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Texas gas well

Producing

PAAPE UNIT

Paape Unit is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

6,197mcf gas, last 12 months−48% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-175997

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, last 12 months
80 bbl
Gas in Jul 2026
0 mcf

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 1% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 48% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 48% over the last 12 monthsMonthly gas production and oil for PAAPE UNIT, Aug 2023 to Jul 2026. Gas output fell 48% over the last 12 months. 6,197 mcf in the 12 months through Jul 2026, against 12,032 mcf in the 12 months before.Last 12 months: 6,197 mcfmcf per monthbbl per month00500201,000401,500602,000802,500100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 48% over the last 12 monthsMonthly gas production and oil for PAAPE UNIT, Aug 2023 to Jul 2026. Gas output fell 48% over the last 12 months. 6,197 mcf in the 12 months through Jul 2026, against 12,032 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500201,000401,500602,000802,500100Jan 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 PAAPE 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 PAAPE 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 PAAPE UNIT
API numberWell no.Status
42-149-318221REActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyCondensateGathers100Oct 1, 2015
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

280.33 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Paape Unit
API numberWell no.Acreson the permit
42-149-318221RE280.33

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 PAAPE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202621220$84.81$3.15
May 20261113130$102.13$2.94
Apr 202610770$100.32$2.77
Mar 20261305475470$91.38$3.04
Feb 20261506096090$64.51$3.62
Jan 20262301,1591,1590$60.04$7.72
Dec 20251005005000$57.97$4.26
Nov 2025905075070$60.06$3.79
Oct 2025609839830$60.89$3.19
Sep 2025008808800$63.96$2.97
Aug 202501899909900$64.86$2.91
Jul 20255109749740$68.39$3.20
Jun 20251801,1301,1300$68.17$3.02
May 20251809899890$62.17$3.12
Apr 20251709299290$63.54$3.42
Mar 20252209939930$68.24$4.12
Feb 20254812,0782,0780$71.53$4.19
Jan 2025003213210$75.74$4.13
Dec 2024521751750$70.12$3.01
Nov 2024201701,1631,1630$69.95$2.12
Oct 20241901,1921,1920$71.99$2.20
Sep 20241601,0311,0310$70.24$2.28
Aug 20241911,0571,0570$76.68$1.99
Jul 2024606296290$81.80$2.07
Jun 20241518568560$79.77$2.54
May 20242801,8311,8310$80.02$2.12
Apr 2024204134130$85.35$1.60
Mar 20241505625620$81.28$1.49
Feb 20243211,5221,5220$77.25$1.72
Jan 2024271811,3801,3800$74.15$3.18
Dec 20231105935930$71.90$2.52
Nov 20231008108100$77.69$2.71
Oct 2023505525520$85.64$2.98
Sep 20231007877870$89.43$2.64
Aug 20231501,0481,0480$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

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

Magnolia Oil & Gas Operating LLC in Fayette County

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Giddings (Austin Chalk-3) field

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