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Texas oil lease

Producing

OZIAS UNIT

Ozias Unit is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

550bbl oil, last 12 months−3% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-19824

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
6,319 mcf
Oil in Jul 2026
36 bbl

Production by month

Oil output fell 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for OZIAS UNIT, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 550 bbl in the 12 months through Jul 2026, against 569 bbl in the 12 months before.Last 12 months: 550 bblbbl per monthmcf per month0025500501,000751,5001002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for OZIAS UNIT, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 550 bbl in the 12 months through Jul 2026, against 569 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025500501,000751,5001002,000Jan 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 OZIAS UNIT 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 OZIAS UNIT 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 OZIAS UNIT
API numberWell no.Status
42-287-310861Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

169.49 acres on the newest permit

A pooling certificate was filed

Permits for Ozias Unit
API numberWell no.Acreson the permit
42-287-310861169.49

SourceRailroad Commission drilling permits, Sep 26, 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 OZIAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026361902152150$80.46$2.89
Jun 20265002132130$84.81$3.15
May 20261802792790$102.13$2.94
Apr 20263302722720$100.32$2.77
Mar 2026721734144140$91.38$3.04
Feb 20263604414410$64.51$3.62
Jan 20265306286280$60.04$7.72
Dec 20255306466460$57.97$4.26
Nov 2025501706416410$60.06$3.79
Oct 20255116546540$60.89$3.19
Sep 20254906576570$63.96$2.97
Aug 2025491791,2591,2590$64.86$2.91
Jul 20255201,5181,5180$68.39$3.20
Jun 20255201,5561,5560$68.17$3.02
May 20256101,5961,5960$62.17$3.12
Apr 2025791791,5641,5640$63.54$3.42
Mar 20259021,6751,6750$68.24$4.12
Feb 2025603063060$71.53$4.19
Jan 20250047470$75.74$4.13
Dec 2024201842532530$70.12$3.01
Nov 20244805875870$69.95$2.12
Oct 20244906176170$71.99$2.20
Sep 20244905965960$70.24$2.28
Aug 2024631885585580$76.68$1.99
Jul 20245014244240$81.80$2.07
Jun 20245015935930$79.77$2.54
May 20246025705700$80.02$2.12
Apr 2024141911541540$85.35$1.60
Mar 20245205795790$81.28$1.49
Feb 20245705175170$77.25$1.72
Jan 20245305305300$74.15$3.18
Dec 2023511715425420$71.90$2.52
Nov 20235605345340$77.69$2.71
Oct 20234205295290$85.64$2.98
Sep 2023321785575570$89.43$2.64
Aug 20235805735730$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Lee County

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