Texas oil lease
Shut inRENEE 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
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Burleson County
- RRC lease
- 03-12925
Is your check right?
Where it sits
This 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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed once, most recently in May 2024
- Magnolia Oil & Gas Operating LLC May 2024 to now
- Geosouthern Energy Corporation Jan 2020 to Apr 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-051-30667 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Gulfmark Energy, Inc. | Oil | Gathers | 100 | Sep 1, 1997 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Oct 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | May 1, 2005 | – |
| Nominator Not Required / Swr 31 | Casinghead gas | Nominates | 100 | Dec 1, 2006 | Oct 1, 2023 |
| Energy Transfer Company | Casinghead gas | Buys | 100 | May 1, 2005 | Oct 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Magnolia Oil | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 0 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 1 | 178 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 13 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 10 | 1 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 11 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 14 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 30 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 26 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 22 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 3 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 4 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 8 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 15 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 10 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 32 | 1 | $80.02 | $2.12 |
| Apr 2024Geosouthern Energy | 11 | 0 | $85.35 | $1.60 |
| Mar 2024Geosouthern Energy | 30 | 161 | $81.28 | $1.49 |
| Feb 2024Geosouthern Energy | 12 | 0 | $77.25 | $1.72 |
| Jan 2024Geosouthern Energy | 3 | 0 | $74.15 | $3.18 |
| Dec 2023Geosouthern Energy | 2 | 0 | $71.90 | $2.52 |
| Nov 2023Geosouthern Energy | 2 | 0 | $77.69 | $2.71 |
| Oct 2023Geosouthern Energy | 5 | 0 | $85.64 | $2.98 |
| Sep 2023Geosouthern Energy | 8 | 0 | $89.43 | $2.64 |
| Aug 2023Geosouthern Energy | 5 | 0 | $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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Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Burleson County
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