Skip to content
Royalty Clerk

Texas oil lease

Producing

RED HOT UNIT

Red Hot Unit is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

339bbl oil, last 12 months+20% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-22616

Is your check right?

Check my statement

Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas, last 12 months
9,282 mcf
Oil in Jul 2026
23 bbl

Production by month

Oil output rose 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for RED HOT UNIT, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 339 bbl in the 12 months through Jul 2026, against 283 bbl in the 12 months before.Last 12 months: 339 bblbbl per monthmcf per month0010500201,000301,500402,000502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for RED HOT UNIT, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 339 bbl in the 12 months through Jul 2026, against 283 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010500201,000301,500402,000502,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of RED HOT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All 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 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of RED HOT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RED HOT UNIT
API numberWell no.Status
42-149-329041Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Oct 1, 2015
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

132.76 acres on the newest permit

A pooling certificate was filed

Permits for Red Hot Unit
API numberWell no.Acreson the permit
42-149-329041132.76

SourceRailroad Commission drilling permits, Sep 26, 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

36 months, newest first

Ledger for RED HOT UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262317147140$80.46$2.89
Jun 20262617757750$84.81$3.15
May 2026281867567560$102.13$2.94
Apr 20262307777770$100.32$2.77
Mar 20265028198190$91.38$3.04
Feb 20263018508500$64.51$3.62
Jan 20262827797790$60.04$7.72
Dec 20253138098090$57.97$4.26
Nov 2025311927757750$60.06$3.79
Oct 20253229689680$60.89$3.19
Sep 20251916986980$63.96$2.97
Aug 20251815625620$64.86$2.91
Jul 20253318558550$68.39$3.20
Jun 20252918308300$68.17$3.02
May 20253119259250$62.17$3.12
Apr 2025201947417410$63.54$3.42
Mar 20254311,6911,6910$68.24$4.12
Feb 2025204934930$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20241304334330$70.12$3.01
Nov 20242418258250$69.95$2.12
Oct 20243008718710$71.99$2.20
Sep 20242518028020$70.24$2.28
Aug 20243311,0821,0820$76.68$1.99
Jul 202481795645640$81.80$2.07
Jun 20243208328320$79.77$2.54
May 20244411,2691,2690$80.02$2.12
Apr 2024601551550$85.35$1.60
Mar 20242918728720$81.28$1.49
Feb 20243817807800$77.25$1.72
Jan 20243508698690$74.15$3.18
Dec 2023331658988980$71.90$2.52
Nov 20232718498490$77.69$2.71
Oct 20233931,0071,0070$85.64$2.98
Sep 20232207557550$89.43$2.64
Aug 20233017757750$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Fayette County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

New drilling permits in Fayette County

Newest in the county: this lease has no coordinates.