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Royalty Clerk

Texas oil lease

Shut in

SUBURBAN

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

0bbl oil, last 12 months
RRC lease
03-22532

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Oil in Feb 2026
0 bbl
Reporting since
Aug 2025

Production by month

No production to chart

The state shows zero oil and zero gas for all 7 months we hold (Aug 2025 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

2 wells on this lease

Wells on SUBURBAN
API numberWell no.Status
42-287-300152Active
42-287-324381Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Dec 1, 2022

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

354.07 acres on the newest permit

A pooling certificate was filed

Permits for Suburban
API numberWell no.Acreson the permit
42-287-300152354.07
42-287-324381347.75

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

12 months, newest first

Ledger for SUBURBAN
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/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 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 202500$63.96$2.97
Aug 202500$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.

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Nearby

Leases within 10 km

Drilling permits within 10 km