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Texas oil lease

Producing

MARTHA

Martha is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Navarro, Oil) field.

1 well

249bbl oil, last 12 months−45% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Navarro, Oil)
RRC lease
03-22738

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
342 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for MARTHA, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 249 bbl in the 12 months through Jul 2026, against 450 bbl in the 12 months before.Last 12 months: 249 bblbbl per monthmcf per month0025505010075150100200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for MARTHA, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 249 bbl in the 12 months through Jul 2026, against 450 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025505010075150100200Jan 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 MARTHA 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 MARTHA 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.

Who has run this lease

The operator changed once, most recently in Aug 2025

Operators of this lease over timeDallas Petroleum Group, LLC, Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Dallas Petroleum Group, LLCJan 2020 to Jul 2025Magnolia Oil & Gas Operating…Aug 2025 to now
Operators of this lease over timeDallas Petroleum Group, LLC, Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Dallas Petroleum Group, LLCJan 2020 to Jul 2025Magnolia Oil & Gas Operating LLCAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARTHA
API numberWell no.Status
42-287-324642Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Mar 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Genesis Crude Oil, L.p.OilGathers100Aug 1, 2020Mar 1, 2022
Plains Marketing, L.p.OilGathers100Jul 1, 2000Aug 1, 2020

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

Who buys my oilOil price check

76.19 acres on the newest permit

A pooling certificate was filed

Permits for Martha
API numberWell no.Acreson the permit
42-287-32464276.19

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 MARTHA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil00000$80.46$2.89
Jun 2026Magnolia Oil9601071070$84.81$3.15
May 2026Magnolia Oil00220$102.13$2.94
Apr 2026Magnolia Oil00000$100.32$2.77
Mar 2026Magnolia Oil10000$91.38$3.04
Feb 2026Magnolia Oil00000$64.51$3.62
Jan 2026Magnolia Oil00110$60.04$7.72
Dec 2025Magnolia Oil103770$57.97$4.26
Nov 2025Magnolia Oil00000$60.06$3.79
Oct 2025Magnolia Oil19020200$60.89$3.19
Sep 2025Magnolia Oil471531141140$63.96$2.97
Aug 2025Magnolia Oil76091910$64.86$2.91
Jul 2025Dallas Petroleum53194940$68.39$3.20
Jun 2025Dallas Petroleum5025250$68.17$3.02
May 2025Dallas Petroleum4617467670$62.17$3.12
Apr 2025Dallas Petroleum38063630$63.54$3.42
Mar 2025Dallas Petroleum35061610$68.24$4.12
Feb 2025Dallas Petroleum7901371370$71.53$4.19
Jan 2025Dallas Petroleum6105000$75.74$4.13
Dec 2024Dallas Petroleum230000$70.12$3.01
Nov 2024Dallas Petroleum420660$69.95$2.12
Oct 2024Dallas Petroleum4918849490$71.99$2.20
Sep 2024Dallas Petroleum15025250$70.24$2.28
Aug 2024Dallas Petroleum59050500$76.68$1.99
Jul 2024Dallas Petroleum23052520$81.80$2.07
Jun 2024Dallas Petroleum43064640$79.77$2.54
May 2024Dallas Petroleum35057570$80.02$2.12
Apr 2024Dallas Petroleum3017424240$85.35$1.60
Mar 2024Dallas Petroleum43056560$81.28$1.49
Feb 2024Dallas Petroleum30040400$77.25$1.72
Jan 2024Dallas Petroleum40048480$74.15$3.18
Dec 2023Dallas Petroleum4418640400$71.90$2.52
Nov 2023Dallas Petroleum59096960$77.69$2.71
Oct 2023Dallas Petroleum55083830$85.64$2.98
Sep 2023Dallas Petroleum35041410$89.43$2.64
Aug 2023Dallas Petroleum220000$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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Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Navarro, Oil)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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Giddings (Navarro, Oil) field

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