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Texas gas well

Producing

SCHULTE UNIT

Schulte Unit is a gas well in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

3,286mcf gas, last 12 months−23% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-185736

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Oil, last 12 months
666 bbl
Gas in Jul 2026
188 mcf

Production by month

Gas output fell 23% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for SCHULTE UNIT, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 3,286 mcf in the 12 months through Jul 2026, against 4,278 mcf in the 12 months before.Last 12 months: 3,286 mcfmcf per monthbbl per month00250505001007501501,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for SCHULTE UNIT, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 3,286 mcf in the 12 months through Jul 2026, against 4,278 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00250505001007501501,000200Jan 24JulJan 25JulJan 26Jul

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

All of the gas went to a transmission line in the last 12 monthsShare of SCHULTE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of SCHULTE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SCHULTE UNIT
API numberWell no.Status
42-477-308961Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers34Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Shell Trading (Us) CompanyCondensateGathers33Oct 1, 2025–
Magnolia Oil & Gas Operating LLCGas-well gasBuys100Sep 1, 2018–
Energy Transfer CompanyGas-well gasGathers100May 1, 2005–
Energy Transfer Marketing & TermCondensateGathers25Dec 1, 2022Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers25May 11, 2018Oct 1, 2025
Flint Hills Resources, LPCondensateGathers25May 11, 2018Oct 1, 2025
Shell Trading (Us) CompanyCondensateGathers25May 11, 2018Oct 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers25May 11, 2018Dec 1, 2022

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

Who buys my oilOil price check

1,315.41 acres on the newest permit

A pooling certificate was filed

Permits for Schulte Unit
API numberWell no.Acreson the permit
42-477-3089611,315.41

SourceRailroad Commission drilling permits, Sep 26, 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 SCHULTE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266001881880$80.46$2.89
Jun 2026501802072070$84.81$3.15
May 20265202382380$102.13$2.94
Apr 20265402672670$100.32$2.77
Mar 20266102672670$91.38$3.04
Feb 2026581832672670$64.51$3.62
Jan 20265902902900$60.04$7.72
Dec 20256303143140$57.97$4.26
Nov 2025461813353350$60.06$3.79
Oct 20253112942940$60.89$3.19
Sep 202510504644640$63.96$2.97
Aug 20252711551550$64.86$2.91
Jul 2025371793333330$68.39$3.20
Jun 20256203113110$68.17$3.02
May 20256902722720$62.17$3.12
Apr 2025511603753750$63.54$3.42
Mar 20258514244240$68.24$4.12
Feb 20251291819189180$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20243101821820$70.12$3.01
Nov 2024661873443440$69.95$2.12
Oct 202410115255250$71.99$2.20
Sep 20248105945940$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202418073730$81.80$2.07
Jun 2024991815215210$79.77$2.54
May 2024791789299290$80.02$2.12
Apr 20245702012010$85.35$1.60
Mar 20249707187180$81.28$1.49
Feb 2024931767847840$77.25$1.72
Jan 20241051879029020$74.15$3.18
Dec 202312039689680$71.90$2.52
Nov 20231261797457450$77.69$2.71
Oct 202311327697690$85.64$2.98
Sep 2023541411151150$89.43$2.64
Aug 202301000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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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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