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Royalty Clerk

Texas oil lease · RRC district 03 · Lease 14541

Producing

SUROVIK UNIT

Surovik Unit is an oil lease in Burleson County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 574 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

574bbl oil, last 12 months+4% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-14541

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County · RRC district 03Open Burleson County →
Gas, last 12 months
876 mcf
Oil in Jul 2026
30 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 4% over the last 12 months

574 bbl in the 12 months through Jul 2026, against 554 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for SUROVIK UNIT, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 574 bbl in the 12 months through Jul 2026, against 554 bbl in the 12 months before.Last 12 months: 574 bblbbl per monthmcf per month005050100100150150200200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for SUROVIK UNIT, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 574 bbl in the 12 months through Jul 2026, against 554 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 14541, district 03. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of SUROVIK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of SUROVIK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 14541, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Aug 2025

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeGinger Petroleum Company, Inc., Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Ginger Petroleum Company, Inc.Jan 2020 to Jul 2025Magnolia Oil & Gas Operating…Aug 2025 to now
Operators of this lease over timeGinger Petroleum Company, Inc., Jan 2020 to Jul 2025; Magnolia Oil & Gas Operating LLC, Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Ginger Petroleum Company, Inc.Jan 2020 to Jul 2025Magnolia Oil & Gas Operating LLCAug 2025 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 14541 in district 03. The API number is the state’s ID for a well.
Wells on SUROVIK UNIT
API numberWell no.Status
42-051-312571Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 14541.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Energy Transfer Marketing & Term and Shell Trading (Us) Company gather it.

    Energy Transfer Marketing & Term gathers it: 50% of it, on the list since Aug 1, 2025 · Shell Trading (Us) Company gathers it: 50% of it, on the list since Aug 1, 2025

  • Gas from oil wells

    Energy Transfer Company buys and gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since Feb 1, 2014 · Energy Transfer Company gathers it: 100% of it, on the list since Feb 1, 2014

Companies that used to be listed: Energy Transfer Marketing & Term (gathers it, until Aug 1, 2025); Lessley Services LLC (gathers it, until Aug 1, 2025); Shell Trading (Us) Company (gathers it, until Aug 1, 2025); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022); Lessley Services LLC (gathers it, until Sep 1, 2021); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Sep 1, 2021).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

72 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
Jun 22, 1981
Latest permit
Dec 31, 1980

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Surovik Unit
API numberWell no.Acreson the permit
42-051-31257172

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says SUROVIK UNIT sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for SUROVIK UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil30013130$80.46$2.89
Jun 2026Magnolia Oil10000$84.81$3.15
May 2026Magnolia Oil190000$102.13$2.94
Apr 2026Magnolia Oil490000$100.32$2.77
Mar 2026Magnolia Oil103180330$91.38$3.04
Feb 2026Magnolia Oil16114140$64.51$3.62
Jan 2026Magnolia Oil3001251250$60.04$7.72
Dec 2025Magnolia Oil551931321320$57.97$4.26
Nov 2025Magnolia Oil5801391390$60.06$3.79
Oct 2025Magnolia Oil7901321320$60.89$3.19
Sep 2025Magnolia Oil001491490$63.96$2.97
Aug 2025Magnolia Oil1342241691690$64.86$2.91
Jul 2025Ginger Petroleum8001531530$68.39$3.20
Jun 2025Ginger Petroleum2201441440$68.17$3.02
May 2025Ginger Petroleum2801651650$62.17$3.12
Apr 2025Ginger Petroleum431801431430$63.54$3.42
Mar 2025Ginger Petroleum4901471470$68.24$4.12
Feb 2025Ginger Petroleum5301371370$71.53$4.19
Jan 2025Ginger Petroleum3101461460$75.74$4.13
Dec 2024Ginger Petroleum551741431430$70.12$3.01
Nov 2024Ginger Petroleum5701471470$69.95$2.12
Oct 2024Ginger Petroleum3801401400$71.99$2.20
Sep 2024Ginger Petroleum441761621620$70.24$2.28
Aug 2024Ginger Petroleum5401551550$76.68$1.99
Jul 2024Ginger Petroleum5201541540$81.80$2.07
Jun 2024Ginger Petroleum4701501500$79.77$2.54
May 2024Ginger Petroleum391721431430$80.02$2.12
Apr 2024Ginger Petroleum5701141140$85.35$1.60
Mar 2024Ginger Petroleum3801121120$81.28$1.49
Feb 2024Ginger Petroleum6701401400$77.25$1.72
Jan 2024Ginger Petroleum681701581580$74.15$3.18
Dec 2023Ginger Petroleum1401791891890$71.90$2.52
Nov 2023Ginger Petroleum52032320$77.69$2.71
Oct 2023Ginger Petroleum90059590$85.64$2.98
Sep 2023Ginger Petroleum7051510$89.43$2.64
Aug 2023Ginger Petroleum0091910$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyBurleson County

Magnolia Oil & Gas Operating LLC in Burleson County

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Giddings (Austin Chalk-3) field

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Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 14541, district 03, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.