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Texas oil lease

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MCCRARY UNIT

McCrary Unit is an oil lease in Milam County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Buda) field.

1 well

1,594bbl oil, last 12 months−37% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Milam County
Field
Giddings (Buda)
RRC lease
03-23658

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County
Gas, last 12 months
2,334 mcf
Oil in Jul 2026
147 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for MCCRARY UNIT, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 1,594 bbl in the 12 months through Jul 2026, against 2,550 bbl in the 12 months before.Last 12 months: 1,594 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for MCCRARY UNIT, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 1,594 bbl in the 12 months through Jul 2026, against 2,550 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of MCCRARY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 lease fuel in the last 12 monthsShare of MCCRARY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 2 times, most recently in Dec 2023

Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, L…Jan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating…Dec 2023 to now
Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, LLCJan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MCCRARY UNIT
API numberWell no.Status
42-331-335051Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers75Jul 1, 2021–
4J Energy, LLCOilGathers25Jul 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2016–
Energy Transfer CompanyCasinghead gasGathers100Jul 7, 2016–
Buckhead Midstream, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Shell Trading (Us) CompanyOilGathers25Jul 1, 2020Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Jul 1, 2020Jul 1, 2021
Texican Crude&hydrocarbons, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Buckhead Midstream, LLCOilGathers20Jun 1, 2020Jul 1, 2020
Shell Trading (Us) CompanyOilGathers70Jun 1, 2020Jul 1, 2020

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

Who buys my oilOil price check

1,069.36 acres on the newest permit

A pooling certificate was filed

Permits for McCrary Unit
API numberWell no.Acreson the permit
42-331-3350511,069.36

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 MCCRARY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil14717822400$80.46$2.89
Jun 2026Magnolia Oil16017523800$84.81$3.15
May 2026Magnolia Oil22817724800$102.13$2.94
Apr 2026Magnolia Oil14516124000$100.32$2.77
Mar 2026Magnolia Oil20417924800$91.38$3.04
Feb 2026Magnolia Oil3503200$64.51$3.62
Jan 2026Magnolia Oil00000$60.04$7.72
Dec 2025Magnolia Oil5717212800$57.97$4.26
Nov 2025Magnolia Oil122024000$60.06$3.79
Oct 2025Magnolia Oil14718024800$60.89$3.19
Sep 2025Magnolia Oil14017324000$63.96$2.97
Aug 2025Magnolia Oil20918024800$64.86$2.91
Jul 2025Magnolia Oil10009100$68.39$3.20
Jun 2025Magnolia Oil24535524000$68.17$3.02
May 2025Magnolia Oil28435024800$62.17$3.12
Apr 2025Magnolia Oil28717624000$63.54$3.42
Mar 2025Magnolia Oil17017824400$68.24$4.12
Feb 2025Magnolia Oil14917922400$71.53$4.19
Jan 2025Magnolia Oil23517520800$75.74$4.13
Dec 2024Magnolia Oil21534123300$70.12$3.01
Nov 2024Magnolia Oil29417824000$69.95$2.12
Oct 2024Magnolia Oil21933922500$71.99$2.20
Sep 2024Magnolia Oil18412017900$70.24$2.28
Aug 2024Magnolia Oil16817816800$76.68$1.99
Jul 2024Magnolia Oil27717524800$81.80$2.07
Jun 2024Magnolia Oil25234924000$79.77$2.54
May 2024Magnolia Oil25935024800$80.02$2.12
Apr 2024Magnolia Oil20817724000$85.35$1.60
Mar 2024Magnolia Oil28117624800$81.28$1.49
Feb 2024Magnolia Oil23636223200$77.25$1.72
Jan 2024Magnolia Oil21018223600$74.15$3.18
Dec 2023Magnolia Oil20216924800$71.90$2.52
Nov 2023LRR Pecos24817923800$77.69$2.71
Oct 2023LRR Pecos27036124800$85.64$2.98
Sep 2023LRR Pecos35035424000$89.43$2.64
Aug 2023LRR Pecos37434824500$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 LLCFieldGiddings (Buda)CountyMilam County

Magnolia Oil & Gas Operating LLC in Milam County

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Giddings (Buda) field

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