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Texas oil lease

Producing

PEPPERS GREEN

Peppers Green is an oil lease in Karnes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Sugarkane (Austin Chalk) field.

1 well

26,571bbl oil, last 12 months−76% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Karnes County
Field
Sugarkane (Austin Chalk)
RRC lease
02-12758

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
110,995 mcf
Oil in Jul 2026
2,970 bbl

Production by month

Oil output fell 76% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 76% over the last 12 monthsMonthly oil production and gas for PEPPERS GREEN, Jan 2024 to Jul 2026. Oil output fell 76% over the last 12 months. 26,571 bbl in the 12 months through Jul 2026, against 111,439 bbl in the 12 months before.Last 12 months: 26,571 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 76% over the last 12 monthsMonthly oil production and gas for PEPPERS GREEN, Jan 2024 to Jul 2026. Oil output fell 76% over the last 12 months. 26,571 bbl in the 12 months through Jul 2026, against 111,439 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

Flaring peaked at 4.8% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a transmission line in the last 12 monthsShare of PEPPERS GREEN gas by disposition code each month, Jan 2024 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 4.8% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.8%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of PEPPERS GREEN gas by disposition code each month, Jan 2024 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 4.8% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 4.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 208,675 mcf

  • Lease fuel (1)

    5.1% · 11,318 mcf

  • Flared (4)

    0.5% · 1,094 mcf

0.5% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on PEPPERS GREEN
API numberWell no.Status
42-255-37808104HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Phillips 66 CompanyOilGathers34Jan 3, 2024
Flint Hills Resources, LPOilGathers33Jan 3, 2024
Harvest Marketing & Trading, LLCOilGathers33Jan 3, 2024
Et Gathering & Processing LLCCasinghead gasBuys100Jan 3, 2024
Energy Transfer CompanyCasinghead gasGathers100Jan 3, 2024

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

Who buys my oilOil price check

1,055.84 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 Peppers Green
API numberWell no.Acreson the permit
42-255-37808104H1,055.84

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

31 months, newest first

Ledger for PEPPERS GREEN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,9702,99012,56411,33734$80.46$2.89
Jun 20262,9873,00511,63410,41625$84.81$3.15
May 20263,1713,1478,3607,11073$102.13$2.94
Apr 20262,7612,7576,5365,39889$100.32$2.77
Mar 20262,8192,7827,4816,11083$91.38$3.04
Feb 20261,4211,3823,0372,49540$64.51$3.62
Jan 2026104105000$60.04$7.72
Dec 20255262000$57.97$4.26
Nov 20253723532081802$60.06$3.79
Oct 2025471000$60.89$3.19
Sep 20253,8153,84624,04722,045104$63.96$2.97
Aug 20256,0956,08337,12836,178189$64.86$2.91
Jul 20256,2876,36140,36639,365229$68.39$3.20
Jun 20256,3536,36935,68634,828145$68.17$3.02
May 20257,1527,09634,04033,21381$62.17$3.12
Apr 20257,5077,53835,73434,674289$63.54$3.42
Mar 20258,1758,12438,60237,366444$68.24$4.12
Feb 20257,7687,78739,41137,927500$71.53$4.19
Jan 20259,0659,08144,95040,448399$75.74$4.13
Dec 20249,8389,80548,93344,79151$70.12$3.01
Nov 202410,08510,10550,58443,84981$69.95$2.12
Oct 202412,06412,29759,86554,18875$71.99$2.20
Sep 202412,87012,72048,86945,316148$70.24$2.28
Aug 202414,27514,30851,58247,922177$76.68$1.99
Jul 202414,61414,56748,16844,71867$81.80$2.07
Jun 202415,61815,54949,92846,68131$79.77$2.54
May 202418,79718,78551,46248,277138$80.02$2.12
Apr 202420,64420,63949,44545,713230$85.35$1.60
Mar 202425,75025,74541,12438,250320$81.28$1.49
Feb 202427,32127,33737,27933,4651,249$77.25$1.72
Jan 202426,46926,34833,07630,3851,585$74.15$3.18

Flared above 3%

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 LLCFieldSugarkane (Austin Chalk)CountyKarnes County

Magnolia Oil & Gas Operating LLC in Karnes County

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Sugarkane (Austin Chalk) field

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