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Producing

LIGHTSEY-URBANOWSKY UNIT

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

1 well

2,190bbl oil, last 12 months−27% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-14240

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
3,005 mcf
Oil in Jul 2026
101 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for LIGHTSEY-URBANOWSKY UNIT, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 2,190 bbl in the 12 months through Jul 2026, against 3,020 bbl in the 12 months before.Last 12 months: 2,190 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for LIGHTSEY-URBANOWSKY UNIT, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 2,190 bbl in the 12 months through Jul 2026, against 3,020 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Jul 2024 the lease's gas goes to a transmission line instead of a processing plantShare of LIGHTSEY-URBANOWSKY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2024 the lease's gas goes to a transmission line instead of a processing plantShare of LIGHTSEY-URBANOWSKY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Jul 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeOmni Petroleum Corporation, Jan 2020 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Omni Petroleum CorporationJan 2020 to Apr 2024Magnolia Oil & Gas Operating…May 2024 to now
Operators of this lease over timeOmni Petroleum Corporation, Jan 2020 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Omni Petroleum CorporationJan 2020 to Apr 2024Magnolia Oil & Gas Operating LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LIGHTSEY-URBANOWSKY UNIT
API numberWell no.Status
42-051-314771HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Oct 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2008–
Energy Transfer CompanyCasinghead gasBuys100Oct 1, 2008Oct 1, 2023
Shell Trading (Us) CompanyOilGathers50Sep 1, 2021Oct 1, 2023
Truth Resources, L.p.OilGathers50Sep 1, 2021Oct 1, 2023
Lessley Services LLCOilGathers50Feb 1, 2020Sep 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jan 1, 2019Sep 1, 2021
Enterprise Crude Oil LLCOilGathers50Jan 1, 2019Feb 1, 2020

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

Who buys my oilOil price check

160 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 Lightsey-Urbanowsky Unit
API numberWell no.Acreson the permit
42-051-314771160
42-051-314771H160

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 LIGHTSEY-URBANOWSKY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil10111481480$80.46$2.89
Jun 2026Magnolia Oil00000$84.81$3.15
May 2026Magnolia Oil1941782862860$102.13$2.94
Apr 2026Magnolia Oil2403773243240$100.32$2.77
Mar 2026Magnolia Oil2431782802800$91.38$3.04
Feb 2026Magnolia Oil2711912922920$64.51$3.62
Jan 2026Magnolia Oil1973753603600$60.04$7.72
Dec 2025Magnolia Oil2721743863860$57.97$4.26
Nov 2025Magnolia Oil2581704294290$60.06$3.79
Oct 2025Magnolia Oil00000$60.89$3.19
Sep 2025Magnolia Oil1723381861860$63.96$2.97
Aug 2025Magnolia Oil2421783143140$64.86$2.91
Jul 2025Magnolia Oil2521864174170$68.39$3.20
Jun 2025Magnolia Oil2473544564560$68.17$3.02
May 2025Magnolia Oil2501684714710$62.17$3.12
Apr 2025Magnolia Oil2373462822820$63.54$3.42
Mar 2025Magnolia Oil2423441051050$68.24$4.12
Feb 2025Magnolia Oil2591683163160$71.53$4.19
Jan 2025Magnolia Oil2413504834830$75.74$4.13
Dec 2024Magnolia Oil2671775255250$70.12$3.01
Nov 2024Magnolia Oil2841705415410$69.95$2.12
Oct 2024Magnolia Oil2613365585580$71.99$2.20
Sep 2024Magnolia Oil2771735235230$70.24$2.28
Aug 2024Magnolia Oil2031784454450$76.68$1.99
Jul 2024Magnolia Oil2603445435430$81.80$2.07
Jun 2024Magnolia Oil2523365445440$79.77$2.54
May 2024Magnolia Oil2281675685680$80.02$2.12
Apr 2024Omni Petroleum2551735535530$85.35$1.60
Mar 2024Omni Petroleum2873406356350$81.28$1.49
Feb 2024Omni Petroleum4025167657650$77.25$1.72
Jan 2024Omni Petroleum5505965960$74.15$3.18
Dec 2023Omni Petroleum1841774934930$71.90$2.52
Nov 2023Omni Petroleum3423496226220$77.69$2.71
Oct 2023Omni Petroleum7304124120$85.64$2.98
Sep 2023Omni Petroleum2583525885880$89.43$2.64
Aug 2023Omni Petroleum2713486116110$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

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Burleson County

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Giddings (Austin Chalk-3) field

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