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Texas oil lease

Producing

LOUIS "B"

Louis "B" is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

2,792bbl oil, last 12 months+87% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-17786

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
3,228 mcf
Oil in Jul 2026
350 bbl

Production by month

Oil output rose 87% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 87% over the last 12 monthsMonthly oil production and gas for LOUIS "B", Aug 2023 to Jul 2026. Oil output rose 87% over the last 12 months. 2,792 bbl in the 12 months through Jul 2026, against 1,494 bbl in the 12 months before.Last 12 months: 2,792 bblbbl per monthmcf per month002001004002006003008004001,000500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 87% over the last 12 monthsMonthly oil production and gas for LOUIS "B", Aug 2023 to Jul 2026. Oil output rose 87% over the last 12 months. 2,792 bbl in the 12 months through Jul 2026, against 1,494 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001004002006003008004001,000500Jan 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 LOUIS "B" 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 LOUIS "B" 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 LOUIS "B"
API numberWell no.Status
42-287-316071 AActive

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

758.43 acres on the newest permit

A pooling certificate was filed

Permits for Louis "B"
API numberWell no.Acreson the permit
42-287-316071758.43
42-287-316071 A758.43

SourceRailroad Commission drilling permits, Sep 26, 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 LOUIS "B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263501854074070$80.46$2.89
Jun 20264073662842840$84.81$3.15
May 20264215293703700$102.13$2.94
Apr 20265013424384380$100.32$2.77
Mar 20262913581501500$91.38$3.04
Feb 20261121892912910$64.51$3.62
Jan 202684494940$60.04$7.72
Dec 20251281832512510$57.97$4.26
Nov 20251331812152150$60.06$3.79
Oct 202512813073070$60.89$3.19
Sep 20251101871561560$63.96$2.97
Aug 202512722652650$64.86$2.91
Jul 20251343561941940$68.39$3.20
Jun 202520313593590$68.17$3.02
May 20251311712022020$62.17$3.12
Apr 20251511822482480$63.54$3.42
Mar 20251041643413410$68.24$4.12
Feb 20251851802962960$71.53$4.19
Jan 2025230550$75.74$4.13
Dec 20244301091090$70.12$3.01
Nov 20241211842162160$69.95$2.12
Oct 20241531802682680$71.99$2.20
Sep 202412131731730$70.24$2.28
Aug 20241251893063060$76.68$1.99
Jul 20241011781951950$81.80$2.07
Jun 202411412962960$79.77$2.54
May 2024971951751750$80.02$2.12
Apr 202487045450$85.35$1.60
Mar 2024841962252250$81.28$1.49
Feb 20247712282280$77.25$1.72
Jan 20241121942472470$74.15$3.18
Dec 2023119153530$71.90$2.52
Nov 20238119585850$77.69$2.71
Oct 202314601191190$85.64$2.98
Sep 20231571831721720$89.43$2.64
Aug 20231591901751750$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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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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