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MARGARET ANN

Margaret Ann is an oil lease in Karnes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Sugarkane (Austin Chalk) field.

8 wells

66,627bbl oil, last 12 months−22% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Karnes County
Field
Sugarkane (Austin Chalk)
RRC lease
02-11451

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
399,054 mcf
Oil in Jul 2026
6,125 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for MARGARET ANN, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 66,627 bbl in the 12 months through Jul 2026, against 85,819 bbl in the 12 months before.Last 12 months: 66,627 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for MARGARET ANN, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 66,627 bbl in the 12 months through Jul 2026, against 85,819 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

74% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
74% of the gas went to a transmission line in the last 12 monthsShare of MARGARET ANN gas by disposition code each month, Aug 2023 to Jul 2026. 74% 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
74% of the gas went to a transmission line in the last 12 monthsShare of MARGARET ANN gas by disposition code each month, Aug 2023 to Jul 2026. 74% 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.

  • Transmission line (2)

    74% · 296,902 mcf

  • Lease fuel (1)

    26% · 101,905 mcf

  • Flared (4)

    0.1% · 247 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

8 wells on this lease

Wells on MARGARET ANN
API numberWell no.Status
42-255-35488101HActive
42-255-35493102HActive
42-255-36357103HActive
42-255-36358105HActive
42-255-36359104HActive
42-255-36836108HActive
42-255-36851106HActive
42-255-36852107HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers40Jan 7, 2025–
Flint Hills Resources, LPOilGathers30Jan 7, 2025–
Phillips 66 CompanyOilGathers30Jan 7, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Sep 7, 2019–
Plains Pipeline L.p.Casinghead gasGathers100Jan 7, 2025–
Ironwood Midst Energy Ptnrs LLCCasinghead gasGathers100Mar 1, 2018Jan 7, 2025
Energy Transfer Marketing & TermOilGathers20Dec 1, 2022Jan 7, 2025
Flint Hills Resources, LPOilGathers20Feb 15, 2020Jan 7, 2025
Ironwood Midst Energy Ptnrs LLCOilGathers20Feb 25, 2020Jan 7, 2025
Phillips 66 CompanyOilGathers20Feb 25, 2020Jan 7, 2025
Shell Trading (Us) CompanyOilGathers20Feb 25, 2020Jan 7, 2025

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

Who buys my oilOil price check

443.61 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

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Permits for Margaret Ann
API numberWell no.Acreson the permit
42-255-36851106H443.61
42-255-36852107H443.61
42-255-36836108H443.61
42-255-36357103H443.61
42-255-36358105H443.61
42-255-36359104H443.61
42-255-35493102H443.61
42-255-35488101H443.61

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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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 MARGARET ANN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,1256,20227,77121,231239$80.46$2.89
Jun 20264,6304,43035,51428,4890$84.81$3.15
May 20264,6815,09334,74225,2296$102.13$2.94
Apr 20264,3094,26840,04331,0451$100.32$2.77
Mar 20265,4065,57830,91522,1990$91.38$3.04
Feb 20266,3076,29830,15720,6780$64.51$3.62
Jan 20267,6227,50535,51126,1810$60.04$7.72
Dec 20256,5626,34332,66724,2470$57.97$4.26
Nov 20255,4125,43836,27927,2521$60.06$3.79
Oct 20255,2285,12833,69325,8520$60.89$3.19
Sep 20254,8145,05829,34221,8840$63.96$2.97
Aug 20255,5315,46132,42022,6150$64.86$2.91
Jul 20254,3414,50322,31813,3130$68.39$3.20
Jun 20255,6715,73528,28217,87012$68.17$3.02
May 20256,2866,12823,11515,56230$62.17$3.12
Apr 20256,4086,50528,39520,1992$63.54$3.42
Mar 20257,0336,97033,43820,5290$68.24$4.12
Feb 20256,5797,02235,77324,3442$71.53$4.19
Jan 20258,1657,87244,98230,7641$75.74$4.13
Dec 20248,2658,20345,68531,5261$70.12$3.01
Nov 20247,7247,70235,09522,9830$69.95$2.12
Oct 20247,9207,90035,92823,8780$71.99$2.20
Sep 20247,9888,08934,86724,5720$70.24$2.28
Aug 20249,4399,39932,94524,33838$76.68$1.99
Jul 20248,8678,97437,15027,49360$81.80$2.07
Jun 20247,7247,62630,70722,62450$79.77$2.54
May 20248,2338,54438,78626,1521$80.02$2.12
Apr 20248,2718,03335,70523,4835$85.35$1.60
Mar 20247,2687,08442,64130,2570$81.28$1.49
Feb 20247,9558,25138,15127,053204$77.25$1.72
Jan 20248,5518,58835,97327,083282$74.15$3.18
Dec 20239,8589,91743,33831,7190$71.90$2.52
Nov 20238,1177,82142,03431,1000$77.69$2.71
Oct 20237,7347,87053,06034,47023$85.64$2.98
Sep 20238,3488,10851,09632,5634$89.43$2.64
Aug 20239,75410,15555,06236,3434$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 LLCFieldSugarkane (Austin Chalk)CountyKarnes County

Magnolia Oil & Gas Operating LLC in Karnes County

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Sugarkane (Austin Chalk) field

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