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Texas oil lease

Producing

LOVINGS-KRUSE UNIT

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

1 well

2,809bbl oil, last 12 months+84% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-26107

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
8,173 mcf
Oil in Jul 2026
189 bbl

Production by month

Oil output rose 84% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 84% over the last 12 monthsMonthly oil production and gas for LOVINGS-KRUSE UNIT, Aug 2023 to Jul 2026. Oil output rose 84% over the last 12 months. 2,809 bbl in the 12 months through Jul 2026, against 1,524 bbl in the 12 months before.Last 12 months: 2,809 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 84% over the last 12 monthsMonthly oil production and gas for LOVINGS-KRUSE UNIT, Aug 2023 to Jul 2026. Oil output rose 84% over the last 12 months. 2,809 bbl in the 12 months through Jul 2026, against 1,524 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of LOVINGS-KRUSE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of LOVINGS-KRUSE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Nov 25: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    61% · 5,007 mcf

  • Transmission line (2)

    39% · 3,166 mcf

1 well on this lease

Wells on LOVINGS-KRUSE UNIT
API numberWell no.Status
42-477-309902Active

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–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
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).

Who buys my oilOil price check

344.38 acres on the newest 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 Lovings-Kruse Unit
API numberWell no.Acreson the permit
42-477-309902344.38

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 LOVINGS-KRUSE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202618917749500$80.46$2.89
Jun 202620917948000$84.81$3.15
May 20261843584852000$102.13$2.94
Apr 202619218248000$100.32$2.77
Mar 202622318537900$91.38$3.04
Feb 202620017938700$64.51$3.62
Jan 20262701735841720$60.04$7.72
Dec 20252523558333370$57.97$4.26
Nov 2025222180508280$60.06$3.79
Oct 20252693521,0045080$60.89$3.19
Sep 20252581747222420$63.96$2.97
Aug 20253413581,8161,6790$64.86$2.91
Jul 202500000$68.39$3.20
Jun 2025230106340$68.17$3.02
May 2025161183537410$62.17$3.12
Apr 2025180186500200$63.54$3.42
Mar 20252281807112150$68.24$4.12
Feb 20251551851,0846360$71.53$4.19
Jan 202513849600$75.74$4.13
Dec 202496049600$70.12$3.01
Nov 202415917748000$69.95$2.12
Oct 2024183181591950$71.99$2.20
Sep 2024182181541610$70.24$2.28
Aug 20241561776731770$76.68$1.99
Jul 20241601788783820$81.80$2.07
Jun 20241681907632830$79.77$2.54
May 20242341741,1176210$80.02$2.12
Apr 2024440510300$85.35$1.60
Mar 20241841927172210$81.28$1.49
Feb 20241793547022380$77.25$1.72
Jan 2024129049600$74.15$3.18
Dec 202323235349600$71.90$2.52
Nov 20232211797082280$77.69$2.71
Oct 20231791791,2117150$85.64$2.98
Sep 20231861821,0685880$89.43$2.64
Aug 20231901791,2047080$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Washington County

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Giddings (Austin Chalk-3) field

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