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Texas oil lease

Producing

REMINGTON UNIT

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

2 wells

1,645bbl oil, last 12 months−12% vs prior year
RRC lease
03-23310

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
2,907 mcf
Oil in Jul 2026
132 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for REMINGTON UNIT, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 1,645 bbl in the 12 months through Jul 2026, against 1,872 bbl in the 12 months before.Last 12 months: 1,645 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for REMINGTON UNIT, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 1,645 bbl in the 12 months through Jul 2026, against 1,872 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of REMINGTON UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 lease fuel in the last 12 monthsShare of REMINGTON UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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.

Who has run this lease

The operator changed 2 times, most recently in Dec 2023

Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, L…Jan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating…Dec 2023 to now
Operators of this lease over timeTreadstone Energy Prtnr Op, LLC, Jan 2020 to Nov 2021; LRR Pecos Valley, LLC, Dec 2021 to Nov 2023; Magnolia Oil & Gas Operating LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Dec 2023Treadstone Energy Prtnr Op, LLCJan 2020 to Nov 2021LRR Pecos Valley, LLCDec 2021 to Nov 2023Magnolia Oil & Gas Operating LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on REMINGTON UNIT
API numberWell no.Status
42-051-335571Shut-in
42-051-336752Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers75Jul 1, 2021–
4J Energy, LLCOilGathers25Jul 1, 2021–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2016–
Energy Transfer CompanyCasinghead gasGathers100Jan 1, 2013–
Buckhead Midstream, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Shell Trading (Us) CompanyOilGathers25Jul 1, 2020Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Jul 1, 2020Jul 1, 2021
Texican Crude&hydrocarbons, LLCOilGathers25Jul 1, 2020Jul 1, 2021
Buckhead Midstream, LLCOilGathers20Jun 1, 2020Jul 1, 2020
Shell Trading (Us) CompanyOilGathers70Jun 1, 2020Jul 1, 2020

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

741.17 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Remington Unit
API numberWell no.Acreson the permit
42-051-336752741.17
42-051-335571741.17

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 REMINGTON UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil132024800$80.46$2.89
Jun 2026Magnolia Oil15917024000$84.81$3.15
May 2026Magnolia Oil8716924000$102.13$2.94
Apr 2026Magnolia Oil13518324000$100.32$2.77
Mar 2026Magnolia Oil142024800$91.38$3.04
Feb 2026Magnolia Oil13116922400$64.51$3.62
Jan 2026Magnolia Oil14718124300$60.04$7.72
Dec 2025Magnolia Oil15117424800$57.97$4.26
Nov 2025Magnolia Oil14719724000$60.06$3.79
Oct 2025Magnolia Oil138024800$60.89$3.19
Sep 2025Magnolia Oil12818024000$63.96$2.97
Aug 2025Magnolia Oil14817624800$64.86$2.91
Jul 2025Magnolia Oil78022300$68.39$3.20
Jun 2025Magnolia Oil10817324000$68.17$3.02
May 2025Magnolia Oil10717924800$62.17$3.12
Apr 2025Magnolia Oil154019200$63.54$3.42
Mar 2025Magnolia Oil16318124800$68.24$4.12
Feb 2025Magnolia Oil17316422400$71.53$4.19
Jan 2025Magnolia Oil18018121600$75.74$4.13
Dec 2024Magnolia Oil18518224800$70.12$3.01
Nov 2024Magnolia Oil16817522400$69.95$2.12
Oct 2024Magnolia Oil19234624800$71.99$2.20
Sep 2024Magnolia Oil18017724000$70.24$2.28
Aug 2024Magnolia Oil18417324800$76.68$1.99
Jul 2024Magnolia Oil19817324800$81.80$2.07
Jun 2024Magnolia Oil18717624000$79.77$2.54
May 2024Magnolia Oil19616824800$80.02$2.12
Apr 2024Magnolia Oil20117224000$85.35$1.60
Mar 2024Magnolia Oil23318224800$81.28$1.49
Feb 2024Magnolia Oil24236023200$77.25$1.72
Jan 2024Magnolia Oil32136018400$74.15$3.18
Dec 2023Magnolia Oil019024800$71.90$2.52
Nov 2023LRR Pecos19618213600$77.69$2.71
Oct 2023LRR Pecos30537024800$85.64$2.98
Sep 2023LRR Pecos23717824000$89.43$2.64
Aug 2023LRR Pecos26217724800$81.39$2.58

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

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Magnolia Oil & Gas Operating LLC in Burleson County

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