Texas gas well
ProducingRUBY 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.
Gas well dossier
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Fayette County
- RRC lease
- 03-301159
Is your family on this lease?
Where it sits
This county
- Oil, last 12 months
- 18 bbl
- Gas in Aug 2026
- 351 mcf
Did a relative own a share of this lease?
Pick the year they passed and see what the lease has sold since.
Other leases named Ruby Unit
- 03-301159, gas wellThis leaseProducing8,043 mcflast 12 reported months
- 03-22749, oil leaseShut in0 bbllast 12 reported months
Production by month
Gas output rose 160% since Aug 2025
- Gas (bars)
- Oil (line)
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
From the state record
What owners ask about Ruby Unit
- When is the check for August 2026 due?
- August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the gas by Nov 29, 2026, unless the lease sets another time.
- Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
- See your next three checks
- Which Texas production tax rate applies?
- The Texas Comptroller lists low producing wells for this lease, from Nov 1, 2025. Its file does not give the rate, so we compare your stub with the full 7.5%. That is for August 2026.
- Source: Texas Comptroller, approved severance tax exemptions.
- Check the tax on your stub
- Who buys the oil and gas?
- Condensate: Gulfmark Energy, Inc. gathers it. Gas from gas wells: Dcp Operating Company, LP buys and gathers it. The buyer's price is what a royalty check is figured on.
- Source: Railroad Commission Form P-4, gatherers and purchasers.
- See every buyer and past buyers
- How many 1099s should an owner expect for 2025?
- One company, Magnolia Oil & Gas Operating LLC, filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
- Source: Railroad Commission production reports, operator of record by month.
- Check your 1099 against it
Free tools, already on this lease
Ask a question about Ruby Unit
33 years of state records, 1993–2026
RUBY UNIT since 2025
We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in August 2025. It filed 13 monthly reports through August 2026.
Sold since 2025
$29,000
What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.
- Oil sold
- 0 bbl
- Gas sold
- 8,701 mcf
- Best year
- 2026$17,000 sold
- Last report
- Aug 2026First: Aug 2025
Its best year was 2026: $17,000 of oil and gas sold
Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.
SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.
Every year as a table
| Year | Months | Oil sold, bbl | Gas sold, mcf | Sold for |
|---|---|---|---|---|
| 2026 * | 8 | 0 | 5,511 | $17,042 |
| 2025 | 5 | 0 | 3,190 | $12,174 |
* Part of the year: the records run through August 2026.
Where the gas went
All of the gas went to a transmission line in the 11 months reported
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Gulfmark Energy, Inc. | Condensate | Gathers | 100 | Aug 29, 2025 |
| Dcp Operating Company, LP | Gas-well gas | Buys | 100 | Aug 29, 2025 |
| Dcp Operating Company, LP | Gas-well gas | Gathers | 100 | Aug 29, 2025 |
SourceRailroad Commission Form P-4 file, Oct 24, 2026 (source).
491.93 acres on the newest permit
- Good to know
A pooling certificate (P-12) was filed
Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-149-32926 | 1 | Oct 11, 1994 | Jun 1, 1995 | 491.93 |
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ 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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
13 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Aug 2026 | 0 | 0 | 351 | 351 | 0 | $83.90 | $2.78 |
| Jul 2026 | 0 | 0 | 840 | 840 | 0 | $80.46 | $2.89 |
| Jun 2026 | 0 | 0 | 1,136 | 1,136 | 0 | $84.81 | $3.15 |
| May 2026 | 0 | 0 | 57 | 57 | 0 | $102.13 | $2.94 |
| Apr 2026 | 0 | 0 | 1,628 | 1,628 | 0 | $100.32 | $2.77 |
| Mar 2026 | 18 | 0 | 74 | 74 | 0 | $91.38 | $3.04 |
| Feb 2026 | 0 | 0 | 1,425 | 1,425 | 0 | $64.51 | $3.62 |
| Jan 2026 | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025 | 0 | 0 | 1,825 | 1,825 | 0 | $57.97 | $4.26 |
| Nov 2025 | 0 | 0 | 469 | 469 | 0 | $60.06 | $3.79 |
| Oct 2025 | 0 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025 | 0 | 0 | 238 | 238 | 0 | $63.96 | $2.97 |
| Aug 2025 | 0 | 0 | 658 | 658 | 0 | $64.86 | $2.91 |
SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsNearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Fayette County
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