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Texas gas well

Producing

RAZORBACK TWO

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

1 well

863,013mcf gas, last 12 months−44% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-298553

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Oil, last 12 months
118,476 bbl
Gas in Jul 2026
59,938 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: AMP TEXAS PIPELINES, LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from gas wells on Oct 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 44% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 44% over the last 12 monthsMonthly gas production and oil for RAZORBACK TWO, Aug 2024 to Jul 2026. Gas output fell 44% over the last 12 months. 863,013 mcf in the 12 months through Jul 2026, against 1,527,614 mcf in the 12 months before.Last 12 months: 863,013 mcfmcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kOct 24Jan 25AprJulOctJan 26AprJul
Gas output fell 44% over the last 12 monthsMonthly gas production and oil for RAZORBACK TWO, Aug 2024 to Jul 2026. Gas output fell 44% over the last 12 months. 863,013 mcf in the 12 months through Jul 2026, against 1,527,614 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of RAZORBACK TWO gas by disposition code each month, Aug 2024 to Jul 2026. 98% 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 24Jan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of RAZORBACK TWO gas by disposition code each month, Aug 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 849,686 mcf

  • Lease fuel (1)

    0.8% · 6,819 mcf

  • Flared (4)

    0.8% · 6,508 mcf

0.8% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on RAZORBACK TWO
API numberWell no.Status
42-477-31283H 02TRActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers34Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Shell Trading (Us) CompanyCondensateGathers33Oct 1, 2025–
Amp Texas Pipelines, LLCGas-well gasBuys100Oct 1, 2025–
Amp Texas Pipelines, LLCGas-well gasGathers100Oct 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers30Aug 26, 2024Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers40Aug 26, 2024Oct 1, 2025
Shell Trading (Us) CompanyCondensateGathers30Aug 26, 2024Oct 1, 2025
Energy Transfer CompanyGas-well gasGathers100Aug 26, 2024Oct 1, 2025
Energy Transfer CompanyGas-well gasBuys100Aug 26, 2024Oct 1, 2025
Energy Trans Crude Marketing LLCCondensateGathers33Aug 4, 2024Aug 26, 2024

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

Who buys my oilOil price check

1,860.72 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 Razorback Two
API numberWell no.Acreson the permit
42-477-31283H 02TR1,860.72

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

24 months, newest first

Ledger for RAZORBACK TWO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,9217,95559,93859,15275$80.46$2.89
Jun 20268,4878,46062,73761,948110$84.81$3.15
May 20268,9469,04670,43669,468230$102.13$2.94
Apr 20269,4349,24471,63170,754175$100.32$2.77
Mar 202610,50010,54978,31277,300347$91.38$3.04
Feb 20269,2229,26274,12072,0471,485$64.51$3.62
Jan 202610,50910,58187,31885,4071,302$60.04$7.72
Dec 202511,24711,08984,42383,113770$57.97$4.26
Nov 202510,97510,99677,47376,560411$60.06$3.79
Oct 202511,87011,86673,27572,458341$60.89$3.19
Sep 202511,06011,21371,66770,529760$63.96$2.97
Aug 20258,3058,14451,68350,950502$64.86$2.91
Jul 20253185330$68.39$3.20
Jun 20257,7677,78652,86052,45025$68.17$3.02
May 202519,98619,951138,449137,83319$62.17$3.12
Apr 202517,58417,711122,824122,167148$63.54$3.42
Mar 202521,81521,736148,811147,842367$68.24$4.12
Feb 202517,90417,986121,439119,627841$71.53$4.19
Jan 202524,56724,783167,652165,812635$75.74$4.13
Dec 202427,27727,097182,297180,362544$70.12$3.01
Nov 202428,65528,520189,055186,760980$69.95$2.12
Oct 202433,06033,321206,869202,6632,603$71.99$2.20
Sep 202427,01826,934175,463170,5183,955$70.24$2.28
Aug 20243,6313,15721,89221,431271$76.68$1.99

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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