Texas gas well
ProducingSCHMIDT
Schmidt 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
- 03-300979
Is your check right?
Where it sits
This county
- Gas in Jul 2026
- 225 mcf
- Reporting since
- Aug 2025
Production by month
Gas output held steady since Aug 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to a transmission line in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Condensate | Gathers | 100 | Aug 29, 2025 |
| Energy Transfer Company | Gas-well gas | Buys | 100 | Aug 29, 2025 |
| Energy Transfer Company | Gas-well gas | Gathers | 100 | Aug 29, 2025 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
12 months, newest first
| Month | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|
| Jul 2026 | 225 | 225 | 0 | $80.46 | $2.89 |
| Jun 2026 | 230 | 230 | 0 | $84.81 | $3.15 |
| May 2026 | 229 | 229 | 0 | $102.13 | $2.94 |
| Apr 2026 | 232 | 232 | 0 | $100.32 | $2.77 |
| Mar 2026 | 235 | 235 | 0 | $91.38 | $3.04 |
| Feb 2026 | 209 | 209 | 0 | $64.51 | $3.62 |
| Jan 2026 | 233 | 233 | 0 | $60.04 | $7.72 |
| Dec 2025 | 229 | 229 | 0 | $57.97 | $4.26 |
| Nov 2025 | 204 | 204 | 0 | $60.06 | $3.79 |
| Oct 2025 | 226 | 226 | 0 | $60.89 | $3.19 |
| Sep 2025 | 231 | 231 | 0 | $63.96 | $2.97 |
| Aug 2025 | 246 | 246 | 0 | $64.86 | $2.91 |
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 Fayette County
- SITTING BULL UNIT
2,057 mcf
- LYCO
2,947 mcf
- GRACE UNIT
2,914 mcf
- MENN-OL UNIT
2,802 mcf
- ARMSTRONG-ARMSTRONG UNIT
84 bbl
- WOLF
108 bbl
- MATTINGLY
1,628 mcf
- BESS RE UNIT
29 bbl
- JAWBREAKER UNIT
104 bbl
- EUREKA UNIT
2,368 mcf
Giddings (Austin Chalk-3) field
- ZAVODNY-SKRIVANEK #2
61 bbl
- RUBACH, L. P.
69 bbl
- WEGNER DL
2,836 mcf
- MENN-OL UNIT
2,802 mcf
- DINKINS OL
2,739 mcf
- SIMMANG, Q.W.
30 bbl
- ARMSTRONG-ARMSTRONG UNIT
84 bbl
- SYLVIA
1,428 mcf
- WOLF
108 bbl
- MATTINGLY
1,628 mcf
New drilling permits in Fayette County
Newest in the county: this lease has no coordinates.
PASSCHENDAELE #3H
new drill · horizontal · Verdun Oil & Gas LLC · Fayette County
Permit 0918823 · Sep 24, 2026
CANTIGNY #3H
new drill · horizontal · Verdun Oil & Gas LLC · Fayette County
Permit 0918820 · Sep 24, 2026
TEX ONE #H 01TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918724 · Sep 21, 2026
KYLE TWO #H 02TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918725 · Sep 21, 2026
KYLE FOUR #H 04TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918726 · Sep 21, 2026