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Texas oil lease

Producing

TATE UNIT

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

1 well

557bbl oil, last 12 months−19% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-22486

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
3,810 mcf
Oil in Jul 2026
30 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for TATE UNIT, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 557 bbl in the 12 months through Jul 2026, against 685 bbl in the 12 months before.Last 12 months: 557 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for TATE UNIT, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 557 bbl in the 12 months through Jul 2026, against 685 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 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 TATE 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 TATE 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, through Jul 2026.

1 well on this lease

Wells on TATE UNIT
API numberWell no.Status
42-287-324361Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

252.62 acres on the newest permit

A pooling certificate was filed

Permits for Tate Unit
API numberWell no.Acreson the permit
42-287-324361252.62

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 TATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202630172000$80.46$2.89
Jun 2026500000$84.81$3.15
May 202670000$102.13$2.94
Apr 2026400000$100.32$2.77
Mar 2026400000$91.38$3.04
Feb 202640182000$64.51$3.62
Jan 2026350110$60.04$7.72
Dec 2025290000$57.97$4.26
Nov 2025360110$60.06$3.79
Oct 2025180000$60.89$3.19
Sep 20259024240$63.96$2.97
Aug 20252231773,7843,7840$64.86$2.91
Jul 20252665423,3903,3900$68.39$3.20
Jun 202514804224220$68.17$3.02
May 2025400000$62.17$3.12
Apr 2025480440$63.54$3.42
Mar 2025211000$68.24$4.12
Feb 202550000$71.53$4.19
Jan 20250180000$75.74$4.13
Dec 2024230000$70.12$3.01
Nov 2024240000$69.95$2.12
Oct 2024520440$71.99$2.20
Sep 2024380000$70.24$2.28
Aug 2024200000$76.68$1.99
Jul 2024250000$81.80$2.07
Jun 2024691926636630$79.77$2.54
May 20241511891,7221,7220$80.02$2.12
Apr 202480000$85.35$1.60
Mar 20248007207200$81.28$1.49
Feb 20241161761,3821,3820$77.25$1.72
Jan 202411001,0851,0850$74.15$3.18
Dec 20231501757637630$71.90$2.52
Nov 2023350000$77.69$2.71
Oct 2023310550$85.64$2.98
Sep 20231001781,1191,1190$89.43$2.64
Aug 2023751745865860$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)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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