Texas oil lease
ProducingOWENS
Owens is an oil lease in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Buda) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Burleson County
- Field
- Giddings (Buda)
- RRC lease
- 03-25231
Is your check right?
Where it sits
This 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
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed 3 times, most recently in Mar 2023
- Magnolia Oil & Gas Operating LLC Mar 2023 to now
- Daylight Petroleum LLC Mar 2022 to Feb 2023
- FDL Operating, LLC Apr 2020 to Feb 2022
- Sheridan Production Company, LLC Jan 2020 to Mar 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-051-32582 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Company | Oil | Gathers | 100 | Jul 31, 2023 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Jan 5, 2008 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Jan 5, 2008 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | May 1, 2020 | Jul 31, 2023 |
| Shell Trading (Us) Company | Oil | Gathers | 100 | Nov 30, 2019 | May 1, 2020 |
| Enterprise Crude Oil LLC | Oil | Gathers | 25 | Jun 1, 2012 | Nov 30, 2019 |
| Flint Hills Resources, LP | Oil | Gathers | 75 | Jun 1, 2012 | Nov 30, 2019 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 221 | 163 | 241 | 241 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 1 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | 47 | 47 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | 76 | 76 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 201 | 201 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | 318 | 318 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 189 | 174 | 528 | 528 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 196 | 179 | 517 | 517 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 237 | 372 | 561 | 561 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 208 | 355 | 543 | 543 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 313 | 179 | 310 | 310 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 70 | 0 | 399 | 399 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 108 | 178 | 317 | 317 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 0 | 0 | 408 | 408 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 281 | 358 | 507 | 507 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 113 | 0 | 435 | 435 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 68 | 0 | 414 | 414 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 166 | 170 | 482 | 482 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 200 | 187 | 514 | 514 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 163 | 179 | 527 | 527 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 198 | 184 | 560 | 560 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 175 | 161 | 522 | 522 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 167 | 172 | 542 | 542 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 178 | 164 | 533 | 533 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 195 | 347 | 256 | 256 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 215 | 177 | 469 | 469 | 0 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 266 | 184 | 508 | 508 | 0 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 165 | 181 | 413 | 413 | 0 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 217 | 335 | 490 | 490 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 213 | 177 | 481 | 481 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 227 | 179 | 531 | 531 | 0 | $71.90 | $2.52 |
| Nov 2023Magnolia Oil | 235 | 180 | 532 | 532 | 0 | $77.69 | $2.71 |
| Oct 2023Magnolia Oil | 214 | 183 | 552 | 552 | 0 | $85.64 | $2.98 |
| Sep 2023Magnolia Oil | 368 | 354 | 493 | 493 | 0 | $89.43 | $2.64 |
| Aug 2023Magnolia Oil | 21 | 173 | 524 | 524 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Burleson County
- CHMELAR, EUGENE UNIT
1,681 bbl
- BI - COUNTY
1,446 bbl
- SEBESTA UNIT "A"
1,335 bbl
- BAILEY UNIT
1,553 bbl
- ANN LOUISE
1,394 bbl
- SEBESTA
919 bbl
- SMITH-CALVIN UNIT
1,051 bbl
- WINCHESTER UNIT
1,305 bbl
- MATCEK, F.
919 bbl
- MACHEMEHL
745 bbl
Giddings (Buda) field
- GARY BRYANT
1,274 bbl
- PATRANELLA, C.
1,595 bbl
- PATE UNIT
1,222 bbl
- HERRMANN, ROY
1,507 bbl
- HULLABALOO
12,284 mcf
- WILLIAMS MINERALS
1,497 bbl
- WINCHESTER UNIT
1,305 bbl
- JAVELINA UNIT
1,059 bbl
- PERKINS - YAGER
1,409 bbl
- GOODLAND
1,393 bbl
Leases within 10 km
- ROBERTS, A.H.
868 bbl · 0.4 km
- EHLERT UNIT NO. 1
2,372 bbl · 0.5 km
- CHACHERE, HAZEL J. "A"
1,537 bbl · 0.5 km
- JERKINS
9 bbl · 0.7 km
- JACKSON UNIT
428 bbl · 0.8 km
- PORTER "H" UNIT
625 bbl · 0.8 km
- SKRIVANEK, JOSEPH J. JR.
2,193 bbl · 0.9 km
- EHLERT, BILLIE
0 bbl · 1 km
- SKRIVANEK, JOSEPH J. JR.
3,967 bbl · 1.1 km
- CLARK UNIT
0 bbl · 1.1 km
Drilling permits within 10 km
ASCARI ALLOC. #2HE
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Burleson County · 8.3 km
Permit 0918702 · Sep 24, 2026
ASCARI UNIT #3HE
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Burleson County · 8.3 km
Permit 0918701 · Sep 23, 2026
BRECK EF UNIT #3HE
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Burleson County · 8.3 km
Permit 0918786 · Sep 22, 2026
FAIRWAY B #13HA
new drill · horizontal · Wildfire Energy Operating LLC · Burleson County · 5 km
Permit 0916830 · Jul 6, 2026
FAIRWAY A #11HA
new drill · horizontal · Wildfire Energy Operating LLC · Burleson County · 7.5 km
Permit 0916829 · Jul 6, 2026