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Texas gas well

Producing

OLDENBURG B

Oldenburg B is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

4,238mcf gas, last 12 months−35% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-148592

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas in Jul 2026
349 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 35% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for OLDENBURG B, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 4,238 mcf in the 12 months through Jul 2026, against 6,556 mcf in the 12 months before.Last 12 months: 4,238 mcfmcf per monthbbl per month002001400260038004Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for OLDENBURG B, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 4,238 mcf in the 12 months through Jul 2026, against 6,556 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002001400260038004Jan 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 OLDENBURG B 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 OLDENBURG B 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.

1 well on this lease

Wells on OLDENBURG B
API numberWell no.Status
42-149-328322Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyCondensateGathers34Oct 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers33Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018–
Energy Transfer CompanyGas-well gasGathers100May 1, 2005–
Shell Trading (Us) CompanyCondensateGathers100Oct 1, 2015Oct 1, 2025

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

Who buys my oilOil price check

402.20 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.

Check your decimal on this lease
Permits for Oldenburg B
API numberWell no.Acreson the permit
42-149-328322402.20

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

Unit decimal checker

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 OLDENBURG B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026003493490$80.46$2.89
Jun 2026003173170$84.81$3.15
May 2026002302300$102.13$2.94
Apr 2026002662660$100.32$2.77
Mar 2026003013010$91.38$3.04
Feb 2026003223220$64.51$3.62
Jan 2026004504500$60.04$7.72
Dec 2025004254250$57.97$4.26
Nov 2025003863860$60.06$3.79
Oct 2025004304300$60.89$3.19
Sep 2025003693690$63.96$2.97
Aug 2025003933930$64.86$2.91
Jul 2025004404400$68.39$3.20
Jun 2025005225220$68.17$3.02
May 2025005685680$62.17$3.12
Apr 2025005605600$63.54$3.42
Mar 202501025775770$68.24$4.12
Feb 2025055425420$71.53$4.19
Jan 2025055975970$75.74$4.13
Dec 2024005865860$70.12$3.01
Nov 2024005275270$69.95$2.12
Oct 2024005505500$71.99$2.20
Sep 2024005405400$70.24$2.28
Aug 2024005475470$76.68$1.99
Jul 2024006096090$81.80$2.07
Jun 2024006076070$79.77$2.54
May 2024006526520$80.02$2.12
Apr 2024006656650$85.35$1.60
Mar 2024006486480$81.28$1.49
Feb 2024003643640$77.25$1.72
Jan 2024002152150$74.15$3.18
Dec 2023003503500$71.90$2.52
Nov 202300000$77.69$2.71
Oct 2023004424420$85.64$2.98
Sep 2023004484480$89.43$2.64
Aug 2023314424420$81.39$2.58

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

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Nearby

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Fayette County

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