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Texas oil lease

Producing

OWENS

Owens is an oil lease in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Buda) field.

1 well

1,365bbl oil, last 12 months−20% vs prior year
RRC lease
03-25231

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
3,342 mcf
Oil in Jul 2026
221 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for OWENS, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 1,365 bbl in the 12 months through Jul 2026, against 1,709 bbl in the 12 months before.Last 12 months: 1,365 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for OWENS, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 1,365 bbl in the 12 months through Jul 2026, against 1,709 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 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 OWENS 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 OWENS 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 3 times, most recently in Mar 2023

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating…Mar 2023 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on OWENS
API numberWell no.Status
42-051-325821Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jul 31, 2023–
Energy Transfer CompanyCasinghead gasBuys100Jan 5, 2008–
Energy Transfer CompanyCasinghead gasGathers100Jan 5, 2008–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 31, 2023
Shell Trading (Us) CompanyOilGathers100Nov 30, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers25Jun 1, 2012Nov 30, 2019
Flint Hills Resources, LPOilGathers75Jun 1, 2012Nov 30, 2019

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

73.16 acres on the newest permit

Permits for Owens
API numberWell no.Acreson the permit
42-051-32582173.16

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 OWENS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil2211632412410$80.46$2.89
Jun 2026Magnolia Oil10000$84.81$3.15
May 2026Magnolia Oil00000$102.13$2.94
Apr 2026Magnolia Oil0047470$100.32$2.77
Mar 2026Magnolia Oil0076760$91.38$3.04
Feb 2026Magnolia Oil002012010$64.51$3.62
Jan 2026Magnolia Oil003183180$60.04$7.72
Dec 2025Magnolia Oil1891745285280$57.97$4.26
Nov 2025Magnolia Oil1961795175170$60.06$3.79
Oct 2025Magnolia Oil2373725615610$60.89$3.19
Sep 2025Magnolia Oil2083555435430$63.96$2.97
Aug 2025Magnolia Oil3131793103100$64.86$2.91
Jul 2025Magnolia Oil7003993990$68.39$3.20
Jun 2025Magnolia Oil1081783173170$68.17$3.02
May 2025Magnolia Oil004084080$62.17$3.12
Apr 2025Magnolia Oil2813585075070$63.54$3.42
Mar 2025Magnolia Oil11304354350$68.24$4.12
Feb 2025Magnolia Oil6804144140$71.53$4.19
Jan 2025Magnolia Oil1661704824820$75.74$4.13
Dec 2024Magnolia Oil2001875145140$70.12$3.01
Nov 2024Magnolia Oil1631795275270$69.95$2.12
Oct 2024Magnolia Oil1981845605600$71.99$2.20
Sep 2024Magnolia Oil1751615225220$70.24$2.28
Aug 2024Magnolia Oil1671725425420$76.68$1.99
Jul 2024Magnolia Oil1781645335330$81.80$2.07
Jun 2024Magnolia Oil1953472562560$79.77$2.54
May 2024Magnolia Oil2151774694690$80.02$2.12
Apr 2024Magnolia Oil2661845085080$85.35$1.60
Mar 2024Magnolia Oil1651814134130$81.28$1.49
Feb 2024Magnolia Oil2173354904900$77.25$1.72
Jan 2024Magnolia Oil2131774814810$74.15$3.18
Dec 2023Magnolia Oil2271795315310$71.90$2.52
Nov 2023Magnolia Oil2351805325320$77.69$2.71
Oct 2023Magnolia Oil2141835525520$85.64$2.98
Sep 2023Magnolia Oil3683544934930$89.43$2.64
Aug 2023Magnolia Oil211735245240$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 Burleson County

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Giddings (Buda) field

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