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RENEE UNIT

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

1 well

24bbl oil, last 12 months−80% vs prior year
RRC lease
03-12925

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 80% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 80% over the last 12 monthsMonthly oil production for RENEE UNIT, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 24 bbl in the 12 months through Jul 2026, against 118 bbl in the 12 months before.Last 12 months: 24 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 80% over the last 12 monthsMonthly oil production for RENEE UNIT, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 24 bbl in the 12 months through Jul 2026, against 118 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeGeosouthern Energy Corporation, Jan 2020 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Geosouthern Energy CorporationJan 2020 to Apr 2024Magnolia Oil & Gas Operating…May 2024 to now
Operators of this lease over timeGeosouthern Energy Corporation, Jan 2020 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Geosouthern Energy CorporationJan 2020 to Apr 2024Magnolia Oil & Gas Operating LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RENEE UNIT
API numberWell no.Status
42-051-306671Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.OilGathers100Sep 1, 1997–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Nominator Not Required / Swr 31Casinghead gasNominates100Dec 1, 2006Oct 1, 2023
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005Oct 1, 2023

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

64 acres on the newest permit

A pooling certificate was filed

Permits for Renee Unit
API numberWell no.Acreson the permit
42-051-30667164

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 RENEE UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil00$80.46$2.89
Jun 2026Magnolia Oil00$84.81$3.15
May 2026Magnolia Oil00$102.13$2.94
Apr 2026Magnolia Oil00$100.32$2.77
Mar 2026Magnolia Oil00$91.38$3.04
Feb 2026Magnolia Oil00$64.51$3.62
Jan 2026Magnolia Oil00$60.04$7.72
Dec 2025Magnolia Oil1178$57.97$4.26
Nov 2025Magnolia Oil00$60.06$3.79
Oct 2025Magnolia Oil130$60.89$3.19
Sep 2025Magnolia Oil00$63.96$2.97
Aug 2025Magnolia Oil101$64.86$2.91
Jul 2025Magnolia Oil00$68.39$3.20
Jun 2025Magnolia Oil110$68.17$3.02
May 2025Magnolia Oil140$62.17$3.12
Apr 2025Magnolia Oil300$63.54$3.42
Mar 2025Magnolia Oil260$68.24$4.12
Feb 2025Magnolia Oil220$71.53$4.19
Jan 2025Magnolia Oil00$75.74$4.13
Dec 2024Magnolia Oil30$70.12$3.01
Nov 2024Magnolia Oil00$69.95$2.12
Oct 2024Magnolia Oil40$71.99$2.20
Sep 2024Magnolia Oil00$70.24$2.28
Aug 2024Magnolia Oil80$76.68$1.99
Jul 2024Magnolia Oil150$81.80$2.07
Jun 2024Magnolia Oil100$79.77$2.54
May 2024Magnolia Oil321$80.02$2.12
Apr 2024Geosouthern Energy110$85.35$1.60
Mar 2024Geosouthern Energy30161$81.28$1.49
Feb 2024Geosouthern Energy120$77.25$1.72
Jan 2024Geosouthern Energy30$74.15$3.18
Dec 2023Geosouthern Energy20$71.90$2.52
Nov 2023Geosouthern Energy20$77.69$2.71
Oct 2023Geosouthern Energy50$85.64$2.98
Sep 2023Geosouthern Energy80$89.43$2.64
Aug 2023Geosouthern Energy50$81.39$2.58

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

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