.12$3.01
Nov 20246502542540$69.95$2.12
Oct 20241181733163160$71.99$2.20
Sep 20245702082080$70.24$2.28
Aug 2024731712992990$76.68$1.99
Jul 202410603243240$81.80$2.07
Jun 2024961682912910$79.77$2.54
May 20249702682680$80.02$2.12
Apr 20241071792742740$85.35$1.60
Mar 20249703033030$81.28$1.49
Feb 20245018468680$77.25$1.72
Jan 202463088880$74.15$3.18
Dec 20238616663630$71.90$2.52
Nov 2023112057570$77.69$2.71
Oct 20237917797970$85.64$2.98
Sep 2023700770$89.43$2.64
Aug 202390177550$81.39$2.58

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

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Nearby

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