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Texas gas well · RRC district 03 · Lease 301159

Producing

RUBY UNIT

Ruby Unit is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 8,350 mcf of gas in the 12 months through Jul 2026.

Gas well dossier

8,350mcf gas, last 12 months
RRC lease
03-301159

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County · RRC district 03Open Fayette County →
Oil, last 12 months
18 bbl
Gas in Jul 2026
840 mcf
Reporting to the state
since Aug 2025
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output rose 127% since Aug 2025

Monthly average of 678 mcf in the latest 3 months, against 299 mcf in the first 3.

  • Gas (bars, left axis)
  • Oil (line, right axis)
Gas output rose 127% since Aug 2025Monthly gas production and oil for RUBY UNIT, Aug 2025 to Jul 2026. Gas output rose 127% since Aug 2025. Monthly average of 678 mcf in the latest 3 months, against 299 mcf in the first 3.mcf per monthbbl per month0050051,000101,500152,00020Oct 25Jan 26AprJul
Gas output rose 127% since Aug 2025Monthly gas production and oil for RUBY UNIT, Aug 2025 to Jul 2026. Gas output rose 127% since Aug 2025. Monthly average of 678 mcf in the latest 3 months, against 299 mcf in the first 3.mcf per monthbbl per month0050051,000101,500152,00020Jan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 301159, district 03. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the 10 months reported

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the 10 months reportedShare of RUBY UNIT gas by disposition code each month, Aug 2025 to Jul 2026. All of the gas went to a transmission line in the 10 months reported. Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
All of the gas went to a transmission line in the 10 months reportedShare of RUBY UNIT gas by disposition code each month, Aug 2025 to Jul 2026. All of the gas went to a transmission line in the 10 months reported. Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 301159, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the 10 months reported.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Magnolia Oil & Gas Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262026Magnolia Oil & Gas Operating…Aug 2025 to nowthrough Jul 2026
Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262026Magnolia Oil & Gas Operating LLCAug 2025 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

Wells on this lease

Every well the Railroad Commission links to gas well 301159 in district 03. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Condensate

    Gulfmark Energy, Inc. gathers it.

    100% of it, on the list since Aug 29, 2025

  • Gas from gas wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Aug 29, 2025 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Aug 29, 2025

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

491.93 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jun 1, 1995
Latest permit
Oct 11, 1994

A pooling certificate was filed

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

Wells and acres on the permits for Ruby Unit
API numberWell no.Acreson the permit
42-149-329261491.93

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says RUBY UNIT sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

12 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for RUBY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil008408400$80.46$2.89
Jun 2026Magnolia Oil001,1361,1360$84.81$3.15
May 2026Magnolia Oil0057570$102.13$2.94
Apr 2026Magnolia Oil001,6281,6280$100.32$2.77
Mar 2026Magnolia Oil18074740$91.38$3.04
Feb 2026Magnolia Oil001,4251,4250$64.51$3.62
Jan 2026Magnolia Oil00000$60.04$7.72
Dec 2025Magnolia Oil001,8251,8250$57.97$4.26
Nov 2025Magnolia Oil004694690$60.06$3.79
Oct 2025Magnolia Oil00000$60.89$3.19
Sep 2025Magnolia Oil002382380$63.96$2.97
Aug 2025Magnolia Oil006586580$64.86$2.91

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for RUBY UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

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 →

New drilling permits in Fayette County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 301159, district 03, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.