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Texas oil lease

Producing

SPRANKLE

Sprankle is an oil lease in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

1,875bbl oil, last 12 months−24% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-26590

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
13,631 mcf
Oil in Jul 2026
134 bbl

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for SPRANKLE, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 1,875 bbl in the 12 months through Jul 2026, against 2,481 bbl in the 12 months before.Last 12 months: 1,875 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for SPRANKLE, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 1,875 bbl in the 12 months through Jul 2026, against 2,481 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of SPRANKLE gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of SPRANKLE gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jul 25: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    71% · 9,743 mcf

  • Transmission line (2)

    29% · 3,888 mcf

1 well on this lease

Wells on SPRANKLE
API numberWell no.Status
42-477-310001Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers25Dec 1, 2022–
Enterprise Crude Oil LLCOilGathers25May 11, 2018–
Flint Hills Resources, LPOilGathers25May 11, 2018–
Shell Trading (Us) CompanyOilGathers25May 11, 2018–
Energy Transfer CompanyCasinghead gasBuys100Oct 29, 2013–
Energy Transfer CompanyCasinghead gasGathers100Oct 29, 2013–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Dec 1, 2022

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

Who buys my oilOil price check

681.21 acres on the newest permit

Permits for Sprankle
API numberWell no.Acreson the permit
42-477-310001681.21
42-477-310003681.21

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 SPRANKLE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261341821,1302930$80.46$2.89
Jun 20261381741,3054950$84.81$3.15
May 20261531801,3014640$102.13$2.94
Apr 202615611,3415310$100.32$2.77
Mar 20261661851,3495120$91.38$3.04
Feb 20261001861,2715150$64.51$3.62
Jan 20261611861,4276280$60.04$7.72
Dec 20251841859671300$57.97$4.26
Nov 2025184187909990$60.06$3.79
Oct 202517618480600$60.89$3.19
Sep 202516918381330$63.96$2.97
Aug 20251541801,0122180$64.86$2.91
Jul 20251941751,5877500$68.39$3.20
Jun 20251721881,3167380$68.17$3.02
May 20251761861,8531,0310$62.17$3.12
Apr 20252021851,9991,1890$63.54$3.42
Mar 20252261852,1081,2710$68.24$4.12
Feb 20252021851,3336210$71.53$4.19
Jan 20252201861,7028920$75.74$4.13
Dec 20241983611,8951,0580$70.12$3.01
Nov 20242121761,8531,0970$69.95$2.12
Oct 20242231852,1421,3050$71.99$2.20
Sep 20242211801,0931,0930$70.24$2.28
Aug 20242355421,6631,6630$76.68$1.99
Jul 202428716516510$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 20240239390$85.35$1.60
Mar 202410000$81.28$1.49
Feb 202410000$77.25$1.72
Jan 202401220$74.15$3.18
Dec 202301000$71.90$2.52
Nov 20233021210$77.69$2.71
Oct 202324066660$85.64$2.98
Sep 2023691811081080$89.43$2.64
Aug 20230345450$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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