Texas gas well · RRC district 03 · Lease 296047
ProducingQUEENS
Queens is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 296,539 mcf of gas in the 12 months through Jul 2026.
Gas well dossier · 1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-296047
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Where it sits
This county
- Oil, last 12 months
- 15,091 bbl
- Gas in Jul 2026
- 22,728 mcf
- Reporting to the state
- since Feb 2023
- Wells
- 1
Production
Month by month, from the state record
Gas output fell 32% over the last 12 months
296,539 mcf in the 12 months through Jul 2026, against 437,616 mcf in the 12 months before.
- Gas (bars, left axis)
- Oil (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, gas well 296047, district 03. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Over 99% of the gas went to a transmission line in the last 12 months
Each bar is one month. Colors are the disposition codes the operator reported.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 296047, district 03. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
Lease fuel (1)
Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.
Flared (4)
Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.
Over the last 12 months, 0.3% of the gas was flared. No month went above 3%.
Operator history
Who has run this lease
Magnolia Oil & Gas Operating LLC has reported this lease for the whole period
No change of operator in the months we hold.
- Magnolia Oil & Gas Operating LLC Feb 2023 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-149-33560 | H 01QG | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 03, lease 296047.
Who buys and gathers
Who moves and buys this lease's production
Condensate
Energy Trans Crude Marketing LLC, Enterprise Crude Oil LLC and Shell Trading (Us) Company gather it.
Energy Trans Crude Marketing LLC gathers it: 34% of it, on the list since Feb 12, 2023 · Enterprise Crude Oil LLC gathers it: 33% of it, on the list since Feb 12, 2023 · Shell Trading (Us) Company gathers it: 33% of it, on the list since Feb 12, 2023
Gas from gas wells
Energy Transfer Company buys and gathers it.
Energy Transfer Company buys it: 100% of it, on the list since Feb 12, 2023 · Energy Transfer Company gathers it: 100% of it, on the list since Feb 12, 2023
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
1,671.06 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- Feb 12, 2023
- Latest permit
- Sep 15, 2022
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-33560 | H 01QG | Sep 15, 2022 | Feb 12, 2023 | 1,671.06 |
What the operator reported
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says QUEENS sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 1,116 | 1,117 | 22,728 | 22,575 | 121 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 1,217 | 1,222 | 23,226 | 23,159 | 32 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 1,105 | 1,126 | 23,610 | 23,482 | 94 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 1,233 | 1,237 | 27,476 | 27,373 | 51 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 1,053 | 1,060 | 17,997 | 17,923 | 31 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 1,290 | 1,277 | 22,576 | 22,439 | 80 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 1,322 | 1,367 | 26,072 | 25,827 | 197 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 1,368 | 1,388 | 25,904 | 25,757 | 37 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 1,291 | 1,225 | 24,539 | 24,445 | 50 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 1,351 | 1,326 | 26,691 | 26,582 | 34 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 1,285 | 1,261 | 26,703 | 26,592 | 48 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 1,460 | 1,504 | 29,017 | 28,905 | 58 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 1,535 | 1,533 | 30,393 | 30,305 | 22 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 1,601 | 1,613 | 30,805 | 30,705 | 30 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 1,804 | 1,856 | 32,923 | 32,810 | 38 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 1,584 | 1,502 | 32,996 | 32,885 | 24 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 1,945 | 1,973 | 36,184 | 36,052 | 51 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 1,847 | 1,774 | 33,585 | 33,465 | 49 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 2,043 | 2,028 | 35,935 | 35,728 | 105 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 2,169 | 2,202 | 37,154 | 37,003 | 32 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 2,176 | 2,140 | 38,113 | 37,927 | 35 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 2,254 | 2,217 | 41,304 | 41,081 | 55 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 2,282 | 2,511 | 42,727 | 42,548 | 36 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 4,990 | 4,840 | 45,497 | 45,352 | 29 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 2,560 | 2,681 | 54,670 | 54,513 | 37 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 2,327 | 2,221 | 48,144 | 48,008 | 33 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 2,486 | 2,628 | 47,075 | 46,889 | 75 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 2,922 | 2,922 | 51,595 | 51,280 | 192 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 3,082 | 2,926 | 53,798 | 53,596 | 76 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 2,922 | 3,032 | 46,546 | 46,192 | 252 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 2,258 | 2,238 | 37,905 | 37,667 | 124 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 3,629 | 3,740 | 56,921 | 56,525 | 101 | $71.90 | $2.52 |
| Nov 2023Magnolia Oil | 3,093 | 2,805 | 48,571 | 47,913 | 317 | $77.69 | $2.71 |
| Oct 2023Magnolia Oil | 3,252 | 3,370 | 46,942 | 46,171 | 224 | $85.64 | $2.98 |
| Sep 2023Magnolia Oil | 4,292 | 4,264 | 61,835 | 61,081 | 133 | $89.43 | $2.64 |
| Aug 2023Magnolia Oil | 4,928 | 5,016 | 69,537 | 68,748 | 163 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for QUEENS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
- ENVY SIX
194,757 bbl last 12 months
- ENVY FOUR
186,116 bbl last 12 months
- CY ONE
461,138 mcf last 12 months
- MARCUS THREE
2,093,008 mcf last 12 months
- DUBS HUSKY FOUR
1,323,328 mcf last 12 months
Giddings (Austin Chalk-3) field
- WILD BAND
1,418,825 mcf last 12 months
- SMOKEY SEVEN
1,238,821 mcf last 12 months
- TUSK SEVEN
2,088,312 mcf last 12 months
- TUSK THREE
1,776,461 mcf last 12 months
- TUSK FIVE
2,034,536 mcf last 12 months
Leases within 10 km
Found by the location of their wells.
- GAMBIT CHECK
242,163 mcf last 12 months · 0 km away
- GAMBIT MATE
399,826 mcf last 12 months · 0 km away
- NW OLDENBURG AMARADO UNIT
168 mcf last 12 months · 1 km away
- OLDENBURG A
88,805 mcf last 12 months · 1.2 km away
- KEILERS FAMILY UNIT
72 mcf last 12 months · 1.2 km away
Drilling permits within 10 km
ALAN FOUR #H 04MA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 9 km away
Permit 0912041 · Dec 8, 2025
ALAN TWO #H 02MA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 9 km away
Permit 0912040 · Dec 8, 2025
ALAN SIX #H 06MA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 9 km away
Permit 0912042 · Dec 8, 2025
ALAN EIGHT #H 08MA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 9 km away
Permit 0912043 · Dec 8, 2025
TOOTH FOUR #H 04ST
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.4 km away
Permit 0907587 · Apr 30, 2025
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 296047, district 03, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.