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Royalty Clerk

Texas gas well

Producing

PENICK

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

1 well

8,424mcf gas, last 12 months−12% vs prior year
RRC lease
03-193972

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil, last 12 months
23 bbl
Gas in Jul 2026
687 mcf

Production by month

Gas output fell 12% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 12% over the last 12 monthsMonthly gas production and oil for PENICK, Aug 2023 to Jul 2026. Gas output fell 12% over the last 12 months. 8,424 mcf in the 12 months through Jul 2026, against 9,595 mcf in the 12 months before.Last 12 months: 8,424 mcfmcf per monthbbl per month00500101,000201,500302,000402,50050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 12% over the last 12 monthsMonthly gas production and oil for PENICK, Aug 2023 to Jul 2026. Gas output fell 12% over the last 12 months. 8,424 mcf in the 12 months through Jul 2026, against 9,595 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500101,000201,500302,000402,50050Jan 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 PENICK 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 PENICK 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 PENICK
API numberWell no.Status
42-149-326561REActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyCondensateGathers34Oct 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers33Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018–
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017–
Shell Trading (Us) CompanyCondensateGathers100Oct 1, 2015Oct 1, 2025

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

242.46 acres on the newest permit

A pooling certificate was filed

Permits for Penick
API numberWell no.Acreson the permit
42-149-326561RE242.46

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 PENICK
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026006876870$80.46$2.89
Jun 2026006656650$84.81$3.15
May 2026006756750$102.13$2.94
Apr 2026005875870$100.32$2.77
Mar 20262303213210$91.38$3.04
Feb 2026007387380$64.51$3.62
Jan 2026008538530$60.04$7.72
Dec 2025008558550$57.97$4.26
Nov 2025008038030$60.06$3.79
Oct 2025007907900$60.89$3.19
Sep 2025007297290$63.96$2.97
Aug 2025007217210$64.86$2.91
Jul 2025007077070$68.39$3.20
Jun 2025007997990$68.17$3.02
May 2025008488480$62.17$3.12
Apr 202501458588580$63.54$3.42
Mar 2025008528520$68.24$4.12
Feb 2025007507500$71.53$4.19
Jan 202500000$75.74$4.13
Dec 2024005465460$70.12$3.01
Nov 2024001,0451,0450$69.95$2.12
Oct 2024001,0551,0550$71.99$2.20
Sep 2024001,0221,0220$70.24$2.28
Aug 2024001,1131,1130$76.68$1.99
Jul 2024004034030$81.80$2.07
Jun 2024006966960$79.77$2.54
May 2024009409400$80.02$2.12
Apr 2024001431430$85.35$1.60
Mar 2024005385380$81.28$1.49
Feb 2024001,1401,1400$77.25$1.72
Jan 2024505085080$74.15$3.18
Dec 20232011381380$71.90$2.52
Nov 20232805935930$77.69$2.71
Oct 20232201,5101,5100$85.64$2.98
Sep 202349362,3922,3920$89.43$2.64
Aug 20232212,4182,4180$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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