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Texas oil lease

Producing

SEBESTA

Sebesta is an oil lease in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Buda) field.

1 well

826bbl oil, last 12 months−20% vs prior year
RRC lease
03-25322

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
1,824 mcf
Oil in Jul 2026
94 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for SEBESTA, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 826 bbl in the 12 months through Jul 2026, against 1,033 bbl in the 12 months before.Last 12 months: 826 bblbbl per monthmcf per month0050100100200150300200400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for SEBESTA, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 826 bbl in the 12 months through Jul 2026, against 1,033 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plantShare of SEBESTA gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plantShare of SEBESTA gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 23: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 3 times, most recently in Mar 2023

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating…Mar 2023 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Feb 2022; Daylight Petroleum LLC, Mar 2022 to Feb 2023; Magnolia Oil & Gas Operating LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Mar 2022Changed Mar 2023Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Feb 2022Daylight Petroleum LLCMar 2022 to Feb 2023Magnolia Oil & Gas Operating LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SEBESTA
API numberWell no.Status
42-051-327171Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Jul 31, 2023–
Energy Transfer CompanyCasinghead gasBuys100Mar 13, 2008–
Energy Transfer CompanyCasinghead gasGathers100Mar 13, 2008–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2020Jul 31, 2023
Shell Trading (Us) CompanyOilGathers100Nov 30, 2019May 1, 2020
Enterprise Crude Oil LLCOilGathers25Jun 1, 2012Nov 30, 2019
Flint Hills Resources, LPOilGathers75Jun 1, 2012Nov 30, 2019

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

80 acres on the newest permit

A pooling certificate was filed

Permits for Sebesta
API numberWell no.Acreson the permit
42-051-32717180

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 SEBESTA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil9411551550$80.46$2.89
Jun 2026Magnolia Oil6901291290$84.81$3.15
May 2026Magnolia Oil511761431430$102.13$2.94
Apr 2026Magnolia Oil7001461460$100.32$2.77
Mar 2026Magnolia Oil8601351350$91.38$3.04
Feb 2026Magnolia Oil911781471470$64.51$3.62
Jan 2026Magnolia Oil4001321320$60.04$7.72
Dec 2025Magnolia Oil1071791721720$57.97$4.26
Nov 2025Magnolia Oil5501321320$60.06$3.79
Oct 2025Magnolia Oil6401611610$60.89$3.19
Sep 2025Magnolia Oil281741691690$63.96$2.97
Aug 2025Magnolia Oil7102032030$64.86$2.91
Jul 2025Magnolia Oil1451862552550$68.39$3.20
Jun 2025Magnolia Oil1371832772770$68.17$3.02
May 2025Magnolia Oil0021210$62.17$3.12
Apr 2025Magnolia Oil13302472470$63.54$3.42
Mar 2025Magnolia Oil711771171170$68.24$4.12
Feb 2025Magnolia Oil36063630$71.53$4.19
Jan 2025Magnolia Oil5501401400$75.74$4.13
Dec 2024Magnolia Oil1141801461460$70.12$3.01
Nov 2024Magnolia Oil7301521520$69.95$2.12
Oct 2024Magnolia Oil721771641640$71.99$2.20
Sep 2024Magnolia Oil9201561560$70.24$2.28
Aug 2024Magnolia Oil1051771691690$76.68$1.99
Jul 2024Magnolia Oil9501661660$81.80$2.07
Jun 2024Magnolia Oil851731351350$79.77$2.54
May 2024Magnolia Oil8601601600$80.02$2.12
Apr 2024Magnolia Oil831541641640$85.35$1.60
Mar 2024Magnolia Oil101092920$81.28$1.49
Feb 2024Magnolia Oil971691291290$77.25$1.72
Jan 2024Magnolia Oil7601411410$74.15$3.18
Dec 2023Magnolia Oil1011821971970$71.90$2.52
Nov 2023Magnolia Oil9402142140$77.69$2.71
Oct 2023Magnolia Oil981812202200$85.64$2.98
Sep 2023Magnolia Oil811702602600$89.43$2.64
Aug 2023Magnolia Oil8902482480$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

Giddings (Buda) field

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