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Royalty Clerk

Texas gas well · RRC district 03 · Lease 300080

Producing

MARCUS FIVE

Marcus Five is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 1,254,289 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

1,254,289mcf gas, last 12 months
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-300080

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County · RRC district 03Open Fayette County →
Oil, last 12 months
78,508 bbl
Gas in Jul 2026
78,180 mcf
Reporting to the state
since Dec 2024
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output fell 59% since Dec 2024

Monthly average of 83,226 mcf in the latest 3 months, against 205,119 mcf in the first 3.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
Gas output fell 59% since Dec 2024Monthly gas production and oil for MARCUS FIVE, Dec 2024 to Jul 2026. Gas output fell 59% since Dec 2024. Monthly average of 83,226 mcf in the latest 3 months, against 205,119 mcf in the first 3.Last 12 months: 1,254,289 mcfmcf per monthbbl per month00100k5,000200k10k300k15k400k20k500k25kJan 25AprJulOctJan 26AprJul
Gas output fell 59% since Dec 2024Monthly gas production and oil for MARCUS FIVE, Dec 2024 to Jul 2026. Gas output fell 59% since Dec 2024. Monthly average of 83,226 mcf in the latest 3 months, against 205,119 mcf in the first 3.Last 12 monthsmcf per monthbbl per month00100k5,000200k10k300k15k400k20k500k25kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 300080, district 03. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

99% of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of MARCUS FIVE gas by disposition code each month, Dec 2024 to Jul 2026. 99% 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%Jan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of MARCUS FIVE gas by disposition code each month, Dec 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 300080, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.2% of the gas was flared. No month went above 3%.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Magnolia Oil & Gas Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Dec 2024 to Jul 202620252026Magnolia Oil & Gas Operating…Dec 2024 to nowthrough Jul 2026
Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Dec 2024 to Jul 202620252026Magnolia Oil & Gas Operating LLCDec 2024 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to gas well 300080 in district 03. The API number is the state’s ID for a well.
Wells on MARCUS FIVE
API numberWell no.Status
42-149-33601H 05MLActive

SourceTexas Railroad Commission Wellbore Query, district 03, lease 300080.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Condensate

    Shell Trading (Us) Company, Energy Trans Crude Marketing LLC and Enterprise Crude Oil LLC gather it.

    Shell Trading (Us) Company gathers it: 34% of it, on the list since Oct 1, 2025 · Energy Trans Crude Marketing LLC gathers it: 33% of it, on the list since Oct 1, 2025 · Enterprise Crude Oil LLC gathers it: 33% of it, on the list since Oct 1, 2025

  • Gas from gas wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Sep 1, 2025 · Energy Transfer Company gathers it: 100% of it, on the list since Sep 1, 2025

Companies that used to be listed: Energy Trans Crude Marketing LLC (gathers it, until Oct 1, 2025); Enterprise Crude Oil LLC (gathers it, until Oct 1, 2025); Shell Trading (Us) Company (gathers it, until Oct 1, 2025).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

2,745.94 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Dec 20, 2024
Latest permit
Jul 19, 2024

An allocation well is on this lease

A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Wells and acres on the permits for Marcus Five
API numberWell no.Acreson the permit
42-149-33601H 05ML2,745.94

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

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Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MARCUS FIVE sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

20 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for MARCUS FIVE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil5,6845,61278,18076,172206$80.46$2.89
Jun 2026Magnolia Oil5,6735,74681,67479,808133$84.81$3.15
May 2026Magnolia Oil5,1525,10389,82387,670445$102.13$2.94
Apr 2026Magnolia Oil4,9214,83379,54978,677485$100.32$2.77
Mar 2026Magnolia Oil6,1116,04092,21891,711101$91.38$3.04
Feb 2026Magnolia Oil5,0545,05886,67386,196106$64.51$3.62
Jan 2026Magnolia Oil6,0796,214102,797102,27928$60.04$7.72
Dec 2025Magnolia Oil6,6326,482111,242110,67978$57.97$4.26
Nov 2025Magnolia Oil7,1107,160118,985118,46462$60.06$3.79
Oct 2025Magnolia Oil8,1328,178128,134127,540136$60.89$3.19
Sep 2025Magnolia Oil8,6018,618134,510133,974100$63.96$2.97
Aug 2025Magnolia Oil9,3599,422150,504149,857238$64.86$2.91
Jul 2025Magnolia Oil11,49411,552168,046167,077260$68.39$3.20
Jun 2025Magnolia Oil12,11512,079173,400172,976424$68.17$3.02
May 2025Magnolia Oil13,94313,908195,752195,184567$62.17$3.12
Apr 2025Magnolia Oil15,25915,239209,498209,370127$63.54$3.42
Mar 2025Magnolia Oil17,09317,042242,977242,068473$68.24$4.12
Feb 2025Magnolia Oil17,83117,831253,136251,873722$71.53$4.19
Jan 2025Magnolia Oil21,65121,701294,943293,2231,249$75.74$4.13
Dec 2024Magnolia Oil5,8265,64167,27766,1181,018$70.12$3.01

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Fayette County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • MARCUS THREE

    2,093,008 mcf last 12 months · 0 km away

  • MARCUS ONE

    1,233,718 mcf last 12 months · 0 km away

  • CITATION UNIT

    868 mcf last 12 months · 1.1 km away

  • DREDD

    175,842 mcf last 12 months · 1.4 km away

  • KOCIAN OL

    167,595 mcf last 12 months · 1.4 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 300080, district 03, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.