Texas oil lease · RRC district 03 · Lease 24445
No report in 6+ monthsRANCH
Ranch is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
Oil lease dossier · 1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-24445
Own a share of this lease?
Is your check right?
Upload a check stub or a phone photo. We compare every month with the state numbers on this page.
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Where it sits
This county
- Oil in Mar 2020
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Mar 2020
Production
Month by month, from the state record
No production to chart
Gas disposition
Where the gas went
No gas disposition reported for this lease
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 Jan 2020 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 |
|---|---|---|---|
| 42-149-31782 | 1RE | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 03, lease 24445.
Who buys and gathers
Who moves and buys this lease's production
Oil
Shell Trading (Us) Company, Mission Petroleum Carriers, Inc. and Sunoco Ptnrs. Mktg.&terminals LP gather it.
Shell Trading (Us) Company gathers it: 34% of it, on the list since Aug 1, 2018 · Mission Petroleum Carriers, Inc. gathers it: 33% of it, on the list since Aug 1, 2018 · Sunoco Ptnrs. Mktg.&terminals LP gathers it: 33% of it, on the list since Aug 1, 2018
Gas from oil wells
Dcp Operating Company, LP buys and gathers it.
Dcp Operating Company, LP buys it: 100% of it, on the list since Apr 1, 2017 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017
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
294.21 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- Jul 25, 2003
- Latest permit
- Apr 16, 2003
A pooling certificate was filed
Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-31782 | 1RE | Apr 16, 2003 | Jul 25, 2003 | 294.21 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says RANCH sold each month.
For example 0.00097656, or a fraction like 1/1024.
Your estimate appears here
An estimate, not your check
Ledger
3 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Mar 2020Magnolia Oil | 0 | 0 | $29.21 | $1.79 |
| Feb 2020Magnolia Oil | 0 | 0 | $50.54 | $1.91 |
| Jan 2020Magnolia Oil | 0 | 0 | $57.52 | $2.02 |
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 RANCH. 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.
- GIANT UNIT
15 mcf last 12 months · 0.5 km away
- SCHUHMACHER #2
0 mcf last 12 months · 0.9 km away
- SCHUHMACHER
7 bbl last 12 months · 1 km away
- RWR UNIT
0 mcf last 12 months · 1 km away
- ELO
21,510 mcf last 12 months · 1.1 km away
Drilling permits within 10 km
BALBOA THREE #H 03BB
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7 km away
Permit 0915041 · Apr 24, 2026
BALBOA FIVE #H 05BB
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 7 km away
Permit 0915043 · Apr 24, 2026
RANGER FOUR #H 04DR
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 9.5 km away
Permit 0910179 · Sep 3, 2025
RANGER TWO #H 02DR
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 9.5 km away
Permit 0910178 · Sep 3, 2025
ALE TWO #H 02HA
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 6.9 km away
Permit 0908941 · Jul 7, 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 “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Mar 2020?
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, oil lease 24445, 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.