Skip to content
Royalty Clerk

Texas oil lease

Producing

OZZIE

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

1 well

17,660bbl oil, last 12 months−26% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-27920

Is your check right?

Check my statement

Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
31,743 mcf
Oil in Jul 2026
1,170 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for OZZIE, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 17,660 bbl in the 12 months through Jul 2026, against 23,872 bbl in the 12 months before.Last 12 months: 17,660 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for OZZIE, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 17,660 bbl in the 12 months through Jul 2026, against 23,872 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 3.6% of the gas in Sep 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of OZZIE gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.6% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of OZZIE gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.6% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 3.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 31,599 mcf

  • Flared (4)

    0.5% · 144 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 2 times, most recently in Dec 2023

Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jul 2021 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 202620222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, L…Jul 2021 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating…Dec 2023 to now
Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jul 2021 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 202620222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, LLCJul 2021 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on OZZIE
API numberWell no.Status
42-051-342901HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers75Dec 1, 2021–
4J Energy, LLCOilGathers25Dec 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Jul 14, 2021–
Energy Transfer CompanyCasinghead gasGathers100Jul 14, 2021–
Energy Trans Crude Marketing LLCOilGathers100Jul 14, 2021Dec 1, 2021

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

Who buys my oilOil price check

968.91 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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.

Check your decimal on this lease
Permits for Ozzie
API numberWell no.Acreson the permit
42-051-342901HA968.91

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 OZZIE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil1,1701,0632,0162,0160$80.46$2.89
Jun 2026Magnolia Oil1,4471,4072,8472,8470$84.81$3.15
May 2026Magnolia Oil1,7091,6093,1713,12942$102.13$2.94
Apr 2026Magnolia Oil9691,2322,1912,1910$100.32$2.77
Mar 2026Magnolia Oil1,6331,4223,1793,1790$91.38$3.04
Feb 2026Magnolia Oil1,1421,2492,2292,2290$64.51$3.62
Jan 2026Magnolia Oil1,5821,6052,9892,9845$60.04$7.72
Dec 2025Magnolia Oil1,4661,2422,4822,4820$57.97$4.26
Nov 2025Magnolia Oil1,6321,7652,8182,8180$60.06$3.79
Oct 2025Magnolia Oil1,7971,7632,8892,8890$60.89$3.19
Sep 2025Magnolia Oil1,7421,6042,7292,63297$63.96$2.97
Aug 2025Magnolia Oil1,3711,4152,2032,2030$64.86$2.91
Jul 2025Magnolia Oil2,1932,2982,9792,9790$68.39$3.20
Jun 2025Magnolia Oil1,3791,3692,2132,2121$68.17$3.02
May 2025Magnolia Oil2,3942,2973,0983,0135$62.17$3.12
Apr 2025Magnolia Oil1,7411,7422,4052,4050$63.54$3.42
Mar 2025Magnolia Oil1,8671,8202,6692,6636$68.24$4.12
Feb 2025Magnolia Oil7947881,1051,08817$71.53$4.19
Jan 2025Magnolia Oil2,5212,7503,4133,4130$75.74$4.13
Dec 2024Magnolia Oil2,7742,6853,1983,1980$70.12$3.01
Nov 2024Magnolia Oil1,5771,5752,0512,0510$69.95$2.12
Oct 2024Magnolia Oil1,4661,4431,7481,7480$71.99$2.20
Sep 2024Magnolia Oil2,0281,9752,3322,3320$70.24$2.28
Aug 2024Magnolia Oil3,1383,1773,2123,20012$76.68$1.99
Jul 2024Magnolia Oil3,3053,3112,9562,94511$81.80$2.07
Jun 2024Magnolia Oil3,2333,4122,4672,4670$79.77$2.54
May 2024Magnolia Oil2,4582,2119149140$80.02$2.12
Apr 2024Magnolia Oil1,6821,8033,1733,1730$85.35$1.60
Mar 2024Magnolia Oil3,5263,4806,1076,1070$81.28$1.49
Feb 2024Magnolia Oil3,1803,1505,2245,2240$77.25$1.72
Jan 2024Magnolia Oil3,6573,8155,9005,9000$74.15$3.18
Dec 2023Magnolia Oil3,6843,5746,0536,0530$71.90$2.52
Nov 2023LRR Pecos4,6254,7576,3436,3430$77.69$2.71
Oct 2023LRR Pecos4,0663,9986,2106,2100$85.64$2.98
Sep 2023LRR Pecos4,6654,6246,4956,4950$89.43$2.64
Aug 2023LRR Pecos3,9403,9605,2465,22917$81.39$2.58

Flared above 3%

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Burleson County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km