Texas oil lease · RRC district 03 · Lease 21283
ProducingOEDING-BACA UNIT
Oeding-Baca Unit is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 154 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-21283
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Where it sits
This county
- Gas, last 12 months
- 478 mcf
- Oil in Jul 2026
- 24 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
Production
Month by month, from the state record
Oil output rose 806% over the last 12 months
154 bbl in the 12 months through Jul 2026, against 17 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 21283, district 03. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
All of the gas went to a transmission line in the last 12 months
Each bar is one month. Colors are the disposition codes the operator reported.
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 21283, district 03. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
Magnolia Oil & Gas Operating LLC has reported this lease for the whole period
No change of operator in the months we hold.
- Magnolia Oil & Gas Operating LLC Jan 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-149-32495 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 03, lease 21283.
Who buys and gathers
Who moves and buys this lease's production
Oil
Shell Trading (Us) Company gathers it.
100% of it, on the list since Oct 1, 2015
Gas from oil wells
Magnolia Oil & Gas Operating LLC buys it; Dcp Operating Company, LP gathers it.
Magnolia Oil & Gas Operating LLC buys it: 100% of it, on the list since Sep 1, 2018 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
263.68 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- Oct 18, 1991
- Latest permit
- Mar 9, 1992
A pooling certificate was filed
Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-32495 | 1 | Mar 9, 1992 | Oct 18, 1991 | 263.68 |
What the operator reported
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says OEDING-BACA UNIT sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 24 | 0 | 73 | 73 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 30 | 0 | 67 | 67 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 81 | 2 | 125 | 125 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 19 | 0 | 77 | 77 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | 65 | 65 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 0 | 0 | 71 | 71 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 0 | 0 | 73 | 73 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 0 | 0 | 65 | 65 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 0 | 0 | 60 | 60 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 0 | 0 | 60 | 60 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 0 | 0 | 52 | 52 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 17 | 0 | 29 | 29 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 0 | 0 | 35 | 35 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 0 | 0 | 44 | 44 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 0 | 0 | 39 | 39 | 0 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 0 | 0 | 37 | 37 | 0 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 0 | 0 | 39 | 39 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 0 | 0 | 51 | 51 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 0 | 0 | 44 | 44 | 0 | $71.90 | $2.52 |
| Nov 2023Magnolia Oil | 0 | 0 | 52 | 52 | 0 | $77.69 | $2.71 |
| Oct 2023Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Magnolia Oil | 0 | 0 | 40 | 40 | 0 | $89.43 | $2.64 |
| Aug 2023Magnolia Oil | 0 | 0 | 29 | 29 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for OEDING-BACA UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- ENVY SIX
194,757 bbl last 12 months
- ENVY FOUR
186,116 bbl last 12 months
- CY ONE
461,138 mcf last 12 months
- MARCUS THREE
2,093,008 mcf last 12 months
- DUBS HUSKY FOUR
1,323,328 mcf last 12 months
Giddings (Austin Chalk-3) field
- WILD BAND
1,418,825 mcf last 12 months
- SMOKEY SEVEN
1,238,821 mcf last 12 months
- TUSK SEVEN
2,088,312 mcf last 12 months
- TUSK THREE
1,776,461 mcf last 12 months
- TUSK FIVE
2,034,536 mcf last 12 months
Leases within 10 km
Found by the location of their wells.
- BACA-KARISCH UNIT
757 bbl last 12 months · 0.8 km away
- KASPER-BRUN UNIT
13 mcf last 12 months · 0.8 km away
- VENEMA-CLEAR LAKE PINES UNIT
559 bbl last 12 months · 1.4 km away
- KASPER, FRED
1,135 bbl last 12 months · 1.4 km away
- KARISCH-KARISCH "A" UNIT
983 bbl last 12 months · 1.7 km away
Drilling permits within 10 km
NELDA #1H
recompletion · horizontal · Ironbloom Operating, LLC · Lee County · 9.6 km away
Permit 0917170 · Jul 16, 2026
PIETSCH-TAYLOR UNIT #1H
new drill · horizontal · Dominance Energy, LLC · Fayette County · 9.2 km away
Permit 0900044 · May 31, 2024
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 21283, district 03, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.