Skip to content
Royalty Clerk

Texas oil lease

Producing

PAUL-LEHDE UNIT

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

4 wells

6,345bbl oil, last 12 months−9% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-21516

Is your check right?

Check my statement

Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
21,418 mcf
Oil in Jul 2026
560 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for PAUL-LEHDE UNIT, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 6,345 bbl in the 12 months through Jul 2026, against 7,009 bbl in the 12 months before.Last 12 months: 6,345 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for PAUL-LEHDE UNIT, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 6,345 bbl in the 12 months through Jul 2026, against 7,009 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2023 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Sep 2023 the lease's gas goes to a transmission line instead of a processing plantShare of PAUL-LEHDE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2023: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2023 the lease's gas goes to a transmission line instead of a processing plantShare of PAUL-LEHDE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Sep 23: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 3 times, most recently in Mar 2023

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating…Mar 2023 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on PAUL-LEHDE UNIT
API numberWell no.Status
42-051-326154Shut-in
42-051-328072Active
42-051-328473Active
42-051-333151Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jul 31, 2023–
Energy Transfer CompanyCasinghead gasBuys100Aug 31, 2007–
Energy Transfer CompanyCasinghead gasGathers100Aug 31, 2007–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 31, 2023
Shell Trading (Us) CompanyOilGathers100Nov 30, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers25Jun 1, 2012Nov 30, 2019
Flint Hills Resources, LPOilGathers75Jun 1, 2012Nov 30, 2019

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

Who buys my oilOil price check

360 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.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80 and 360 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Paul-Lehde Unit
API numberWell no.Acreson the permit
42-051-333151360
42-051-32847380
42-051-328072125
42-051-32615482

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 PAUL-LEHDE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil5605331,6271,6270$80.46$2.89
Jun 2026Magnolia Oil4835491,3971,3970$84.81$3.15
May 2026Magnolia Oil5735181,9821,9820$102.13$2.94
Apr 2026Magnolia Oil5615181,9561,9560$100.32$2.77
Mar 2026Magnolia Oil5726901,9841,9840$91.38$3.04
Feb 2026Magnolia Oil5375461,7671,7670$64.51$3.62
Jan 2026Magnolia Oil5835091,9901,9900$60.04$7.72
Dec 2025Magnolia Oil5905351,8981,8980$57.97$4.26
Nov 2025Magnolia Oil5707131,8991,8990$60.06$3.79
Oct 2025Magnolia Oil3231641,2101,2100$60.89$3.19
Sep 2025Magnolia Oil4355131,6871,6870$63.96$2.97
Aug 2025Magnolia Oil5585182,0212,0210$64.86$2.91
Jul 2025Magnolia Oil5647162,0922,0920$68.39$3.20
Jun 2025Magnolia Oil5475282,0102,0100$68.17$3.02
May 2025Magnolia Oil5695392,1072,1070$62.17$3.12
Apr 2025Magnolia Oil5965442,1222,1220$63.54$3.42
Mar 2025Magnolia Oil6197182,1512,1510$68.24$4.12
Feb 2025Magnolia Oil5095071,8921,8920$71.53$4.19
Jan 2025Magnolia Oil6425402,0782,0780$75.74$4.13
Dec 2024Magnolia Oil5545682,0652,0650$70.12$3.01
Nov 2024Magnolia Oil6457382,1142,1140$69.95$2.12
Oct 2024Magnolia Oil6487172,2332,2330$71.99$2.20
Sep 2024Magnolia Oil5623522,1072,1070$70.24$2.28
Aug 2024Magnolia Oil5545501,9361,9360$76.68$1.99
Jul 2024Magnolia Oil6167092,2142,2140$81.80$2.07
Jun 2024Magnolia Oil6265722,2452,2450$79.77$2.54
May 2024Magnolia Oil5285642,2682,2680$80.02$2.12
Apr 2024Magnolia Oil5415392,2032,2030$85.35$1.60
Mar 2024Magnolia Oil5485482,1782,1780$81.28$1.49
Feb 2024Magnolia Oil6267352,1942,1940$77.25$1.72
Jan 2024Magnolia Oil6535602,2502,2500$74.15$3.18
Dec 2023Magnolia Oil6817222,2752,2750$71.90$2.52
Nov 2023Magnolia Oil6315222,2152,2150$77.69$2.71
Oct 2023Magnolia Oil6005482,3102,3100$85.64$2.98
Sep 2023Magnolia Oil6026922,2972,2970$89.43$2.64
Aug 2023Magnolia Oil6587062,4242,4240$81.39$2.58

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