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Texas gas well

Producing

PRESERVE HILLS

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

1 well

401,037mcf gas, last 12 months−69% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-297840

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Oil, last 12 months
40,332 bbl
Gas in Jul 2026
31,200 mcf

Production by month

Gas output fell 69% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 69% over the last 12 monthsMonthly gas production and oil for PRESERVE HILLS, Feb 2024 to Jul 2026. Gas output fell 69% over the last 12 months. 401,037 mcf in the 12 months through Jul 2026, against 1,294,562 mcf in the 12 months before.Last 12 months: 401,037 mcfmcf per monthbbl per month00100k10k200k20k300k30k400k40kApr 24JulOctJan 25AprJulOctJan 26AprJul
Gas output fell 69% over the last 12 monthsMonthly gas production and oil for PRESERVE HILLS, Feb 2024 to Jul 2026. Gas output fell 69% over the last 12 months. 401,037 mcf in the 12 months through Jul 2026, against 1,294,562 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00100k10k200k20k300k30k400k40kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the last 12 monthsShare of PRESERVE HILLS gas by disposition code each month, Feb 2024 to Jul 2026. 96% 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%Apr 24JulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of PRESERVE HILLS gas by disposition code each month, Feb 2024 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 386,401 mcf

  • Lease fuel (1)

    3.5% · 14,036 mcf

  • Flared (4)

    0.1% · 600 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on PRESERVE HILLS
API numberWell no.Status
42-477-31270H 04DPActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCCondensateGathers34Feb 26, 2024
Energy Trans Crude Marketing LLCCondensateGathers33Feb 26, 2024
Shell Trading (Us) CompanyCondensateGathers33Feb 26, 2024
Amp Texas Pipelines, LLCGas-well gasBuys100Feb 26, 2024
Amp Texas Pipelines, LLCGas-well gasGathers100Feb 26, 2024

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

Who buys my oilOil price check

786.56 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 Preserve Hills
API numberWell no.Acreson the permit
42-477-31270H 04DP786.56

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

30 months, newest first

Ledger for PRESERVE HILLS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4352,41231,20029,90252$80.46$2.89
Jun 20262,4062,42631,18529,95783$84.81$3.15
May 20262,8973,00733,72132,49130$102.13$2.94
Apr 20262,9482,91433,72332,50721$100.32$2.77
Mar 20263,2073,20835,01733,71910$91.38$3.04
Feb 20262,8462,80131,58130,144182$64.51$3.62
Jan 20263,2743,27935,07333,658119$60.04$7.72
Dec 20253,6913,70336,35535,03327$57.97$4.26
Nov 20253,8603,81635,17534,05115$60.06$3.79
Oct 20254,2104,25935,58334,41429$60.89$3.19
Sep 20254,7184,70737,26136,12320$63.96$2.97
Aug 20253,8403,62525,16324,40212$64.86$2.91
Jul 2025232000$68.39$3.20
Jun 20253,2623,32039,95238,79432$68.17$3.02
May 20258,8048,813105,164102,87468$62.17$3.12
Apr 20257,5147,54098,73396,61672$63.54$3.42
Mar 20258,6098,592109,041106,1951,359$68.24$4.12
Feb 20257,4457,55396,70294,3371,280$71.53$4.19
Jan 20259,3599,199118,448115,8701,705$75.74$4.13
Dec 202411,63311,682143,312142,40132$70.12$3.01
Nov 20247,4777,91583,93382,951221$69.95$2.12
Oct 202413,61813,365168,428167,224442$71.99$2.20
Sep 202411,40811,299146,540146,45221$70.24$2.28
Aug 202415,57815,769184,309184,2914$76.68$1.99
Jul 202416,64316,746197,424196,815117$81.80$2.07
Jun 202421,02620,814239,379238,46790$79.77$2.54
May 202425,14025,365270,600269,613146$80.02$2.12
Apr 202427,31627,086272,445271,131596$85.35$1.60
Mar 202427,14527,222261,227259,844709$81.28$1.49
Feb 20241,8441,49920,67520,327292$77.25$1.72

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

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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Washington County

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