Texas oil lease
No report in 6+ monthsMICHELE UNIT
Michele Unit is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-12041
Is your check right?
Where it sits
This county
- Oil in May 2022
- 0 bbl
- Reporting since
- Jan 2020
Production by month
No oil produced in the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to a transmission line in the 11 months reported
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Jul 2020
- Magnolia Oil & Gas Operating LLC Jul 2020 to now
- XTO Energy Inc. Jan 2020 to Jun 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-30389 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Gulfmark Energy, Inc. | Oil | Gathers | 100 | Jun 1, 2020 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Jul 1, 2007 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Jul 1, 2007 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | May 1, 2010 | Jun 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
29 months, newest first
| Month | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|
| May 2022Magnolia Oil | 0 | 0 | 0 | $109.55 | $8.14 |
| Apr 2022Magnolia Oil | 0 | 0 | 0 | $101.78 | $6.60 |
| Mar 2022Magnolia Oil | 0 | 0 | 0 | $108.50 | $4.90 |
| Feb 2022Magnolia Oil | 0 | 0 | 0 | $91.64 | $4.69 |
| Jan 2022Magnolia Oil | 0 | 0 | 0 | $83.22 | $4.38 |
| Dec 2021Magnolia Oil | 0 | 0 | 0 | $71.71 | $3.76 |
| Nov 2021Magnolia Oil | 0 | 0 | 0 | $79.15 | $5.05 |
| Oct 2021Magnolia Oil | 0 | 0 | 0 | $81.48 | $5.51 |
| Sep 2021Magnolia Oil | 0 | 0 | 0 | $71.65 | $5.16 |
| Aug 2021Magnolia Oil | 0 | 0 | 0 | $67.73 | $4.07 |
| Jul 2021Magnolia Oil | 0 | 0 | 0 | $72.49 | $3.84 |
| Jun 2021Magnolia Oil | 0 | 0 | 0 | $71.38 | $3.26 |
| May 2021Magnolia Oil | 0 | 0 | 0 | $65.17 | $2.91 |
| Apr 2021Magnolia Oil | 0 | 0 | 0 | $61.72 | $2.66 |
| Mar 2021Magnolia Oil | 0 | 0 | 0 | $62.33 | $2.62 |
| Feb 2021Magnolia Oil | 11 | 11 | 0 | $59.04 | $5.35 |
| Jan 2021Magnolia Oil | 23 | 23 | 0 | $52.00 | $2.71 |
| Dec 2020Magnolia Oil | 24 | 24 | 0 | $47.02 | $2.58 |
| Nov 2020Magnolia Oil | 0 | 0 | 0 | $40.94 | $2.61 |
| Oct 2020Magnolia Oil | 0 | 0 | 0 | $39.40 | $2.39 |
| Sep 2020Magnolia Oil | 0 | 0 | 0 | $39.63 | $1.92 |
| Aug 2020Magnolia Oil | 136 | 136 | 0 | $42.34 | $2.30 |
| Jul 2020Magnolia Oil | 137 | 137 | 0 | $40.71 | $1.76 |
| Jun 2020XTO Energy | 143 | 143 | 0 | $38.31 | $1.63 |
| May 2020XTO Energy | 154 | 154 | 0 | $28.56 | $1.75 |
| Apr 2020XTO Energy | 169 | 169 | 0 | $16.55 | $1.74 |
| Mar 2020XTO Energy | 174 | 174 | 0 | $29.21 | $1.79 |
| Feb 2020XTO Energy | 168 | 168 | 0 | $50.54 | $1.91 |
| Jan 2020XTO Energy | 177 | 177 | 0 | $57.52 | $2.02 |
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
Magnolia Oil & Gas Operating LLC in Lee County
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Giddings (Austin Chalk-3) field
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