Texas oil lease
Shut inSUBURBAN
Suburban is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
2 wells
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-22532
Is your check right?
Where it sits
This county
- Oil in Feb 2026
- 0 bbl
- Reporting since
- Aug 2025
Production by month
No production to chart
Where the gas went
No gas disposition reported for this lease
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-30015 | 2 | Active |
| 42-287-32438 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Marketing & Term | Oil | Gathers | 100 | Dec 1, 2022 | – |
| Magnolia Oil & Gas Operating LLC | Casinghead gas | Buys | 100 | Sep 1, 2018 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | Dec 1, 2013 | Dec 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
354.07 acres on the newest permit
A pooling certificate was filed
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-30015 | 2 | Jun 20, 1996 | Apr 25, 1974 | 354.07 |
| 42-287-32438 | 1 | Jun 24, 1994 | Aug 31, 1994 | 347.75 |
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 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
12 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026No report filed | – | – | $80.46 | $2.89 |
| Jun 2026No report filed | – | – | $84.81 | $3.15 |
| May 2026No report filed | – | – | $102.13 | $2.94 |
| Apr 2026No report filed | – | – | $100.32 | $2.77 |
| Mar 2026No report filed | – | – | $91.38 | $3.04 |
| Feb 2026 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025 | 0 | 0 | $64.86 | $2.91 |
No report filed
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- GERDES "B"
287 mcf
- LASHARON
279 mcf
- DEBBIE
272 mcf
- LENOISE UNIT
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- PARRISH, E.J.
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- GERDES, GARWOOD
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- MARVIN UNIT
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Giddings (Austin Chalk-3) field
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1 bbl
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- SCARMARDO, SANDYR
1 bbl
- NIX UNIT
4 mcf
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