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Texas gas well

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MCCULLOUGH-OLDEN UNIT

McCullough-Olden Unit is a gas well in Brazos County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk, Gas) field.

1 well

2,582mcf gas, last 12 months−45% vs prior year
RRC lease
03-146491

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Where it sits

This county

Brazos CountyBrazosWalkerFallsMadisonBurlesonLeeRobertsonGrimesMilamBrazos County
Brazos County
Oil, last 12 months
224 bbl
Gas in Feb 2025
0 mcf

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 45% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 45% over the last 12 monthsMonthly gas production and oil for MCCULLOUGH-OLDEN UNIT, Mar 2022 to Feb 2025. Gas output fell 45% over the last 12 months. 2,582 mcf in the 12 months through Feb 2025, against 4,700 mcf in the 12 months before.Last 12 months: 2,582 mcfmcf per monthbbl per month0020020400406006080080Apr 22JulOctJan 23AprJulOctJan 24AprJulOctJan 25
Gas output fell 45% over the last 12 monthsMonthly gas production and oil for MCCULLOUGH-OLDEN UNIT, Mar 2022 to Feb 2025. Gas output fell 45% over the last 12 months. 2,582 mcf in the 12 months through Feb 2025, against 4,700 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020020400406006080080Jul 22Jan 23JulJan 24JulJan 25

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 MCCULLOUGH-OLDEN UNIT gas by disposition code each month, Mar 2022 to Feb 2025. 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%Apr 22JulOctJan 23AprJulOctJan 24AprJulOctJan 25
All of the gas went to a transmission line in the last 12 monthsShare of MCCULLOUGH-OLDEN UNIT gas by disposition code each month, Mar 2022 to Feb 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MCCULLOUGH-OLDEN UNIT
API numberWell no.Status
42-041-317001Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers100Dec 1, 2022–
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018–
Energy Transfer CompanyGas-well gasGathers100Aug 1, 2007–
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2013Dec 1, 2022

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

460.79 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for McCullough-Olden Unit
API numberWell no.Acreson the permit
42-041-317001460.79

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

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.

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36 months, newest first

Ledger for MCCULLOUGH-OLDEN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20240122000$70.12$3.01
Nov 202400330$69.95$2.12
Oct 2024701131130$71.99$2.20
Sep 20245704834830$70.24$2.28
Aug 2024873163160$76.68$1.99
Jul 20245147470$81.80$2.07
Jun 20242603463460$79.77$2.54
May 2024421864384380$80.02$2.12
Apr 20243503793790$85.35$1.60
Mar 202444654574570$81.28$1.49
Feb 20244204494490$77.25$1.72
Jan 20242503953950$74.15$3.18
Dec 20233404654650$71.90$2.52
Nov 20233503863860$77.69$2.71
Oct 20232102952950$85.64$2.98
Sep 2023271833143140$89.43$2.64
Aug 20232103113110$81.39$2.58
Jul 20232844064060$76.07$2.55
Jun 20232103793790$70.25$2.18
May 20232604574570$71.58$2.15
Apr 20232104044040$79.45$2.16
Mar 20233244394390$73.28$2.31
Feb 2023321805075070$76.83$2.38
Jan 20232803783780$78.12$3.27
Dec 20224243503500$76.44$5.53
Nov 20221304904900$84.37$5.45
Oct 20221303063060$87.55$5.66
Sep 2022804474470$84.26$7.88
Aug 2022604684680$93.67$8.81
Jul 20224603773770$101.62$7.28
Jun 2022431933643640$114.84$7.70
May 20222401531530$109.55$8.14
Apr 20224514454450$101.78$6.60
Mar 20223803993990$108.50$4.90

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Giddings (Austin Chalk, Gas) field

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