Texas oil lease
ProducingSCHULTZ, CHARLES
Schultz, Charles is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
5 wells
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-20614
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 3,120 mcf
- Oil in Jul 2026
- 140 bbl
Production by month
Oil output rose 19% 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
All of the gas went to a transmission line in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
5 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-32267 | 1 | Shut-in |
| 42-287-32283 | 2 | Shut-in |
| 42-287-32288 | 3 | Active |
| 42-287-32300 | 4 | Shut-in |
| 42-287-32353 | 5 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 100 | Jul 1, 2021 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | Jul 1, 2021 |
| Magnolia Oil & Gas Operating LLC | Casinghead gas | Buys | 100 | Sep 1, 2018 | Jul 1, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | Dec 1, 2013 | Jul 1, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
335.70 acres on the newest permit
A pooling certificate was filed
The wells on this lease state different acreage
The permits state between 335.7 and 612.43 acres.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-32288 | 3 | Aug 12, 2005 | Nov 23, 1990 | 335.70 |
| 42-287-32288 | 3RE | Aug 12, 2005 | Nov 23, 1990 | 335.70 |
| 42-287-32353 | 5 | Sep 16, 1992 | Dec 4, 1992 | 492.37 |
| 42-287-32300 | 4 | Jan 27, 1992 | Feb 23, 1991 | 612.43 |
| 42-287-32283 | 2 | Jun 11, 1990 | Aug 21, 1990 | 612.43 |
| 42-287-32267 | 1 | Dec 6, 1989 | Jan 11, 1990 | 492 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 140 | 4 | 62 | 62 | 0 | $80.46 | $2.89 |
| Jun 2026 | 205 | 175 | 62 | 62 | 0 | $84.81 | $3.15 |
| May 2026 | 173 | 173 | 81 | 81 | 0 | $102.13 | $2.94 |
| Apr 2026 | 254 | 360 | 597 | 597 | 0 | $100.32 | $2.77 |
| Mar 2026 | 211 | 182 | 113 | 113 | 0 | $91.38 | $3.04 |
| Feb 2026 | 281 | 180 | 105 | 105 | 0 | $64.51 | $3.62 |
| Jan 2026 | 248 | 354 | 591 | 591 | 0 | $60.04 | $7.72 |
| Dec 2025 | 275 | 181 | 142 | 142 | 0 | $57.97 | $4.26 |
| Nov 2025 | 228 | 170 | 119 | 119 | 0 | $60.06 | $3.79 |
| Oct 2025 | 275 | 370 | 416 | 416 | 0 | $60.89 | $3.19 |
| Sep 2025 | 224 | 275 | 364 | 364 | 0 | $63.96 | $2.97 |
| Aug 2025 | 291 | 177 | 468 | 468 | 0 | $64.86 | $2.91 |
| Jul 2025 | 202 | 346 | 88 | 88 | 0 | $68.39 | $3.20 |
| Jun 2025 | 260 | 179 | 95 | 95 | 0 | $68.17 | $3.02 |
| May 2025 | 101 | 176 | 275 | 275 | 0 | $62.17 | $3.12 |
| Apr 2025 | 234 | 182 | 153 | 153 | 0 | $63.54 | $3.42 |
| Mar 2025 | 224 | 175 | 127 | 127 | 0 | $68.24 | $4.12 |
| Feb 2025 | 296 | 344 | 89 | 89 | 0 | $71.53 | $4.19 |
| Jan 2025 | 0 | 2 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024 | 108 | 195 | 249 | 249 | 0 | $70.12 | $3.01 |
| Nov 2024 | 247 | 183 | 551 | 551 | 0 | $69.95 | $2.12 |
| Oct 2024 | 184 | 179 | 110 | 110 | 0 | $71.99 | $2.20 |
| Sep 2024 | 190 | 195 | 102 | 102 | 0 | $70.24 | $2.28 |
| Aug 2024 | 313 | 379 | 626 | 626 | 0 | $76.68 | $1.99 |
| Jul 2024 | 177 | 4 | 94 | 94 | 0 | $81.80 | $2.07 |
| Jun 2024 | 179 | 188 | 123 | 123 | 0 | $79.77 | $2.54 |
| May 2024 | 281 | 469 | 115 | 115 | 0 | $80.02 | $2.12 |
| Apr 2024 | 64 | 0 | 31 | 31 | 0 | $85.35 | $1.60 |
| Mar 2024 | 262 | 361 | 762 | 762 | 0 | $81.28 | $1.49 |
| Feb 2024 | 247 | 188 | 349 | 349 | 0 | $77.25 | $1.72 |
| Jan 2024 | 231 | 181 | 127 | 127 | 0 | $74.15 | $3.18 |
| Dec 2023 | 170 | 168 | 115 | 115 | 0 | $71.90 | $2.52 |
| Nov 2023 | 171 | 168 | 112 | 112 | 0 | $77.69 | $2.71 |
| Oct 2023 | 168 | 186 | 102 | 102 | 0 | $85.64 | $2.98 |
| Sep 2023 | 341 | 350 | 731 | 731 | 0 | $89.43 | $2.64 |
| Aug 2023 | 195 | 368 | 88 | 88 | 0 | $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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Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
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