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Texas oil lease

Producing

T-REX

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

1 well

552bbl oil, last 12 months−12% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-25844

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas, last 12 months
913 mcf
Oil in Jul 2026
69 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for T-REX, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 552 bbl in the 12 months through Jul 2026, against 629 bbl in the 12 months before.Last 12 months: 552 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for T-REX, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 552 bbl in the 12 months through Jul 2026, against 629 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of T-REX 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 T-REX 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, through Jul 2026.

1 well on this lease

Wells on T-REX
API numberWell no.Status
42-149-332261Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Oct 1, 2015
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

960 acres on the newest permit

Permits for T-Rex
API numberWell no.Acreson the permit
42-149-332261960

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 T-REX
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026691781201200$80.46$2.89
Jun 20265411281280$84.81$3.15
May 2026861701561560$102.13$2.94
Apr 20269601481480$100.32$2.77
Mar 20262291813383380$91.38$3.04
Feb 202672000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 20251118223230$64.86$2.91
Jul 20255501041040$68.39$3.20
Jun 202558192920$68.17$3.02
May 202556095950$62.17$3.12
Apr 20256018998980$63.54$3.42
Mar 202510701091090$68.24$4.12
Feb 2025601951531530$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202432057570$70.12$3.01
Nov 20245611001000$69.95$2.12
Oct 202455081810$71.99$2.20
Sep 20244517068680$70.24$2.28
Aug 20244501271270$76.68$1.99
Jul 20245419437370$81.80$2.07
Jun 202452039390$79.77$2.54
May 202410301391390$80.02$2.12
Apr 202411018180$85.35$1.60
Mar 20246618951510$81.28$1.49
Feb 202455188880$77.25$1.72
Jan 20246301001000$74.15$3.18
Dec 20236111091090$71.90$2.52
Nov 2023581811151150$77.69$2.71
Oct 20237111201200$85.64$2.98
Sep 20235601081080$89.43$2.64
Aug 2023561781121120$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)CountyFayette County

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