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Texas oil lease

Producing

MEANS "C"

Means "C" is an oil lease in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

2 wells

2,733bbl oil, last 12 months+14% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-24315

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
15,367 mcf
Oil in Jul 2026
325 bbl

Production by month

Oil output rose 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 14% over the last 12 monthsMonthly oil production and gas for MEANS "C", Aug 2023 to Jul 2026. Oil output rose 14% over the last 12 months. 2,733 bbl in the 12 months through Jul 2026, against 2,400 bbl in the 12 months before.Last 12 months: 2,733 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 14% over the last 12 monthsMonthly oil production and gas for MEANS "C", Aug 2023 to Jul 2026. Oil output rose 14% over the last 12 months. 2,733 bbl in the 12 months through Jul 2026, against 2,400 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 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 MEANS "C" 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 MEANS "C" 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.

2 wells on this lease

Wells on MEANS "C"
API numberWell no.Status
42-477-304114Active
42-477-310042HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers25Dec 1, 2022–
Enterprise Crude Oil LLCOilGathers25May 11, 2018–
Flint Hills Resources, LPOilGathers25May 11, 2018–
Shell Trading (Us) CompanyOilGathers25May 11, 2018–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Dec 1, 2022

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

Who buys my oilOil price check

847.60 acres on the newest permit

A pooling certificate was filed

Permits for Means "C"
API numberWell no.Acreson the permit
42-477-310042H847.60
42-477-304114847.60
42-477-304114RE847.60

SourceRailroad Commission drilling permits, Sep 26, 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 MEANS "C"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263253551,3291,3290$80.46$2.89
Jun 20262993721,1491,1490$84.81$3.15
May 20263873711,4491,4490$102.13$2.94
Apr 20263423451,2701,2700$100.32$2.77
Mar 20264213601,5951,5950$91.38$3.04
Feb 20264514931,7231,7230$64.51$3.62
Jan 20263183641,8561,8560$60.04$7.72
Dec 20254671,9461,9460$57.97$4.26
Nov 202596102,5142,5140$60.06$3.79
Oct 20253554744740$60.89$3.19
Sep 202504000$63.96$2.97
Aug 20251320162620$64.86$2.91
Jul 20252933402102100$68.39$3.20
Jun 202511405345340$68.17$3.02
May 20250017170$62.17$3.12
Apr 202522000$63.54$3.42
Mar 20252681841,4391,4390$68.24$4.12
Feb 20256647532,0642,0640$71.53$4.19
Jan 202511000$75.74$4.13
Dec 20241411905595590$70.12$3.01
Nov 20243213641,1451,1450$69.95$2.12
Oct 20243211691,3751,3750$71.99$2.20
Sep 20242741791,2251,2250$70.24$2.28
Aug 202412000$76.68$1.99
Jul 202431000$81.80$2.07
Jun 20242403511,5661,5660$79.77$2.54
May 20244403423,1813,1810$80.02$2.12
Apr 2024771615575570$85.35$1.60
Mar 20244235562,7672,7670$81.28$1.49
Feb 20246715393,4323,4320$77.25$1.72
Jan 20243203611,0591,0590$74.15$3.18
Dec 2023791824064060$71.90$2.52
Nov 20237557043,3933,3930$77.69$2.71
Oct 20232351831,2461,2460$85.64$2.98
Sep 20232411,0411,0410$89.43$2.64
Aug 20231320200$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Washington County

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