Texas oil lease
ProducingSALT YELLOW
Salt Yellow is an oil lease in Karnes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Eagleville (Eagle Ford-2) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Karnes County
- RRC lease
- 02-12878
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 41,874 mcf
- Oil in Jul 2026
- 2,963 bbl
Production by month
Oil output fell 48% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
88% of the gas went to a transmission line in the last 12 months
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
88% · 36,755 mcf
Lease fuel (1)
11% · 4,683 mcf
Flared (4)
1.0% · 436 mcf
1.0% of the gas flared in the last 12 months. No month above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-255-37967 | 9H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 40 | Jan 7, 2025 | – |
| Flint Hills Resources, LP | Oil | Gathers | 30 | Jul 25, 2024 | – |
| Phillips 66 Company | Oil | Gathers | 30 | Jul 25, 2024 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | Jul 25, 2024 | – |
| Plains Pipeline L.p. | Casinghead gas | Gathers | 100 | Jan 7, 2025 | – |
| Ironwood Midst Energy Ptnrs LLC | Casinghead gas | Gathers | 100 | Jul 25, 2024 | Jan 7, 2025 |
| Ironwood Midst Energy Ptnrs LLC | Oil | Gathers | 40 | Jul 25, 2024 | Jan 7, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,043.29 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-255-37967 | 9H | Feb 13, 2024 | Jul 25, 2024 | 1,043.29 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
25 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 2,963 | 2,989 | 2,723 | 2,357 | 33 | $80.46 | $2.89 |
| Jun 2026 | 3,179 | 3,174 | 2,961 | 2,571 | 21 | $84.81 | $3.15 |
| May 2026 | 3,246 | 3,230 | 3,302 | 2,868 | 22 | $102.13 | $2.94 |
| Apr 2026 | 3,269 | 3,279 | 3,483 | 3,023 | 42 | $100.32 | $2.77 |
| Mar 2026 | 3,317 | 3,327 | 4,046 | 3,449 | 53 | $91.38 | $3.04 |
| Feb 2026 | 3,307 | 3,299 | 3,623 | 3,143 | 46 | $64.51 | $3.62 |
| Jan 2026 | 3,642 | 3,642 | 3,679 | 3,172 | 71 | $60.04 | $7.72 |
| Dec 2025 | 3,710 | 3,731 | 3,444 | 2,994 | 34 | $57.97 | $4.26 |
| Nov 2025 | 3,728 | 3,699 | 3,040 | 2,689 | 42 | $60.06 | $3.79 |
| Oct 2025 | 4,076 | 4,059 | 3,079 | 2,781 | 17 | $60.89 | $3.19 |
| Sep 2025 | 4,045 | 4,070 | 3,789 | 3,423 | 36 | $63.96 | $2.97 |
| Aug 2025 | 4,074 | 4,067 | 4,705 | 4,285 | 19 | $64.86 | $2.91 |
| Jul 2025 | 3,640 | 3,641 | 4,339 | 3,993 | 12 | $68.39 | $3.20 |
| Jun 2025 | 3,876 | 3,887 | 6,512 | 6,031 | 20 | $68.17 | $3.02 |
| May 2025 | 4,320 | 4,311 | 7,332 | 6,804 | 23 | $62.17 | $3.12 |
| Apr 2025 | 3,702 | 3,696 | 6,676 | 6,079 | 30 | $63.54 | $3.42 |
| Mar 2025 | 4,129 | 4,134 | 9,162 | 8,470 | 99 | $68.24 | $4.12 |
| Feb 2025 | 3,700 | 3,694 | 9,577 | 8,889 | 61 | $71.53 | $4.19 |
| Jan 2025 | 5,569 | 5,578 | 8,356 | 7,657 | 30 | $75.74 | $4.13 |
| Dec 2024 | 7,520 | 7,506 | 12,746 | 11,862 | 20 | $70.12 | $3.01 |
| Nov 2024 | 9,549 | 9,594 | 14,740 | 13,516 | 88 | $69.95 | $2.12 |
| Oct 2024 | 11,487 | 11,451 | 16,788 | 15,684 | 92 | $71.99 | $2.20 |
| Sep 2024 | 12,420 | 12,500 | 11,898 | 11,078 | 141 | $70.24 | $2.28 |
| Aug 2024 | 11,339 | 11,217 | 8,127 | 7,593 | 25 | $76.68 | $1.99 |
| Jul 2024 | 271 | 263 | 187 | 160 | 0 | $81.80 | $2.07 |
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
Magnolia Oil & Gas Operating LLC in Karnes County
- CHEVELLE UNIT
38,052 bbl
- RADIOHEAD AC UNIT
207,259 mcf
- KEYS UNIT
33,175 bbl
- MOCZYGEMBA UNIT
33,794 bbl
- NIRVANA SMELLS
42,202 bbl
- SUBLIME UNIT
38,711 bbl
- DEFTONES AC UNIT
32,910 bbl
- KEYS UNIT
267,987 mcf
- PEPPERS RED
35,545 bbl
- SILVERCHAIR UNIT
37,445 bbl
Eagleville (Eagle Ford-2) field
- SPEAR REYNOLDS C-A USW B
39,751 bbl
- COOPER UNIT
42,308 bbl
- MELBA JO PARROTT UNIT A
39,089 bbl
- DYLAN UNIT
39,995 bbl
- BROWN JENK-BORD USW C
39,461 bbl
- OXFORD UNIT
41,543 bbl
- LEO FRANK UNIT A
42,483 bbl
- CRISP A-CREWS A SA 1
41,474 bbl
- FLUORITE A
38,804 bbl
- LUNA A
40,208 bbl
Leases within 10 km
- SALT GREEN
25,781 bbl · 0 km
- SALT ORANGE
70,588 bbl · 0 km
- SALT BLUE
16,225 bbl · 0 km
- SALT BLACK
53,472 bbl · 0 km
- SALT WHITE
13,694 bbl · 0 km
- SALT GRAY
45,067 bbl · 0 km
- SALT RED
22,403 bbl · 0 km
- FOEGELLE, ADRIAN
0 bbl · 0.3 km
- FOEGELLE-DUGIE UNIT
8,098 bbl · 0.5 km
- FOEGELLE-DUGIE UNIT
29,288 bbl · 0.7 km
Drilling permits within 10 km
MAYER C AC #1H
new drill · horizontal · BPX Operating Company · Karnes County · 3.3 km
Permit 0917244 · Jul 27, 2026
MAYER C AC #3H
new drill · horizontal · BPX Operating Company · Karnes County · 3.2 km
Permit 0917246 · Jul 24, 2026
MAYER C AC #2H
new drill · horizontal · BPX Operating Company · Karnes County · 3.3 km
Permit 0917245 · Jul 23, 2026
MAYER C #8H
new drill · horizontal · BPX Operating Company · Karnes County · 3.2 km
Permit 0917240 · Jul 23, 2026
MAYER C #11H
new drill · horizontal · BPX Operating Company · Karnes County · 3.2 km
Permit 0917243 · Jul 22, 2026