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Producing

SABINE 'B'

Sabine 'B' is an oil lease in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

17,870bbl oil, last 12 months−24% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-27959

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
55,643 mcf
Oil in Jul 2026
1,194 bbl

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for SABINE 'B', Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 17,870 bbl in the 12 months through Jul 2026, against 23,617 bbl in the 12 months before.Last 12 months: 17,870 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for SABINE 'B', Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 17,870 bbl in the 12 months through Jul 2026, against 23,617 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 3.2% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of SABINE 'B' gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.2% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of SABINE 'B' gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.2% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 3.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 53,056 mcf

  • Lease fuel (1)

    3.4% · 1,905 mcf

  • Flared (4)

    1.2% · 682 mcf

1.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on SABINE 'B'
API numberWell no.Status
42-477-311452HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers95May 13, 2021
Shell Trading (Us) CompanyOilGathers3May 13, 2021
Energy Trans Crude Marketing LLCOilGathers2May 13, 2021
Energy Transfer CompanyCasinghead gasBuys100May 13, 2021
Energy Transfer CompanyCasinghead gasGathers100May 13, 2021

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

Who buys my oilOil price check

984.27 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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.

Check your decimal on this lease
Permits for Sabine 'B'
API numberWell no.Acreson the permit
42-477-311452H984.27

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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 SABINE 'B'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,1941,2223,4763,27378$80.46$2.89
Jun 20261,2241,1813,6703,47375$84.81$3.15
May 20261,3591,3604,3264,12277$102.13$2.94
Apr 20261,3911,3514,4594,193142$100.32$2.77
Mar 20261,7631,7844,6384,409101$91.38$3.04
Feb 20261,4441,3934,4094,20642$64.51$3.62
Jan 20261,3261,5144,7754,55528$60.04$7.72
Dec 20251,5371,5685,0224,80729$57.97$4.26
Nov 20251,5301,3695,1224,91226$60.06$3.79
Oct 20251,6471,7195,3355,11529$60.89$3.19
Sep 20251,5541,5744,9554,74826$63.96$2.97
Aug 20251,9011,8565,4565,24329$64.86$2.91
Jul 20251,8091,7935,4465,23633$68.39$3.20
Jun 20251,7601,6455,2105,01129$68.17$3.02
May 20251,5211,5835,5595,34248$62.17$3.12
Apr 20251,6271,7276,0755,86344$63.54$3.42
Mar 20251,8601,6716,2335,94486$68.24$4.12
Feb 20251,7481,7185,6915,44486$71.53$4.19
Jan 20252,0302,1735,7295,48464$75.74$4.13
Dec 20242,2362,1786,2656,03146$70.12$3.01
Nov 20242,1392,1356,6396,42441$69.95$2.12
Oct 20241,9612,0406,5476,32449$71.99$2.20
Sep 20242,3852,3066,9416,71257$70.24$2.28
Aug 20242,5412,6277,0636,82860$76.68$1.99
Jul 20242,5172,4687,1586,93750$81.80$2.07
Jun 20242,6882,8047,1096,89345$79.77$2.54
May 20243,6213,5637,8647,542144$80.02$2.12
Apr 20243,2943,4447,1056,89844$85.35$1.60
Mar 20243,7493,6299,3788,04456$81.28$1.49
Feb 20243,5743,7349,2577,95259$77.25$1.72
Jan 20243,3633,1739,9248,54248$74.15$3.18
Dec 20233,5003,62310,9489,43851$71.90$2.52
Nov 20233,9334,04112,40810,77377$77.69$2.71
Oct 20234,8164,95712,58511,01243$85.64$2.98
Sep 20234,5414,44413,55811,91445$89.43$2.64
Aug 20234,4354,78912,98111,37114$81.39$2.58

Flared above 3%

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

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Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyWashington County

Magnolia Oil & Gas Operating LLC in Washington County

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