Texas oil lease
ProducingOWENS, JOHN C.
Owens, John C. is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-15898
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 19,997 mcf
- Oil in Jul 2026
- 48 bbl
Production by month
Oil output rose 48% 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.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-149-31328 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Shell Trading (Us) Company | Oil | Gathers | 100 | Oct 1, 2015 |
| Magnolia Oil & Gas Operating LLC | Casinghead gas | Buys | 100 | Sep 1, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
116.95 acres on the newest permit
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-31328 | 1 | Feb 14, 2001 | Aug 11, 1982 | 116.95 |
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 2026 | 48 | 172 | 1,448 | 1,448 | 0 | $80.46 | $2.89 |
| Jun 2026 | 58 | 0 | 1,682 | 1,682 | 0 | $84.81 | $3.15 |
| May 2026 | 55 | 0 | 1,615 | 1,615 | 0 | $102.13 | $2.94 |
| Apr 2026 | 55 | 189 | 1,598 | 1,598 | 0 | $100.32 | $2.77 |
| Mar 2026 | 98 | 0 | 1,919 | 1,919 | 0 | $91.38 | $3.04 |
| Feb 2026 | 32 | 0 | 958 | 958 | 0 | $64.51 | $3.62 |
| Jan 2026 | 87 | 190 | 1,485 | 1,485 | 0 | $60.04 | $7.72 |
| Dec 2025 | 123 | 0 | 1,282 | 1,282 | 0 | $57.97 | $4.26 |
| Nov 2025 | 0 | 0 | 4,389 | 4,389 | 0 | $60.06 | $3.79 |
| Oct 2025 | 0 | 0 | 3,590 | 3,590 | 0 | $60.89 | $3.19 |
| Sep 2025 | 0 | 0 | 31 | 31 | 0 | $63.96 | $2.97 |
| Aug 2025 | 0 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025 | 0 | 0 | 133 | 133 | 0 | $68.39 | $3.20 |
| Jun 2025 | 5 | 99 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025 | 26 | 0 | 1,126 | 1,126 | 0 | $62.17 | $3.12 |
| Apr 2025 | 44 | 1 | 1,641 | 1,641 | 0 | $63.54 | $3.42 |
| Mar 2025 | 66 | 190 | 1,639 | 1,639 | 0 | $68.24 | $4.12 |
| Feb 2025 | 60 | 0 | 2,794 | 2,794 | 0 | $71.53 | $4.19 |
| Jan 2025 | 0 | 2 | 265 | 265 | 0 | $75.74 | $4.13 |
| Dec 2024 | 16 | 0 | 726 | 726 | 0 | $70.12 | $3.01 |
| Nov 2024 | 37 | 0 | 1,493 | 1,493 | 0 | $69.95 | $2.12 |
| Oct 2024 | 43 | 0 | 1,351 | 1,351 | 0 | $71.99 | $2.20 |
| Sep 2024 | 33 | 171 | 1,589 | 1,589 | 0 | $70.24 | $2.28 |
| Aug 2024 | 45 | 0 | 1,413 | 1,413 | 0 | $76.68 | $1.99 |
| Jul 2024 | 10 | 0 | 1,128 | 1,128 | 0 | $81.80 | $2.07 |
| Jun 2024 | 81 | 190 | 1,301 | 1,301 | 0 | $79.77 | $2.54 |
| May 2024 | 159 | 0 | 2,238 | 2,238 | 0 | $80.02 | $2.12 |
| Apr 2024 | 11 | 190 | 363 | 363 | 0 | $85.35 | $1.60 |
| Mar 2024 | 41 | 1 | 1,517 | 1,517 | 0 | $81.28 | $1.49 |
| Feb 2024 | 46 | 0 | 1,343 | 1,343 | 0 | $77.25 | $1.72 |
| Jan 2024 | 40 | 0 | 1,466 | 1,466 | 0 | $74.15 | $3.18 |
| Dec 2023 | 46 | 0 | 1,576 | 1,576 | 0 | $71.90 | $2.52 |
| Nov 2023 | 44 | 0 | 1,421 | 1,421 | 0 | $77.69 | $2.71 |
| Oct 2023 | 39 | 191 | 1,598 | 1,598 | 0 | $85.64 | $2.98 |
| Sep 2023 | 38 | 0 | 1,467 | 1,467 | 0 | $89.43 | $2.64 |
| Aug 2023 | 41 | 0 | 1,472 | 1,472 | 0 | $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
Magnolia Oil & Gas Operating LLC in Fayette County
- DEBAKEY UNIT
18,411 mcf
- MEINEN OL UNIT 2
30,041 mcf
- JURK-GIESE UNIT
1,256 bbl
- WALTHER-HEMPEL UNIT
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- ELLIOTT OIL UNIT #2
1,171 bbl
- EISENHOWER UNIT
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- SCHULZ-ARMSTRONG UNIT
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- JONES UNIT
19,729 mcf
- KONVICKA
24,967 mcf
- GARNET UNIT
23,959 mcf
Giddings (Austin Chalk-3) field
- EAGLETON-KRENEK UNIT
1,363 bbl
- HORNED FROG
1,424 bbl
- CHARLOTTE
1,332 bbl
- SIEGMUND, LLOYD UNIT
1,286 bbl
- BAY
33,112 mcf
- GREGORY, MARGARET UNIT
1,365 bbl
- ALICE
32,693 mcf
- RIGHTMER 'A' UNIT
1,393 bbl
- BETTY
32,728 mcf
- WALTHER-HEMPEL UNIT
907 bbl
Leases within 10 km
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0 bbl · 1 km
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0 mcf · 1.4 km
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0 bbl · 1.5 km
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Drilling permits within 10 km
ALE TWO #H 02HA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 5.6 km
Permit 0908941 · Jul 7, 2025
HEADLINER ONE #H 01HA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 5.6 km
Permit 0908940 · Jul 1, 2025
TOOTH FOUR #H 04ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 3 km
Permit 0907587 · Apr 30, 2025
TOOTH SIX #H 06ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 3 km
Permit 0907588 · Apr 29, 2025
TOOTH TWO #H 02ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 3 km
Permit 0907586 · Apr 25, 2025