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Texas oil lease

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MYERS UNIT

Myers 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

2,684bbl oil, last 12 months−5% vs prior year
RRC lease
03-12413

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
7,870 mcf
Oil in Jul 2026
333 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for MYERS UNIT, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 2,684 bbl in the 12 months through Jul 2026, against 2,823 bbl in the 12 months before.Last 12 months: 2,684 bblbbl per monthmcf per month001002502005003007504001,0005001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for MYERS UNIT, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 2,684 bbl in the 12 months through Jul 2026, against 2,823 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002502005003007504001,0005001,250Jan 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 MYERS UNIT 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 MYERS UNIT 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 Sep 2021

Operators of this lease over timeWCS Oil & Gas Corporation, Jan 2020 to Aug 2021; Magnolia Oil & Gas Operating LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021WCS Oil & Gas CorporationJan 2020 to Aug 2021Magnolia Oil & Gas Operating…Sep 2021 to now
Operators of this lease over timeWCS Oil & Gas Corporation, Jan 2020 to Aug 2021; Magnolia Oil & Gas Operating LLC, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021WCS Oil & Gas CorporationJan 2020 to Aug 2021Magnolia Oil & Gas Operating LLCSep 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MYERS UNIT
API numberWell no.Status
42-287-305291REActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 1, 2021
Shell Trading (Us) CompanyOilGathers100Jan 1, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers100Nov 30, 2016Jan 1, 2019

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

161.62 acres on the newest permit

A pooling certificate was filed

Permits for Myers Unit
API numberWell no.Acreson the permit
42-287-305291161.62
42-287-305291RE161.62

SourceRailroad Commission drilling permits, Sep 26, 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.

Estimate your royalty

36 months, newest first

Ledger for MYERS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil3331681,0161,0160$80.46$2.89
Jun 2026Magnolia Oil2683438468460$84.81$3.15
May 2026Magnolia Oil3453587067060$102.13$2.94
Apr 2026Magnolia Oil3161697777770$100.32$2.77
Mar 2026Magnolia Oil008808800$91.38$3.04
Feb 2026Magnolia Oil0015150$64.51$3.62
Jan 2026Magnolia Oil216936360$60.04$7.72
Dec 2025Magnolia Oil2881594394390$57.97$4.26
Nov 2025Magnolia Oil3363496986980$60.06$3.79
Oct 2025Magnolia Oil2643657967960$60.89$3.19
Sep 2025Magnolia Oil2501808498490$63.96$2.97
Aug 2025Magnolia Oil2823208128120$64.86$2.91
Jul 2025Magnolia Oil2643387807800$68.39$3.20
Jun 2025Magnolia Oil2541917417410$68.17$3.02
May 2025Magnolia Oil2581637297290$62.17$3.12
Apr 2025Magnolia Oil1823328238230$63.54$3.42
Mar 2025Magnolia Oil2071658208200$68.24$4.12
Feb 2025Magnolia Oil1631554064060$71.53$4.19
Jan 2025Magnolia Oil3093421761760$75.74$4.13
Dec 2024Magnolia Oil2561949219210$70.12$3.01
Nov 2024Magnolia Oil2541648778770$69.95$2.12
Oct 2024Magnolia Oil2793478818810$71.99$2.20
Sep 2024Magnolia Oil2573468448440$70.24$2.28
Aug 2024Magnolia Oil14008238230$76.68$1.99
Jul 2024Magnolia Oil1491616806800$81.80$2.07
Jun 2024Magnolia Oil1591927687680$79.77$2.54
May 2024Magnolia Oil2793828298290$80.02$2.12
Apr 2024Magnolia Oil2971798458450$85.35$1.60
Mar 2024Magnolia Oil2903738758750$81.28$1.49
Feb 2024Magnolia Oil3063628408400$77.25$1.72
Jan 2024Magnolia Oil3011858468460$74.15$3.18
Dec 2023Magnolia Oil2973717577570$71.90$2.52
Nov 2023Magnolia Oil3712309329320$77.69$2.71
Oct 2023Magnolia Oil3233649589580$85.64$2.98
Sep 2023Magnolia Oil2143649809800$89.43$2.64
Aug 2023Magnolia Oil2261761,1001,1000$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

Magnolia Oil & Gas Operating LLC in Lee County

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Giddings (Austin Chalk-3) field

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